ASK444: Is this Labour rumour true? PLUS: Does my refinancing plan work?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.8 • 2K Ratings

🗓️ 3 September 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s time for your latest round of Ask Rob & Rob, and we’ve got some cracking ones this week! (0:37) Andy's come across an interesting article about Labour potentially tweaking the renter's reform bill. It mentions they might introduce a French-style hardship test. Is there any real substance to this or is it just rumour mill chatter? (3:11) Tom's got a chunk of capital and is considering a strategy to buy houses outright, refurbish them, and then remortgage to withdraw much of his initial investment. Now he’s wondering how banks will assess his remortgage applications; will it solely be based on the rental income or is there more to 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. Find out more about Property Hub Invest

Transcript

Click on a timestamp to play from that location

0:00.0	Hi, I'm Rob, and I'm Rob, and this is Ask Rob and Rob.
0:04.5	Hey everyone, welcome to Ask Rob and Rob, the show where you give us your marvelous questions.
0:10.7	They keep us going for over 400 episodes now and it's easy to get your
0:15.5	questions in which is probably why we've been going for over 400 episodes.
0:18.8	Rob let's give everyone a quick reminder how they can get on the show.
0:23.8	Your one link is all you need.
0:25.3	Property Hub. net slash ask.
0:27.4	If you go there you can send us a voicemail,
0:29.5	you can send us a written question for our Sunday Times column.
0:32.2	It all starts at Property Hub.
0:33.6	dot net.
0:34.6	Ask. And that is in a simple instruction that Andy managed to follow.
0:37.8	Hi Robin Rob, Miss Andy here. Hope you're well. That's a good weekend.
0:42.3	I start that time to find you a question based on a telegraph article on the source of August,
0:49.1	which is basically saying that the labour wants to increase the, well I think the harshness of the rental reform bill
0:54.8	by actually adding in the French heart, harshness test with regard to removing tenants through
0:59.3	a property if they act up, don't pay etc. So I just want to understand what your opinion is this.
1:04.6	Andy, thank you for your question.
1:06.2	So obviously the answer is we don't know because no one has any insight
1:09.2	into what labour are actually going to do.
1:11.4	They themselves probably don't know at the moment exactly what they're going to do. They themselves probably don't know at the moment exactly
1:13.7	what they're going to do. But I'll explain what the process will look like and
	...

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.