Share Sounds. from This is Money related to Property & Mortgages - Selling Property

House prices will continue to fall, says an influential poll of estate agents. The latest survey by the Royal Institution of Chartered Surveyors found that buyer demand is declining and fewer homes are coming to the market. Meanwhile, Halifax’s latest house price figures show a £14,000 drop compared to the recent peak in August 2022 and 4.7% fall in the year to the end of September, the largest since 2009. So, how much further could they fall and are buyers in danger of trying to time the market? Will there be a big pause before a general election next year? Georgie Frost, Simon Lambert and Lee Boyce discuss the age old favourite of house prices. Last week has also seen the Bank of England sound the alarm over 35 year mortgages – should we be concerned? Skipton Building Society launches a headline mortgage rate of 3.35%. What’s the catch? It comes as its rival Nationwide has new best buy home loan rates. Could mortgage deals continue to fall? And we look at the top up-and-coming areas for first-time buyers: Does your area make the cut? Spoiler: it features Hull, Middlesbrough and Ipswich. DIY investors went on a gilt-buying spree in September - shunning the stock market and savings accounts. The UK government bonds were paying as little as 0.125% last month – so why were they getting involved? Hargreaves Lansdown is launching a basic, no-frills pension for those who want an easy way to invest for retirement but aren’t quite sure how to get started. They are the first SIPP provider to give details after regulators said they had to offer customers a 'default' option by the start of December. Will it make SIPPs sexy enough to the self-employed? Shrinkflation, bogus loyalty card savings and variable prices in supermarkets... we’re fed up with the lot of them. Are you?

What's the best home improvement plans, if you're thinking about selling? Has the dust now settled following the banking sell-offs — is it a good time to invest now? Will Schroder's UK private/public trusts ever be able to shake off the Neil Woodford legacy? Georgie Frost and Simon Lambert discuss these issues, and the This Is Money 'Best Buy' savings table.

House prices fall by the largest amount since 2012, and mortgage approvals also fall for the fifth month in a row. So are we approaching a house price crash, or will there be a soft landing? Simon Lambert and Georgie Frost are joined by Helen Crane, and they also discuss energy prices and deals on offer from digital banking.

Are we nearly there yet? The Bank of England hiked interest rates again this week, adding 0.5% to take base rate to 4%. That’s a level that it was almost unthinkable we’d reach so quickly a year ago, but rates have gone up hard and fast. The questions now are will base rate stall and when will it come back down again? But while the Bank of England has sent rates up like a rocket, its forecasts show that they will only fall like a feather. Georgie Frost, Tanya Jefferies and Simon Lambert look at how likely those forecasts are to be correct and what this all means for the economy, mortgages, savings and first-time buyers. Also on the show, Tanya explains another potential state pension scandal that she and Steve Webb have uncovered and Steve joins the podcast to talk through it. Sam North, of eToro, gives us a market update and explains why investors have sent stock markets soaring at the start of 2023. The clock is ticking on the tax year and Simon explains why he thinks the next couple of months are vitally important for getting money into an ISA and potentially selling some investments to do so. And finally, do you love your tumble dryer? Many do, but worry they can’t afford to run them. Fear not, help might be at hand.

