The Property Podcast

ASK476: How should I invest my £50k? PLUS: Is this a red flag?

Informações:

Sinopsis

Happy Tuesday! It’s time for another episode of Ask Rob & Rob, where we dive into your property questions.   (0:45) With £50K saved up for his first property investment, Paul’s looking to invest locally in the West Midlands. He’s torn between buying a flat or house, and wonders if he’d be better off looking in cheaper areas and trying to purchase two properties instead of one. He asks Rob & Rob what they’d do in his position.  (5:55) Simona's in the process of buying a two-bed flat in Manchester city centre, but some red flags have popped up during conveyancing, including a big jump in service charges, a £2K deficit, and no reserve fund in place. With the seller’s solicitor slow to respond, she wonders if this is a sign to walk away.  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 que