ASK433: How do I value new build properties? PLUS: Are flats with cladding an opportunity?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 18 June 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
Rob & Rob are back to offer their advice to two more listeners!
- (0:45) Mussa is curious to know if flats with cladding still face a negative perception, even with EWS1 certificates. He seeks Rob & Rob’s advice on whether these properties offer good capital growth potential or should be avoided as property investments.
- (3:48) Thomas is at a loss on how to properly value new build properties since there are no comparable ones in the area. He turns to the guys for their expertise and guidance.
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Transcript
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| 0:00.0 | Hi, I'm Rob. |
| 0:03.2 | And I'm Rob. And this is Ask Rob and Rob. |
| 0:05.2 | Hello everyone and welcome to Ask Rob and Rob, the show where you get your questions in, |
| 0:11.5 | often property related, and we will give you our best |
| 0:15.2 | attempt and a good answer and we have rolled this concept on now for well |
| 0:19.5 | hundreds of episodes so let's keep this show on the road by reminding you how you can get |
| 0:25.1 | your questions in to the show. |
| 0:27.0 | Yep, so so easy. You just have to go to Property Hub. |
| 0:29.5 | Net. Ask. And from that page you can send us a voicemail, you'll find a phone number if you want to go old |
| 0:34.8 | school, or you can submit a written question for our Sunday Times column. All those methods wrapped up for you |
| 0:40.3 | in one place at Property Hub. And one person who found his way to that page is Musa. |
| 0:46.0 | Hi Robin Rob, it's Musa here. |
| 0:49.0 | Thanks for a little great content you've put out over the years. |
| 0:51.0 | I found it really helpful and it's really helped me to propel on my property journey. |
| 0:57.0 | I just wanted to get some thoughts from you guys around investing in flats with cladding. Flats with cladding now come with |
| 1:06.3 | EWS 1 certificates but I wanted to get your guys opinion on whether flats with cladding are still frowned on and whether they would still hold their value given the recent issues with cladding. |
| 1:20.0 | Does EWS 1 negate those issues and would they do well in terms of capital growth in the future or would you advise to steer away from it any system built or plaits with any cladding on them. |
| 1:34.0 | Would really love to hear your thoughts, thanks very much. |
| 1:36.8 | Thank you for your question. |
| 1:38.0 | There's a few things going on here. |
| 1:40.3 | So the simple bit is that if a block has an EWS1 certificate, then there is no problem. |
| 1:47.4 | Obviously you never know what's going to happen in the future. |
... |
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