ASK333: Should I buy in London now? PLUS: Do I refinance or sell my home?
It’s Tuesday and you know what that means...
Rob & Rob are back answering some more listener questions!
We’ve got some really interesting ones this week so let's dive right in!
Our first question is all about the London market.
Our listener is looking to buy his first property in London, and after listening to our recent podcast on the 18-year property cycle (which you can catch up with here) he thinks now may be a good time to buy.
However, as a long-time listener of the podcast, he knows Rob & Rob have previously mentioned that London is typically overvalued and with the crash being around four years away is now actually a good time to buy?
Our listener wants to know if London is the exception from the 18-year cycle or does everything they mentioned in their latest podcast still ring true?
Next up, Chris has got a tough decision to make, and he’d like the guy's advice.
He’s currently on the search for a larger family home. He owns two properties, and he’s had one of them (a four-bed semi-detached) valued at around 200K, which means he’s got himself a fair bit of equity.
What he wants to know is should he sell up and use the money to buy his next home or keep the property, rent it out and release some equity to buy his new family home?
Tune in to find out what advice the guys have got this week!
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