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

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.8 • 2K Ratings

🗓️ 17 January 2017

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

It's time for another couple of questions in this week's edition of 'Ask Rob & Rob'. This week Tom & Reece ...Ask Rob & Rob – What's the minimum acceptable lease length? ...and are guaranteed yields too good to be true? The Robs give their take on these topics. What do you think? Head over to the forum to discuss. ASK YOUR OWN QUESTION TO ROB & ROB! Don't be shy! All you need to do is leave a message with your name and whatever's on your mind. Just pick up the phone and call 013 808 00035 (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. NEED MORE ANSWERS? The Property Hub Summit is the place to get all your questions personally answered by Rob & Rob, and build a network of other smart, motivated investors. Over the course of a full day at a swanky hotel we'll help you set your goals, form a plan to get you there, overcome your obstacles, and give you the support system you need to make sure nothing gets in your way. Just don't hang around - there are only four Summits each year, and just 16 places available at each! Interested? Click here to find out more. See omnystudio.com/listener for privacy information.

Transcript

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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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