The Property Podcast

Rob & Rob have two fascinating questions to answer this week!  First up is Lukas, who’s asking a question right of the back of attending a webinar (a seriously dedicated listener!). Now the market is hot, Lukas has got an opportunity to pull cash out of his properties.   However, he refinanced a property in the past only to have it valued under what he paid for it. As Lukas thinks there will be a crash in the next 2-3 years he’s worried about prices dropping in a crash leaving him over leveraged.  Rob & Rob have some excellent advice for avoiding this trap – and also some cautionary words about a crash.  Next up is George from Bristol, who’s in the process of buying a home to live in. It’s in a village, which isn’t something we usually discuss on the podcast, but as it’s for George to live in rather than a rental. However, he’s discovered that there is planning permission for homes that will double the size of the village.   So now he wants to know, will this extra supply negatively affect house prices?