The UNTHINKABLE Is About To Happen To UK House Prices

The unthinkable is about to happen to UK house prices, and this is my last warning to UK homeowners.

We're entering a once-in-a-generation moment where we're going to see a mass divide between homeowners who become bankrupt and investors who become extraordinarily wealthy. And the difference between those two groups comes down to one thing, and that is what they do in the next 12 months.

My name's Samuel Leeds. I own over 100 UK properties, have been a landlord for 18 years, and I've got a lot on my mind right now. So, watch this video fully.

The official UK house price index reported on average UK property prices right now at 268,000 pounds. Now, what's so interesting about that is 268,000 might sound like a lot, but actually that hasn't gone up at all since last year, which was also 268,000. And in fact, the year before was 285,000. So, in 2024, properties were 285, and now two years later, they've dropped.

Now, what about before 2024? Was 2024 just a crazy peak? Well, no. Actually, 2024 properties had dropped from the year before and the year before. In 2022, properties were an all-time high of 296,000 pounds. Basically, 300,000. And year on year, they've been dropping.

A lot of people in 2022 were seeing the mass growth and were buying and were thinking that property prices were just going to continue rising year on year. I actually predicted on my YouTube channel many times that there was going to be a crash, and we've seen that. We've seen a dramatic drop year on year for the last not two years, for the last five years.

Now, if you look back over the last 100 years, we see that property prices, generally, the price doubles every 10 years. And that is generally the case. And even over the last 10 years, 2016, property prices were 212,000 pounds only. So, they have, over a 10-year period, gone up by 26%. But the last 5 years, they've significantly dropped.

Now, you may say, "26% rise over a 10-year period, that's not too bad. At least we've made money on our properties." But here's the thing, that isn't taking into account any inflation. Inflation in year 2022 was 11.1%. What that means is, yes, property prices have gone up a little bit in 2022, but so is everything. So is food, so is flights, travel, petrol, everything's gone up. So, actually, properties haven't gone up in value, the price has gone up because money has lost its buying power.

So, what that means is that if inflation on average is around 3% per year, if properties are going up 3% a year, that's just going up in line with inflation. If you own one property or 10 properties, and they're going up in line with inflation, you're not really any better off. And not only have we had inflation at around 40%, if you look at the Office of National Statistics over the last 10 years, that means everything is about 40% more expensive in 2026 than it was in 2016, but property prices are only up 26%. And in fact, year-on-year for the last 5 years, property prices are down.

And if that's not bad enough, where it gets really scary is just because your house might be worth 296,000 pounds, that doesn't mean that it will sell for 296,000 pounds. One of my houses that I had valued at 3.5 million pounds, I decided I was going to sell it, and I put it on the market, and guess what? After 6 months, I didn't have a single offer. So, just because it might get valued by a mortgage lender or an agent at 3.5 million, that doesn't mean that it's actually worth that. Because ultimately, a property is only worth what someone's prepared to pay for it. And Zoopla backed research has found that 44% of homes listed in the previous 3 years failed to even sell. So, that means if you've got a property and you put it on the market, there's almost a 50% chance that it's not going to sell at all.

Now, sure, if you drop the price by 30%, I'm sure it would sell. But many people can't do that because their mortgages are so high that they're in negative equity.

So, what does this mean for the average person? Well, what this means is imagine that everybody in society has all been taught that if you buy a house, it's always going to go up. And everybody buys houses, and all the houses go up. So, that's what you do. You save money, you buy houses, you get rich. Everybody thinks that because it was true 30, 40 years ago. But now, the younger generation who've actually done that, they all saved up, they bought houses, and the houses have gone down. Meaning that they've spent years of their life saving to buy a house that now has not only gone down, but they can't even sell it because nobody wants to buy houses anymore.

