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Podcast: The Property Nomads Podcast
Episode: PROPERTY: Monthly Broker Call With Marc Champ – Tax Cuts, Rate Increases, Stamp Duty Cuts And More
Description: In this episode, Rob once again sits down with Marc Champ of Wharf Financials to discuss the mini-budget and the impact they think it is likely to have. Particularly on property purchases and those who are involved in the sector.KEY TAKEAWAYS Marc believes two different strategies are being played out, which contradict each other. The Bank of England is trying to leave people with less spare cash to spend to bring down inflation. But tax cuts do the opposite, they give people more money to spend. There will be a lot of repossessions, which will create...