PROPERTY: High Street Opportunities And More Madness With Marc Champ of Wharf Financial
In this episode, Rob sits down with Marc Champ of Wharf Financial for their monthly property financing and opportunities round up. They talk about which fixed deals currently offer the best value and an unusual trend that is likely to impact mortgage rates.
The Property Nomads Podcast · Rob Smallbone & Aaron Devoy
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Show Notes
In this episode, Rob sits down with Marc Champ of Wharf Financial for their monthly property financing and opportunities round up. They talk about which fixed deals currently offer the best value and an unusual trend that is likely to impact mortgage rates.
KEY TAKEAWAYS
- Strangely, a 10-year fixed rate can be slightly better than a 2-year deal. Marc explains why.
- Something slightly weird is happening with mortgage interest rates in the UK.
- Having a fixed rate has cons as well as pros.
- The rate of retail failures is accelerating which means lots of opportunities for property developers.
- There are so many business opportunities and there is no barrier to entry.
- Many of the UK High Street banks have become more risk-averse, but FinTech financing is still relatively easy to secure.
BEST MOMENTS
‘At the moment, a 10-year fixed is cheaper than a 2-year deal.’
‘Expect the unexpected.’
‘There will be more opportunities for commercial to residential.’
‘There will never be an easy fix for the supply and demand of housing in the UK.’
ABOUT THE HOST
Rob Smallbone, the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.
Buckle up, sit tight, and enjoy the ride that is life.
EPISODE RESOURCES
Marc Champ @ Wharf Financial
E-mail = [email protected]
Phone = 0208 895 6677
Social Media = @wharffinancials
Website = https://www.wharffinancial.co.uk
Money Weekly = https://moneyweek.com/
Donations for Wharf Financial charity cycle challenge: https://www.justgiving.com/fundraising/wharffinancialn2challenge
BOOKS
Buy To Let: How to Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
Property FAQs = https://amzn.to/3MWfcL4
WEBSITE
SHOP
SOCIAL MEDIA
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YouTube - https://www.youtube.com/channel/UCejNnh8OEUXSrdgFDFraWxg
PODCAST
The Property Nomads Podcast:
I-Tunes = apple.co/3bHNn5G
Stitcher = bit.ly/3cFQVqe
Spotify = spoti.fi/2XaZliP