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Podcast: The Property Nomads Podcast
Episode: Mortgage Market Update with Marc Champ of Wharf Financial
Description: Marc Champ of Wharf Financial joins Rob to discuss the current state of the property market. Despite the usual slowdown during the festive season, Marc reveals that he has been unusually busy in recent weeks, attributing this to the decrease in interest rates, which has prompted investors to re-enter the market. They discuss the types of properties that are in demand, such as terrace houses for conversion into HMOs and houses for conversion into flats, and also shares insights into the lending landscape, noting that while rates have dropped, lenders are facing challenges in converting applications into...