This week Dan and James discuss news regarding the latest property/housing updates as well as the latest updates from the world of mortgages and lending.

Dan looks at New Year demand for property as it hits record levels, up 50%
Link: https://www.zoopla.co.uk/discover/property-news/house-price-index-december-2021/ 

Dan also shares information about the Levelling Up White Paper 
Link: https://www.property118.com/existing-decent-homes-standard-is-not-the-right-vehicle/ 

James discusses Bank of England raises base rate to 0.5%

Link:https://www.mortgagestrategy.co.uk/news/bank-of-england-increases-the-base-rate-to-0-5/ 

James also looks at: Government reveals levelling up plan; housing high on the agenda 

Link:www.mortgagestrategy.co.uk/news/government-reveals-levelling-up-plan-housing-high-on-the-agenda/

Dan and James then talk through their property picks of the week. 

Commercial property of the week:
Property Location: River Street, Truro
Rightmove Link: https://www.rightmove.co.uk/properties/119435087#/?channel=COM_BUY 
Property Type: High st retail property 
Guide price: £270,000
Development opportunity description: 
Empty retail premises, grade 2 listed, over 3 floors in centre of Truro which could be converted and be offered to the residential market 

Residential property of the week:
Property Location: Falmouth
Rightmove Link: https://www.rightmove.co.uk/properties/119338601 
Property Type: 2 bed end of terrace 
Guide price: £125,000
Development opportunity description: Full refurbishment needed, parking space/terrace garden, would make an excellent buy to let or home for FTB. 

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