Mark Homer joins Nigel to talk about one of the ways he sees us dealing with the housing crisis, redevelopment of retail and other commercial units into residential use. They discuss the barriers to general development and the new legislation coming into place soon.

KEY TAKEAWAYS 

• The government hasn’t been getting anywhere near its target for building houses, largely down to local planning and democracy.
• Over the years it’s become more difficult to convert commercial property into residential but there is some new regulation being discussed that could change this.
• You don’t get the same objections and difficulties when trying to develop housing in a city centre -vs.- rural communities.

BEST MOMENTS  

‘Everywhere the government turns it finds it more and more difficult to meet these housing targets’

‘I was the first person in Peterborough to take an office building and turn it into apartments’

‘It makes sense to live in city centres now and if we do a new kind of shopping with emerge’

‘So many builders are saying that the current green targets, are making it harder and harder’

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

Mark and Rob do a Q&A with the audience and answer questions about books, entrepreneurship, what they are up to across their property businesses and the people they currently look to for inspiration. They also talk about how they are managing the current economic crisis and their thoughts on AI.

KEY TAKEAWAYS 

• Your brain has a capacity, you can fill it with too much with things that aren’t relevant or good for you. Mark is selective about what he consumes, especially regarding books and other media.
• When people kept telling Mark he would fail, he simply bought houses and didn’t tell anyone until he succeeded.
• Don’t let the negative people around you hold you back, they are trying to keep you in the place they are at.
• Progressive’s costs have gone up significantly, like most property investors. Mark is going through all of their portfolios to see where he can make savings.
• Arnold Schwarzenegger and John De Martini are two of Rob’s current inspirational people!
• There will be a lot to come out of AI that will be worthwhile, Mark believes in the wait and watch strategy, to see the benefits through the early adopters.
• A centralised digital currency is something Rob and Mark agree is bad for the people, it gives the government far too much control.

BEST MOMENTS  

‘I quite enjoy getting more from less’

‘We just need to make sure we really continue that momentum as this time of year things can go really slow’

‘Entrepreneurship is a stoic thing and good for progress’

‘I choose to focus on the upside of it [AI], not just the downside and all the doom’

‘Anything that gives them [The Government] more control I don’t like’

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

Mark Homer goes joins GB news to answer the question, is Britain full? Mark shares his own experiences of the property market and volume in his current city of Peterborough and also how he sees the current crisis ending.

KEY TAKEAWAYS 

• We simply aren’t meeting the house-building target needed to match migration. With planning regulations as they are this won’t be changing any time soon.
• The housing crisis will continue to get worse until the breaking point where the government will have to relax planning regulations, build more social housing and reduce taxation for housing landlords.

BEST MOMENTS  

‘Are we building enough to accommodate the people we are allowing in?’

‘It’s going to keep on getting worse until there are some major changes made to the planning systems’

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

Ex-MP Simon Danczuk joins Mark to share his many political views and in-depth knowledge of the system and the people of the UK. He talks about his days as an MP including exposing the Rochdale grooming gang and Cyril Smith, about his business background, immigration, the private rent sector and housing and the lack of leadership in parliament.

KEY TAKEAWAYS 

• At just age 15, Simon knew he wanted to become an MP and eventually became a counsellor at 27.
• Simon formed his own business and stepped down from being a counsellor. But once he hit 40 he decided to get into politics again and became an MP for Rochdale in 2010.
• Some of Simon’s experience from being a counsellor, allowed him to win clients for his agency because he understood a lot of the context and detail.
• You can’t have a flexible labour force if you don’t have enough rentals and housing for people to easily move.
• What politics has been lacking is strategy and vision which we are seeing the real impact of now.
• There’s a big economic event every ten years but the issue at the moment is that the media is particularly good at fear-mongering which has a large impact on the collective feeling of the country.
• There are 23 million working-age people in the UK that are economically inactive. We need to really incentivise these people to start working.

BEST MOMENTS  

‘I get a lot of satisfaction from solving people's problems and coming up with solutions”

“People still like to buy their home but rental is still crucial”

“Rents have doubled since 2016 because they have reduced the amount of rental properties”

“Surely you can incentivise people to go back to work”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

Mark talks to Nigel Farage on GB news about the difficulties of rent and housing in his local town of Peterborough, demonstrating a microcosm of what is happening across the country. Mark outlines the need for changes in regulation to drastically disrupt the current supply issues the UK is facing in housing.

