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The Property Podcast

ASK132: 2 year vs 5 year fixed mortgages? Plus: How to network when based overseas?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 17 April 2018

⏱️ 5 minutes

🧾️ Download transcript

Summary

It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Paddy and Gary ask Rob & Rob... 2 year vs 5 year fixed mortgages? Plus: How to network when based overseas?... ASK YOUR OWN QUESTION TO ROB & ROB! Don't be shy! All you need to do is leave a message with your name and whatever's on your mind. Just pick up the phone and call 013 808 00035 (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob, and I'm Rob.

0:03.0

And this is Ask Rob and Rob because it's Tuesday and that means that we've

0:14.2

collected up a couple of your questions and we're going to give our best shot to

0:17.1

answering them.

0:18.1

Paddy and Gary are this week's questioners. We'll be hearing from those in just a

0:21.4

minute after a quick recap of how you can send in a question of your own.

0:24.6

Yes, it remains super simple. You've got two options. You can call on 013, 808,00035,

0:31.1

or get to the Property Hub.org.

0:32.4

dot net

0:33.2

slash ask.

0:35.0

And first up, someone who's followed that process to a T

0:38.0

is Paddy.

0:39.0

Hi Robin Rob, it's Paddy here from Croydon.

0:41.0

I was hoping you'd be able to give me a bit of a steer on something. I'm just coming

0:43.9

to the end of a fixed rate period on one of my biotletts. So I was wondering what your

0:50.0

thoughts were on two-year versus five-year deals especially given the

0:55.4

property cycle that we're in right now. Thanks a lot for all the

0:58.9

podcast guys and all the content you put up there. Cheers. Great question

1:02.2

Patty always a bit of a dilemma.

1:05.2

Really what this comes down to is certainty versus flexibility.

1:08.3

So if you take out a five-year fix,

1:09.8

you know exactly what your mortgage costs are going to be

...

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