Rob discusses the government's backtracking on the no-fault eviction ban, specifically focusing on Michael Gove's inability to guarantee its implementation before the next election. The episode delves into the complexities of the housing crisis, highlighting the perspectives of both landlords and tenants on the issue

KEY TAKEAWAYS

• The government is backtracking on the no-fault eviction ban, with uncertainty about its implementation before the next election.
• There are two sides to the debate on no-fault evictions, with landlords wanting the option for scenarios where they need the property back quickly, while tenants seek security and stability.
• The government's promises regarding the no-fault eviction ban have been inconsistent, leading to skepticism about its actual implementation.
• The issue of no-fault evictions currently only applies to England.
• It is suggested to wait for the new government to see how they handle the no-fault eviction ban issue.

BEST MOMENTS

"The government have had this in place since I believe 2019 and they've wanted to bring this in and then some pandemics and all that sort of stuff that pushed things to the back burner."

"There's many reasons why demand is much higher than supply at the moment, and that's not going to change."

"Landlord's point of view is quite simple. We still want no full evictions because there are scenarios where we want the property back or if a tenant's been very difficult."

"Tenants want security, they want to be able to get by day to day, knowing that they've got that medium to long term security."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&ocid=winp2fptaskbar&ei=5&sc=shoreline

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

Rob discusses a new property strategy that may be available for property investors to explore. With many councils facing financial struggles and looking to sell off assets to cover liabilities, there is a unique opportunity for property developers and investors to potentially acquire land or buildings at discounted rates. Rob encourages you to reach out to your local council, particularly those in financial distress, to explore potential opportunities for collaboration or investment.

KEY TAKEAWAYS

• A new property strategy may be available through local councils selling assets to fund liabilities.
• Property developers and investors can benefit from contacting struggling councils to potentially purchase assets at discounted rates.
• It is advisable to reach out to local councils, such as Nottinghamshire City Council or Birmingham City Council, who are aiming to raise funds through asset sales.
• Building a win-win situation with councils by offering to purchase assets or potentially joint venture with them can be advantageous.
• Success stories from engaging with councils should be shared, and support for the podcast by liking, subscribing, and checking out the YouTube channel is encouraged.

BEST MOMENTS

"There might be a new property strategy available and there might even be a new way to obtain quite a lot of property."

"Selling assets to pay for your liabilities is not a good thing, you need to do it the other way around."

"You could be in a very good position to help your council. What you need to do is to just get in contact with them."

"There are always opportunities out there, and for the sake of reaching out to your council, you never know what you might end up with."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&ocid=winp2fptaskbar&ei=5&sc=shoreline

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast

Rob looks into the crucial topic of choosing the right lettings agent for managing rental properties. He discusses the two main ways to manage a property portfolio: self-management or working with a lettings agent. He also provides valuable insights on finding a local lettings agent with good knowledge and reputation, emphasising the importance of building a strong relationship with the agent.

KEY TAKEAWAYS

• Choosing the right lettings agent involves deciding between self-management or working with a lettings agent.
• It is ideal to find a local lettings agent with good knowledge and reputation in the area where the property is located.
• When selecting a lettings agent, consider factors such as proximity to the property, independence vs. national chain affiliation, and reviews from both landlords and tenants.
• Avoid haggling too much on lettings agent fees as quality of service often correlates with the fee.
• Prioritise finding the right tenant for the property over simply aiming for the highest rent, as a good tenant can be invaluable in the long run.

BEST MOMENTS

"Knowledge is power. That is what you're looking for. You are ideally looking for a local lettings agent Hopefully that's been around for a little while, they know the area, they know the streets, like the back of their hand, perfect."

"A property is a relationship. Business, it's a people business. Working with the right people is key."

"Don't haggle too much on the lettings agent fee, you get what you pay for."

"Ultimately, at the end of the day, you then just go with gut instinct, you have to go if you got instinct, we can say, not fair for us to mention names, we're not going to do that."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/new-5-000-deposit-mortgage-allows-homeowners-to-borrow-up-to-99/ar-BB1kAyPG?cvid=a8d56fce268a490ed6c3e1a701b2dae2&ocid=winp2fptaskbar&ei=5&sc=shoreline

GET YOUR PROPERTY DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOCIAL MEDIA/CONTACT US

https://linktr.ee/thepropertynomadspodcast

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast