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Podcast: The Property Nomads Podcast
Episode: Mortgage Madness and Supply Chain Issues - with Marc Champ of Wharf Financial
Description: Marc Champ of Wharf Financial joins Rob to discuss the current chaos in the mortgage sector, and how a significant drop in stock has caused a marked injury to the investing market. KEY TAKEAWAYS Property finance enquiries have dropped significantly, and the queries that are being made seem to be tentative ones. Rates have gone up, and exiting to a longer term deal is far more difficult. Businesses are being squeezed and are in search of new cashflow streams. The issues come from companies demanding longer payment terms - a gap that needs to be funded...