Everybody says that there's a shortage of houses in the country, but actually, there's a shortage of money. There's a lot of houses. Right now, there is 730,000 homes for sale. And this is the highest levels we've seen for years, according to industry data. The government are saying we need to build more houses. And whilst that may be true, we've got houses that are just empty. No one's living in them. Did you know that there's over 1 million homes in the UK right now that are just empty. The landlords don't want to rent the houses out because of all the new legislation, regulation, taxes, but then people don't want to buy because they haven't got the money. And even the people that do have the money, they can't afford the stamp duty, which right now is up to 15%. Do you understand what that means? 15% stamp duty. Stamp duty is when you buy a house, a percentage of that house, you pay the government a tax, a buying tax for buying a house. So, they are disincentivizing people to build. They are disincentivizing people to rent out their houses and making it impossible for people to rent because people don't have any money.

This isn't even a crash. What we're seeing is we're seeing a freeze, a market freeze, where house prices aren't going up and no one's able to sell and no one's able to buy and the market is just frozen. And a housing market that stops working properly is actually worse than a crash because a crash, it just resets. Whereas a freeze traps everybody. And that is what people are finding now, both landlords and tenants and homeowners, everybody is trapped. Homeowners are a lot poorer. Landlords are a lot poorer. Tenants are struggling with inflation. I mean, first-time buyers can't buy. Landlords are now struggling with yields. The yields are sometimes in the negative. Developers can't stack up deals to build.

In the late 1990s, the UK average house price was around three to four times your annual salary. So, in the 1990s, average annual salary was around about 15 to 20,000 pounds. And then if you wanted to buy a house, you'd buy a house, an average house, for between 50 and 60,000 pounds. So, you save up your salary for three years, four years, you buy a house outright.

Now, especially if you live in London, you're making what? 30 grand, 40 grand? The average house price is 400, 500, 600,000. Even across the whole country, the average salary is around 35 to 40,000 pound. But the average house price just shy of 300. So, that's seven, eight, nine, in some cases 10 times your annual salary. And then, if you buy a house and you put down a deposit, the mortgage payments are more expensive than your rent and than your salary. So, how is it possible? So, people not only can't afford the deposit, but even if they could afford the deposit, would fail to get a mortgage based on their salary being too low. But their salary being too low is not a them problem, it's a problem for pretty much everybody, 90% of people in the UK. Can we see the problem here?

I've been a property investor and a landlord for 18 years. And historically, interest rates, my lifetime as a landlord, have been around 3%. I mean, for the last, you know, sort of eight years, 2017, 18, 19, 20, rates have been really, really low. If you had a mortgage, I mean, base rate was 0.1% in 2020. So, you mortgages were almost like free money. You buy a house, your mortgage would be 2%, 2.2%, same 2021, 2022. And then, it was only a few years ago when suddenly base rate went up to 5.25%. That's base rate. That's like what banks loan money to each other. That's what banks borrow money from the Bank of England. Most people that bought property, whether to live in or to rent out in the last five, six years, are snookered now. They're done.

Let me explain something. There's people that bought properties in 2015, 2020, 2021, 22, 23, and they bought properties with this in mind. The property's going to go up in value over time. Well, incorrect. It hasn't gone up in value. If you bought 5 years ago, it's gone down in value. But they also bought thinking, "It's going to save me money because if I rent, it's too expensive. Whereas if I own, mortgage payments are cheaper than rent." Also incorrect. Same as if you buy buy a property on a buy-to-let mortgage.

Landlords who bought properties in 2020, 2021, 2022, and they bought a property, and this was back when they could get a mortgage at 2%, 3%. I mean, base rate in 2000 20 was 0.1%. For years, people have just had low mortgages, cheap money. So, you've got a cheap mortgage. Let's say you buy a house as a buy-to-let in 2021, 2022. You buy it for 200 grand, and you rent it out for a thousand pounds a month, and your mortgage payments are 500 pound a month. So, you got 500 pound a month gross cash flow coming in. You own a house, and you think it's going to go up in value just like the old days, just like my parents did, just like my grandparents did, and everyone told me, and this is what I'm doing. Not only is the property not going up in value, it's gone down in value, and you lost money. But also, the interest payments have gone up dramatically. So, now instead of making 500 pound a month, you're making 200 pound a month. But after maintenance and management, you're not making any money. So, you're not making any money on a house that's gone down in value. So, what do you do? Uh I'm just going to sell it. But you can't. No one wants to buy it. I mean, people are just absolutely screwed.