KEY TAKEAWAYS 

• Rents have almost doubled since 2016, a lot of this is population pressure as well as landlords exiting the sector due to the Section 21 regulation
• Peterborough is the cheapest place within 75 miles of London and that is one of the causes of the drastic population increase
• Changes to planning need to happen to make it easier to build houses
• The government needs to create incentives for landlords, this creates choice, promotes quality and keeps prices down

BEST MOMENTS  

‘The property here is exploding, where is everybody going to live, what’s it going to cost them and what’s the government doing about it’

‘The supply of rental properties is contracting as more and more people come in the country wanting to rent’

‘Those rental increases here in Peterborough are shocking’

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

CLASH OF THE TITANS - Go To moorevleeds.com to find out more

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let

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The renters' reform bill was entered into parliament in May 2023, in this episode Kev, Mark and Kieran discuss their thoughts, including the upsides and downsides as well as how landlords and developers can make it work for them.

KEY TAKEAWAYS 

• The new bill will get rid of section 21, which is a 2-month eviction notice that can be served without grounds.
• The announcement of this bill is accelerating the mass exodus of landlords.
• It’s important to read into the bill yourself and not just look at headlines and rumours.
• There will always be tenants and therefore opportunities for landlords to make money but it might mean an increase in rent for many.
• Whilst changes by government are often called reforms, Kieran believes there are a whole host of things in the past that have made things worse for both tenants and landlords including epc criteria and the inability to offset interest.
• If legitimate landlords are having to charge more because of new legislation then those who can’t afford rent will instead look to rogue landlords.
• The bill talks about changes to allowing pets but it actually may put landlords in a better position as it states that insurance by the tenant will need to be bought to cover damage.
• It’s not just landlords that ask tenants to leave, tenants often want to leave after shorts amount of time too.
• Ultimately cost will be going up for both landlords and tenants as a result of this bill.

BEST MOMENTS  

“None of this is set in stone there are potentially things that could be changed”

“There are laws in this country that protect tenants”

“Landlords will just have to get better at using the section 8”

“A buy to let landlord will only be there if they can make money”

“All of this stuff can be used as an opportunity”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

CLASH OF THE TITANS - Go To moorevleeds.com to find out more

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

CLASH OF THE TITANS - Go To moorevleeds.com to find out more

How high could interest rates go, whether to invest in property right now and what a 100% mortgage is are just some of the questions Mark answers in this Q&A episode of Mark My Words.

KEY TAKEAWAYS 

• The UK is behind the curve, the EU is still putting interest rates up currently and it’s predicted we will still have some small rises in interest.
• Inflation is higher in the UK than in the EU and US due to our reliance on gas, labour supply shock from covid lockdowns and food price increases.
• Government debt is set to rise still and is continuing to impact growth.
• House prices are still falling but at a slower rate.
• There are opportunities to add to your property portfolio right now, there are always good deals available.
• Pay off student debt as soon as you can but not at the detriment of owning a property and career progression.

BEST MOMENTS  

‘Inflation is the primary consideration when setting interest rates’

‘Inflation will start to fall slightly, it’s already baked into the numbers’

‘House price falls are starting to slow and the market is beginning to stabilise’

‘Variable rates aren’t always a bad thing’

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

Mark answers some of the most asked questions he is getting at the moment including why yes now is a good time to invest in buy to lets, why interest rates will be dropping and why some debt can be good.

KEY TAKEAWAYS 

• Being debt free isn’t always the best option, it can be worth investing money into property rather than paying off your mortgage
• Inflation will be paying your debt down, including your mortgage debt.
• The government haven’t helped tenants, landlords are selling up meaning less supply and so prices have increased.
• Mark suspects interest rates will drop in the next few years.

BEST MOMENTS  

‘There are less landlords coming into the market and that’s pushing rents higher and higher’

‘Prices have fallen and there are still some deals out there’

‘The IMF says the natural point of interest in the UK is way lower than we are at the moment”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/

In this episode, Mark gives an update on energy, particularly on how this will impact landlords and the property market.

KEY TAKEAWAYS 

• The government has confirmed that landlords will need to meet an EPC rating of C or better by 2028 for new and existing tenancies.
• The best ways to go from a D or an E to a C rating is by a few small changes, such as energy saving lightbulbs, adding a storage heater or adding solar panels.
• Start planning for your properties now, as the deadline gets closer EPC experts will become busier and it will be more costly for you to make the necessary changes.
• There are exemptions, particularly if it’s going to be very costly for you to improve.
• Some landlords will be selling due to this which presents investment opportunities for those who are willing to put the work and knowledge in.
• Fuel prices will start to fall this year as wholesale priced drop and alternative options become available.
• Diesel and petrol prices have dropped significantly, almost hitting pre-2020 levels. This means that electric car demand has also dropped, they aren’t as financially attractive as they were.

BEST MOMENTS 

“I think quite a few landlords are selling because of this, this could be an opportunity”

“More and more of these sources of energy are coming online now”

“I don’t think the energy cap will be needed in the same way going into 2024”

VALUABLE RESOURCES 

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a systems and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: [email protected]

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

‘Brought to you by Progressive Media’: https://progressivemedia.uk/