The Budget That Killed the Housing Market

By video, not newsletter this week.

Author

Charlie Lamdin
November 01, 2024 • Estimated Reading Time: 7 minutes

5 Fact Friday

The latest insider intel on the UK housing market from Charlie Lamdin

Here’s the 5FF live-stream from this morning

Partly thanks to Stig giving me a hangover, partly because I’m on the road this week and partly because I’m a bit lazy sometimes (and the newsletter is a huge piece of work) I’ve done it by video this week.

The embed link won’t work for some reason, but you can watch the video here.

This is the worst budget for the health of the housing market that I can remember. All explained in the video.

Thank you so much for subscribing. Please do give me any feedback you have by replying to this email.

Have a great weekend, lots of love and luck to you all.

Charlie

Forwarded this message? Sign up here.

Join tens of thousands of Charlie’s viewers. Get exclusive insights in advance. No spam, ever. Just Charlie’s unique, no-BS take on the latest housing market matters.

Moving Home with Charlie

Watch and listen to the Moving Home with Charlie podcast.

Moving Home with Charlie is the most popular housing market podcast in the UK with over 75,000 followers across all platforms. Charlie’s unmatched 25 years of experience behind the scenes in the moving sector, and his brutal no-nonsense approach to debunking housing market propaganda, plus regular interviews with industry specialists has led to the show having over 7 million views.  It was nominated as Best Newcomer at the “Property Media Awards” and focuses exclusively on helping both buyers and sellers find and secure their next home, without overpaying. Charlie was also a judge at the Sunday Times Estate Agent of the Year awards and is a champion of that rare thing, a truly great estate agent.

Follow Charlie on X for daily updates and reaction to UK housing market news

twitter.com/moving_charlie

Book a private 1 to 1 video call with Charlie

If you want to talk to someone for objective guidance, you can book a private 30 or 60 minute personal video call with Charlie here.

Talk to Charlie’s hand-picked, totally trusted independent mortgage brokers here.

Whenever a mortgage is involved in a move, it’s wisest to talk to someone who knows about all the options you have, not just the cheapest rate. Don’t get caught out with bad advice from untrustworthy brokers, always make sure you’ve chosen someone you really trust. If you’re having difficulty finding someone you completely trust, Charlie personally vouches for the brokers he works with as people who will put your long term interests first, helping you avoid the pitfall of bad advice from a broker who just wants their commission quick and leaves you hanging out to dry later down the line. Pop your details in here if you’d like a free initial conversation with Charlie’s brokers.

Talk to Charlie’s award-winning conveyancing partners here

Bad (slow, inefficient, unhelpful) conveyancers will lose you your sale or purchase. Choosing a conveyancer that you’re sure is reliable and competent before you start your search for a home or agent, is crucial for lots of reasons. Make sure you choose a conveyancer that you’re certain won’t let you down. If you can’t find one, you can have a no-obligation conversation with Charlie’s hand picked conveyancing partners here. Charlie chose them because they never let clients down.

Simon David, boss of Thomas Legal

Buyers: Get your Property Search Pack lined up

The number one cause of unnecessary delay in home transactions is delay in ordering the ‘Property Search Pack’ [link to search pack page] that’s required by all mortgage lenders before they will make their formal offer to allow you to proceed with your purchase. By offering to buy your search pack immediately if your offer is accepted, you’re showing your seller you’re serious and committed to the transaction. Sellers are more likely to accept an offer from you. Charlie’s Search Pack providers supply the fastest turnaround and the packs are fully compliant and can be used by any conveyancer. If they tell you otherwise, they’re not being straight with you.

First Time Buyer ‘First and Final’ Offer Email Template

Charlie has prepared a free-to-use email template for buyers using a mortgage to make their offers to agents. It’s been used over 17,000 times and improves your chances of having your offer accepted, especially if you’re competing with other buyers or making a particularly low offer. Copy and paste the text, personalise it and send it. Never offer by phone! Get the template

Cash Offer Email Template

Charlie has drafter an offer email template for cash buyers which you can use for free. Never offer by phone. Avoid negotiations. Find it here.

Estate Agent?

Charlie has been a supplier of technology, marketing and CRM systems to residential estate agents around the UK (and Australia) since 1999. Charlie is the biggest champion of good estate agents to the consumer, endlessly defending agency and highlighting the value and importance of what great agents do. He’s on a mission to wipe out bad estate agency (especially excessive overvaluing) and boost transaction volumes for everyone. Your properties are already listed free on bestagent.co.uk - why not activate your free ‘BackOffice’ account and be ready to get the highest quality mover leads you’ve ever had, and become part of the movement to help movers find superior agents who operate with integrity, always putting customers first.

Reply

or to participate.