People bought houses to live in, and they thought, "Okay, I'll buy a house to live in." And they And they got a mortgage. But now rates have gone up by double, triple percent. I mean, base rate went from 0.1 to 5.25. Woof, fast. What does that mean? If you're living in a house, suddenly your mortgage payments each month have gone up dramatically. You now can't afford to heat the house that you bought. What do you do? You can't even sell it. It's gone down. So, people are stuffed right now.

So, how are people affording to eat? I mean, at least food has gone down, right? Oh, no, it hasn't. It's gone up. What about bills, gas, electric? Yeah, that's also gone up. Everything's gone up apart from one thing. Uh yeah, wages. Seems to be the only thing that's not going up. This is almost like a manufactured self-sabotagement from the government directly to absolutely enslave the average person in the UK right now. And just while the average person is is is having to decide whether they pay for their heating or whether they pay for their rent, they increase taxes for working people, too. And try to divide us and turn the right against the left, black against white, religious person against atheist, landlord against tenant in the corrupt media at the same time.

So, what's going to happen? What's the future? I mean, right now, that we seem to be on the verge of a of a world war. I was recently speaking to a friend of the YouTube channel and an economist, Adam Lawrence, about what he thinks is going to happen with the Bank of England base rate.

"Um but ultimately, we need to see how long all this geopolitical conflict goes on, because there's two things that could happen, interestingly enough, and a lot of people are not talking about the second one. First one is we steadily sort of ratchet the interest rate back up into the fours, the base rate, whatever we end up paying 6% plus on our mortgages for a little while. The other one is this causes some kind of big problem, and the interest rate has to drop massively. So, that's a not a high probability, but I'd say 10-15% chance we could see, and that that will be associated, accompanied by an economic shock of some kind."

"I I think that's possibly quite likely."

If you want to see that full discussion with me and Adam, the economist, who by the way owns 600 homes in the UK, then I'll leave a link in the description. You can check out the full interview I had with Adam.

So, while many people have thought, "Well, surely interest rates are just going to go down post Liz Truss and all of the chaos in the UK," actually, it could be the opposite, and it could be that base rate goes up, which means we've got an even more frozen market and and a bigger problem economically on our hands, which is going to affect everybody.

I mean, if if rates are high, what happens is when you buy a house, you can't get a mortgage unless you can prove to the bank that your rent is going to be significantly higher, usually 1.3, 1.4 times higher than the monthly interest payments on the on the mortgage. So, what people going to do? Well, they can't change base rate, they can only change one thing. What's that? Rent. So, what's what's going to happen is rents are going to go up, but landlords aren't going to even get richer. It's not like, "Oh, oh, oh, oh, my landlord keeps putting my rent up. He's just getting rich." Well, no. Your landlord's putting your rent up because he's getting shafted by the mortgage companies. And the mortgage companies are only doing that because base rate's going up, which is being set by the Bank of England, WHO ARE LITERALLY PRINTING MONEY, billions and billions and billions every year, which is loot making money loses value. So, while people are working hard in their job, saving got money, they're saving something that's being printed from the sky.

When I say landlord, you all might want to straight away think, "Rich person." But, the average landlord is not rich. The average landlord owns one or two properties. That is the vast majority of landlords and makes next to no money on the rent, but has to be responsible for fixing the boiler when it breaks. That's the average landlord. I don't class myself as an average landlord. I'm not a traditional landlord. I own a lot of properties, over 100 in the UK. Adam is the same. Adam the economist, he doesn't buy houses and just rent them out the regular way. He rents them out differently. He buys them differently. He doesn't use his own money. When I buy properties, I buy properties differently. I rent them differently. There is a revolution happening at the moment where people are waking up how to actually not just fight the system, but play the system.

