The Property Podcast

It’s Tuesday, so we’re back with more listener questions.  First up this week is Becky from Essex.  Becky’s about to complete on her first buy-to-let deal (three cheers for Becky!), but she’s already looking at her next deal...  She wants to buy the flat above hers, off-market, and she’s wondering how much discount she could get with a deal like this?   Becky’s also hoping Rob & Rob can shed some light on how off-market deals work, and how the process differs from a standard purchase.  Next up is a cracker of a question from Alex in Devon.  After using a cash loan from a friend, Alex purchased his first property a year ago and now he’s about to repay the friend after increasing the property's value and remortgaging.  His friend wants to extend this partnership and re-loan him the money. Alex wants to go ahead with the loan and split it into two £50k deposits, but he’s hit a roadblock.  His broker has advised that lenders aren’t likely to loan to him due to his friend wanting to have a second charge fo