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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

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 17 April 2018

⏱️ 5 minutes

🧾️ Download transcript

Summary

On this week's Ask Rob & Rob...

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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