Slammers, Let’s be honest: between the Renters' Rights Act tearing up tenancy rules and the government’s endless tax tweaks, the UK property market is struggling to say the least. Rachel Reeves took 2% tax straight off your bottom line and before it took effect, John Healey took another! At Definitive Wealth, we’ve always put your interests first. That means that we’d rather pause the training rather than take your money and cross our fingers in a market rigged against you. You’ll no doubt see plenty of "free" property events where the sales pitch is heavy and the content is light. We’ve always prided ourselves on delivering genuinely rich, rigorous education rather than a glorified sales pitch. Because we actually run a sustainable business to deliver that depth, we refuse to compromise on quality just to stay active in a broken climate. Instead, we’re pausing SLAM! and the training until the New Year. We are however considering the Winter Ramble if there is sufficient interest. It would be on Monday 7th December, 10am to 2pm at The Victoria, 113 Hewell Road, Barnt Green, West Midlands, B45 8NW. Admission is free, you only pay for your food and drink. Everyone is welcome. Let us know by Monday if you wish to come. Cheers, Nick and Jamie

Hi Guys I was just wondering when the next Slam meeting will go ahead I seem to remember Jamie posting something about it or Skool will take place in the summer months Any news ? Regards Noel

Property prices are down 1% and it is now taking an average of 216 days to complete. Lenders are clearly being more cautious and solicitors might be slowed down by this extra due-diligence. I know with 2 of mine going through at the moment, the lenders are asking for Belt and Braces. One Pearl of Wisdom from Jamie recently is that the lender typically owns 75% of the property and you only 25%, so it is more theirs than yours. For this reason, they are doing more due diligence for their own sakes. In other words, each property is a business proposition, and you need to convince them it is viable. https://residentiallandlord.co.uk/rightmove-home-sales-216-days-landlord-exits-slow/

This is actually quite big. Whitehall have finally realised that they have to ease off landlords. https://www.dailymail.com/news/article-16002047/Andy-Burnham-Angela-Rayner-rent-controls-housing-Labour.html

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