Episode 33

So what if it drops 20%


July 15th, 2020

26 mins 59 secs

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About this Episode

Stuart and Simon chat about their thinking as they approach a changing property market outlook, and how they could approach it better.

Recorded on Tuesday 7th July - before the Summer Statement!

The discussion this week included:

  • Stuart's words linger in Simon's thoughts!
  • Cash reserves make for a stronger position to offer from.
  • Possible implications of a stamp duty "holiday".
  • Simon is wrong about the stamp duty reduction applying to investors!
  • Should you try to "time the market".
  • Property paperwork can take a long time.
  • "When you're inside the bottle, it's hard to read the label."
  • Anecdotal property market stats from PaTMa's price history extension.
  • When will people start talking about the recession.
  • Should predicted price drops stop you from buying.
  • Choosing mortgage products to fit market forecasts.
  • "So what if it drops 20%!"

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