Welcome to The London Property Podcast in this episode Chris Mulry and Jaffar Saraj talk about the dynamic and ever-evolving London market. As the end of the summer draws near and as the leaves change color and the autumn breeze sweeps in, it's time to catch up with the experts who shape the pulse of London's business landscape.
In this special autumn edition, we bring you a relaxed informal catch up on the market condition, share thoughts and insights, predictions, and strategies for navigating the London market as we head into the final stretch of the year.
Our expert guests will provide you with insider perspectives, actionable advice, and a deeper understanding of the opportunities and challenges that autumn brings to the London market. Discover how the city's businesses are adapting to changing consumer preferences, explore innovative strategies for growth, and gain valuable insights to help you thrive in this dynamic environment.
Chris' LinkedIn: https://www.linkedin.com/in/chrismulry/ Jaffar LinkedIn: https://www.linkedin.com/in/jaffar-saraj-859970b4
Jaffar Instagram: Instagram (@jaffar_saraj)
Disclaimer-
This podcast is produced for information only and should not be relied upon as professional advice. The London Property Podcast accepts no liability or responsibility for direct, indirect or consequential loss arising from the use of reference to or reliance on this podcast or this content. The London Property Podcast accepts no warranty for the accuracy of the information in this podcast.
The views, thoughts and opinions expressed in this podcast, belong solely to the authors and not any external organisation or individuals.
Welcome to "London Property Podcast” This week we speak with Harry Berry to explore the ins and outs of this dynamic and ever-evolving industry.
Harry Berry, a seasoned estate agent with 12 years of experience in Knightsbridge provides valuable insights into the trends, challenges, and opportunities present in Central London's property landscape.
Chris' LinkedIn: https://www.linkedin.com/in/chrismulry/
Chris' Instagram: Instagram (@chris_mulry_property)
Marius' Instagram: Instagram (@mariusnazare)
Marius' LinkedIn: https://www.linkedin.com/in/mariusnzr/
Jaffar LinkedIn: https://www.linkedin.com/in/jaffar-saraj-859970b4
Jaffar Instagram: Instagram (@jaffar_saraj)
This podcast is produced for information only and should not be relied upon as professional advice. The London Property Podcast accepts no liability or responsibility for direct, indirect or consequential loss arising from the use of reference to or reliance on this podcast or this content. The London Property Podcast accepts no warranty for the accuracy of the information in this podcast.
The views, thoughts and opinions expressed in this podcast, belong solely to the authors and not any external organisation or individuals.
On The London Property Podcast this week host Wendy Docherty. Wendy, a seasoned mortgage broker at SPF, shares her expertise and guidance on navigating the turbulent mortgage market.
Wendy emphasizes the importance of seeking advice when entering the mortgage market. With the ever-changing landscape of interest rates and diverse options available, she highlights how a mortgage broker can help individuals identify the most suitable mortgage solutions tailored to their specific needs in a turbulent market. Get in touch with Wendy to equip you with the knowledge to make confident, well-informed mortgage choices.
Marius Nazare Instagram: Instagram (@mariusnazare)
Marius Nazare LinkedIn: https://www.linkedin.com/in/mariusnzr/ Chris Mulry LinkedIn: https://www.linkedin.com/in/chrismulry/ Chris Mulry Instagram: Instagram (@chris_mulry_property)
Jaffar LinkedIn: https://www.linkedin.com/in/jaffar-saraj-859970b4
Jaffar Instagram: Instagram (@jaffar_saraj) This podcast is produced for information only and should not be relied upon as professional advice. The London Property Podcast accepts no liability or responsibility for direct, indirect or consequential loss arising from the use of reference to or reliance on this podcast or this content. The London Property Podcast accepts no warranty for the accuracy of the information in this podcast.
The views, thoughts and opinions expressed in this podcast, belong solely to the authors and not any external organisation or individuals.
Many people underestimate the significance of choosing the right solicitor when dealing with property-related issues. They might think that any solicitor can handle their case, but that's far from the truth. We invite guest speaker Senior Consultant Robin Leigh from SA Law who acts for our co-host property developer Jaffar Saraj @ The Collaborative on multiple transactions to talk about conveyancing and the importance of choosing the right legal team when buying or selling a property.
Featuring in this podcast
Chris' Instagram: Instagram (@chris_mulry_property)
Chris' LinkedIn: https://www.linkedin.com/in/chrismulry/
Jaffar Saraj @ The Collobrative London
Jaffar LinkedIn: https://www.linkedin.com/in/jaffar-saraj-859970b4
Jaffar Instagram:
Robin Leigh @ RS Law
Robin.Leigh@salaw.com
This podcast is produced for information only and should not be relied upon as professional advice. The London Property Podcast accepts no liability or responsibility for direct, indirect or consequential loss arising from the use of reference to or reliance on this podcast or this content. The London Property Podcast accepts no warranty for the accuracy of the information in this podcast.
