Thanks to InvestEngine for sponsoring this video: go.mattbrighton.co.uk/investengine
@matthewthompson8058
8 ай бұрын
this is a pyramid scheme
@Scottweeier846
2 ай бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Natalie Strayer.
@Josephbasta827
2 ай бұрын
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
@Nguyenvictory83
2 ай бұрын
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
@DaveCulbertson
2 ай бұрын
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
@Rodriguezpaul-9
2 ай бұрын
I'm new at this, please how can I reach her?
@AmandaStewart0908
2 ай бұрын
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.
@manjeetgill1
9 ай бұрын
The best time to buy a house is always 5yrs ago
@thereeceforbes
6 ай бұрын
Lucky I was in that bracket then been a home owner last 6 7 yrs
@chrisemmett2275
5 ай бұрын
😂
@abcxyz3028
5 ай бұрын
Yep...The old houses in my area 3miles from city centre are up about £50k to £70k and most are snapped up quickly..next door neighbour less than a week and sold stc. Even the rental are up by £300-£500.
@paulsmith1035
9 ай бұрын
Anybody hoping for a crash like 2008/09 will be disappointed as there is a small correction going on currently. The big issue is that the wealthy class of society are currently earning higher interest on their savings. When interest rates start to drop they will buy more assets e.g houses and demand will drive up prices again I’m afraid. Until housebuilders are regulated properly and planning policy’s reformed to build enough houses then the market will ultimately & depressingly get worse for mortgaged buyers.
@Vroomfondle1066
8 ай бұрын
Gary Stevenson fan?
@tayibahussain
8 ай бұрын
So basically we are fucced either way. Great
@Happy-Me.
8 ай бұрын
This country is becoming a joke. We don't make anything anymore and have been a retail country for years. The time when two salaries were needed to buy a house at a time when the average length of a marriage in this country is 7 to 11 years is when it began to go wrong. We could create more housing and give people more jobs but those in parliament have way too much of a vested interest in inflated housing. Disgusting!
@Vroomfondle1066
8 ай бұрын
Vote the bastards out and pressure Labour to enact radical investment in the UK. Stop subsidising the rich - start investing in the ppor - shore up the middle. @@Happy-Me.
@DeadlyDizzle-yn1vz
8 ай бұрын
This comment is a huge piece of misinformation. Interest rates are high for borrowing money, not for savers. The banks are not giving extra money away. This is the reason business owners, like myself and landlords, like myself are up in arms. The banks are robbing us twice, their profits are breaking records because they charge extortionate amounts to borrow money, and your money is shrinking as a result of inflation so keeping it in the bank is pointless for most. Most of the accounts with access to the best savings are from private banks and equity management specialists but be prepared for exorbitant fees. At the minute, cash buyers are having a great time in picking up properties for slightly below value. As the market picks up again, which it will over the next 6-18 months or so due to gearing for elections and inflation management, we’ll see demand for properties increase because interest rates for lending will reduce marginally. This will see a steady stream of home buyers enter the market again so those who bought property for lower cost will see the returns. If you’re not a cash buyer right now who can achieve at least 6% net yield to counter inflation, you’re in a pickle. It’s time to find other investment options with similar returns but there aren’t many that are truly safe or accessible.
@t28mcd
8 ай бұрын
Estate agents overvaluing properties is a big part of the problem.
@kevinsyd2012
8 ай бұрын
As an estate agent we do not receive commission until a property is sold, so we need to sell. The problem is that home owners do not accept our valuations and always cite examples of neighbours who sold at such and such price two years ago and they want that as a minimum starting price. We try to talk them down but if we push too hard they will just look around for another agent who will agree to their unrealistic price. We have many properties on the books that have not even been viewed in person for 6 months and the sellers still do not want to adjust their prices.
@BAmalakas
7 ай бұрын
@@kevinsyd2012 so sellers only pay the commission on the sale? nothing else?
@siska6a
7 ай бұрын
@@BAmalakas correct, estate agents do not get paid until the property transaction is completed and nothing else before that
@ary6039
5 ай бұрын
@@kevinsyd2012this is a big problem. Why do people have to dig themselves a pit just to have your salary. This shouldn't be a business. Govt. Should scrap housing as a business. This is basic need of shelter
@kevinsyd2012
5 ай бұрын
@@ary6039 It's a free market that the government should not mess with. The core problem is the UK's obsession with home ownership
@missdiamar3897
8 ай бұрын
If you pay rent.. any purchase of a mid priced house will be beneficial. At least you'll gain some equity by the end of your fixed term. With rental - you just waste £12k-£24k per year paying someone else's mortgage.. 🤷🏻♀️ There's so many variables to think of.. but if you want to buy, just buy..
@oscardolloway1885
8 ай бұрын
but if rent is cheap you can continue to save for a better house whilst waiting for interest rates to come down
@boombustinvest
8 ай бұрын
Maybe, but mortgage interest is also "dead money" The stock market outstrips housing easily over time. Investments can build up and you can then buy with a reduced mortgage or no mortgage at all.
