ASK385: I'm making a loss - what should I do? PLUS: What do I do with my deposit?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 20 June 2023
⏱️ 9 minutes
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| 0:00.0 | Hello everyone and welcome to Ask Rob and Rob, the show where you get your questions |
| 0:11.2 | in and we give you our best efforts at an answer and that format has been running for |
| 0:15.7 | a lot of episodes now. |
| 0:16.7 | Let's a popular one, so let's continue that road show and remind you how you can get |
| 0:22.1 | involved and get your very own question answered. |
| 0:25.2 | Yep, oh so simple, give us a call on 013 808 0035 or go to property hub dot net slash |
| 0:32.2 | ask. |
| 0:33.2 | Just come up with your question, send it over and you'll soon have your answer. |
| 0:36.4 | Okay, so let's listen to our first call in from David. |
| 0:39.8 | Hi Rob and Rob, it's David from Northampton here. |
| 0:43.7 | I love your show, I listen to you every Tuesday and Thursday on my way to work and I really |
| 0:48.4 | appreciate to all the insightful and original content you guys put out there. |
| 0:53.2 | I've got a question about negative cash flow. |
| 0:56.3 | My wife and I have earned a tennis house in East London for a number of years, I've |
| 1:00.7 | been told years isn't the best, but it's an airport folio for capital appreciation and |
| 1:06.0 | the interest rates have been so low for the last few years we've been able to make a good |
| 1:09.7 | then to then come from it too. |
| 1:11.6 | The issue we have is that in a few months time our current mortgage deal comes to an end |
| 1:16.6 | and to leave finance we're going to be looking at a rate that will affect the beach to |
| 1:19.8 | pull out monthly interest payments. |
| 1:22.6 | The interlinkum that we're achieving is already in line with the market in the area so even |
| 1:27.0 | if we can make another small increase our interlinkum is no longer going to cover our outgoing |
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