ASK390: I'm scared of my property falling in value! PLUS: How do I set up a company?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 25 July 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s time for your weekly dose of Ask Rob & Rob (0:38) Tom is close to completing his second property but the news on interest rates has got him worried. Will rising interest rates impact house prices and what should he do if the value of his newly purchased property goes down? (3:15) Ben is considering setting up a limited company to invest through, but he wants to know how he would go about it and are there any barriers to entry he should be aware of. Links Mentioned Should You Buy a Property in a Limited Company in 2023? 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.
0:03.6	And I'm Rob.
0:04.6	And this is Ask Rob and Rob.
0:06.6	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	It'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.
0:25.1	Yep, oh so simple, give us a call on 013 808 0035 or go to property hub.net slash ask.
0:33.2	Just come up with your question, send it over and you'll soon have your answer.
0:36.4	Right, let's listen to our first question in from Tom.
0:39.9	Hi Rob and Rob, thanks for the great content you're putting out.
0:43.3	You've inspired me to get into the bike-let world.
0:46.2	I've currently got a second property going through.
0:48.9	I'm a bit concerned that because of everything happening with interest rates and the possibilities
0:54.4	that they're going to increase again and house prices may take a dip.
0:58.8	I've got a property going through at the moment and I'm worried that if it does go through
1:04.5	then it could potentially be worth less in a couple of months time than why I've actually
1:10.3	paid for it.
1:11.3	I'm wondering what my options are.
1:13.5	I appreciate any guidance you can give on this.
1:16.5	Tom, thank you for your question and I'm going to just say it, it doesn't matter.
	...

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