@dlc2479
8 ай бұрын
This is very I'll informed. Do you know how to calculate the true profit on a property? You need to do sale/ current price - purchase price - ALL maintainence, reno, stamp duty, interest, transaction fees, insurance & other owning related fees... In my current flat, I'd be £1k worse off per month...that's £1k that I can invest in the stock market that returns 10% pa instead of 3% that UK property returns.. In exchange for being £1k better off and benefitting from compound growth on that money, I'll glad pay off someone else's mortgage and get a lovely flat to live in, in a wonderful area
@Rowlph8888
8 ай бұрын
There are other payments involve when taking out a mortgage that you don't hav Renting
@JamesSmith-cm7sg
8 ай бұрын
Incorrect I'm afraid. A large part of the mortgage payment is interest that will often match or exceed rental prices. A mortgage just means you're paying much more money out which could be saved.
@Silo9001
9 ай бұрын
Estate agents are useless
@chrishardy3473
9 ай бұрын
How so? Love to see you try and sell your own house ya whopper 😂😂
@Silo9001
9 ай бұрын
@@chrishardy3473 Houses will be sold with any estate agents, not because the agent is clever but because there's someone out there (buyer) who needs the house. I have never asked a question and the estate agent gave me the answer straight away, they just advertise the houses to be sold and rarely when they do their homework. They are money collectors 😄 Actually my intention is to sell my house myself and will do this easily. Also recruitment agencies are the same, useless and have no clue about the role they advertise, and all they do is advertise the role and send CVs to the employer and most of the time they send funny CVs that are irrelevant to the role. One day there will be a new platform that will eliminate the middle man.
@jimbojimbo6873
9 ай бұрын
Hopefully someone creates a standardised tech service where people can advertise their properties and negotiate with buyers directly. With the intermediary software producing the contracts etc. Having ‘real estate agents’ is a waste of time and money.
@macy8993
8 ай бұрын
@@chrishardy3473houses sell themselves
@missdiamar3897
8 ай бұрын
@@chrishardy3473 their plans are not true, area sizes often overestimated. No information on "specs" of the house.. fixtures, fittings.. overall very relaxed approach. People get more spec information when buying a second hand bicycle, than they do when shopping for a house.. As stated in the video - no skill has been required to sell the house in recent years.. that's because the market has been so hot. As someone who was looking for a house in that time, I found it surprising how disengaged agents have become.. they know it'll go anyway, so why waste the effort - next!
@Ruffest
9 ай бұрын
I bought my house this year moving out of rented. 205k got a 4.5% and the house next door to me was for rent at the same cost as my mortgage. Rent will always prop up house prices. There's 1 property to rent in my village now.
@grzesiekniemogecipowiedzie7142
8 ай бұрын
Congratulations on your purchase, I got mine during COVID dip where everyone were saying we gonna have a crash as well, people are delusional willing to pay thousands for a number on a computer screen (bitcoin) because its increase in price but when real goods that provide utility do increase in price then it should go down despite the fact there is a large undersupply every year
@fishing-gardening-travelling
8 ай бұрын
In my town they're building thousands of flats. I hate flats myself.
@JuanCesarVillalba
8 ай бұрын
Hi where is that ?@@fishing-gardening-travelling
@Eddie-t83
8 ай бұрын
In my experience it’s never a good or bad time to buy a house, just get on the ladder when you can.
@marcoaguiar3226
8 ай бұрын
I think you should wait for 3d printed houses of under 50k
@AyrtonsLoafers
4 ай бұрын
Won’t happen mate. They have a choice, pass the saving on or increasing their margins. It’s the same with EVs now, they cost less to manufacture than proper cars but they charge more! Mainly because of all the grants & tax breaks but that won’t last forever. They have to be forced to sell them at a fair price.
@marcoaguiar3226
4 ай бұрын
@@AyrtonsLoafers shame
@logwhitley
4 ай бұрын
Maybe they can 3D print the land too
@DanRobards
8 ай бұрын
I have £15k saved. £24k salary. Live on the south coast (with the parents fortunately). I have no choice but to wait. When I do buy I'll still have to move at least 50mi from my family to get anything affordable.
@fredmercury1314
8 ай бұрын
Perhaps you need to vote for a political party that will get a sensible handle on mass immigration.
@DanRobards
8 ай бұрын
@@fredmercury1314 They've been saying they'll cut it for a decade and it only increases year on year 😭😭
@jamiewalkerdine3705
8 ай бұрын
@@fredmercury1314 predatory multinationals*
@quillo2747
8 ай бұрын
Thank the tories for record high immigration. 700k net new people last year who all need to live sonewhere.
