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The Property Podcast

ASK394: Why avoid the South West? PLUS: Buy now, mortgage later?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 22 August 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Rob & Rob are back and they’re answering two more listener questions!  (0:39) Dale’s an avid podcast listener, and he knows Rob & Rob have previously mentioned that the South West isn’t the best place to invest, but he wants to know if this rings true for cities in the South West too.  (3:54) Dan wants to know if whilst interest rates are high, would it be a good strategy to purchase a lower-value property in cash, renovate it, add some value, then once interest rates come down, take a mortgage out on it?  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

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob.

0:03.0

And I'm Rob.

0:04.0

And this is Ask Rob and Rob.

0:05.6

Hello everyone, welcome to Ask Rob and Rob, the show where you get your delightful questions

0:11.0

in and we do our very best to give you a useful answer.

0:15.5

This week is though different, we're going to try our very best, we've had our coffee,

0:19.1

we're ready to go.

0:20.2

But before we do, let's give you a quick reminder of how you can get your question onto the

0:25.1

show.

0:26.1

So what you've got to do is call 013 808 0035, that's 013 808 0035 or head over to property

0:32.1

hub.net slash ask.

0:34.1

So all you need is a question.

0:35.5

The mechanism couldn't be easier and Dale is about to show you what the end result should

0:38.9

sound like.

0:39.9

I, Rob and Rob, this is Dale speaking, long term listener, subscriber and recent investor.

0:45.4

I love everything you're putting out there.

0:47.6

I have a couple of related questions if I can.

0:50.7

You have said recently that the Southwest is a place to avoid.

0:54.1

First of all, I wonder if this is maybe less relevant to cities, but even if it is relevant

0:59.1

to cities as well, does it really matter that it's had a boom during COVID?

1:04.3

And that's why it's a be avoided because if you're going to keep it long term, does it

1:09.0

not come back around once the other places around the UK have its place in the sun or

...

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