ASK399: Should I sell one to pay down the other? PLUS: What can I do with £20k?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 26 September 2023

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s time for your latest edition of Ask Rob & Rob. (0:43) Tim has two investment properties, one in Brighton and one in Worthing and as interest rates seem to be staying higher, he’s wondering what he should do with them. The property in Brighton has recently become vacant and both properties' fixes are due to end in 2024. So, he’s curious to hear what Rob & Rob think he should do. (5:04) Rob’s got around £20,000 in savings and he’s looking to get into property investment, so he’d love to hear what advice Rob & Rob have for how he can get started. 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.
0:03.2	And I'm Rob.
0:04.2	And this is Ask Rob and Rob.
0:06.8	Hello everyone.
0:07.8	Welcome to Ask Rob and Rob, the show where you give us your lovely questions and we give
0:12.2	you some hopefully lovely answers.
0:14.5	And this week we have two more great questions in.
0:17.7	And it's easy to do if you want to get your voice on the part or your name in the Sunday
0:21.9	times where we also answer questions, you can go to the same link.
0:25.6	It's propsyhub.net forward slash ask.
0:28.6	That's propsyhub.net forward slash ask where you can find the telephone number, a button
0:32.8	to leave a message or a link to the Sunday times.
0:35.9	Whatever you prefer, we do not mind.
0:38.3	But this week we've had two lovely audio questions in.
0:41.9	The first one in is from Tim.
0:43.9	Hi Rob and Rob, it's Tim here.
0:47.2	I just want to say thanks for all the content that you've done over the years, well for
0:51.8	information.
0:52.8	And I'm interested to hear your thoughts on the fact that interest rates seem to be
0:58.6	staying higher for longer over the next year or two.
1:02.6	I have two investment properties, one of own since 2014 in Brighton and one I've had
1:08.5	since 2019 in Worthing.
	...

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