ASK510: Should I flip this property? PLUS: Can I make my savings work harder?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 10 February 2026
⏱️ 10 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Hi, I'm Rob and I'm Rob and this is Ask Rob and Rob. |
| 0:06.3 | Hey everyone, welcome to Ask Rob and Rob, this show where you get your wonderful questions in. |
| 0:11.7 | We give you some heartfelt answers, some answers with effort and care return to you for this wonderful format. |
| 0:18.3 | And this wonderful format has been going for a long time now. |
| 0:39.1 | So let's keep this show on the road. Let's get your questions in. Rob, can we get a quick reminder how our dear listeners can get their lovely questions onto the show? We sure can. All you've want to do is go to property hub.net slash ask. That's property hub.net slash ask. You can send us a written question for our signingly times column or our favorite option. Send us a voicemail. Then we can answer you right here on this show. Okay, let's listen to our first |
| 0:43.1 | question in from Ryan. Hi, Rob and Rob. It's Ryan here from South Wales. I've listened to the |
| 0:48.8 | podcast for a couple of years, trying to educate myself on property investing. And earlier this year, me and my partner purchased our first investment property |
| 0:57.7 | and we managed to secure a deal of 35,000 pound off the 120,000 pound asking price. |
| 1:04.3 | Now, the property was in need of some works, |
| 1:06.9 | and the plan was initially to refurbish and refinance the property. |
| 1:11.7 | However, as we close on the refurbishments, it seems that property in the local area does seem to be selling well, |
| 1:19.3 | particularly on the street that we've purchased the property. |
| 1:22.1 | And we were wondering, do we now sell the property instead and use that money to reinvest it in a maybe better |
| 1:30.1 | quality investment property and do this in a limited company as it seems to be the way forward |
| 1:36.3 | now given that the government seems to be penalising private rental owners or do we stick to |
| 1:42.2 | our initial plan and just refurbish and refinance the property? |
| 1:46.6 | Keep that property in our name and still purchase another Baita let property, but as a limited |
| 1:51.9 | company, the only problem is we may not be able to get a higher quality property with the amount |
| 1:57.4 | of money that is released after refinancing. I look forward to hearing your response and keep up the good work. |
| 2:02.6 | Ryan, thank you for your question. |
| 2:04.6 | It sounds like you've got yourself a great deal there. |
| 2:07.6 | You've used the word asking price, so you've got money off the asking price, |
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