Property News - House Prices Drop - Lenders Dropping Mortgage Rates & More

Property News - House Prices Drop - Lenders Dropping Mortgage Rates & More

In this week’s property news, house prices are taking a dip, and lenders are slashing mortgage rates! 🏡💰 What does this mean for buyers, sellers, and investors? Join us as we dive into the latest market trends, explore opportunities, and discuss what’s next for the UK property market.

Let me know your thoughts, comment below, any questions also post them below.

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[AJay-rfvs]

It would be helpful if you could do a video on buying property using a limited company whilst explaining the pros and cons of transferring a property from ones portfolio into a limited company. I'm not sure if this is something that you have knowledge about but I'm sure that lots of your viewers would find this topic interesting as well, thanks in advance.

[norronnyack]

I don't always have time to watch every day so a weekly catch up is useful

[InnesRobertson]

House prices have been falling for years especially at the high end. My house was valued at 2.2 million in 2022 and was valued at 675k last year. Also if you factor in real inflation not CPI household inflation is currently just under 20 percent. House values are lower in real terms than they were in 2007. Lots of boomers die or downsizing due to cost of living. Few people want to pay 500 per month home insurance and 500 per month council tax like I do. House prices are used as the total rental potential in the countries GDP figures so if they go down we'd be in recession. That is why the media always report rightmove saying house prices but RightMove use asking prices and sold prices are about 30 percent lower typically. The fact is property was a fantastic investment from the 1970's until the 2000's and the wealth could be realized by downsizing of moving abroad but owning a property is like owning a car. It is good to have but it is not going to make money it costs money.

[mattanderson]

Fantastic discussion
Excellent analysis
Thank you Sir



I always love listening to you

[minecraftmike]

Sounds really good, but what do you do when you have a clueless solicitor who is taking a long time, way too long. As the same questions again after you have already told and sent documentation to them.

[andrewestbrook]

On the Isle of Wight a property has just been reduced from £17 million to £12 million. Unsurprisingly, the Isle of Wight is experiencing the second most painful correction in asking prices across the UK, after Norfolk.

[nuray]

In my area, last year this time a 2 bed freehold house was around 360K and now 425K, unbelievable, who can afford it?

[James-cheese]

Outstanding service. Thank you sir! I love the way you put across all the latest information in a clear and concise manner.
It is interesting how the data varies quite a lot between lenders, so we should factor in some tolerance when trying to interpret all these sets of data.

[SachinPatel-uqil]

I have a property business. Is there any protection I can get for the business in case anything happens to a tenant/ tenants not paying rent etc.

[indiannajames]

I have heard that the difficult British Bond market will affect swap rates and that could increase interest rates, what are views on this?

[AndrewBarton-wi]

Mr property accelerator man how much money do you have in your bank account?? 😉😉

[dazmurph]

They have been dropping for years, this was never going to be sustainable, low interest rates for years has been a key factor..If you were lucky enough to time it right years ago and pay off mortgage bravo...But now house prices are 5 times more with higher interest rates and inflation high.

[Арендаквартирыпосуточновгороде]

Where is prices dropping?? 😮😅 in Manchester prices up a lot! £5-10K up from December 2024

[wicked-witch-of-the-west]

I won't be buying a 2nd buy to let, until this country gets its act together. It's an effin f*cking disgrace. Shameful

[areyoutryingtosay]

James you're missing the point about section 21, yes we can get the property back in certain circumstances such as anti social behaviour, the difference is you know have to prove it to the judge which can be difficult, costly legal advice and delays for technicalities, that's why people used section 21, not because there wasn't a fault but because it's difficult, expensive and time consuming to prove. On a different note, the sooner we can get rid of gas boilers the better, and I don't mean anything to do with an energy or cost perspective, they are simply just a pain, and even the best of them are less reliable than a Reliant Robin from the 70's

[AndrewBarton-wi]

Mr property accelerator man are you a millionaire?? 💶💶💶

[biocyberfunk]

Hi James, regarding service accommodations: Is it a requirement to setup a limited company in order to manage it?

Currently I hold an LTD for my consultancy work.
Could I register the service accommodation property to my LTD or is best practice to setup a separate entity?

[Dale-]

James nice video as usual pal. Here's one for ya if you don't mind? We are both 36 my tracker ends in December this year I have 24 years with 160k on, the house is worth 330k I'm thinking about interest only for 2-3 years is £588 per month I'm paying £1020 atm


Then investing the extra £300 month DCA into bitcoin and tesla isa (yes volatile but I've done a lot of research in the last 6 years on both and happy to stay with my decision)


What do you think of that plan please mate, I'm happy with the risk and will be inheriting my mother's house one day in the far future 🤞but she is 75 😂

Wife is nurse and I'm a carpenter we're not doing to bad on the monthly income but never going to be rich living like we are atm.

Thanks for your time.

[manishg]

Labour are crashing the economy. Be ready for massive discounts on houses due to repossessions 😂😂

[AndrewBarton-wi]

Mr property accelerator man because you owe lots of property’s why don’t you take the equity out of your property’s and buy a new property in cash 😉😉😉