Mark gives a news review, focusing on Rachel Reeves plans for the October budget and what he thinks the rest of Labour's plans will be for the UK. Mark also talks about the voting share from the election, UK rental affordability and the impact the continued drop in interest rates is having on the housing market. 

KEY TAKEAWAYS
Labour already knew the financial situation but they are now behaving like they didn’t, revealing the drastic measures they may take. 
Labour will likely look to change inheritance tax and pensions to try and ‘fill’ the gap in finances.
Only 20% of the population actually voted for labour. This outcome is really about the conservatives performing so badly.
The government’s control over the sentencing of rioters is concerning, they shouldn’t be able to have this much direct impact on the sentencing of individuals.
Rental tenants are paying 70% of their income on housing in the UK. This is a direct consequence of the changes made by the previous government, that impacted demand and mortgage rates. 
Interest rates are continuing to go down, which will cause more people to buy houses rather than rent, this can already be seen by the slowing growth in the rental market. 



BEST MOMENTS

"They’re saying capital gains tax should be the same as income tax, which of course is not right”

“I think she is probably going to try and get most of the bad news out this autumn” 

“I think they will repeal the section 21 which will make it harder to evict tenants”



VALUABLE RESOURCES

https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

Mark gives a news review, focusing on Rachel Reeves plans for the October budget and what he thinks the rest of Labour's plans will be for the UK. Mark also talks about the voting share from the election, UK rental affordability and the impact the continued drop in interest rates is having on the housing market. 
KEY TAKEAWAYS
<ul>
<li>Labour already knew the financial situation but they are now behaving like they didn’t, revealing the drastic measures they may take. </li>
<li>Labour will likely look to change inheritance tax and pensions to try and ‘fill’ the gap in finances.</li>
<li>Only 20% of the population actually voted for labour. This outcome is really about the conservatives performing so badly.</li>
<li>The government’s control over the sentencing of rioters is concerning, they shouldn’t be able to have this much direct impact on the sentencing of individuals.</li>
<li>Rental tenants are paying 70% of their income on housing in the UK. This is a direct consequence of the changes made by the previous government, that impacted demand and mortgage rates. </li>
<li>Interest rates are continuing to go down, which will cause more people to buy houses rather than rent, this can already be seen by the slowing growth in the rental market. </li>
</ul>
 
BEST MOMENTS  
"They’re saying capital gains tax should be the same as income tax, which of course is not right”
“I think she is probably going to try and get most of the bad news out this autumn” 
“I think they will repeal the section 21 which will make it harder to evict tenants”
 
VALUABLE RESOURCES 
<a href="https://www.youtube.com/user/progressiveproperty">https://www.youtube.com/user/progressiveproperty</a> <a href="https://www.progressiveproperty.co.uk/the-progressive-co-founders/">https://www.progressiveproperty.co.uk/the-progressive-co-founders/</a>
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
CONTACT METHOD
Email: Markhomer@progressiveproperty.co.uk
LinkedIn: <a href="https://www.linkedin.com/in/markhomer1">https://www.linkedin.com/in/markhomer1</a>
Facebook: <a href="https://www.facebook.com/markprogressive">https://www.facebook.com/markprogressive</a>
Twitter: <a href="https://twitter.com/markprogressive">https://twitter.com/markprogressive</a>

Investing, business, finance &economics - Mark Homer has the experience to help you with many of your questions & challenges. Mark My Words is a successful, eccentric & introverted businessman’s experience of 20 years with no waffle, ads, bravado or big pitches. Mark will interview the worlds most successful business, finance & money experts as well as impart his knowledge in a factual, direct manner. Mark runs & owns multiple businesses & property portfolios so teaches you what he does on a daily basis. A contrarian investor & capitalist, Mark will help you raise more finance, make more money & grow your business empire.

Mark My Words Podcast

Mark My Words

August Budget Rumours, Spiraling Borrowing and Mixed Messages in the Property Market

Mark outlines his predictions for the housing market in 2025. He talks about what he thinks will happen to rental prices, interest rates and the impact of the US Election as he gives his 6 Property predictions for 2025.

KEY TAKEAWAYS
Rent will continue to rise in 2025 due to stamp duty increases, EPC ratings and the repeal of section 21, meaning less buy to let landlords will be buying property, increasing demand.
Economic growth is still going to be slow in 2025, interest rates are likely to continue to drop.
Mark predicts that build-to-rent is a sector that is going to grow in 2025
Donald Trump being elected is going to have a significant impact on the world economy including the UK, particularly if we get a good trade deal directly with the U.S
If Elon Musk is able to save the US government as much as predicted, what he does will become a model for the rest of the world
Permitted development conversion caps have been removed, Mark predicts there will be more conversions of office and retail spaces into domestic accommodation in 2025



BEST MOMENTS

"I’m targeting between 5-10% of growth in build to rent”

“If Elon Musk gets into the US government, there’s talk of him saving $2 Trillion a year in their budget” 

“You can convert lots more retail buildings now”



VALUABLE RESOURCES 

https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/



ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.



CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

Mark outlines his predictions for the housing market in 2025. He talks about what he thinks will happen to rental prices, interest rates and the impact of the US Election as he gives his 6 Property predictions for 2025.
 KEY TAKEAWAYS
<ul>
<li>Rent will continue to rise in 2025 due to stamp duty increases, EPC ratings and the repeal of section 21, meaning less buy to let landlords will be buying property, increasing demand.</li>
<li>Economic growth is still going to be slow in 2025, interest rates are likely to continue to drop.</li>
<li>Mark predicts that build-to-rent is a sector that is going to grow in 2025</li>
<li>Donald Trump being elected is going to have a significant impact on the world economy including the UK, particularly if we get a good trade deal directly with the U.S</li>
<li>If Elon Musk is able to save the US government as much as predicted, what he does will become a model for the rest of the world</li>
<li>Permitted development conversion caps have been removed, Mark predicts there will be more conversions of office and retail spaces into domestic accommodation in 2025</li>
</ul>
 
BEST MOMENTS  
"I’m targeting between 5-10% of growth in build to rent”
“If Elon Musk gets into the US government, there’s talk of him saving $2 Trillion a year in their budget” 
“You can convert lots more retail buildings now”
 
VALUABLE RESOURCES 
<a href="https://www.youtube.com/user/progressiveproperty">https://www.youtube.com/user/progressiveproperty</a> <a href="https://www.progressiveproperty.co.uk/the-progressive-co-founders/">https://www.progressiveproperty.co.uk/the-progressive-co-founders/</a>
 
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
 
CONTACT METHOD
Email: Markhomer@progressiveproperty.co.uk
LinkedIn: <a href="https://www.linkedin.com/in/markhomer1">https://www.linkedin.com/in/markhomer1</a>
Facebook: <a href="https://www.facebook.com/markprogressive">https://www.facebook.com/markprogressive</a>
Twitter: <a href="https://twitter.com/markprogressive">https://twitter.com/markprogressive</a>

Mark's 6 2025 Housing Predictions

Mark hosts an informal session answering attendees' questions on property investing and business. Topics covered include managing tenant arrears, using AI systems, recovering securing finance, choosing property strategies and leveraging technology to remove reliance on people. Mark provides his famous direct, no-nonsense advice, drawing on his extensive experience. The session offers valuable insights for property investors and business owners alike. 

KEY TAKEAWAYS
Pursue former tenants with county court judgments using options like winding-up petitions to pressure payment, despite the costs involved.
Expect Bank of England base rates to remain around 4-4.5% through 2025 before dropping, according to trading market predictions.
Resolve cladding issues for financiers by providing EWS1 reports showing remediation works address combustible materials.
Get multiple assessments when handling property contamination like asbestos to determine actual risks and remediation needs.
Institute gradual rent increases for retained tenants to keep pace with market rates and offset rising mortgage costs.
Leverage technologies like AI wherever possible to remove reliance on staff and minimise people management headaches.
Seek out self-motivated employees requiring minimal oversight to avoid poor performance issues plaguing growth.

BEST MOMENTS

"I issued a winding up petition on a care company...it probably cost four or five grand, but it's existential for them."

"I check our rents once a month...I look back and a block we finished two years ago...Those rents are now going up 40%."

"When you attack landlords...then rents have to go up to a level where it works again. That's the adjustment that's taking place."

"I'm looking forward to that because apparently this can remove quite a bit of admin. I would put as much technology in as possible."



VALUABLE RESOURCES

https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

Mark hosts an informal session answering attendees' questions on property investing and business. Topics covered include managing tenant arrears, using AI systems, recovering securing finance, choosing property strategies and leveraging technology to remove reliance on people. Mark provides his famous direct, no-nonsense advice, drawing on his extensive experience. The session offers valuable insights for property investors and business owners alike.  KEY TAKEAWAYS
<ul>
<li>Pursue former tenants with county court judgments using options like winding-up petitions to pressure payment, despite the costs involved.</li>
<li>Expect Bank of England base rates to remain around 4-4.5% through 2025 before dropping, according to trading market predictions.</li>
<li>Resolve cladding issues for financiers by providing EWS1 reports showing remediation works address combustible materials.</li>
<li>Get multiple assessments when handling property contamination like asbestos to determine actual risks and remediation needs.</li>
<li>Institute gradual rent increases for retained tenants to keep pace with market rates and offset rising mortgage costs.</li>
<li>Leverage technologies like AI wherever possible to remove reliance on staff and minimise people management headaches.</li>
<li>Seek out self-motivated employees requiring minimal oversight to avoid poor performance issues plaguing growth.</li>
</ul>
BEST MOMENTS   "I issued a winding up petition on a care company...it probably cost four or five grand, but it's existential for them."
"I check our rents once a month...I look back and a block we finished two years ago...Those rents are now going up 40%."
 "When you attack landlords...then rents have to go up to a level where it works again. That's the adjustment that's taking place."
"I'm looking forward to that because apparently this can remove quite a bit of admin. I would put as much technology in as possible."
 
