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The Property Podcast

ASK266:I’ve had a huge down-valuation – what can I do? PLUS: Will Radon affect my remortgage?

The Property Podcast

Rob Bence & Rob Dix

Business News, Education, News, Investing, Business

4.82K Ratings

🗓️ 5 January 2021

⏱️ 8 minutes

🧾️ Download transcript

Summary

Ask Rob & Rob is back for the New Year and they’re kicking 2021 off with a bang! First up this week we’ve got Claudine. She’s previously bought two buy-to-let properties through Property Hub Invest, however her question today is in relation to her family home.  Her family is growing and she has a second baby on the way, so she’s looking to purchase a bigger family home.  They had agreed a price of £975,000, however a mortgage valuation came back at £835,000 which she thinks is a huge drop in price - she certainly wasn’t expecting it to be down-valued by so much.  Next up we’ve got Stan who’s got a question regarding Radon.  He’s just had a search back for a property he’s been looking at and it shows that they’re at an intermediate risk level for Radon.  Stan is planning on purchasing the property with cash and remortgaging further down the line. But he’s wondering if this Radon issue will affect him being able to remortgage?  Have Rob & Rob ever come across these issues before and can help Stan? 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

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob.

0:03.4

And I'm Rob.

0:04.4

And this is Ask Rob and Rob.

0:07.6

Hello everyone and happy new year.

0:10.0

Welcome to the first Ask Rob and Rob of 2021.

0:13.6

Whoa exciting.

0:15.4

A lot of you have been getting your questions in so we've got a sackful to go through.

0:19.8

You think Santa's busy over Christmas?

0:21.6

Well, New Year is a busy time for us. So thank you to

0:25.4

everyone who's been getting their questions in it's gonna keep us busy but

0:29.2

let's make sure that continues by reminding you how you can get your question in to the show.

0:34.0

Yes, all you've got to do is call 013, 808,00035, that's

0:37.8

013, 808,00035.

0:40.3

Or you can go to Property Hub.

0:42.1

Dot net slash ask instead.

0:44.0

Either way, you'll be prompted to leave us a voicemail

0:46.0

you can get that question recorded and wing it our way.

0:49.0

That's what Claudine did,

0:50.0

so let's have a listen to her question.

0:52.0

Hi Bob and Rob, this is Claudine.

0:54.0

I've been listening to your podcast for ages now,

0:56.0

for fours like ages.

...

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