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The Market Right Now; WMS Housing Market Crash Ep.1
In this first episode in the mini-series looking at the question everyone is asking;
‘Is the property market going to crash?’
Shaz reviews where we are at currently, at this moment in time, sharing not only the facts but his expert opinion based on the information and data available. This is a great opportunity to not only hear the key facts in one place but also the views of someone with considerable experience and expertise in the property market.
KEY TAKEAWAYS
- According to the Nationwide ‘house prices are at an all-time high’
- September saw the biggest monthly rise in the last 16 years.
- Houses are selling really fast for asking price and above.
- The average time to sell a house currently is 27 days which indicates how quickly the market is moving.
- There are less new houses available at the moment due to the lockdown stopping work.
- You are going to have to pay higher interest if you have a smaller deposit.
- The choice of lenders for those with a 10% deposit is now far less than before COVID
- 8 million mortgage holidays were taken up.
- Stamp duty land tax is in place until the end of March 2021 and has supported and incentivised the property market
BEST MOMENTS
‘Some are nervous about buying and others have money to invest’
‘The help to buy has been extended by 2 months’
‘Things are starting to change’
VALUABLE RESOURCES
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
- YouTube.
View all episodes
By Shaz NawazIn this first episode in the mini-series looking at the question everyone is asking;
‘Is the property market going to crash?’
Shaz reviews where we are at currently, at this moment in time, sharing not only the facts but his expert opinion based on the information and data available. This is a great opportunity to not only hear the key facts in one place but also the views of someone with considerable experience and expertise in the property market.
KEY TAKEAWAYS
- According to the Nationwide ‘house prices are at an all-time high’
- September saw the biggest monthly rise in the last 16 years.
- Houses are selling really fast for asking price and above.
- The average time to sell a house currently is 27 days which indicates how quickly the market is moving.
- There are less new houses available at the moment due to the lockdown stopping work.
- You are going to have to pay higher interest if you have a smaller deposit.
- The choice of lenders for those with a 10% deposit is now far less than before COVID
- 8 million mortgage holidays were taken up.
- Stamp duty land tax is in place until the end of March 2021 and has supported and incentivised the property market
BEST MOMENTS
‘Some are nervous about buying and others have money to invest’
‘The help to buy has been extended by 2 months’
‘Things are starting to change’
VALUABLE RESOURCES
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
- YouTube.
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