The first "Five Facts on Friday" episode - 3 March 2023
03/03/23 • 20 min
Please let me know what you think of this new format. It will be in addition to all the existing livestreams and sporadic other videos!
First Time Buyers who would like trial access to member-only livestream Q&A, all questions answered, private messages answered, and early access to bestagent data releases, join here: https://www.buymeacoffee.com/mhwc/membership
Only 23 spaces left at time of publishing!
FACT 1: BestAgent data shows new homes coming on 4 times faster than sales being agreed.
https://mhwc.co.uk/blog/rising-supply-and-asking-prices-mask-sharp-falls-in-home-sale-prices/
Video commentary on BestAgent data: https://youtu.be/Oo_GbAxjgek
FACT 2: Year on Year House Price Growth turns negative
https://www.nationwidehousepriceindex.co.uk/reports/annual-house-price-growth-turns-negative-in-february-falling-to-its-weakest-level-since-2012
https://www.bloomberg.com/news/articles/2023-03-01/uk-house-prices-slide-at-sharpest-annual-pace-since-2012
My Tweet: https://twitter.com/moving_charlie/status/1630979894124347406?s=20
FACT 3: SONIA Swap Rates climb 0.75% in 4 weeks https://twitter.com/moving_charlie/status/1631701609116729373?s=20
https://www.chathamfinancial.com/technology/european-market-rates#view
FACT 4: Jan 2023 Mortgage Approvals lowest since 2009. https://tradingeconomics.com/united-kingdom/mortgage-approvals
https://www.bloomberg.com/news/articles/2023-03-01/uk-mortgage-approvals-fall-to-lowest-since-first-lockdown
FACT 5: House builders issue profit warnings and job cut intentions
https://www.thisismoney.co.uk/money/markets/article-11806785/Persimmon-warns-profits-slashes-dividend-75.html
Follow me on X for daily updates: https://x.com/moving_charlie
Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancing
Check out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home.
If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
For my estate agency podcasts, visit https://linktr.ee/bestagent
If you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
Please let me know what you think of this new format. It will be in addition to all the existing livestreams and sporadic other videos!
First Time Buyers who would like trial access to member-only livestream Q&A, all questions answered, private messages answered, and early access to bestagent data releases, join here: https://www.buymeacoffee.com/mhwc/membership
Only 23 spaces left at time of publishing!
FACT 1: BestAgent data shows new homes coming on 4 times faster than sales being agreed.
https://mhwc.co.uk/blog/rising-supply-and-asking-prices-mask-sharp-falls-in-home-sale-prices/
Video commentary on BestAgent data: https://youtu.be/Oo_GbAxjgek
FACT 2: Year on Year House Price Growth turns negative
https://www.nationwidehousepriceindex.co.uk/reports/annual-house-price-growth-turns-negative-in-february-falling-to-its-weakest-level-since-2012
https://www.bloomberg.com/news/articles/2023-03-01/uk-house-prices-slide-at-sharpest-annual-pace-since-2012
My Tweet: https://twitter.com/moving_charlie/status/1630979894124347406?s=20
FACT 3: SONIA Swap Rates climb 0.75% in 4 weeks https://twitter.com/moving_charlie/status/1631701609116729373?s=20
https://www.chathamfinancial.com/technology/european-market-rates#view
FACT 4: Jan 2023 Mortgage Approvals lowest since 2009. https://tradingeconomics.com/united-kingdom/mortgage-approvals
https://www.bloomberg.com/news/articles/2023-03-01/uk-mortgage-approvals-fall-to-lowest-since-first-lockdown
FACT 5: House builders issue profit warnings and job cut intentions
https://www.thisismoney.co.uk/money/markets/article-11806785/Persimmon-warns-profits-slashes-dividend-75.html
Follow me on X for daily updates: https://x.com/moving_charlie
Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancing
Check out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home.
If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
For my estate agency podcasts, visit https://linktr.ee/bestagent
If you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
Previous Episode
Selling your home? It Pays to Panic first (before everyone else)
Announcement: I'm trialling my first paid-subscriber thing, initially just for First Time Buyers.
If the experiment works, it'll be £25 per month, quit anytime. But for the first 50 people I'll be running it at £10 per month while I refine it.
To join the £10 pm group, click here: https://www.buymeacoffee.com/mhwc/membership
Watch the video of this podcast here: https://youtube.com/live/EwP-ecALkhU
Talk to my mortgage guys: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
Too much news in the property market to keep up with. I'll do my best to bring you all up to date.
Focusing on what sellers need to do if moving is a must.
You can "buy me a coffee" if you think my videos are worth it. https://www.buymeacoffee.com/mhwc
Get your mortgage advice from my hand picked trusted brokers here: https://mhwc.co.uk/mortgage
https://www.theguardian.com/business/2023/mar/01/uk-mortgage-market-contracts-for-fifth-month-after-liz-truss-mini-budget
https://www.bloomberg.com/news/newsletters/2023-03-01/uk-house-prices-are-already-down-11-in-real-terms?srnd=premium-uk
Follow me on X for daily updates: https://x.com/moving_charlie
Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancing
Check out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home.
If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
For my estate agency podcasts, visit https://linktr.ee/bestagent
If you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
Next Episode
The 3 Phases of a House Price Crash
Watch the video of this podcast: https://youtube.com/live/EHrD94pFZpM
Join the experimental First Time Buyers Members Group - 12 places left: https://www.buymeacoffee.com/mhwc/membership
Agents: Subscribe to the BestAgent YouTube channel here: https://youtube.com/bestagents
If you don't already have trusted mortgage broker, talk to my hand picked guys here: https://mhwc.co.uk/mortgage
1. Phase 1 Begins - Charlie Sees A Change in the Market:
Feb 22 video: https://www.youtube.com/watch?v=LXM3leMBmWg
2. Phase 1 Underway: Charlie warns agents of a Housing Market Downturn: https://youtube.com/live/O7r4v9alLF8
3. Phase 1: In full Swing: The video that launched this channel: August 2022: https://youtu.be/vL6rg_wq6r0
600,000 businesses fear they'll go bust in 2023
https://news.sky.com/story/hundreds-of-thousands-of-small-businesses-may-fold-this-year-wiping-12bn-from-economy-report-says-12826983
Housing Stig's Graphs on mortgages v prices:
https://twitter.com/alexgroundwater/status/1632495667049291779
All my links: https://linktr.ee/movinghomewithcharlie
Follow me on X for daily updates: https://x.com/moving_charlie
Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancing
Check out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home.
If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgage
All my other links: https://linktr.ee/movinghomewithcharlie
For my estate agency podcasts, visit https://linktr.ee/bestagent
If you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
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