Hello everyone and welcome to Ask Rob and Rob. This show where you get your questions

in and we answer them. It's a simple format but it's a popular format. That's why we've

done so many of them now. And also it's really, really easy to get your questions in.

So why hesitate. Let us answer them. Yes, just give us a call, 0138083035 or you can

head over to our website propertyhub.net-ask and leave us a message there. Get your question

in. Oh, I think I can hear something ringing. Someone's doing it right now. Who's that?

Hi Rob and Rob, it's Amy from Oxford. Thank you for such a helpful and engaging podcast.

I just had a quick question around overpaying for property. My fiancee and I are first time

buyers and we've been looking for our first home for over a year now. And a lot of the property

that we've seen has had so much interest that it's gone to the old bids and sold for 30,000

more above asking. So compassionally, we've been offering 5 to 10 above asking plus first

time buyer and it's not really of interest. I was just wondering what your thoughts are

on this. We're reluctant to overpay for fear that if we come to sell in 5 to 10 years

time, we either won't make that money back in less heated market or we'll just essentially

have lost out on a few years of capital growth because of that. My question is this, are

we right to be cautious or in this sort of market is overpaying just what you have to

do. I'd really appreciate any thoughts on that and thank you so much for your help.

Thank you for your question Amy. So it's challenging right? I can understand why this is bothering you

so much and what is happening right now. It's not just happening in your area, it's actually happening

across many parts of the country. But I'm going to challenge you a little bit here and please

don't take this as me telling you off of being stern. I think it's going to be really useful for

you and for everybody else listening who's operating in this market. We've said on the podcast

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