The views, thoughts and opinions expressed in this podcast, belong solely to the authors and not any external organisation or individuals.
With the introduction of the Renters Reform Bill to Parliament on the 17th May 2023, this long awaited proposed legislation affecting the private rented sector in England moves closer to becoming law.
The headline part of the bill has been the proposed abolishment of the so called “no fault eviction” known formally as the Section 21 notice. For Landlords who have initial concerns about the impact this may have, it is worth noting that the Section 21 Notice is not a commonly used tool for seeking possession. When used, it is primarily for reasons that are likely to be included in changes made to the Section 8 notice, such as needing to move back into the property or selling the property. There is no doubt though that the proposed changes are a shift from the current legislation in place.
The main proposals in the bill include:
The Government has said the Bill “will introduce comprehensive, fair and efficient grounds to ensure landlords have confidence they can regain possession when it is reasonable. We will expedite landlords’ ability to evict those who disrupt neighbourhoods through anti-social behaviour and introduce a new ground for persistent rent arrears”
It is important to note that although this bill has been introduced to parliament it has not yet become law. At this time, we cannot confirm the date the Bill will become law. It must pass through both Houses of Parliament where amendments are expected to be made. The government does however plan to have the Bill pass into law in the lifetime of this Parliament, which is currently due to run to Dec 2024.
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Chris' Instagram: Instagram (@chris_mulry_property)
Marius' LinkedIn: https://www.linkedin.com/in/mariusnzr/
Chris' LinkedIn: https://www.linkedin.com/in/chrismulry/
Jaffar LinkedIn: https://www.linkedin.com/in/jaffar-saraj-859970b4
Jaffar Instagram: Instagram (@jaffar_saraj)
This podcast is produced for information only and should not be relied upon as professional advice. The London Property Podcast accepts no liability or responsibility for direct, indirect or consequential loss arising from the use of reference to or reliance on this podcast or this content. The London Property Podcast accepts no warranty for the accuracy of the information in this podcast.
The views, thoughts and opinions expressed in this podcast, belong solely to the authors and not any external organisation or individuals.
1.1. International Demand: Prime Central London remains a global hotspot for property investment, attracting international buyers seeking stable investments and a cosmopolitan lifestyle.
1.2. Limited Supply: The supply of prime properties in central London is constrained by a shortage of developable land and strict planning regulations, leading to increased competition and upward pressure on prices.
1.3. Shift in Buyer Preferences: Buyers are increasingly looking for properties with modern designs, energy efficiency, and high-quality finishes. They value functionality, flexible living spaces, and the latest technology.
Price Movements and Market Analysis:
2.1. Historical Price Performance:
2.2. Impact of Rising Interest Rates:
2.3. Resilience and Stability:
3.1. Continued Demand:
Affordability and Mortgage Costs:
1.1. Reduced Affordability:
-Increased Borrowing Costs:
-Affordability Challenges:
-Price Corrections:
-Demand and Transaction Volumes:
2.1. Slower Transaction Volumes:
Buyer Hesitation: Higher interest rates
Impact on Property Types:
Investment and Buy-to-Let Market:
3.1. Rental Yields:
-Squeezed Profitability:
-Increased Costs for Landlords:
-Market Adjustment:
Making your property marketable:
- Attractive Visual Appeal:
-Modern Design Elements:
-Improved Layout and Functionality:
-High-Quality Finishes:
-Convenience for Buyers:
-Limited Disruption:
-Immediate Rental Potential:
-Energy Efficiency and Sustainability:
3.1. Reduced Utility Costs:
Higher Market Demand and Increased Value:
-Limited Supply: Prime Central London
-Potential for Capital Appreciation:
Refurbished properties have become highly desirable and are selling quickly in the current market in Prime Central London.
Your weekly London Property show presented by your experts Marius Nazare & Chris Mulry - Vlog 28
1) London homes snapped up by Hong Kong buyers quadruples: https://www.cityam.com/london-homes-snapped-up-by-hong-kong-buyers-quadruples/
2) London Led the World in Super-Prime Home Sales During 2020: https://www.mansionglobal.com/articles/london-led-the-world-in-super-prime-home-sales-during-2020-226470
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DISCLAIMER: This video is produced for information only and should not be relied upon as professional advice. The London Property Podcast accepts no liability or responsibility for direct, indirect or consequential loss arising from the use of reference to or reliance on this video or this content. The London Property Podcast makes no warranty to the accuracy of the information in this video. The views, thoughts and opinions expressed in this video, belong solely to the authors and not any external organisation or individuals.
1) London £5m+ home sales highest in 5 years as 2020 ends on a high: https://www.savills.co.uk/insight-and...
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