@fredmercury1314
8 ай бұрын
@@quillo2747No: Thank all the politicians and unelected civil servants. If you think 700k was a record, wait until we have a Labour gov... lol
@MarlonKingShow
8 ай бұрын
Agreed, estate agents know very little, seems supply and demand means they can take a huge cut for doing very little. Most in South East are charging £6k+ for selling fee then some asking for additional 10% for sales above asking price and some then saying that price didn't include vat. Its a joke, for doing very little
@grzesiekniemogecipowiedzie7142
8 ай бұрын
10% for sales above asking price seems somewhat reasonable, if they get e.g. fixed fee they are incentivied to sell as soon as possible even if next ther may be someone to largely outbid the offer and for a seller Usually it is worth to wait one more day for 5k pounds isn't it?
@MarlonKingShow
8 ай бұрын
@grzesiekniemogecipowiedzie7142 sorry if I wasn't clear. That is at least their £6-8k fee plus 10% for anything over asking price. The percentages like 1.5% may have made sense when houses were 100-250 in price but now they are 400+ estate agents are getting greedy
@kevinsyd2012
8 ай бұрын
I sold last year in Kent for 1.5% commission plus VAT. What's wrong with that?
@MarlonKingShow
8 ай бұрын
@kevinsyd2012 means as house market has gone up 20-30% so has their fee, given they do very little, sometimes don't even show around the house. It's an extra big chunk of change spent and as with stamp duty, you pay more for no reason. So much wasted money to move
@kevinsyd2012
8 ай бұрын
@@MarlonKingShow You clearly have a chip on your shoulder. I'm happy to pay for good service, and if you don't want to pay stamp duty then don't buy a property. If you don't want to pay tax then don't work, if you don't want to pay VAT then don't buy anything etc etc...!
@djnorthmore
8 ай бұрын
I’m so glad I done a 5 year fixed in 2021 at a mad 1.49%. Fingers crossed by the time it’s due it’ll come down.
@matthewthompson8058
8 ай бұрын
sure dude it will come down to 4.9%
@Natta44
8 ай бұрын
Make sure you are overpaying your mortgage payments. You will never get a rate that low ever again most likely.
@HermanWillems
8 ай бұрын
glad? only 5 year fixed LOL why not 30 year. After 5 year you will see a massive increase in payment.
@Jim90117
7 ай бұрын
@@HermanWillems Very few lenders in the UK offer 30 year fixed rates, it's not like the US
@Natta44
8 ай бұрын
When i was looking for a house in 2020-2022 which was the pinnicle of the crazy house boom, estate agents were so rude, treated you like a number and the agents who showed me round were agency workers who knew nothing aboit the house and had a sheet of paper. It was an awful time. I finally got my house at end of 2022 (the worst time i know) but i compromised on area and size and payed a higher interest rate but i budgeted this in as i out a higher deposit down. Theres never a perfect time to buy, becayse those who bought 350-400k houses on a 2% rate mortgage meant massive hikes in payments after their fixes ran out! Just save save save and be reasonable and never overpay! Houses are still in demand, so there won't be a crash because people still need a decent place to live and raise a family. City apartments aren't feasible or secure.
@Clauds71
8 ай бұрын
So true 😊
@DeadlyDizzle-yn1vz
8 ай бұрын
This is not true. You bought your house at the worst time, in the peak of interest rate rises, in poor lending options, for more than you could’ve bought it for previously, how are you giving advice? I agree there’s never a ‘perfect time’ to buy and also in that demand will continue to prop up house prices (I’m a property investment consultant and we say the same). However, for the same reason city centre apartments are feasible and really the only logical answer because they are built to suit the same demand you have acknowledged is fuelling prices.
@TJDenmead
9 ай бұрын
Great video, for anyone concerned about remortgage rates, Mortgages are not 6% anymore, they have been coming down weekly for about 4 months now, majority can remortgage to a fixed rate of at around 4.5% now :)
@MattBrighton
9 ай бұрын
With a large product fee that increases APRC to 7 - 8%
@yogig6271
8 ай бұрын
Rates between 4.6-8% for next 5-10 years 😢
@SilverWong-yo5iu
8 ай бұрын
Yeah, product fee fools people.
@HermanWillems
8 ай бұрын
Netherlands they are at 3.6% already and still going down.
@yogig6271
8 ай бұрын
@@HermanWillems everything I view in Netherlands says from 4.5-5% you have access to a "special lender" :)
@mumihp
8 ай бұрын
We are in the process of buying. We got the house for a great price. On the same road... A another house Sold for £50k more, but the sellers had to reduce the house. We secured a rate on 4.97%, interest rates is falling and we are buying now as we have avoided getting into a bidding war. While the interest rates are high, it atleast prevents bidding wars I have seen. People can wait for the market to crash but can't see that happening....
@Plemmonsscott
8 ай бұрын
The industry has driven tax too high for most. The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on the govt.
