ASK269: I want to buy a home but I’m scared of a crash! PLUS: Do you contribute to your ISA?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 26 January 2021
⏱️ 9 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Hi, I'm Rob, and I'm Rob, and this is Ask Rub and Rob. |
| 0:07.0 | Hello everybody and welcome to Ask Rob and Rob, the show where you get your questions in and we enthusiastically answer them each and every week. |
| 0:15.8 | This week of course is no different. |
| 0:17.4 | We've got two great questions coming up. |
| 0:19.3 | But before we get to those questions, let's give you a quick reminder of how you can get your |
| 0:24.6 | question onto the show. Oh yes nothing's changed on that front all you've got to do is |
| 0:28.2 | call 013 80800035 that's 013 80800035 or you can go to Property Hub. |
| 0:34.8 | Net slash Ask. |
| 0:36.0 | Either method gives the ability to leave us a voicemail with your question and your name. |
| 0:40.0 | Leave us your name or we're going to make one up for you just like we're about to now for Arthur. |
| 0:45.1 | Hi Robin Rad, love the podcast. I've just sort of discovered it and going back to the |
| 0:49.5 | catalogue and finding loads of great information. I wanted to ask you a question about buying a home to live in and having a |
| 0:56.3 | lodger. I'm thinking about leaving London for Manchester where I can afford a two bedroom terraced house, a nice one. My problem is that I sort of keep |
| 1:05.4 | waiting and waiting for prices to drop or crash, and I just wonder because it's going to be a home that I live in, |
| 1:11.6 | should I not really care as much? And because I'm |
| 1:15.0 | in should I not really care as much and because I intend on sort of making a little |
| 1:16.1 | bit of money through having a lodger in the second room and am I sort of |
| 1:21.3 | waiting too long waiting for this crash that may not come and should I just have the confidence to get on with it and just go up and do it? |
| 1:29.0 | Obviously the fear is that as soon as I do a month later there's a huge crash or whatever and but yeah |
| 1:35.1 | I'd love to know what you think if I'm being too hesitant because I am getting |
| 1:38.0 | fed of waiting or should I just head on up there and you know like through the poverty cycle teaches us if there is a |
| 1:44.7 | crash it will recover and I plan on the thing there anyway so should I just get on with it. |
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