Q&A with Paul & Megan on the property market, where to buy and what's in the ONS basket of goods?
10/26/23 • 26 min
Paul and Megan discuss various topics related to buying property, answering questions from their listeners. They emphasize the importance of seeking professional advice from a solicitor-estate agent, especially for first-time buyers. The conversation also delves into the "basket of goods" used to measure inflation, highlighting the addition of items like tortilla wraps, video doorbells, and frozen berries due to changing consumer trends.
They recommend speaking to mortgage brokers for comprehensive market analysis when buying a home and encourage prospective buyers to explore up-and-coming areas. Leith, in particular, stands out as a thriving location in Edinburgh, attributed to its increasing demand and investment. They also reminisce about their visits to Dunfermline and the Scottish Borders, acknowledging the changing property landscape, with more people seeking homes away from urban centers due to remote work opportunities.
Watch the episode in full on our YouTube channel: https://youtu.be/sjC5jHY-U6s
Got a question for us? Send us a text message!
Enjoy the episode? We'd love to hear from you! Send your questions and comments to us directly on [email protected] or via our social media channels. You can also help other people find us by sharing the episode or leaving us a review and rating from wherever you're listening!
To find out more about ESPC and our solicitor estate agent member firms, you can head to our website.
You can read our most recent house reports here: http://bit.ly/3CQlEQw
Read the latest news from the property market in Edinburgh, the Lothians, Fife and the Scottish Borders here: http://bit.ly/3IPOR1T
ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey.
Paul and Megan discuss various topics related to buying property, answering questions from their listeners. They emphasize the importance of seeking professional advice from a solicitor-estate agent, especially for first-time buyers. The conversation also delves into the "basket of goods" used to measure inflation, highlighting the addition of items like tortilla wraps, video doorbells, and frozen berries due to changing consumer trends.
They recommend speaking to mortgage brokers for comprehensive market analysis when buying a home and encourage prospective buyers to explore up-and-coming areas. Leith, in particular, stands out as a thriving location in Edinburgh, attributed to its increasing demand and investment. They also reminisce about their visits to Dunfermline and the Scottish Borders, acknowledging the changing property landscape, with more people seeking homes away from urban centers due to remote work opportunities.
Watch the episode in full on our YouTube channel: https://youtu.be/sjC5jHY-U6s
Got a question for us? Send us a text message!
Enjoy the episode? We'd love to hear from you! Send your questions and comments to us directly on [email protected] or via our social media channels. You can also help other people find us by sharing the episode or leaving us a review and rating from wherever you're listening!
To find out more about ESPC and our solicitor estate agent member firms, you can head to our website.
You can read our most recent house reports here: http://bit.ly/3CQlEQw
Read the latest news from the property market in Edinburgh, the Lothians, Fife and the Scottish Borders here: http://bit.ly/3IPOR1T
ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey.
Previous Episode
Economics Revisited
In this podcast episode, Paul and Megan are joined by Debbie Hair (Investment Manager, Evelyn Partners). They delve into various economic and financial topics, starting with inflation and its implications, touching on both short-term and long-term trends, emphasising the importance of considering environmental, social, and governance factors when evaluating companies for investment, particularly in the context of climate change.
The discussion also covers quantitative easing (QE) and the role of central banks, such as the Bank of England, in managing monetary policy. Debbie explains that while the need for QE may decrease with economic growth, it could still be used in the future to stabilize economic conditions.
We also discuss the 2% inflation target and its somewhat arbitrary nature, with a focus on the credibility it brings to economic policies. Megan & Paul also inquire about investment strategies for first-time buyers, as well as gold as an investment option. We wrap up by discussing the market's future, with a focus on maintaining stability and the central banks' policy of "higher for longer."
● Watch the episode on YouTube: https://www.youtube.com/watch?v=lFYSUm_c2Nk
● Listen to Debbie's first episode on the show: https://bit.ly/3S0hi1H
Got a question for us? Send us a text message!
Enjoy the episode? We'd love to hear from you! Send your questions and comments to us directly on [email protected] or via our social media channels. You can also help other people find us by sharing the episode or leaving us a review and rating from wherever you're listening!
To find out more about ESPC and our solicitor estate agent member firms, you can head to our website.
You can read our most recent house reports here: http://bit.ly/3CQlEQw
Read the latest news from the property market in Edinburgh, the Lothians, Fife and the Scottish Borders here: http://bit.ly/3IPOR1T
ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey.
Next Episode
First-Time Buyer's Guide to Purchasing Property in Scotland
In this episode, Paul & Megan are joined by Amy Howard (Neilsons) and Caitlin Keegan (Gillespie Macandrew) to get the best advice for first-time buyers.
Amy & Caitlin share invaluable insights and advice for first-time buyers in the Scottish property market. They discuss the crucial steps to take, including appointing a solicitor, finding a mortgage broker, and understanding affordability. They also dive into questions to ask during property viewings and the process following an accepted offer, emphasizing the importance of clear communication and early preparation.
Discover the current opportunities for first-time buyers in Scotland and gain a deeper understanding of the property buying process in this latest episode.
If you are first-time buyer, sign up for our in-person first-time buyer event here: https://bit.ly/45XQ3YO
Got a question for us? Send us a text message!
Enjoy the episode? We'd love to hear from you! Send your questions and comments to us directly on [email protected] or via our social media channels. You can also help other people find us by sharing the episode or leaving us a review and rating from wherever you're listening!
To find out more about ESPC and our solicitor estate agent member firms, you can head to our website.
You can read our most recent house reports here: http://bit.ly/3CQlEQw
Read the latest news from the property market in Edinburgh, the Lothians, Fife and the Scottish Borders here: http://bit.ly/3IPOR1T
ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey.
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