@Nicholas.Durante
8 ай бұрын
Especially with the current economic crisis around the word. This is still a good time to invest in Gold, silver and digital currencies(BTC, ETH, XRP……
@GreggVElrod
8 ай бұрын
I see your point some people have the money and are willing to invest, the question is where to.
@Nicholas.Durante
8 ай бұрын
I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 1.5million
@GreggVElrod
8 ай бұрын
@@Nicholas.Durante Do you have a recommended advisor?
@ApexCypher_
9 ай бұрын
Did he say the FCA were giving banks a hard time? 🤣🤣🤣 The people who work at the FCA used to work at banks and vice versa. It’s a cartel. 🤣🤣🤣
@BeeChomper
8 ай бұрын
As long as you can deal with the monthly mortgage payments, buy now. Interest rates will fall back down to close to pre-pandemic levels and house prices will increase aggressively in line with that fall, as the rich move their COVID savings from savings accounts into real assets. House prices likely won't ever fall as long as financial inequality within societies continues to increase
@James_08_07
8 ай бұрын
They have already fallen a lot in real terms. Those who bought after 2016 have on average lost money in real terms.
@BeeChomper
8 ай бұрын
Well yeah, in real terms, house prices peaked in 2007 lol, but there's no reasonable way to escape inflation beyond chucking all of your savings into decent index funds. Plus, when you deduct your rent minus relative mortgage interest payments from your stock gains, you may still have been better off just buying a property. It's dependent on how much capital you have to invest in the first place obviously, but given that the average level of individual cash savings in the UK is less than £20k, I think getting on the property ladder is still the smartest move for most people.
@kevinsyd2012
8 ай бұрын
@beechomper: 5 million people can 'deal with' their current fixed rate mortgage but they will be in for a shock when they need to re-mortgage during the next two years as interest rates will not fall through 2024.
@BeeChomper
8 ай бұрын
@@kevinsyd2012 yeah agreed, didnt consider it in my original comment but the red sea crisis impact on shipping routes will likely cause another wave of inflation.
@user-qy1rk3jd5v
3 ай бұрын
Interest rates will not go back to pre pandemic levels look at the longer term. If they reduce rates inflation will shoot up. 3-4% will be the new norm.
@stephenllewekyn706
5 ай бұрын
Thing is, the longer you wait things maybe get better yes. But then so does the competition. Where you potentially end up in bidding wars. Get in now ride the 2 year fixed rate and then see where we are.
@davidowen2859
8 ай бұрын
House prices will rise significantly over the next five years for definite! How can i know this? Because i build the bloody things. New building regs including heat pumps, solar etc mean our build cost are up by 22% over the last 18 months. The worst part of the regs is the increased labour cost because the clowns in charge have never built a house and just dont understand the mechanics of things like full fill cavity rigid insulation. If new builds increase the used market will follow. Just try asking a self build wannabe how much they are quoted for their project. Add in the land cost and self build has all but disappeared. The only way is up.
@jimbobarooney2861
8 ай бұрын
Don't disagree with the increased costs, I don't know how long you are building, back below the GFC particularly 2002-06, the cost of land, labour and materials skyrocketed, and then a crash. The costs never came down then either it was just nothing was built for a number of years
@davidowen2859
8 ай бұрын
@@jimbobarooney2861 Agreed very rarely do any of our costs come down. Been building all my life but new houses since 1990. I've seen the end of the world profecied numerous times but we just keep rolling on. Have done since the first cave man dug out his own cave then became a builder developer.
@quillo2747
8 ай бұрын
Dont forget the massive demand increase for housing from 1 million immigrants a year.
@happy2learnandgrow
7 ай бұрын
So just say NO
@Dublinireland5
8 ай бұрын
People was content years ago with a council tendency these get rich quick schemes don't always pay off private landlords have a bad name 50% tax on private landlords
@TheAl2kas
8 ай бұрын
Me and my girlfriend work full time and we cant afford anything decent
@denysemacnamara3043
6 ай бұрын
Not at the moment maybe but the market is falling apart the cracks are obvious just hang on and dont be fooled into buying a ridiculously expensive house at the moment. Wait.
@nishnosh
9 ай бұрын
Great video, Matt! I'm bolstering my finances and viewing the market as you mentioned at the end of the video - waiting for the right house that I like and then I'll pull the trigger!!
@MattBrighton
9 ай бұрын
Love it - if you're there for the long term and don't go silly with the bid
@Clauds71
8 ай бұрын
Good luck 😊
@Jim90117
7 ай бұрын
I suppose you could say me and my wife are one of the lucky ones, we fixed at 1.95% in November 2020 for 5 years so we still have just under 2 years left, not to mention our house has appreciated by a significant amount. Currently building up extra money for 2 massive over payments this year and next financial year (penalty free) which should see our LTV drop to about 40% at which point any and all increase in interest rates will be nullified. With both our salaries rising in very secure jobs I don't expect our mortage to exist by 2030. We know this is a large amount of luck on our part but we had planned on having the mortgage gone from overpayments since 2018 when we decided to save up an enormous deposit.
