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    Explore "ukbudget" with insightful episodes like "TPP574: March Market Update", "The politics behind the UK Budget", "Autumn Budget: How do the chancellor's measures affect me?", "TPP210: Property investment in Scotland: how and where to buy" and "Budget Special: Capital gains tax, income tax and pensions" from podcasts like ""The Property Podcast", "FT News Briefing", "Money Clinic with Claer Barrett", "The Property Podcast" and "Money Clinic with Claer Barrett"" and more!

    Episodes (5)

    TPP574: March Market Update

    TPP574: March Market Update

    It’s our spring budget update special, bringing you all the vital information from the House of Commons that affects all property investors. And holiday let owners beware we have some important updates that you might not like!

    Join us as we uncover news that could be cause for celebration or a reason for sleepless nights… 

    • (0:57) Spring Budget – what happened? 
    • (8:00) Bad news for holiday let owners 
    • (12:00) Some positive news for house prices 
    • (13:40) Next week’s special episode on house prices 
    • (14:20) Mortgage news from our expert 
    • (16:06) Is the rental boom over? 
    • (18:14) Hub Extra: eBay tips…

    Links mentioned: 

    Holiday Lets: 

    House Prices: 

    Mortgages: 

    Rents: 

    Enjoy the show? 

    See omnystudio.com/listener for privacy information.

    The politics behind the UK Budget

    The politics behind the UK Budget

    Gold prices have surged close to record levels, and the EU has fined Apple €1.8bn as it boosts its fight against Big Tech. Plus, the FT’s Sam Fleming explains whether the Conservatives planned tax cuts will actually affect the outcome of the upcoming UK election. 



    Mentioned in this podcast:

    Apple hit with €1.8bn fine for breaking EU law over music streaming

    Will Big Tech agree to play by Europe’s rules?

    The hard Budget choices facing a cash-strapped UK



    The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.





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    TPP210: Property investment in Scotland: how and where to buy

    TPP210: Property investment in Scotland: how and where to buy

    A long overdue podcast focussing on buying in Scotland. What to be aware of when you buy in Scotland, and of course, we will be discussing where to buy.

    Check the Home Report. 

    The Home Report is a document that exists in Scotland but not here, and we love this as it gives both parties a lot more confidence in the sale as it progresses, as there are no surprises that crop up along the line. 

    This will contain a survey (including a valuation), an energy report and a property questionnaire.

    Plan your offer

    Properties are marketed at a fixed price (which you can offer below if you want), or “offers over”. When it’s “offers over”, you submit a sealed bid before a certain date. After the deadline, the vendor’s solicitor opens all the offers and the vendor chooses which to accept.

    Your solicitor puts in the offer

    Offers are made by your solicitor directly to the vendor’s solicitor – not via estate agents. So you need to have a solicitor in order to make an offer. You can make your offer “subject to survey” if you want to get your own survey done rather than just relying on the Home Report, but this will obviously be less attractive.

    Go through the legals

    If your offer is accepted, the vendor’s solicitor will issue a “qualified acceptance” and pass across the property deeds and other documents. Your solicitor will go through it all and raise enquiries.

    Once they’re happy, the two solicitors exchange letters – this is known as “concluding missives” and at this point the sale is binding on both sides

    Complete

    On the date agreed in the contract, you pay the full purchase price (there’s usually no deposit) and the property is signed over to you

    So, that's the process, but where should you buy?

    Edinburgh – An extremely popular area, but supply is very low at the moment so prices are very high.

    Glasgow – Glasgow has lots of demand due to overspill from Edinburgh, so it is fairly expensive but is popular.

    Commuter belt of Glasgow/Edinburgh Riding the ripple effect from these two major cities, is the commuter belt, which is well worth checking out.

    Stirling – The UK’s most affordable city and a popular tourist destination. (Thanks Ollie Hughes on Hub for the heads up here)

    Aberdeen –  Thsi is an interesting market, because it’s so dependent on the oil industry.  Aberdeen had the biggest fall in price in the UK last year.

    West Coast, Ayrshire – Another area where high yields are available.

    All this said, we're not experts on the Scottish market but there are plenty of people who are over on the forum.

    Meet Rob D in Scotland

    Our Scottish Meetups are brilliant already but in April we are having a re-boot of our Edinburgh Meetup and we're sending Rob D to say hi. If you can make it, he would love to see you. You can book your completely free ticket to the Edniburgh Meetup on April 6th here.

    If you can't make it to Edinburgh there is bound to be a Meetup near you anyway - you can find more details and links to book your tickets, right here.

    News story: The Budget U-Turn

    Last week we discussed how the Spring Budget was a bit of a non-event, but this week the Government have cemented that status by doing a u-turn on the one major thing that was announced. Read all about it here, but in a nutshell, national insurance is staying the same.

    Resource of the week

    A Chrome extension from Rob D's friend Patrice. Subliminal Affirmations - set messages that you want to absorb into your conscious. Sounds mad? Maybe, but Rob D has been using this for a couple of weeks and confirms he is feeling even more awesome than usual.

    Continue the conversation over in the forum

    Have you invested in Scotland? Are you considering it? Discuss all things Scottish in further detail over on the forum. You will see it's discussed pretty often, for example when Charles D recently asked about areas he should consider investing in, or when James from London started this post all about looking at deals in Glasgow.

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