meta_pixel
Tapesearch Logo
Log in
The Property Podcast

ASK338: Is remortgaging risky? PLUS: Should I buy in an expanding village?

The Property Podcast

Rob Bence & Rob Dix

News, Investing, Education, Business, Business News

4.82K Ratings

🗓️ 21 June 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

Rob & Rob have two fascinating questions to answer this week!  First up is Lukas, who’s asking a question right of the back of attending a webinar (a seriously dedicated listener!). Now the market is hot, Lukas has got an opportunity to pull cash out of his properties.   However, he refinanced a property in the past only to have it valued under what he paid for it. As Lukas thinks there will be a crash in the next 2-3 years he’s worried about prices dropping in a crash leaving him over leveraged.  Rob & Rob have some excellent advice for avoiding this trap – and also some cautionary words about a crash.  Next up is George from Bristol, who’s in the process of buying a home to live in. It’s in a village, which isn’t something we usually discuss on the podcast, but as it’s for George to live in rather than a rental. However, he’s discovered that there is planning permission for homes that will double the size of the village.   So now he wants to know, will this extra supply negatively affect house prices? Rob D has seen this explosive growth in houses happen before so he’s pretty sure he knows what is likely to happen next.  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.  And if you’d like to find out more information about Portfolio you can do that here.  See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob, and I'm Rob, and it says Ask Rob and Rob.

0:07.8

Welcome to Ask Rob and Rob, it's Tuesday, we're back once again answering your property

0:12.3

questions. Well, maybe not yours, unless your name is Lucas or George, but we could answer

0:16.6

yours, couldn't we, Rob?

0:17.6

We definitely should have put those names the other way around, but it doesn't matter.

0:21.2

I'm sure the property answering force will be with us, and if you want your questions

0:25.3

answered, you don't need to use the force, you just need to use one of these methods.

0:29.8

You can call in at 0138083035 or you can go to property hub.net forward slash Ask.

0:37.3

Either way, it's super simple, so get your question in, but before you do that, let's listen

0:42.2

to what Lucas has to ask.

0:44.3

Hey Rob and Rob, just listen to my first webinar and enjoyed it.

0:49.0

Thank you very much on the talk of returns formula.

0:51.4

The question I've got is that a couple of years ago, I remorgaged the property and the

0:57.9

valuation was slightly under the original purchase price for a couple of years previous,

1:04.1

so I had to put some extra cash in when I remorgaged.

1:07.6

The concern I've got is remorgaging other properties that I own over the next couple

1:12.4

of years.

1:13.4

Price has been high, getting a good bit of leverage and getting some money back out, but

1:17.0

then when I come to remorgage again, in say two years time, five years time, prices

1:22.2

have plummeted after a crash and I've got to put a lot more money in.

1:26.1

I just wondered what your thought advice should be on that.

1:29.4

Thank you.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Rob Bence & Rob Dix, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rob Bence & Rob Dix and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.