@gm2407
3 ай бұрын
That is the way to do it. I wish you well on being Mortgage free within 10 years of purchase. Your timing worked out well.
@traderbehaviour
8 ай бұрын
the biggest key factor here is rich people are still buying up properties in cash from all the money they made in 2020/2021....also banks are now buying up most of the properties so interest rates will remain high and property prices will skyrocket over the next 2 years. MARK IT!!
@jackwalpole9309
6 ай бұрын
You also need to consider the fact that while house prices have remained somewhat flat in the last couple of years (in nominal terms), when adjusting for the high levels of inflation, the prices of houses have fallen substantially. Approximately to pre 2007 financial crash levels. As such, I personally think now is a very good time to buy before reduced interest rates inevitably drive prices up again
@katec9893
7 ай бұрын
This is very helpful thanks. I'm just getting my head around all of this stuff and it can feel overwhelming at times. I too noticed Estate Agents knowing nothing about properties I viewed, they almost shrugged their shoulders whilst vaguely saying they could maybe find out, it was weird because I'd want to know everything about a property before buying it.
@jamesschofield9963
8 ай бұрын
best common sense video for current housing situation
@jmc6687
6 ай бұрын
You can either buy and long term the investment will go up, or you can rent and buy the house for someone else,
@xxx-gp2sx
9 ай бұрын
I bought a house recently for £330 not far from London and full renovation is required. I came from different country. Of my experience I can tell you comparing UK and my origin country is not so perfect accurate as different economy etc but don’t expect big fall in house price . In my origin country at least 50 procent of people can’t afford even surviving cost but property prices still go up every year becoming only a dream for people. This is main asset for people and necessary to live and specially in UK where is overpopulation I don’t expect big fall specially also in busy areas, if you are buying for yourself for long term as long you can afford your mortgage for next 5 years don’t wait, buy now . Cheers
@fredmercury1314
8 ай бұрын
We can't expect a big fall in house prices because people from a different country keep coming here and buying houses.
@anitamajeed4151
8 ай бұрын
@@fredmercury1314 😅
@marinapanou2548
8 ай бұрын
@@fredmercury1314😂😂😂
@xmanxxx2000
8 ай бұрын
Same British raised house market all over Europe now is become expensive UK and Europe too.
@dallysinghson5569
6 ай бұрын
@@fredmercury1314 What's to stop Brits from buying houses abroad?
@Flaggyt
4 ай бұрын
If you can handle higher mortgage interest rates wait for 2025. Probably house prices will be a bit lower because of the higher rates this and (probably) next year. If you can get a mortgage now and pay of you mortgage fairly easy, just buy now and have a fixed (lower) interest rate for 30 years. Or inflation goes down and they start lowering the interest rates again. Who knows. 🤷
@adamlee2550
8 ай бұрын
Buying a house today, so it's too late for me boys. I will say a mortgage advisor for first time buyers is a very helpful thing, at least mine was. My solicitors have been garbage though, failing to tell me the most basic facts and leading to unnecessary delays that have almost left me homeless. I would recommend doing more research than I did, when I found out that the director of my solicitors works from home I was mortified, but it was much too late to switch.
@Clauds71
8 ай бұрын
This is so helpful, thanks Matt 👍
@dizzydaydream9647
8 ай бұрын
I question whether my estate agent has more loyalty to the buyers than us as their client, who will be paying their exorbitant fixed fee if our house ever sells. All they seem bothered about is getting a sale regardless of how much we are happy to sell it for…I’m not desperate to move and am not giving my home away but my estate agent just doesn’t want you to accept it!
@douglassmith215
8 ай бұрын
We had that as well, same with car sales. No shame in people knowing Nothing basic about the expensive items they are selling and not getting back to you with answers to questions. I’d be sacked if I did that in my job!!!!
@kubhlaikhan2015
4 ай бұрын
I've been looking for a year. It's very clear that far too many house owners have invested in structural improvements in hope of selling at a profit. Unfortunately, so many properties are now maxxed out in their potential they are too expensive, with nothing left for poorer buyers or buyers expecting to flip. In my opinion, this trend is the fault of property developers who borrow too much money and consequently can't sell (or rent) at a fair or affordable price. It should be ILLEGAL to buy surplus properties using borrowed finance. You can't fix the property market until you kick all the usurers OUT.
@nafizhaq4554
8 ай бұрын
5-6% is the real rate! Goodbye to low rate mortgages! It will be now impossible to buy a house for new generations!
@ilikelampshades6
7 ай бұрын
Nurses have lost 25% of their salary since 2020. We also haven't had a single payrise since 2008 in line with inflation. Doctors and nurses need huge payrises of 30+%
@iancoles1349
9 ай бұрын
I'd wait 10 years If still around by then.
@mariaelenagarciagroves2364
4 ай бұрын
I see lots of houses for sale in auction. That’s a good idea at all ?