I mean, I've got a client, Damian, Damian Cheeseman, uh great guy. Now, when he bought a property recently, he didn't buy a pretty house at normal market value of 268,000 pounds. He bought a property in the UK for 38,000 pounds. Okay, this is recently. It's not like oh, this is 10 years ago. 38,000 pounds. Now, it did need a bit of a refurb. Now, it wasn't in London. It was up north in Gainsborough. Now, you might think okay, so he's probably going to get about, you know, 400 pounds a month rent and he's going to make a 10% gross yield. No, because of course, he's my client. He does things differently. He spent 20,000 pounds doing it up. So, in total, he spent 60,000 pounds. That was all in. No stamp duty on the property, by the way, either cuz we don't generally pay stamp duty legally.

Now, what does he do? Does he just rent it out for No, he doesn't just rent it out for 100 pounds. Firstly, he then gets it valued not by a buyer cuz we don't buy houses to sell them, generally. We buy houses to increase the value and then to refinance. So, after we'd bought the house for 38 grand and spent 20 on it, 60 all in including legal fees, he then got it valued by a bank for 100,000. So, he's made 40 grand equity. Not profit because it's only profit until he sells. When's he going to sell? Never. Now, if he did sell, he might he might he might only make 20 grand because the market's frozen. But, instead of selling, what he did was he refinanced, got it valued at 100 by the bank, and then got a 75% loan to value. The bank gave him 75 grand and he only put in 60. Now, this is the way that we buy properties and get paid to own properties, which is which is great.

However, the danger of doing this for the ordinary person that just follows what their parents did or their grandparents is even if you buy properties like this, if your mortgage payments, Damien's mortgage payment on this house in Gainsborough was 343 pounds per month and that's interest only. Now, if he rented this out for 400 pounds a month, firstly, um he'd struggle to get a mortgage. But, secondly, he's not going to make any money. Even if you rent it out at £600, sort of top end of the market in a in a in a cheap area of Gainsborough, he's going to make a couple hundred pound a month. And then, if the boiler breaks, his profit's gone for the year. So, he's done. He's like a normal landlord now. But, that's not what he does. Damien rents this, he gets direct medium to long-term bookings from contractors, relocators. They are not tenants. They are not on a tenancy agreement. They are guests. They hire the house and he knows how to get a substantially higher rate.

Now, I could tell you how much Damien makes on the property, but you you probably wouldn't believe me. Because, if you've been told all your life by your mom and by your dad and your grandparents, this is how to do it, and you're so in the system, it sounds too good to be true. But, this is the reality. The way that I see normal is too bad to be true. I can't believe that the average landlord is making nothing. I can't believe that the average homeowner is so like, to me, it's it's so bad it doesn't make sense. I'll tell you how much Damien makes. Damien makes £1,900 per month. That's not rent. That is pure profit after all costs. He makes £2,800 a month from bookings, and he pays for the heat and the bills, insurance, and that small mortgage. Look small now, and he makes £1,900 profit from that one little tiny house that he was effectively paid to own by the bank.

See, when you know what I know, and I tell people freely. I trained Damien. I showed him how the process works. I know Damien because, firstly, I trained and mentored a guy called Scott Lyons, who did the same thing. And then, Scott told his friend Damien, and then Damien told his friend, and people are waking up. We're in a revolution right now.

Some people say, "Samuel, if you're making so much money buying all these houses and getting these super rent, why are you telling everybody how to do it and how it works?" And I'm not doing this just to try and get lots of views to try and gain fame and popularity. I couldn't really care about views, but what I do care about is when I'm walking around the streets and I'm in the UK, I'm even in UAE or USA and people stop me in the street not to say, "I recognize you." but to say, "Hey, I saw your videos, I subscribed to your channel and now I own 10 houses and I've left my job." Like for me, I get a real buzz out of that. So, if you ever see me in the street, come and say hi and make sure that you are a subscriber of the channel because when you come and see me in the street, I'll pull your phone out and I'll check to see that you are subscribed. So, subscribe to the channel.

Not only would I tell you to subscribe to this channel, but I would also encourage you as a friend to unsubscribe from the BBC. Unsubscribe from all the negative, fake media stories that will have you not only brainwashed, that's what we call BBC, Britain's brainwashing channel, but it'll brainwash for poverty, divided against one another, but also they are owned by wealthy people who invest hundreds of millions into property using the same strategies that I use and that I share with my clients. But then they publish stories in the newspaper telling you doom and gloom, property investing is over when it's not quite That's a half truth. Property investing is over the old way, but they would never tell you the new way.

