It’s Tuesday and that means Rob & Rob are back answering your questions!
First up is Ash. She’s a huge fan of the podcast and especially looks forward to the Market Updates. So, it’s no surprise that she’s noticed the economic warnings that a recession is likely in the UK this year.
Indeed, just yesterday leading economist Dr Gerard Lyons told the BBC: “A recession is likely in the UK and, I think, a recession is likely across Western Europe.” Which is pretty direct, especially for an economist.
So, Ash wants to know, what will a recession mean for property prices? Is now a bad time to buy if there is going to be a downturn? A great question, and one Rob D is especially well placed to answer, having just finished a book on how money actually works.
Next up is Pete, who controversially doesn’t have a question, but instead has opted to issue a warning! We’ll let Pete off this rebellious change to our format because he has an important warning about new tax rules that will affect almost all landlords.
Even though it’s not strictly a question, Rob & Rob still have some helpful advice on how to prepare for the tax changes so that you’re not caught out.
Tune in to find out.
Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The next question on Ask Rob & Rob could be yours.
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