The Property Podcast

It’s episode 400! So we’re taking a look at Rob & Robs property investment journeys The Robs property investment journeys have been going for much longer than 400 episodes. But what have they experienced along the way?  Luckily for you, The Robs are sharing their investment journeys with you as well as their experience.  So when you make your own mistakes, not only will you learn from them, you’ll also profit from them. Here’s what to expect on this week’s property podcast episode  Not only are Rob & Rob sharing their personal story and what they’ve learnt, they’re also taking a look at what’s changed in the property market over the last eight years. When you hit a milestone like 400 podcast episodes, it’s a good time to reflect and take a look back on where you’ve come from.  So here’s what The Robs are taking a look at in this week’s episode: The 18-year property cycle Is the 18-year property cycle still on track or will there be a crash in 2021? In this past podcast The Robs shared how to predict future property prices. Is that still the case? Never sell a property  In the early days of The Property Podcast this was a firm opinion of Rob & Rob. You can even listen to that podcast episode here.  Even Robert Kiyosaki said the same thing not so long ago on The Property Podcast. Is that still the case? Plus… Rob & Rob will also be discussing assets and the top performing cities. What were they 400 episodes ago and what are they now? Tune in to find out.   In the news This week we’re talking about what others seem to have missed:  ‘Bank of England pumps more stimulus into economy in bumper QE round’. Another £150 billion of QE has been pumped into the economy which is just crazy. Back in 2009 of the financial crash, £200 billion of QE was put into the economy, and we all know how bad we thought that was.  In total, the amount of QE in 2020 as a response to the Coronavirus pandemic has totaled £450 billion.More than double the amount of the 08/09 financial crisis!  We can’t get over why this hasn’t been made more of a big deal.  If you’re interested in QE then go back to this podcast episode where Rob & Rob discuss how it impacts property prices.    Hub extra This week for Hub Extra, we’ve got a bit of a follow on.  Previously Rob D has recommended a book called ‘A Bit of a Stretch’ by Chris Atkins which took the title of his favourite book of the year. But now there’s a new podcast with the same name and on the same topic. So, if you didn’t read the book, give ‘A Bit of a Stretch - The Podcast’ a listen.   Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.See omnystudio.com/listener for privacy information.

It’s Tuesday and that means The Robs are back for another episode of Ask Rob & Rob. First up this week we’ve got Jason and Stacie. They’re considering setting up a limited company with the goal to have around 20 buy-to-let properties in six to eight years. They want each property to bring in a £200 profit, once they’ve deducted all costs from the income. At the moment they have £10,000 in savings and their own residential property where they owe £72,000 on their mortgage, and the property has been valued at £120,000.  They’re wondering which option is best for them. Remortgaging their home to release the equity, or use that equity as a deposit for bridging finance and remortgage the buy-to-let property, in order to repay the bridging finance? Now we know Rob & Rob are all about using leverage, but what do they think about bridging finance? Our second question this week is from Dave. He’s doing the background work on wanting to buy his first property investment and he wants to know if £20,000 is enough money to get started? However, he’s wondering if this is even realistic as even the cheaper properties require refurbishing which naturally costs money.  So, is it possible to start your property investment journey with £20,000? Tune in to find out.   Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).  Or if you prefer, click here to leave a recording via your computer instead. The next question on Ask Rob & Rob could be yours.  Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.See omnystudio.com/listener for privacy information.

Here’s what the November market update has in store for you Lockdown begins. We all go on a mortgage holiday. Boris promises a new mortgage product. Surveyors downvalue properties by 20%, but the experts say the market is on the up!  And that’s not even the half of it.  There’s so much to cover on the November market update, we could be here all week.  Here’s what to expect on this week’s property podcast episode To wet your taste buds, here’s a brief overview of what Rob & Rob are discussing on the November market update: The new lockdown Extension of the mortgage holiday Evictions have been delayed again Boris is bringing back 95% mortgages  Stamp duty backlog  Down-valuations House prices Lloyds house price forecast  There’s certainly plenty to get through this month. So make sure you’re comfy as we dive straight into the November market update.   Coming soon We’re excited to announce that from next week we’ll be bringing you brand new weekly webinars that are completely free.  These webinars cover everything you need to know about getting started in property.  You may be thinking, ‘how is this any different to all the other free content you’ve shared around this?’ Well, these webinars will bring you a framework to work off and give you the opportunity to ask questions you’ve always wanted answering.  If you’re new to property and are wondering how you get started, or even if you’ve been doing it for a while but feel like you’re lacking direction and strategy, this is the webinar for you.  It covers everything you could possibly want and need to know. They’ll be running three times a week at various different times so you’re bound to find a time that suits you.  If you’d like to secure your free virtual place for next week, go and do it right now, right here.    Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.See omnystudio.com/listener for privacy information.

