Show Notes
What do you do when a holiday let won't sell and keeps bleeding money every month? And when a new landlord inherits a rent set well below market value, how much of that gap can be closed, and how fast?
Rob & Rob tackle both questions on this Tuesday's Ask Rob & Rob.
(00:50) Stephanie's last remaining holiday let is losing money every month as mortgage rates bite, and it's been on the market for over a year. Is there anything left to try before covering the shortfall out of her own pocket this winter? Rob B runs through the options worth exploring.
(05:36) Mark's buying his first tenanted buy-to-let, and the rent is about to rise by just 5%, to £730, which is a lot cheaper than others in the same area. Once he's able to change it, is it better to jump straight to market value or build up slowly? Rob D explains why neither option is as simple as it sounds.
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