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The Property Podcast

ASK488: Should I get rental insurance? PLUS: Is this a leasehold nightmare?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 5 August 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

Another Tuesday, another Ask Rob & Rob, and we’ve got two cracking questions lined up this week!   (0:55) After hearing Rob and Rob discuss being more open to rent insurance, Francesco wants to know: even if you’re in a strong financial position and can handle occasional losses, do the guys still think it’s worth doing, or is it just being overly cautious?  (4:34) James is in the process of buying his third rental property — a leasehold maisonette that initially appeared to be a great investment, but he’s since discovered a clause regarding large ground rent increases. After negotiating a deed of variation with the seller, he wonders if there are still risks he might be missing and asks Rob and Rob whether it’s worth proceeding or better to walk away.  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 here – just hit record!.  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.

0:05.0

Yes, it is Ask Rob and Rob. That weekly fixture will we answer two of your property questions.

0:12.0

We love it because there is so much variety. It always topics coming up that never have before.

0:17.0

And the reason that happens is you send in such good questions. And maybe Rob, that's because the way to do it is so easy.

0:23.0

It really is.

0:23.8

All you have to do is go to property hub.net forward slash ask.

0:28.3

And there you'll be presented a buffet of options.

0:31.4

You can write in and potentially see your question in the Sunday times being answered by our good selves.

0:37.1

Or you can call in and leave a voicemail

0:39.9

that way nobody will pick up don't worry just leave your voicemail you can take as many goes as you

0:43.8

want and leave a message that way or you can leave a message directly via that link whatever

0:49.5

you prefer it does not matter for this episode it helps it helps if its audio. Luckily, that's what

0:55.1

Francesco has done and we have a great question in. Hi, Rob and Rob. I'm Francesco from London. I've

1:00.8

been listening to your podcast since I moved here from Italy in 2017. I really enjoy it,

1:06.0

so thanks for all the great content. In a recent episode, you mentioned being more open to getting rent insurance

1:12.4

to protect against possible future losses. They got me thinking. Given that I assume you're in strong

1:18.2

enough financial position to handle the occasional loss and assuming the insurance premium is

1:23.9

fairly priced to reflect the current government reforms, do you still see it as a rational move?

1:29.7

Or could it be more about loss aversion, like kind of an idea

1:32.9

that we tend to fear losses more than we value equivalent gains?

1:37.7

So I'm curious what you think, Charles, Francesco.

1:40.6

I said this was a great question, and I think it is really good because sometimes people will go back

...

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