Welcome back to another fantastic episode of Ask Rob & Rob! Kicking off the podcast this week we’ve got Alex from London who has a question regarding mortgages.  She’s been struggling to get one at a 75% loan to value rate. Her broker has informed her that’s where the market is at and she’ll have more options at 70%. Is this the case, or is her broker steering her in the wrong direction? Next up we’ve got Rosa who has a question about buying in London. She knows that she 100% wants to own her own property in London as that’s where she was born and raised.  However, she’s aware that investing in London probably isn’t the smartest of moves right now.  So, can Rob & Rob offer Rosa some advice on a compromise between getting what she wants and making a smart investment? Tune in to find out.   Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).  Or if you prefer, click here to leave a recording via your computer instead. The next question on Ask Rob & Rob could be yours.  Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.See omnystudio.com/listener for privacy information.

Getting your property let is key to being a successful landlord  But when it comes to getting your property let during lockdown, that’s a bit trickier.  So why not try and turn this situation on it’s head and make the most of a bad situation?  We’ve said it before and we’ll say it again... in times like this you need to innovate and adapt to the challenges you face. You need to work smarter and harder.  And, if you do this now and continue to do it when the world goes back to some form of normality, you’ll be in an even stronger position.  Here’s what to expect on this week’s property podcast episode  If you’ve got a property that you’re struggling to get let, or you’ve just had a tenant that’s handed in their notice, fear not.  This week on The Property Podcast, The Robs are giving you their tips and tricks on getting your property let, each and every time.  In this episode the guys are going to take a look at what you need to do before, during and after marketing your property.  Keen to find out what the top tips are for getting your property let? Tune in to find out.   In the news  If you’re not a fan of fury friends then you may not like the news story we have for you this week.  ‘MP launches Bill to outlaw pet discrimination by landlords’. The aim behind this Bill is to stop landlords from outright refusing a tenant application who owns a pet. Now they’re not saying you have to allow people with pets, but you will have to consider them like you would anyone else. As you can probably imagine, this hasn’t gone down too well with landlords. In some cases, landlords would charge a higher deposit to a tenant with pets in the event of any damage.  But now you can’t even do that due to the five week deposit cap. Whether or not this Bill will pass, we’ll just have to wait and see. In the meantime, there is a thread on this topic over on the forum so make sure you head over there and give your views on the matter.    Hub Extra  This week, Rob B has got a couple of book recommendations for you.  These books are ideal for anyone who runs a business, is high up in a business or just simply wants to understand business.  They are, Rockefeller Habits and Delivering Happiness.  Both books are very different. Rockefeller Habits will give you an idea on how to run a business and Delivering Happiness will guide you on how you can deliver a great service.    Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week! See omnystudio.com/listener for privacy information.

Welcome back to Ask Rob & Rob! It’s Tuesday, and that means we’ve got another two property questions that need answering. First up this week we’ve got Pauline from Gothenburg in Sweden!  She has a property in the UK which she purchased 5-6 years ago thinking it would be her forever family home.  The property is in a rural part of Scotland where demand isn’t that high in terms of renting or purchasing.  It’s been on the market since the beginning of lockdown and it’s just not selling. The agent has now suggested that Pauline turn it into a rental.  However, she already has four other rental properties in other parts of Scotland that have the fundamentals, whereas the location of this property, doesn't really have the rental fundamentals needed to make it a success.  So now she’s wondering if she should drastically drop her asking price and take a loss, or if she should put it on the rental market?  Next we’ve got Jeremy who’s got a concern about his potential remortgage offers.  He’s got a couple of apartments in developments that have cladding issues, following on from the Grenfell disaster.  Now Jeremy is wondering if the cladding is going to cause issues for him, should he want to remortgage?  More so if he’s looking to pull money out of the properties and refinance.  So, will cladding issues affect the ability to remortgage? Tune in to find out.   Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).    Or if you prefer, click here to leave a recording via your computer instead. The next question on Ask Rob & Rob could be yours.  Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.See omnystudio.com/listener for privacy information.

