ASK231: How has the Coronavirus affected Rob & Rob's portfolios? PLUS: Should I take a mortgage holiday?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 14 April 2020

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Robs are back again this week answering more Coronavirus related questions - and it’s a bit of a personal one. How has the coronavirus affected Rob & Robs personal property portfolios? Well, Rob B has a vacant property whilst Rob D has one tenant who hasn’t paid their rent or been in touch with the letting agent to say why, or try and come to some arrangement. Are Rob & Rob panicking? What do they plan on doing? The second question we’ve been getting a lot is on buy-to-let mortgage payment holidays. Should you be taking up the government offer of a mortgage payment break? We’ve discussed mortgage holidays before on the podcast, but this time The Robs are discussing why you should only take a mortgage holiday if you absolutely need to. Why? Tune in to find out. 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

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0:00.0	Hi, I'm Rob.
0:03.2	And I'm Rob.
0:04.0	And this is Ask Rob and Rob.
0:05.3	Hello everyone and welcome to Ask Rob and Rob.
0:10.4	We're back on the Corona question today because you want answers you want to know what's going on so we're going to help you out
0:16.2	Remember we did this every single week ask Rob and Rob is a service to help you so let's give you that number so you can get your questions in.
0:24.0	Yep, whether you want to know about coronavirus or if you're thinking beyond that and how you're
0:28.2	going to build your portfolio.
0:29.9	Once this all passes, we would love to hear from you.
0:32.3	You can give us a call on
0:33.2	013 808,00035 or you can go to Property Hub.net slash Ask. We heard some of your
0:39.7	questions last week. We're likely to hear some of your questions again next week.
0:43.7	But this week as is happening a lot at the moment, we've just got so many different
0:47.5	questions coming in that what we're doing is like finding the ones that cluster
0:51.2	around different subjects and then talking about the subjects more generally
0:54.8	because there is so much that people understandably want to know at the moment.
0:58.8	So let's do that right now.
1:00.8	And pleasingly Rob, it seems like people are concerned for us because a lot of people have been asking how coronavirus has affected our portfolios personally.
1:07.6	Well, so far, not too bad. So far. So So in my portfolio I have one property that's become vacant. I had
1:17.5	international students in there and they have disappeared and so that property
1:21.9	needs to be let out. But everything else right now is
1:26.2	taking along so can't complain. Rob how things fair in for you?
	...

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