ASK276: I've got £2.5m to spend! PLUS: Which areas have the most rent arrears?

Welcome back to another week and another episode of Ask Rob & Rob. The guys are here to splash the case and dish out some advice. 

First up this week we’ve got Andrew and he’s got £2.5m to spend!

Throughout the pandemic he’s been running a business that’s been racking up cash reserves and he needs to do something with it. 

He thinks property seems the best way to get a return on his money and with financing, could have around £10 million to invest! 

That’s crazy money! 

However he seems to think that with funds of that size, buying a two bedroom apartment up north isn’t really going to be the best use of his time and money. 

So he wants to know how Rob & Rob would invest that amount of money into property. 

Our second caller this week is Ed from Southampton. 

He’s wanting to invest further afield from home and naturally doesn’t want to invest in the wrong location. 

So, he’s asking The Robs which areas in the UK have the biggest void periods and rent arrears so he can avoid looking into these areas. 

Do Rob & Rob hold the answers to Ed’s question?

Tune in to find out.

 

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