ASK213: Should I release equity and give up my great mortgage rate? PLUS: Where in Scotland should I invest?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 19 November 2019
⏱️ 7 minutes
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Summary
Transcript
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| 0:00.0 | Hi, I'm Rob, and I'm Rob. |
| 0:04.0 | And this is Ask Rob and Rob. |
| 0:08.0 | Hello everybody, welcome to the Ask Rob and Rob show, |
| 0:10.0 | the show where you give us your questions, |
| 0:12.0 | and we do our very, very best to give you the answers. |
| 0:15.0 | And so far, we've been pretty successful at that format. |
| 0:18.0 | We're back again this week with two more great questions. |
| 0:21.0 | But if you've not been part of this show before then get that off |
| 0:24.6 | your bucket list and get a question into us. |
| 0:27.6 | You've got two easy ways of doing it. |
| 0:28.9 | Yep, just give us a call. |
| 0:30.1 | Oh, 13, 808,00035. That's 013, 808,00035. That's 0138 808 30035. You can leave us a voicemail there. |
| 0:36.7 | Or you can do exactly the same thing via our website at propertyhub.net slash ask. But wait, before you pick up that phone have a listen to this question from |
| 0:45.6 | Catherine. Hi it's Catherine from Bristol calling we really enjoy |
| 0:51.0 | working in property and have built up a great portfolio of five properties. |
| 0:56.6 | We'd like to build this to eight, |
| 0:58.4 | as that would allow us to hit the income figure we're after |
| 1:01.8 | to make some really big changes in terms of how we run |
| 1:04.7 | our lives. The question we have is we obviously need money for deposits. We've |
| 1:09.8 | spoken to two great mortgage brokers and both advised we could release around 125K |
| 1:16.5 | on one of our properties in London next year but to do so we'd have to move off amazing |
| 1:22.0 | current rate we have which is 1.54 onto either a top |
... |
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