ASK130: Should I rent or buy a property when I don’t know where I’ll be based in two years?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 3 April 2018
⏱️ 6 minutes
🧾️ Download transcript
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| 0:00.0 | Hi, I'm Rob, and I'm Rob, and this is Ask Rob and Rob. |
| 0:04.4 | Yes, welcome to Ask Rob and Rob. |
| 0:07.0 | Yes, welcome to Ask Rob and Rob where you know the drill by now. You send in your questions and we do our very best to answer them for you. |
| 0:18.0 | Today, as ever, you have not disappointed. We've got two great questions that have come in, but before we a listen to those let's have a recap of how you can send in a question of your own |
| 0:26.3 | Yep dead dead easy all you need to do is give us a call |
| 0:29.3 | Oh one three 808 triple 035 that's oh one three eight oh eight triple oh three five and you can leave 808.0035.0035. That's 013 808 |
| 0:33.6 | 000.0035 and you can leave us a voicemail there. |
| 0:36.0 | Or alternatively you can go over to the Property Hub. |
| 0:38.2 | Dotnet slash Ask and send us a message there instead. |
| 0:41.1 | Okay, this question comes in from Ugo from Liverpool. |
| 0:44.0 | Hi Rob, my name is Ugo. I am a doctor calling from Liverpool and listen to your |
| 0:51.3 | podcasts quite a lot and I find it very very informative and I am in a |
| 0:57.2 | process of wanting to start out on a Korean property. I have a question which put me in a little bit of a pickle really. |
| 1:05.8 | I listened to your recent podcast regards to whether it's better to buy or rent and again I found |
| 1:12.4 | a quite informative and however I'm in a bit of a dilemma really. |
| 1:17.0 | I am currently based up in Liverpool where I have two years left on my training program before I fully |
| 1:25.3 | qualify however I'm currently renting out my current apartment I'm essentially |
| 1:30.9 | in a dilemma whether or not to buy a property to live in for the next two years |
| 1:37.0 | just because after the two years I'm not sure where I could be I could be based anywhere from Scotland all the way down to London. |
| 1:45.0 | However, I've calculated that if I carry on renting for the next two years, |
| 1:50.0 | I'll probably lose about 10,000 pounds roughly in rent. I have enough money to put down for a deposit, |
| 1:56.2 | but given the fact that I am not a homeowner, it might make it a bit difficult for me to go ahead and bring to a buy to let mortgage so if I was to buy I'd have to go down a residential |
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