What impact has coronavirus had on rental arrears? It’s safe to say that coronavirus has had the opposite effect on house prices than what we originally thought it would. But what about rental arrears?  Understandably, tenants have struggled more than ever to pay their rent. The government has even put in considerable measures to stop you from taking action against those tenants.  But what impact has the coronavirus actually had on rent arrears? Here’s what to expect on this week’s property podcast episode There’s been a lot of contradicting surveys out there which makes it harder to actually know what the real impact has been.  But Rob & Rob have recently come across a report from Pay Prop which gets into this data - and that’s what The Robs are going to be picking apart. The data looks at actual transactions from thousands of different tenants, so you can guarantee it to be more reliable than the numerous surveys asking landlords for their individual thoughts.  While the effects of coronavirus are being felt across the country, this led us into looking at tenant arrears as a whole.  If you’re a long-time listener, you’ll know that choosing where to invest is one of the most important things you need to consider when investing in property.  Because, believe it or not, there are a few areas in particular where a huge one in four tenants are in arrears.  Where are these areas?  That’s exactly what Rob & Rob are discussing on today’s episode.  Tune in to find out.   In the news  Maybe it’s the time of year, but we’ve come across one news headline that’s terrified us. ‘Boris Johnson’s 95% mortgages will put Britain back on course for a house price crash’. Like Rob B, many others thought it was going to support the market when in actual fact it’s going to cause a crash! However, like all good headlines, there is one major factor that The Guardian have missed out of this story.  The fact that 95% mortgages will first bring about a property boom and then a crash.  Which shouldn’t surprise you if you know how the 18-year property cycle works. There’s a crash after every boom. If that wasn’t enough, we’ve found another headline which might not seem as interesting, but has the potential to be a bigger story.  ‘John Lewis to build and furnish private rental properties’. The standard of the rental market seems to constantly be upping its game. And it seems that John Lewis wants a piece of the pie. The owners of the company also own Waitrose and therefore already own a lot of land and they want 40% of their annual income to come from somewhere other than retail. Hence why they’re turning to property.  Not only will all properties be furnished with John Lewis furniture, there will also be a food delivery service for tenants from Waitrose.  These are certainly going to be high-end properties.   Hub Extra  Do you hate cookies?  No, not the biscuit kind. The ones that pop up on every website you visit. Well, so does Rob B and after moaning about it to Rob D, he was introduced to this nifty little tool.  It’s a browser extension called I don’t care about cookies. It works across all major browsers, simply just install it and the majority of those annoying pop ups will be blocked.  So now the only cookies you need to concentrate on are those that you’re dunking into your brew.   Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.   Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.See omnystudio.com/listener for privacy information.

This week on Ask Rob & Rob we’re talking about buy-to-let mortgages with no income and whether Cardiff is a good investment hotspot.  So, our first question this week is from Michelle.  Michelle and her partner now have the money to invest in property and they think that now or January 2021 is the perfect time to purchase their first buy-to-let property. They’re not currently married and at the moment Michelle is a stay at home mum, but she does have a professional background.  She doesn’t have a mortgage in her name, so therefore thinks it makes sense to put the investment property in her name to avoid stamp duty costs. Her partner is also a 40% tax payer so it also makes sense for the rental income to come through Michelle.  But what Michelle now wants to know is, how can she get a mortgage without an income? Is it even possible? The second question this week has come in from Alex. He currently lives and invests in Cardiff as he believes it has all the fundamentals.  Alex has noticed that Rob & Rob have never touched on Cardiff, or any city in Wales for that matter, on any of the podcasts.  So he’s now wondering if that’s because The Robs don’t see Wales as a good investment location, or just because there are better opportunities in other cities.  Do Rob & Rob just not like Wales? Or is there a reason they’ve never chosen a Welsh city as one of their property hotspots? Tune in to find out.   Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).    Or if you prefer, click here to leave a recording via your computer instead. The next question on Ask Rob & Rob could be yours.  Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.See omnystudio.com/listener for privacy information.

