ASK178: Will Sheffield’s ripple effect extend to Doncaster? PLUS: Am I locked in if my property loses value?

This week on Ask Rob & Rob we’ve got another two cracking property questions from listeners.

First up we’ve got Scott who is a first time investor looking to purchase a property in Sheffield. Sheffield is a great option but he’s also looking at properties in Doncaster as they’re slightly cheaper. Naturally Scott’s question is whether Doncaster will experience any capital growth.

The neighbouring city of Sheffield has been pegged as one of Rob & Robs hotspots for this year, but will Doncaster benefit from a knock on effect? With the amount of public and private investment being ploughed into the area, you may well think so.  

Listen as Rob B gives his opinion and reiterates the importance of fundamentals when investing in property. The Robs covered this last monthso be sure to have a listen if you missed it.

Our next question comes from Adam. After listening to the episode on leveraging, Adam wants to know what would happen if his property decreased in value and he lost his initial 25% deposit (therefore having no equity in the property). Would he be tied into his current mortgage product and unable to switch to a better product?

Tune in to find out what the outcome is and what advice Rob D has for Adam...

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