@pincermovement72
8 ай бұрын
All depends on immigration, so as our government and next want to sink Britain prices may dip slightly temporarily but simple supply and demand will always determine prices .
@DanRobards
8 ай бұрын
We all know that wont stop
@fernandoraymond
9 ай бұрын
Good tips!
@whatsmining9917
8 ай бұрын
My 1.7% 5 year fixed ends in mid 25 I'm hoping it's comes down 😢
@Jaaammmbbbooo
8 ай бұрын
I listen to your videos on 1.25x as you're very slow. AT 1.25x you sound normal
@UmerPKgrw
8 ай бұрын
The question is how much dip would be by the 2024?
@jameshr107
8 ай бұрын
Remember if you’re locking in a new rate you can choose a new rate at any time!
@Vroomfondle1066
8 ай бұрын
Sunak is a bell-end.
@keith9999hkhk
8 ай бұрын
Not every Estate agent is professional
@prrrakrrra
8 ай бұрын
Who is currently able to afford buying a house? Where are you getting the money?
@DowntownR
4 ай бұрын
Nothing huge! they are down 11% in real terms. The days of making profit on houses is over for a very long time
@DowntownR
4 ай бұрын
Houses are overpriced. House prices will decay for a decade. Terrible investment and use of capital.
@zoomed66
4 ай бұрын
The house is not yours until you have paid it off. You are renting the house off the mortgage lender until it is.
@comicbossone2411
6 ай бұрын
Wait! 💯 wait.
@pausereflect5911
8 ай бұрын
I suggest any one looking to buy a home/investment check out GarysEconomics channel on YT to understand how the property market prices will trend upwards. He's amazing and he is English so he's talking to us! It'll be worth your time to understand property in the broader geopolitical and economics. ❤❤
@bluceree7312
8 ай бұрын
The government pumped £450 billion in quantitative easing. Until this money is taken from the market and sunk into something else, like government investments in social hosing, renewable project, or even HS2, etc. this money will keep propping up inflation for the foreseeable future. Its time for wealth redistribution. Tax the rich to save them from themselves.
@pyrosdestiny
8 ай бұрын
House prices are outrageous,people need to wake up and smell the coffee.
@TorxyElboo
8 ай бұрын
I am in minus
@Sabina-lo8fv
8 ай бұрын
Seriously buy a house in uk, are you mad?? This country is not fit for purpose!!! British taxpayers are emigrating to other countries!!!
@JEARICK.
8 ай бұрын
Discovered your KZitem channel and thoroughly enjoyed your content! I'm interested in connecting and exploring potential opportunities. Would you prefer a direct message, or is it more suitable to reach out via business email?
@mattmatt13484
8 ай бұрын
Should you buy a house now or wait till 2022,2023,2025 etc. BS .. buy a house whenever you have the opportunity. Market will not crash, houses are still an asset and at a high demand and will be for many years to come.
@craigbarnett9489
8 ай бұрын
Don’t buy a house now. I’m struggling to pay for the one I’ve owned for 15 years.
@jojoy1191
8 ай бұрын
Struggling here too! But could never afford to rent now either
@MFG2738
8 ай бұрын
Huge crash is on the cards
@jjefferyworboys8138
8 ай бұрын
You couldn't be more wrong. Have you brought any building materials recently ?
@MFG2738
8 ай бұрын
@@jjefferyworboys8138 have you bought land lately? Doctors are struggling to get more than £14 a hour Where is the demand going to come from for new buyers for family homes. Really think about it. I have no bias or emotion in this and I am no longer living in the uk so my view is indifferent and not emotionally driven.
@Randompancakes12345
8 ай бұрын
@@MFG2738wish you were right but I can't see it happening, there'll always be demand.
@ryuhoshi2256
8 ай бұрын
@@MFG2738they are trainee doctors. Effectively Students not qualified Doctors. Stop watching the BBC to get your news.
@zafarBaccha
8 ай бұрын
Government lead million of people to the country that has a housing crisis i one of them 😂
@leonak7654
8 ай бұрын
I'm feeling sorry for the british people: they think buying a house is the best investment they can do lol
@dlc2479
8 ай бұрын
I know! It's sad
@anthonymichaelwilson8401
8 ай бұрын
The problem is Sunak spending 3.50 billion on the UKRAINE lol 😂
@Hascienda27
4 ай бұрын
"Should you buy A house ? Or wait until you're old and pissing in the bed so you can move to A nursing Home ?"
@habsishpeeweed6562
8 ай бұрын
If you waited to the best time you would never own a house.
@Agent007mw3
8 ай бұрын
Dont buy ,pay double on rent ? 😂😂😂 nonsense i better get a mortgage
@Straightshooterx71x
8 ай бұрын
Don't buy, stay with mom an dad and enjoy a debt free life ❤
@jjefferyworboys8138
8 ай бұрын
As long as you wish to remain single that makes sense up to a point. When you are 40 and living at home with your parents, it does make you seem rather sad.
