ASK278: Am I walking into a money-pit? PLUS: Should I put my savings into shares?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 30 March 2021
⏱️ 9 minutes
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| 0:00.0 | Hello everybody and welcome to Ask Rob and Rob, the show where you get your marvellous |
| 0:12.5 | questions in, and we do our very best to give you some half decent answers back. |
| 0:17.1 | This week we've got two great questions coming up, but before we get going here's just |
| 0:20.4 | a quick reminder of how you can get involved yourself. |
| 0:23.3 | We don't make it too difficult for you, all you've got to do is give us a call on 013 |
| 0:27.2 | 808 AAA 35, or head over to propertyhub.net slash ask. |
| 0:31.8 | Either one of those methods will allow you to leave us a voicemail, get your question |
| 0:35.6 | recorded, it'll wing its way over to us, and we, in the fullness of time, will answer |
| 0:39.9 | it, just like we're about to do now for Lily. |
| 0:42.5 | Hi Rob and Rob, my name's Lily, I'm a regular listener, thanks so much for your great podcast. |
| 0:48.2 | I recently put in an offer on a lease hold flat in a grade 2 listed building. |
| 0:52.4 | It was accepted, but then I just had my full building structural survey done, and it |
| 0:56.9 | did not get a clean bit of health at all. |
| 0:59.4 | The owners haven't taken good care of the building, even though, cosmetically, the building |
| 1:03.6 | looks gorgeous. |
| 1:05.2 | My question is, would that be enough to make you walk away from a purchase, or would |
| 1:09.3 | you try to use this to get a heavy discount on the sale price and nab a deal? |
| 1:13.5 | What rights do lease holders have when it comes to how much financial burden they will |
| 1:17.9 | receive with repairs? |
| 1:19.7 | I'm worried I'm working into a money sinkhole, I'd love your advice, thanks so much. |
| 1:24.8 | Hey Lily, thank you for your question. |
| 1:26.8 | I'm going to actually reverse your questions round and start with the second question |
... |
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