ASK465: Is this a good way to start out in property? PLUS: Do I need to get my tenants out fast?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.8 • 2K Ratings

🗓️ 25 February 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Rob & Rob are back to offer their advice to two more listeners!   (0:55) Jamie currently rents in the Southeast and plans to invest in a more affordable area like Manchester or Derby. His goal is to buy, renovate, and eventually turn the property into serviced accommodation. Concerned about covering both rent and a mortgage and unsure he’ll get a loan approved far from home, he asks Rob & Rob how to navigate these hurdles and when property investing starts to feel easier. (7:45) Mark owns two buy to let properties, one being his former family home. He’s keen to move back into his home next year, but with tenants currently living there and the upcoming Renters' Rights Bill, he's concerned about how to handle the situation and asks the guys for their advice. Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead. Find out more about Property Hub Invest

Transcript

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0:00.0	Hi, I'm Rob.
0:03.2	And I'm Rob.
0:03.9	And this is Ask Rob and Rob.
0:06.8	Welcome to Ask Rob and Rob. It's Tuesday.
0:09.0	That means we've got two more questions and two more answers.
0:11.9	We're going to get to those questions in just a sec.
0:14.0	But first, a reminder, Rob, of how people can send questions of their own.
0:17.0	We make this very, very easy.
0:19.4	You just go to one place.
0:21.8	And that place is propertyh hub.net forward slash ask. That's property hub.com.com. There, you can directly
0:29.5	leave a message, or you can access our telephone number and give us a call and leave a voicemail
0:34.3	there. Or you can even type away and get your question over to us that
0:38.9	we may answer in the Sunday Times because we also answer property questions every Sunday in
0:43.7	the Sunday Times. So you've got lots of options, whichever you choose, we do not mind. But today,
0:48.9	Jamie has chosen to get on the audio version. So let's have a listen to his question.
0:56.2	Hi, Rob and Rob. I'm Jamie,
1:01.8	and firstly, I just want to thank you for taking the time to answer my questions. I love listening to your podcast and my commutes. It's been a great source of insight and motivation.
1:06.2	Myself and the partner started our property investment journey last year, but right now it
1:10.6	feels like we're taking
1:11.8	one step forward and two steps back. Therefore, I would really appreciate your advice. We currently
1:17.9	rent in the south east of England where both house prices and rent are extremely high, making it
1:23.1	difficult to save. However, in the past year, we have managed to save £15,000 for a deposit. We're
	...

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