ASK438: Should I change my "cheap property" strategy? PLUS: Help me challenge my service charge!

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.8 • 2K Ratings

🗓️ 23 July 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s time for your latest edition of Ask Rob & Rob! (0:51) Rick owns a buy-to-let property with his business partner, which provides good yields but slow capital growth. With £50K to invest, he plans to start his own property portfolio, focusing on capital growth and rapidly increasing his number of properties. Unsure of the best strategy to achieve his goals, he turns to Rob & Rob for their advice. (5:16) Luke’s disputing the service charge on his leasehold property as the cost has quadrupled this year without any explanation. He’s requested to see individual invoices and receipts for the maintenance costs and wonders if he has the right to this detailed information and if the freeholder is obligated to provide it before he makes the payment. 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. Find out more about Property Hub Invest

Transcript

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0:00.0	Hi, I'm Rob.
0:03.2	And I'm Rob.
0:03.8	And this is Ask Rob and Rob.
0:06.8	Welcome to Ask Rob and Rob.
0:08.4	We are back once again.
0:09.8	It's a lovely sunny day.
0:10.8	Well, I hope it is.
0:11.8	I have no idea what it is when you're listening to
0:12.8	this but it is while we're recording and we've got two questions to date from Rick and Luke
0:16.8	heading your way but first if you'd like to appear on this show how do people do it Rob?
0:21.6	It's very simple Rob very simple indeed you go to property hub
0:25.2	dot net forward slash ask where you'll be able to leave a message voice message for your
0:30.7	computer you can access the phone number and leave a
0:34.1	answer phone message that way if you prefer or if you want a written question and
0:38.1	you potentially want to appear in the Sunday Times then the links for that are available there as well.
0:43.2	So that's Property Hub.
0:44.0	dot net forward slash ask.
0:46.3	Now luckily, Rick has followed that process to a T and given us a great question,
0:50.5	so let's have a listen.
0:51.9	Hi Robin Rob, Rick here from Leeds.
0:54.0	First off, I just want to say a huge thank you for all of the podcasts.
0:56.0	I got into Property Investment last year and I couldn't have done it without all the free content you've created.
	...

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