Episode 82 of Lets Talk catches up with John Cox, the Managing Director of Cox & Co, and Neill Bukes, the Business Development Manager. It’s been over a year since they featured on the podcast and they describe the significant growth and expansion that the company has experienced in the past year. They not only appointed new property managers and staff, but they also expanded their operations to include property sales. John and Neill share more details about this exciting period of growth and what it means for the organisation.
John and Neill discuss Cox & Co’s turn-key proposition for clients. They understand that navigating the property market can be stressful for everyone and host, Gillian Semmler, asks how Cox & Co can help clients throughout their property journey.
Investment strategies, mortgages and market insights
John and Neill go into detail regarding their investment strategy and how they stay updated on market trends and changes. They provide valuable insights into their approach and share their expertise on investment opportunities in the ever-changing property market.
Are you a landlord wondering whether to use a mortgage broker or stay with your current provider for loan re-negotiation? John and Neill offer their expertise on the factors to consider when making this decision, taking into account the specific needs of buy-to-let mortgages. They also discuss different mortgage scenarios and offer helpful advice.
Market conditions in Scotland
Gillian shifts the focus to the current market conditions for residential lettings in Scotland. John and Neill reflect on their experience in light of the Citylets’ latest quarterly report, which highlighted seasonality in supply and demand. They share their perspective on the market imbalance of recent quarters and its impact on the rental market as well as their thoughts on the various factors contributing to this slowdown in rental appreciation for the first time in two years in Edinburgh and Glasgow.
The Scottish Government recently announced transitional measures for rent control after the emergency cap ends. John and Neill talk about these and how the private rented sector may be affected during their implementation.
With the ever-changing market climate, consumer confidence plays a vital role in the property sector and Gillian asks the guests about their thoughts on consumer confidence and how it impacts the decision-making process for buyers, sellers, and investors.
At the end of the insightful conversation, they talk about their community partnership with Hibs and why a company passionate about rugby chose to be involved with this football club specifically.
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