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The Property Podcast

ASK72: What’s the minimum acceptable lease length? PLUS: Are guaranteed yields too good to be true?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 17 January 2017

⏱️ 11 minutes

🧾️ Download transcript

Summary

What's the minimum acceptable lease length? PLUS: Are guaranteed yields too good to be true?

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Rob. And I'm Rob. And this is Ask Rob and Rob. Hello everyone and I back to Ask Rob and Rob where you send us questions and we answer

0:16.0

them every single Tuesday.

0:18.6

And this Tuesday is no different because you keep sending your lovely questions in and that's probably because one we

0:24.6

answer them and two we make it very easy for you to do so so if you'd like to get your

0:28.6

question in a quick reminder on how to do that Rob.

0:31.1

Yep just call oh 1 808,00035.

0:35.0

So that's 013 808 triple oh 35.

0:39.0

Leave us a voicemail there or leave us a voicemail via the Property Hub.

0:43.0

dot net slash ask.

0:45.0

Dead easy, so easy, two people have done that this week.

0:48.0

The first of whom is Tom from Manchester.

0:50.0

So let's hear what Tom's question is. Hi Robin Rob, this is Tom from Manchester.

0:55.0

Firstly, thank you for providing some really useful resources on property

1:00.0

podcast and your website.

1:02.0

It's really useful for beginning investors such as myself to

1:04.4

sift through everything that's involved in property investing it's a real big

1:08.1

help so thank you for that I've got a question regarding leaseholds on flat.

1:13.6

So me and my partner are looking to buy a flat in stockport.

1:18.2

It's a good price and we're quite happy with the flat looking to make an offer but we've found out that the

1:24.1

lease term remaining is 89 years. I'm aware that when you get to around the 80 year mark, things

1:32.1

like marriage value kicking and extending the least term

1:34.7

can become a lot more expensive because we're going to be holding it for the medium

...

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