ASK388: Are things about to explode? PLUS: Should I buy a property with non-paying tenants?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 11 July 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Happy Tuesday! We’re back with some more listener questions! (0:30) Tony’s got a question on the 18-year property cycle. He wants to know if lenders offering 100% mortgages means we’re about to see the boom phase. (3:30) Rob’s seen a property to buy that’s already tenanted. The issue is that the tenant isn’t currently paying rent as they can’t afford it. Should Rob still buy the property? Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hi, I'm Rob, and I'm Rob, and this is Ask Rob and Rob.
0:07.0	Yes, it's Tuesday, it's Ask Rob and Rob time.
0:10.0	That means two questions, two answers.
0:12.0	And you can be a part of it.
0:13.0	You can send us your question.
0:14.0	Here's how you do it.
0:15.0	Super simple.
0:16.0	If you want to call in or leave a message via the website, just go to
0:19.0	propertyhub.net, forward slash, ask all the details that are there.
0:23.0	It is so simple that we've got, again, two more wonderful questions in.
0:28.0	First of which is Rob Tony.
0:30.0	Hi, Rob and Rob, it's Tony from Bristol here.
0:33.0	Thanks for all the great content.
0:35.0	I've got a question regarding the 18-year property cycle.
0:38.0	Given the announcement for 100% mortgages for first-time buyers from one of the lenders,
0:44.0	are we about to see the growth stage of the 18-year property cycle?
0:49.0	Really welcome your thoughts on this.
0:51.0	Thank you, bye-bye.
0:52.0	Tony, thank you.
0:53.0	The 18-year property cycle, that's really interesting.
0:56.0	And I'll come on to that in a moment.
0:58.0	But the 100% mortgages, will that create a property boom?
	...

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