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The Property Podcast

ASK06: Is remortgaging always a good idea?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 6 October 2015

⏱️ 6 minutes

🧾️ Download transcript

Summary

This week on Ask Rob & Rob, James Scott asked: Is remortgaging always a good idea? It’s really important to make sure that you’re making money each month. If you borrow more money and consequently start making a loss,

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Rob. And I'm Rob. And this is Ask Rob and Rob.

0:04.6

Welcome to another episode of Ask Rob and Rob, where you ask us a question and we give you some answers and hopefully you find it useful.

0:18.0

Now if you'd like to ask us a question, we make it really easy to do, Rob, what you have to do do all you have to do is pick up the phone and

0:24.4

leave us a voicemail our number is 0.13 808-O-35 that's I-13-808

0:31.9

808-O-35 just leave us a That's 013, 808, 00035.

0:34.0

Just leave us a message with your question and your name

0:37.0

and will answer it on the show for you.

0:39.0

Or if you prefer to use your computer instead of your phone,

0:42.0

just go over to the

0:43.0

property hub dot net slash podcast and you'll see a link to leave us a

0:46.9

voicemail from there which ever way you do it we'd love to hear from you and

0:50.5

James has done exactly that. So let's listen.

0:53.9

Hi Rob and Rob, my name is James Scott and I'm from Hartford Sheer.

0:59.8

I've been listening to the podcast for quite some time now.

1:03.4

Thank you for all the useful content.

1:05.0

It's been very helpful.

1:06.3

I'd like to ask a question about refinancing for a second and possibly even a third

1:10.6

and fourth investment.

1:12.4

Is it always the best idea to remorgage? I ask because I'm worried

1:17.5

that potentially it could put me in a position where the profit from the first property is is

1:21.8

pretty well non-existent. So do I go ahead anyway as it will

1:24.6

work out in the long run or should I be looking at other ways to raise funds for

...

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