@Straightshooterx71x
8 ай бұрын
@@jjefferyworboys8138 debt free, very happy 😁
@davem.4003
8 ай бұрын
Mom and dad just changed the locks! Big hint!
@fredmercury1314
8 ай бұрын
@@jjefferyworboys8138You know, a few years ago married couples lived with their parents and grand parents. A whole nuclear family in one dwelling. This "move out get married buy a house" lifestyle has not been around for very long.
@MindMazeRiddles1
8 ай бұрын
Why the hell would you buy a house when the whole British economy is going to collapse lol 😂
@przemeknowak2905
8 ай бұрын
400k migrants a year ,they need to live somewhere ,think in 2025 prices will rise again
@ryuhoshi2256
8 ай бұрын
Wrong. 2.5m migrants enter the UK every year. Whereas 1.5m people leave every year - net on net we are around 1m net migration. The governments figures of 750k is so low estimate.
@azizrahman9496
3 ай бұрын
The election wasn't announced 5 months ago!! Like this upload unless this muppet is fishy rishies wife's cousin
@SanTa-wk4ld
9 ай бұрын
Matt are you single?
@Motivatedpeoplezz
9 ай бұрын
No
@SanTa-wk4ld
9 ай бұрын
@AdilKhan_ thanks. That has just ruined my night entirely 🤣
@Motivatedpeoplezz
9 ай бұрын
@@SanTa-wk4ld 🤣
@panditf
8 ай бұрын
Half baked commentary
@cockapockets
8 ай бұрын
Best way to do it is save as much as you can as quick as you can and buy a simple 1/2/3 bed house outright and don't pay the shits any interest !
@gaspode505
9 ай бұрын
Inflation falling 😂 go to shop and check prices 10-20 % up every 6 months
@CCP_Operative
4 ай бұрын
A fall in inflation is still a rise in prices.
@gm2407
3 ай бұрын
Negative inflation is something you will not see without some very strange circumstances.
@dtz1000
8 ай бұрын
Garys economics youtube channel thinks house prices are going to shoot up as soon as interest rates start falling. He makes good arguments for it.
@DeadlyDizzle-yn1vz
8 ай бұрын
He’s not wrong, I work in the property investment sector and we’re preparing for a great period as prices shoot in the next 12-18 months.
@Jim90117
7 ай бұрын
Interest rates dropping increases accessibility and boosts demand so, it does make sense.
@TheOmarTech
9 ай бұрын
Been waiting to hear from you! All the best for the new year, hopefully you can keep making content
@MattBrighton
9 ай бұрын
Thanks! Very busy with the renovation and other bits, have a few filmed and just not edited!
@AlinaMalaescu
8 ай бұрын
Same here, been looking for your videos a few times. All the best with the reno and balancing the time for your yt channel (a bit selfish with this wish😊)
@gamewithadam7235
8 ай бұрын
Why doesn't the government just buy people who can't afford a house a reasonably priced house, and in return they can just increase your taxes long term? Uni students literally have to pay 3% extra taxes. Just do this but for houses. Put the increased tax rate to a reasonable level that evens out over people's lives. And no fear of being kicked out as well.
@quillo2747
8 ай бұрын
The government is broke as it is. If the government started buying up housing stock it would spiral prices even higher. The government cant fill in potholes, why on earth would you think they can manage housing stock. Council owned houses exist, and they are overwhelmingly given to immigrants over uk citizens.
@ivermektin6874
9 ай бұрын
New builds are a no go so expect to spend tens of thousands modernising any house you do buy.
@fredmercury1314
8 ай бұрын
Which you can do over the period of your 30-year mortgage.
@ivermektin6874
8 ай бұрын
@@fredmercury1314 I think heating and insulation you would want to do in the first year and even better, before you move in.
@funkb0x
7 ай бұрын
Some people are waiting for affordable houses to be built or thinking of moving out of rip off Britain. Wages have increased, but so has the cost of everything else. If wages increased the same as utilities, we would all likely build our own homes with the extra cash. The current matchboxes are not worthy.
@johnholkham2420
9 ай бұрын
Obviously houses are over priced , if there not affordable there overpriced. 2022 people were over bidding based on 1% rates which will never return as the pound would crash with such low rates. Expect 3-4.5 rates for next five years. Remembering that although interest rates are falling it’s only high rates which are causing this. Remove the higher rate and inflation increases again.
