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The Property Podcast

ASK468: I've doubled my money! Should I sell? PLUS: What do I do about my non-paying tenant?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 18 March 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

Happy Tuesday! It’s time for Rob & Rob to answer two more great questions from our listeners!  (0:51) After five years of owning a buy-to-let in Manchester and dealing with costly repairs and a stressful insurance claim our mystery listener is debating the property's future and asks Rob & Rob if it’s time to sell and reinvest elsewhere.  (4:10) Rafael’s tenant is three months behind on rent due to illness and struggling to stick to a payment plan. With recent legal changes, he wants to know his rights for recovering rent and if needed eviction.  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

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob.

0:06.7

Welcome to Ask Rob and Rob. It's the show where we answer your property questions. And the show, of course, starts with you. So we like to make it really simple for you to send your questions our way.

0:16.1

We do head over to Propertyhub.com.net forward slash ask. That's property hub.com.net forward slash ask that's property hub.net forward slash ask there you can

0:24.9

leave us a message you can call us and leave a voicemail if you prefer or if you want to write in with

0:30.6

your question we have our wonderful column in the sunday times each and every sunday in the home section

0:36.0

so if you want to get your question in that way,

0:37.9

you can as well. Right. I love it when this happens. Somebody has not put their name on their

0:43.4

recording or mention their name in the recording. So this week we get to make up the name of this

0:49.2

person. So let's listen to our first question in from Cuthbert. Hi, Rob and Rob.

0:57.5

I started listening to your show like maybe five years ago and it's been a great show.

1:01.7

I was inspired to buy a property five years ago, a bit of money I had.

1:06.5

And with affordability, I brought something great in Manchester the best I could afford,

1:08.5

which ended up being like a hundred-year-old house.

1:12.0

And I tried to cut a long story short. I had have to do a fair few fixes over five years and I've had a major one recently where I had to put

1:17.8

insurance claim in and that has been a really stressful experience for me, especially with I don't

1:21.9

know the outcome of the insurers because they have to come out and investigate and it's postponed

1:26.0

the work I've had to do on it

1:27.8

and they won't let me begin the work. So I'm really frustrated with the system and with the

1:33.7

future of the restrictions that they're putting into landlords. I'm not sure if I see its favour

1:37.4

in one side or the other, but I just know that the government obviously are not helping landlords

1:42.4

in their future.

1:44.4

So I wouldn't mind to see your opinion.

...

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