ASK78: Two questions about funding deposits

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.8 • 2K Ratings

🗓️ 28 February 2017

⏱️ 9 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's questions come from Lisa and James who... ...ask Rob & Rob... Two questions about funding deposits. The Robs give their take on this topic. 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	Hi I'm Rob and I'm Rob and this is Ask Rob and Rob.
0:05.0	Hello and I'm Rob and Rob.
0:08.0	Hello and welcome to Ask Rob and Rob
0:13.0	where this week I'm not quite sure what's going to happen.
0:17.0	Of course I am.
0:18.0	We're going to answer two questions just like we always do.
0:20.0	And thankfully we've got two crackers in from our listeners this week.
0:23.6	If you'd like to submit your own, really easy for you to do so.
0:26.4	It certainly is, you get your telephone out and you call 013 808, triple 035, or probably on your telephone as well, you can go to the website the Property Hub.net
0:37.0	forward slash ask. That's the Property Hub.net forward slash ask. Either way, super simple, leave us a question, that's what these two
0:45.2	fine human beings have done. First up is Lisa. Hi Robin Rob, this is Lisa. I just like to
0:52.1	say thank you very much for the podcast. It's been really, really helpful.
0:55.0	I've got three rental properties and I'm in the process of trying to buy my fourth and each time I've bought a new property,
1:01.0	it's been through refinancing and releasing equity on one
1:04.0	and more of the existing portfolio. The problem is that now that the mortgage changes are coming
1:09.1	into effect it's much harder to do that on LTV value alone.
1:12.7	And so the amount that I can raise
1:14.7	is getting less each time.
1:16.4	I'd like to keep buying, but I'm not sure
1:18.2	how to raise the deposit now.
1:19.8	Is it just a matter of saving up
1:21.5	or are there other options that might be out there?
	...

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