@grzesiekniemogecipowiedzie7142
8 ай бұрын
In rich countries people can effort houses, in poor countries they cannot, UK house prices are not overpriced, UK is poor now
@fredmercury1314
8 ай бұрын
If someone is buying them, they're affordable, which means they're not overpriced. ¯\_(ツ)_/¯
@StephieC
8 ай бұрын
So we're house hunting at the moment and 1 of the agents was saying he used to do valuation back in the day but now it's all done on an AI app, which could be why some of the pricing is just unrealistic and houses gets stuck on the market due to such unrealistic expectations
@Lecia-lithium
8 ай бұрын
all your predictions are wrong
@leonie7754
8 ай бұрын
Husband and i have been saving for 10 years to buy a house, it has been like the film Up lol, and it's always just out of reach. No bank of mum and dad to give us anything. In that time, our needs have changed and they might once again this year. A decade ago, we'd have been happy in a flat. Now we need a proper house. We are hoping that this year might be our year and maybe we can afford our forever house come October, but we are in an expensive area. We just keep saving our deposits and waiting...
@denysemacnamara3043
6 ай бұрын
keep saving your time will come
@cgo225
3 ай бұрын
Have you considered moving to an area where housing is cheaper, provided you could still continue your careers, then once you're on the housing ladder, it'll be easier to sell up and return home - if that was something you wanted to do by then of course. Affordable houses are like jobs - sometimes, you have to leave home to find them.
@leonie7754
3 ай бұрын
@cgo225 we moved away from home for work, so no, not possible. Where we lived before was way too expensive too and we're in a slightly cheaper area. We're of the age now where roughing it in a shithole is not something we are prepared to do either. We've done that before. Especially as we have a kid on the way. Comes down to a good quality of life for our family vs owning a home. Owning is still ideal, but not worth living somewhere that makes you miserable. Especially as the reward for saving for years!
@ryuhoshi2256
8 ай бұрын
Prices are still too high despite seeing falls of 200-300k on properties that were once valued at £1m
@gm2407
3 ай бұрын
South East, just outside London? I looked on Rightmove today. 5 houses in London less than £1,000,000. Crazy prices going on in London as super rich manopolise housing. If that was the just houses I don't want to know flats which are not worth buying due to maintance fees.
@g.p616
9 ай бұрын
Why are you talking about house prices at a Nominal value and not real?! If inflation is 30% over last 3 years (as you say) and house price increases are less, then their real value is falling fast.
@MattBrighton
9 ай бұрын
True point - previous videos have shown 'real' house prices when factoring inflation into house price growth. But it's a misleading figure when comparing to things like earnings to house price ratios because it assumes wages increase at the same rate, which they do not.
@DeputyChiefWhip
8 ай бұрын
The OBR isnt seeing the economy through inequality... According to Gary Stevenson he predicts more increases and no dips... Maybe check his videos out on garys economics
@TruckStopLayby
8 ай бұрын
I reckon over the next twelve months the UK interest rate will go up to 8 - 8.5%
@AstrocandyTV
5 ай бұрын
Never trust anyone wearing a three-piece suit
@gamewithadam7235
8 ай бұрын
Honestly, just guarantee everyone a house when they leave home. People don't need 50 + houses. There are enough houses for every person to own 2-3 each. Considering average household of 4 people, I'm sure we can do it easily. Not everyone can/wants to leave home but for those who do we should just give them a house. In return for this the government can tax us an extra 10 or 20% literally don't care.
@neilroy8840
8 ай бұрын
SURE MUST BE NICE TO HAVE A CRYSTAL BALL.................EXPECT A HOUSING CRASH IN 2024 AND INTEREST RATES DO NOT MATTER WHEN MOST PEOPLE ARE NOT BUYING
@ForlornHope2626
9 ай бұрын
Lots of older properties in my area massively overpriced, pensioners who will wait it out on estate agents advice yet doing absolutely nothing to renovate the properties.. meaning unless I want to spend a fortune redoing an ex council or bungalow, I gotta go new build and they are refusing to drop in price...
@dallysinghson5569
6 ай бұрын
New builds that have carpets for grass and a garden the size of a prison cell.
@JoeyCbr
8 ай бұрын
Valuations are pulled out of somewhere the sun doesn't shine
@Raptrex9002
8 ай бұрын
Your graphs are a few months OUTDATED.
@MattBrighton
8 ай бұрын
The property market data lags behind depending on whether you look at sold, listing or mortgage data.
@SilverWong-yo5iu
8 ай бұрын
Should ask why transaction prices are so outdated in UK. Why it takes months???
@mrmeldrew693
4 ай бұрын
I first bought about 11 years ago. People had been predicting the 'great crash' for a while at that point. I'd be in an awful position now if I had listened to them, instead if having about £200K in equity.
@tourbike
8 ай бұрын
Everyone wait until 2026
@aps-pictures9335
2 ай бұрын
Buying a house at 6% because it’s the same price as renting 🙃 yay for being broke
@bsmnandhu6660
8 ай бұрын
Do we need estates agent to buy a house
@majorskies7091
8 ай бұрын
Should You Buy a House Now, Or Wait Until 2025? Should You Buy a House Now, Or Wait Until 2026? Should You Buy a House Now, Or Wait Until 2027? When will it end?
Пікірлер: 348