The Property Podcast

TPP455: December Market Update

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Sinopsis

It’s the December Market Update  Rob & Rob are back with your monthly update, and it’s safe to say the market isn’t ready to wind down for Christmas just yet.  From rents shooting up, to potentially devastating news for Welsh landlords. And a fall of 52% in property transactions... The Rob’s have got plenty to cover.  All the links you need to get stuck in are just below:  Sales  UK house sales fall 52% in month after stamp duty holiday deadline  Rents  Has Covid finished off the rental market?  UK rents ‘rising at fastest pace in 13 years’  Rents up sharply in prime areas of London as market bounces back  Savills - Rental revival  Landlords face punishing new costs under property wealth tax plan  Mortgages  Bank of England considering easing mortgage rules in move that could boost house prices  Kensington launches long-term fixed rates up to 40 years  Cladding  BoE concerned cladding crisis poses risk to UK financial stability  Cladding scandal: How plans to make flat leaseh