What is delayed gratification?  Back in the 1970’s a psychologist named Walter Mischel performed an experiment on children to monitor their behaviour.  He placed a marshmallow in front of them and told them if they didn’t eat that marshmallow by the time he came back in the room, they could have two.  You may have seen something similar doing the rounds on social media with parents trying a temptation test on their children.  The idea behind the experiment was to see if the children could resist having something pretty good right now, to gain something even better in the future.  That’s delayed gratification.  Here’s what to expect on this week’s property podcast episode  Believe it or not, delayed gratification plays a part in investing today. It means having money now, and not spending it so your life can be better in the future.  So in this week’s episode The Robs are going to share some real life examples of why it can be damaging not to delay gratification, and are also sharing their thoughts on how you can do it more successfully.  In these real life examples we’ll hear about one family who spent every penny they had coming in.  They would buy fancy cars, live in a big house, go on expensive holidays, but they didn’t have a savings pot for a rainy day.  On the other hand we have a guy who’s worked hard for eight years and sometimes thought about giving up. But he didn’t, he persevered and now he has his 10th property and is financially independent.  How can delayed gratification affect your property investment dreams?  Unfortunately, the majority of the country works like the first example.  We want everything handed to us, we want things quicker and we want them now. A lot of us aren’t willing to wait for the things we want, we’re a pretty impatient generation.  And of course, social media can play a big part in this. You may see someone on social media that’s living out your property investment dreams, or it at least looks that way. But it might not actually be true.  Sometimes your ego can get in the way of this. You may feel like you’re in competition with other people who are doing the same thing as you. And that’s where your downfall will be.  So, how can your ego and delayed gratification affect your property investment dreams?  Tune in to find out.   In the news This week we’ve got two news stories for you that we couldn’t not talk about.  The first is ‘Boris Johnson plans 95 per cent mortgage scheme’. In the latest conference a few weeks ago Boris Johnson seemed to put property at the top of the agenda and introduced generation buy.  In a nutshell, this seems to be a rebranded Help to Buy scheme trying to encourage mortgage providers to offer 95% mortgages.  The second news story we wanted to share is ‘House prices soar by 7.3% in September’ from the Halifax. This is the steepest annual increase since June 2016 according to their latest index. It’s absolutely bonkers that this is happening during a pandemic and we’ll certainly be going into more detail on this in the market update in a few weeks time.   Hub Extra For Hub Extra this week we’ve got a quote that ties in pretty well with today’s podcast topic and it’s from Abraham Lincoln. ‘Discipline is choosing between what you want now and what you want most’. It’s all about what you want the most in the world and if you’re able to make short term sacrifices in order to obtain the thing you want the most.    Let’s get social We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do. Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.See omnystudio.com/listener for privacy information.

Welcome back to another episode of Ask Rob & Rob. First up this week is Matt from York. He’s a long-term listener and has finally got in touch to ask a question around stamp duty. Matt has a couple of houses that are currently under his personal name. So he’s wondering if now would be the ideal time to move those properties into a limited company?  The reason for this is that stamp duty is currently at its lowest and he’s wondering if it will be beneficial to move his properties into a limited company. Our second caller this week is someone we’ve called Samuel.  Unfortunately Samuel invested a lot of cash into his property education and has found that he’s not getting much more from that than what he’s getting for free from Property Hub.  After looking into the hotspots that we recommend, he’s wanting to know why Rob & Rob have never recommended Huddersfield as a place to invest?  There’s a university, the prices are pretty good and with the current market, he’s wondering if The Robs think now might be a good time to target Huddersfield?  So, do Rob & Rob think now is a good time to be moving your property over to a limited company? And do they think you should consider investing in Huddersfield? Tune in to find out.   Do you have a buy to let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).  Or if you prefer, click here to leave a recording via your computer instead. The next question on Ask Rob & Rob could be yours.  Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So get yourself over and introduce yourself.See omnystudio.com/listener for privacy information.