If you ask the average landlord who owns one or two houses, "How's business?" they'll tell you it's terrible. Half of that is true. It is terrible, but half of that is fear of what's to come because they've been listening to the media. I'll give you an example. All the renters rights reform that's come in and every landlord that you speak to, maybe not that I speak to, but the average landlord will tell you, "Oh my gosh, this is so scary. This is terrible. It's so bad. Property market is is going to crash and tenants have got so much rights." But actually, have you read the legislation? Have you studied what the tenants' rights actually are and how to navigate through that? Or have you just read a few headlines in the newspapers and listened to some fake economists, who I'm not going to name, but there's a lot of big fake economists talking half-truths all over YouTube, all over the internet, and all in the newspapers being backed by the media, being publicized. See, I'm not getting chose on Channel 4 and on the TV and on because they don't like my narrative cuz I'll speak the truth.

I'll say, "Okay, let's let's look at tenants' rights for a minute and let's look at the reform bill that's come in. Didn't something similar happen in Scotland in 2017?" This is something that Adam Lawrence, the real economist and friend of the channel, said. He said, "I'm not worried about the renters' rights bill at all. Firstly, I've read the I've actually read the terms and it's fine. But secondly, they did the same thing in Scotland as a trial. And what did what what happened in Scotland? Did the market crash? Has it been terrible? Have all the landlords exited? No. In fact, Scotland is a very, very good place to invest. I'm investing in Scotland myself right now. But this happened almost 10 years ago. And when Scottish rent caps came in, do you know what happened? As I've been saying for years, what happened in England if rent caps come in England, rents will go up because we've seen this. Not just in New York and in we've seen this in Scotland. When rent caps came in Scotland, rents then went up like 12% in many parts of Scotland in the first year.

And what any smart economist will tell you, and actual real property investors, the conditions creating the crisis are also creating the buying opportunity. The best buying opportunity, if you do it right, in years. Because when you've got motivated sellers and exhausted landlords selling their whole portfolios off at a discount. Well, we're now in a buyer's market right now. And when do you know the best time to buy is? Maybe in a buyer's market? Uh-huh.

What if I told you that there's sellers right now that would just give you their house for free? They'd say, "You can just have it. You know, I'm a whole portfolio and I don't want it anymore. I'm out." People who bought land, now I'm sick of this. Have my land. Children that have inherited land from their parents who worked their life for it, the children are now oh, they don't know what to do with this and they're scared and the government is a lie. Have it. That's a real thing right now. I bought a hotel. Have it. It's a real thing right now. This is not Oh, oh, yeah, um once. No, this is a real thing. And there's so there's only so much I can say on this YouTube video right now, but what I'll tell you is, how do you think so many people are breaking free from the system, getting on the property ladder, and making 10 times their previous annual salary, and 100 times their net worth within 12 to 18 months? How how how how do you think they're doing that? Do you think they're doing that by working harder? No, the poorest people are the hardest worker. Do you think they're doing that by doing what their parents and their grandparents did? No, they're doing that because they're capitalizing on the opportunities in the market right now and they're following the money.

I mean, Damian buying a property at 38,000 and then borrowing the money from the bank and having it refinanced at 100,000, that's almost just giving a house. You can just have it. I I mean, I'll create well-documented for buying properties this way and it's you you you're not even taking advantage of anybody. They don't want it anymore. The government have been managing people, the government screwed people, and now they're in this situation where they don't even want the property. I bought Winyates House Hotel in Cambridgeshire. I paid a pound. Paid 1 pound and took over the entire multi-million pounds hotel, which now makes me a small fortune every single month, and I rent it out. I've got a manager in there. It's got multiple acres of land. I paid a pound, and that was structured seller finance. Seller finance purchase option agreement. Same way as you when you buy a car. When you buy a car, purchase on a finance, you can do that with houses. And there's no better time than now. And everybody seems to be doing this, but I'm the only person talking about it. I've got students and clients that I I'm mentoring and and and they they're doing this and making this some money. I'll say, "Hey, do you want to come on the the podcast?" Oh, no, no, no, I don't want to I don't want to talk about what I'm doing. I don't want to share what I'm doing. I still get one a week. Every single week, I do a documentary where I showcase one of my mentees, and and they become a client, I teach them everything I know, mentor them, support them, and I then do a mini documentary on their property business and their life and how they become financially free, become a millionaire. I've been doing that every week without fail for 7 years. So, when people say it's not possible, Sammy, you then you just got to look at What about all the other people?

