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The Property Podcast

ASK180: How should your own home fit with your investments?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 2 April 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

This week on ask Rob & Rob, we’ve got two Hubbers who have both asked questions on the same topic: how should your own home fit in with your investment plans? Without attempting to dish out life advice, The Robs answer Claire and Azar’s questions in the most informative way possible. Rob D points out one thing to remember: your home is your home and your investments are your investments. Sometimes they work in perfect harmony, and sometimes one takes priority over the other. From Rob B’s point of view, both Claire and Azar need to be very clear about what they want first and foremost. Each person's situation is different, what works for one person might not necessarily work for the other. Tune in to find out what The Robs think you should do if you’re undecided on buying your own home or buying an investment property. Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. The next question on Ask Rob & Rob could be yours. Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself. 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. And this is Ask Rob and Rob.

0:05.8

Yes, welcome to Ask Rob and Rob. The show where every single Tuesday you ask us a couple of questions and we give you a couple of answers.

0:15.0

We've got a couple of really good questions on the same theme today, so we'll listen to those in just a sec,

0:20.0

after a quick recap of how to get your own question into us.

0:23.0

Yes, two lovely hubbers have absolutely nailed this process

0:26.6

to get your question answered.

0:28.0

It's really simple.

0:28.8

You've got two options.

0:29.7

First of all, you can call in and leave us an answer phone message. The number to call is

0:34.0

013 808 triple 035 that's

0:37.8

oh 1.8 808 triple 0.35 or get along to

0:42.5

along to Property Hub.

0:43.6

dot net

0:44.4

forward slash ask that's Property Hub

0:46.6

dot net forward slash ask

0:48.6

and you can leave your message that way

0:50.9

get ready to get your question in but before do, let's listen to the first question of the week, which comes in from Claire.

0:57.0

Hi, Rob and Rob, I'm new to all of this, but I've been catching up on your podcast, which are great. I'm selling my shares in my business for personal reasons and so I'm going to have a lump sum of cash. I'm also selling my house. Now, I'm considering going into rental for myself and using the

1:16.4

equity in my house along with the money from my shares from the business to start

1:21.2

buying a property portfolio.

1:24.0

Would you say this is the best way to do it,

1:26.0

or would you say be secure, get another mortgage, buy a house to live in,

...

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