The mortgage crunch has stalled the pandemic property boom and sent house prices down, but could they fall 20%? The risk of a severe house price downturn of that magnitude was flagged by Rightmove founder and property market veteran Harry Hill. Hill’s CV includes setting up property giant Rightmove and selling estate agency group Countrywide for £1 billion a year before the 2008 banking crisis. Hill told the The Mail on Sunday and This is Money: 'My view on the housing market is that it's going down in every direction. Transactions are going to go down. Prices are going to go down.’ He added that a bad recession would mean ‘we could see 20% price reductions’. Could house prices fall 20% from here? Why would it happen? How bad would that be? Georgie Frost and Simon Lambert discuss the prospects for the housing market, how the rapid rise in mortgage rates is affecting it and what prospective home movers or first-time buyers should do. Plus, they are joined by a very special guest: Lee Boyce, now Money Mail editor, is back on the programme to discuss the Wooden Spoon award for the worst customer service of the year. Who are the runners and riders, what did they do wrong, and why does Simon nominate a couple of firms that aren’t even on the shortlist? Savings rates have been a rare bit of good new recently and Simon talks through the attraction of small building societies and how some are offering market beating rates, but you might struggle to secure them. And finally, it’s time for a second special guest, John Mayhead of classic car specialist Hagerty, who is joins Simon to discuss the insurer’s Bull List of ten classics it tips to rise in value next year. How do these classic cars get on the list, what makes them ripe for appreciation and what’s a Citroen BX doing rubbing shoulders with a Lamborghini Diablo?

Britain is in the grip of a mysterious property mini-boom. Talk of a property market more buoyant than it’s been in years, of viewings and offers flooding in and family homes in hot demand, doesn’t seem to just be the usual estate agent puff. Evidence from mortgage reports, surveyors and data on estate agent activity, appears to bear this out. The stamp duty holiday and lockdown itchy feet have combine to make parts of the market a sellers’ one, so as a buyer what can you do to get a decent offer accepted and avoid overpaying? On this week’s podcast, Simon Lambert, Georgie Frost and Lee Boyce talk buying homes. They discuss what’s going on, whether all parts of the market are flying (not quite), why some homes go to above asking price offers but others linger, and how as a buyer you can get a good deal, while as a seller you can also try to go under offer swiftly at a decent price. Also, on this week’s show, the team discuss the rise of the lockdown trader and why more people – and younger ones at that – are buying shares. They look at inflation and how many savings account beat it. And finally, why has the Royal Mint said it probably won’t need to make anymore 2p pieces or £2 coins for a very long time?

Georgie Frost and the This Is Money team present a housing special which explains everything you need to know about buying property!

Another month and another set of mixed messages about the state of the housing market is revealed. First-time buyers who have a deposit and home movers in the North are doing fine. But London is on the ropes and second and third movers are staying put, bringing the market to a standstill. In this week’s This is Money podcast, editor Simon Lambert, assistant editor Rachel Rickard Straus and money broadcaster Georgie Frost get into the aural attic to unbox the facts. The villain of the piece, they agree, is stamp duty. It used to be a 1% tax on purchases but it got tweaked into a giant cash cow for the Treasury by successive Chancellors. Stamp duty is stalling the market and needs to change but how? Also on the show: Paddington Bear 50p Gate.

Welcome to the This is Money Show on Share Radio, brought to you in partnership with NS&I. After its controversial announcement last week Philip Hammond has finally had to U-turn on national insurance hikes in an attempt to win back public trust. Whilst the Budget provoked considerable backlash less publicised has been changes in road tax coming in April which will see some drivers paying as much as seven times more. Meanwhile across the pond the US Fed has raised interest rates with attention now turning to what the Bank of England will do next. Speculating on where all this leaves our finances Georgie Frost is joined by Editor Simon Lambert and Personal Finance Editor Rachel Rickard Straus. Plus is a castle, a Star Wars themed cinema and beer Fridays really what it takes to be named Britain’s best boss? This is Money is presented by Georgie Frost in partnership with NS&I.

Welcome to the This is Money and Share Radio Podcast, brought to you in partnership with NS&I. It’s been a mixed week of results for the banks with HSBC seeing sliding profits whilst Lloyds has undergone something of a comeback with a rebounding share price. Is it fair for HSBC to point the finger at market conditions or does the success of its rivals prove it’s scapegoating? Meanwhile we’re also seeing a divide among savers as the gap between the richest and poorest households grows. Looking through the figures Georgie Frost is joined by Editor Simon Lambert and Consumer Affairs Editor Lee Boyce. Plus we look at the domestic challenges for the UK car industry and find out how to spot a rare coin.