What about Tina? Tina is is is a lady in in in Burnley. She bought a commercial building in Burnley for 388,000 lb. Not much more than the average house. By under permitted development, without even getting planning permission, she turned that into apartments and also commercial premises down the bar offices. She took one of the offices herself, and she turned the 388,000 lb building into a 1.1 million lb building. And that one deal alone made her completely financially free. She also bought the car park next door as part of the deal for 398,000, which makes that over 30,000 lb a year in passive income just from from one deal. And and these people are buying these these these projects and becoming financially free. They're not using their own money, they're usually using vendor finance. I the seller is so stressed and scared and want to help that you get them to finance it and you pay them later. It's a real thing. Or you use the bank's money because the banks don't care if you've got lots of money or not. The banks don't even care if you've got lots of big spending things or not. If you want to get some hard money lending, the deal's right. What they care about, the lenders, is they care about your deal. I know because I'm a lender. I I loaned over 50 million pounds of my own hard money. Not other people's money where I'd wrote for it, my money. I loaned to my clients. How do you think so How do you think some of my clients are making so much money and buying so many houses? It's not just what you know, it's who you know. And they know me. Have they known me and who I know?

So, if you're feeling a little bit fed up right now with the economy, fed up right now with the division in the media, fed up right now with the government, Rachel Reeves, we call her Rachel Reeves, and Keir Starmer, and all the noise in the news and the BBC, you're fed up right now with your job, you're fed up right now with your life, let me tell you something. When your finances change, when your environment changes, your whole state of everything can change fast. I know this because I I'm from a council estate. When I was growing up in Walsall, I got stabbed in the head. I was scared to leave the house. I got picked on in school and sat on the special needs desk. And it it was a few decisions that I made, few doors that opened, and that's why I spent so much time helping other people. Sure, I have a consultancy business and and I I train and educate and mentor other people. And sure, I do charge for that. Couldn't mentor everybody and consult people for free, otherwise there's not enough hours in the day. But, wanting to get in action and get on the ladder, and you're like, "Man, I just want to I just want to get started." I might not be able to mentor you one-on-one for free, but what I am doing is I'm going to be running a group training session. Now, it's not going to be No, I'm not going to be giving one-on-one mentoring stuff, but what I am going to do is going to be group of people over Zoom or something like that. I'm not great at technology. What I'm going to be breaking down step by step by step how you, right now, in this market can get started and join the action. And then if you want to become a client after great. If not great, that's fine. But I'll tell you something there's going to be two types of people right now watching this video. There's going to be some people who are probably not subscribed to the channel, who are probably fed up with their life, fed up with their job, fed up with the government, who would prefer to just whinge and moan and complain about it. And they're going to end up resentful and thinking man, what if, kicking himself when they're in their 60s, 70s, and 80s. And then there's going to be people, probably my subscribers, who say, "You know what? I'm actually going to take action. I've heard what Samuel's saying. I've seen what the successful people are doing. And if they can do it, I can do it." And you're going to jump in on the action. And then if you're the second person, I genuinely from the bottom of my heart, I want to see you win and I want to help you win. And I believe that collaboration is better than competition. So, if you don't fancy doing that, if you don't fancy joining me on the training, which by the way is completely free, then you can watch more YouTube videos. You can watch more YouTube videos. I'll leave a whole playlist up here. Go binge watch that right now. But if you want to join me on the training, it's completely free. And you know what? It could just change your life. I'll leave a link in the description. I can't wait to get to know you.