VALUABLE RESOURCES 
<a href="https://www.youtube.com/user/progressiveproperty">https://www.youtube.com/user/progressiveproperty</a> <a href="https://www.progressiveproperty.co.uk/the-progressive-co-founders/">https://www.progressiveproperty.co.uk/the-progressive-co-founders/</a>
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
CONTACT METHOD
Email: Markhomer@progressiveproperty.co.uk
LinkedIn: <a href="https://www.linkedin.com/in/markhomer1">https://www.linkedin.com/in/markhomer1</a>
Facebook: <a href="https://www.facebook.com/markprogressive">https://www.facebook.com/markprogressive</a>
Twitter: <a href="https://twitter.com/markprogressive">https://twitter.com/markprogressive</a>

Behind the Scenes of My Masterclass Rent, Cladding and Asbestos: REVISIT

Mark talks through budget and tax rumours and gives a breakdown of current government spending. He shares why he thinks the decisions and choices will be made and also gives the real numbers and statistics around government spending.



KEY TAKEAWAYS
Around $340 billion, equivalent to almost 30% of this year’s budget is spent on social protection which covers things like, housing benefit, income support and pensions.
Personal social services have increased to £43 billion
Only 60% of the country is paying in, 40% of people in the UK are economically inactive
Labour are claiming a £20 billion black hole which they are using to justify tax increases.
The conservatives would have had to either reduce spending or put up taxes if they had remained in power.
Covid cost the UK £400-£500 billion.
Labour have been leaking information around which taxes may increase to help soften the blow to the public.
There are rumours about capital gains tax increasing to 45% for high earners, but this could discourage investment.
We can’t grow the economy if we scare off investors.
From 1st January 2025 it's proposed that there will be VAT on school fees.



BEST MOMENTS



"40% of this country is economically inactive”

“Rachel Reeves used to be in the treasury, so she’ll know exactly where to look for this information”

“I suspect the conservatives would have had to reduce spending or put up taxes up anyway I think whoever got in that was about to happen”

“I think the government have been leaking like hell”


"I understand the politics of envy are at work here" 

"Why would you want to tax excellence" 

VALUABLE RESOURCES

https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

Mark talks through budget and tax rumours and gives a breakdown of current government spending. He shares why he thinks the decisions and choices will be made and also gives the real numbers and statistics around government spending.
 
KEY TAKEAWAYS
<ul>
<li>Around $340 billion, equivalent to almost 30% of this year’s budget is spent on social protection which covers things like, housing benefit, income support and pensions.</li>
<li>Personal social services have increased to £43 billion</li>
<li>Only 60% of the country is paying in, 40% of people in the UK are economically inactive</li>
<li>Labour are claiming a £20 billion black hole which they are using to justify tax increases.</li>
<li>The conservatives would have had to either reduce spending or put up taxes if they had remained in power.</li>
<li>Covid cost the UK £400-£500 billion.</li>
<li>Labour have been leaking information around which taxes may increase to help soften the blow to the public.</li>
<li>There are rumours about capital gains tax increasing to 45% for high earners, but this could discourage investment.</li>
<li>We can’t grow the economy if we scare off investors.</li>
<li>From 1st January 2025 it's proposed that there will be VAT on school fees.</li>
</ul>
 
BEST MOMENTS   
"40% of this country is economically inactive”
“Rachel Reeves used to be in the treasury, so she’ll know exactly where to look for this information”
“I suspect the conservatives would have had to reduce spending or put up taxes up anyway I think whoever got in that was about to happen”
“I think the government have been leaking like hell” 
"I understand the politics of envy are at work here" 
"Why would you want to tax excellence" 
VALUABLE RESOURCES 
<a href="https://www.youtube.com/user/progressiveproperty">https://www.youtube.com/user/progressiveproperty</a> <a href="https://www.progressiveproperty.co.uk/the-progressive-co-founders/">https://www.progressiveproperty.co.uk/the-progressive-co-founders/</a>
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
CONTACT METHOD
Email: Markhomer@progressiveproperty.co.uk
LinkedIn: <a href="https://www.linkedin.com/in/markhomer1">https://www.linkedin.com/in/markhomer1</a>
Facebook: <a href="https://www.facebook.com/markprogressive">https://www.facebook.com/markprogressive</a>
Twitter: <a href="https://twitter.com/markprogressive">https://twitter.com/markprogressive</a>

August Budget Rumours, Spiraling Borrowing and Mixed Messages in the Property Market

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