ASK395: Should I buy outright? PLUS: Is it time to cut my losses?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 29 August 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rob & Rob are back to offer their advice to two more listeners! (0:48) John is going to completing on a couple of buy-to-lets in October and he’s wondering with how the mortgage market is right now, should he buy them outright now and then when the market calms, remortage? (4:22) Noel owns an ex-council flat in South West London that has a good rental yield, but he’s recently become aware of some mortgage issues with the flat due to it being built with LPS concrete (large panel system). Based on this, should he cut his losses and sell up, or hold out and wait if the value of his property increases and becomes more mortgagable in the future. 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.
0:03.3	And I'm Rob.
0:04.2	And this is Ask Rob and Rob.
0:06.0	Hello everyone, this is Ask Rob and Rob.
0:08.8	The show where you get your questions in and we give you some lovely answers.
0:13.2	Those questions are obviously a normally property related and we've got two great questions
0:16.6	coming up.
0:17.6	But if you like this and you like us answering your questions, make sure you check out
0:20.6	the Sunday Times each and every week.
0:23.1	In the home section, we answer more of your questions there.
0:26.5	So make sure you pick up a copy and check out our answers.
0:29.6	Before we get into this show's answers, let's give you a quick reminder of how you can
0:33.9	get yourself on this lovely show.
0:35.9	Yep, all you've got to do is call 013808035 and leave us a voicemail there or just head
0:42.0	to propertyhub.net slash ask and submit your question there.
0:46.0	But for now, let's have a listen to our first question from John.
0:48.5	Hi Rob and Rob, it's John here from Horsham, hope you're good.
0:52.6	I'm in a position where I'm about to, well, in October, I'm going to be completing
0:58.6	on a couple of properties, a couple of bite-a-letts.
1:01.9	One of them is actually yours, one of your properties from propertyhub.net invests in
1:06.9	Derby.
1:08.1	So I'm just wondering, basically, obviously with mortgages the way they are and the high
	...

Please login to see the full transcript.

Previous episode | Next episode

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.