ASK248: I got a bargain - should I flip it? PLUS: Will this help me avoid the stamp duty surcharge?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 11 August 2020
⏱️ 7 minutes
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| 0:00.0 | Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob. |
| 0:07.0 | Welcome to Ask Rob and Rob. The staple of your Tuesday where you get your property questions answered. We've got questions this week from Dom and Sabrina. |
| 0:16.0 | We are itching to answer them for you, but first we just have to squeeze in a quick reminder of how to get in a question of your own. |
| 0:22.0 | You can call in on 013, 808,000.35. |
| 0:27.0 | And you can leave us a voicemail there. |
| 0:29.0 | Don't worry if you mess it up, just record another one. |
| 0:31.0 | Record five, six, wherever it takes, just get that question in, no pressure. |
| 0:36.0 | Or alternatively, you can go and leave a message via our website and you can do that via Property Hub |
| 0:40.9 | dot net forward slash ask. Either way, it can't be that hard because we're a few hundred of these in now and |
| 0:46.8 | luckily Dom has stepped up and delivered this great question. |
| 0:50.4 | Hi Rob, hi Rob. |
| 0:52.4 | Hi Rob. Don here and listen to the podcast about a year and a half and thank you so much for |
| 0:56.4 | the advice. |
| 0:57.4 | I've just completed today on a property, a two-bed flat in South London with one other in the building got its own front door |
| 1:05.8 | and a little bit of outsource space. I agreed the price back in January long |
| 1:10.7 | before COVID and once the crisis took more of a hold I renegotiated on the price and luckily for me the whole chain agreed to it and moved forward even during this time and it was quite a mammoth effort but been listening to you guys a lot and you |
| 1:25.0 | encouraged me to negotiate hard and I really appreciate that. My question to you was |
| 1:28.8 | just regarding house prices at the moment. I have a new house bought a discounted price due to |
| 1:33.8 | KVID. I'm flexible on where I live and I could possibly move on. Would you |
| 1:37.2 | suggest flipping this property early? It doesn't need much work but in the |
| 1:41.0 | current times with house prices creeping up, do you think it would be worth selling now, |
| 1:45.0 | taking the cash and waiting a while to those another dip? |
... |
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