More With Moreira: The Business Podcast

What Scandal?!

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From what we're listening and reading from different media when it comes with property updates, what are actual facts? And what is just blown out of proportion?  

In this episode of the More With Moreira Podcast, Desmond, your host,  encourages you to know how to differentiate a mere problem from a scandal. He reminds us to always be vigilant and fact-check everything you see on the web, on the television, etc. Check all existing arguments based on facts before we start reacting/responding. For example, in property, it’s just plain normal that increases in ground rents happen. Learn how should we be responsible and accepting with this kind of changes today when you tune in.  

KEY TAKEAWAYS 

  • Increasing ground rents – and even doubling – is bound to happen in 10, 20, 50 or in any year. It should be understood by anyone who signs a contract. Prices of a lease will change, especially in a stable economy.  
  • Some banks and lenders might reject mortgage applications. This will make it harder for you to pay for the property. It is a problem but that doesn’t mean it should be treated as a scandal. 
  • He completely disagrees that this issue should be labelled as a scandal. Stop thinking that it has been unfair to you since you already benefitted from a property’s increasing value. 
  • Every landlord has a business plan and like any entrepreneur, they aim to grow their business. And this won’t happen if they don’t keep up with the market.  

    • BEST MOMENTS 

    • “Obviously, putting a material in a building that will ineffectively burn… make and jeopardize the safety of the building… that’s a scandal.” 
    • “A clause in a contract that the buyer was happy to have in at the point of purchase is not a scandal at all..” 
    • “Everyone wants to win but no one else can win.” 
    • “Don’t just listen to the papers. Most of the time, they’re taking stories and blowing them out of proportion.” 

      • VALUABLE RESOURCES 

      • Grenfell Tower Inquiry 

        • ABOUT THE HOST 

        I don’t know how this works, but you’re here now listening (hopefully) about my exciting life, so I’m going to try and make this worth your while. I never got inspired at school, I was too busy trying to impress my peers, chasing girls, and being a fool to get inspired. I rejected school. But let me tell you something for free! That was a mistake! I spent the next 15 years in jobs I hated, with no direction, lacked purpose, and motivation for life. Yes, big words, but that was me in a box. A slave to the system! Fast forward to today, and well, I’m not sitting in my ivory tower or anything, but I love life and my career. Yeah, it’s both painful and exciting rolled and wrapped up into one giant subway, and who doesn’t love subway rite? The point is, you only get one life, don’t waste it pursuing things you care nothing for, invest in YOURSELF and grow as a person, be the best YOU by putting YOU first!  

        CONTACT METHOD 

        • Website: http://desmondmoreira.co.uk 
          • YouTube Channel: https://www.youtube.com/channel/UCo6eVOt1YEQD0dxNkRXevVg/featured 
          • Twitter: https://twitter.com/Desmondmoreira 
          • Instagram: https://www.instagram.com/desmondmoreira  

            • This show was brought to you by Progressive Media

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            More With Moreira: The Business PodcastBy Desmond Moreira