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The Property Podcast

ASK472: Will we have a recession next year? PLUS: Do I have to pay CGT on this sale?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 15 April 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

It’s time for the latest edition of Ask Rob & Rob, so let’s dive right in!  (0:36) Dave is contemplating selling one of his properties, but he's also concerned about the possibility of a looming recession. He wants to know Rob & Rob's perspective on the current market and whether a recession is on the horizon.  (3:50) Jack had to relocate for work shortly after purchasing his flat back in 2020. During his absence, he got permission from his lender to rent it out. Now that he’s back living in the flat, he’s considering selling and wants to know if there’s any capital gains tax relief for situations like this.  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.

0:06.5

Hey everyone, welcome to Ask Rob and Rob, the show where you give us your wonderful questions and we give you some half decent answers in return. This week, we've got two absolutely fantastic questions coming up. But before we do, let's give you a quick reminder of how you can get on the show.

0:20.6

Yep, there's us one place to go, which is property hub.net slash ask. When you get there,

0:24.8

you will find a way of leaving us a voice message for the show or a written message for

0:29.5

the Sunday Times. But we love your voice messages most of all because we love to hear you

0:33.5

on the show, just like we're about to for Dave. Hi, Rob and Rob. I've listened to your show for over five years now, but I took a bit of a

0:41.7

detour on the last year, so I've got a bit of catching up to do. But due to your content,

0:46.9

it did encourage me to buy a few houses. And currently, I'm in a situation where I think I

0:52.3

might need to sell one of them. That's more due to kind of

0:55.4

personal reasons, but I'm also considering what I think not many people or not enough people

1:01.2

is talking about state of the country, the way it's going, where it's headed, you know. And I think

1:05.5

it's quite clear that maybe a recession is even due, and if that is, will that be next year?

1:10.6

I just wondered your thoughts on this. And if you you think like, I remember you spoke about a silent

1:14.4

crash a few years ago, but, you know, could an inevitable crash happen in the next year?

1:19.6

I'm losing a bit of faith of the housing market in this country, especially as I don't have

1:24.3

masses of properties that I own. I've only got one, two, you know. So yeah, it's

1:28.8

really hard for me to feel like I need to push forward with this type investment, maybe see

1:33.7

whatever options are out there. Happy to hear your thoughts. Thanks so much. Love your show.

1:37.8

Dave, thank you for your question. Now, you've asked for our opinion. so I will give it, but you might not like my

1:46.0

opinion. My opinion is you should relax. Recessions will happen. Absolutely will happen. Might happen next

1:53.3

month, might happen next year. It might happen in five years. But when it does happen,

1:58.4

who cares? Unless you are investing for a one year period or a two year

...

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