The Property Podcast
ASK228: How do mortgage holidays actually work? PLUS: Should I reduce my rent?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:06:01
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Sinopsis
It’s Tuesday which means it’s another episode of Ask Rob & Rob, and they’re changing things up today. Coronavirus has naturally ramped up the number of questions we’ve been getting through. So Rob & Rob have decided to combine some of the popular ones. The main question we’ve been asked is around buy-to-let mortgage holidays. There appears to be a fair bit of confusion about how these work. Rob & Rob have addressed the situation to give property investors a better understanding. Here’s what you can expect them to answer: Can I get multiple mortgage holidays? I have properties with several different lenders, will they all honour it? I’ve got a property that's currently empty between tenants, can I get a mortgage holiday on it? If I take a mortgage holiday do I have to defer the rent to my tenant? As the demand for letting property right now is likely to drop, should landlords be taking a reduction in rent? Well…tune in and you’ll find that one out! With all the negative news going