The Property Podcast

ASK405: Is this developer scamming me? PLUS: What's an Interest Cover Ratio?

Rob &amp; Rob are back with the latest round of listener questions, and strap in because this week we’ve got some good ones! 

(0:43) Jackie bought an off-plan property with an up-front 50% deposit. She was recently due to complete, but the developer isn’t allowing the surveyor access to the property, so her lender won’t release the mortgage funds. Jackie’s hoping Rob &amp; Rob can shed some light on what she can do to ensure she completes and gains access to her property. 
(4:42) Tom’s is looking to remortgage and he’s hoping Rob &amp; Rob can explain what ICR (interest cover ratio) actually is? 

Links mentioned 

<a href="https://propertyhub.net/course/how-to-win-big-at-off-plan-property/">Course: Everything you need to win big at off-plan property</a> 

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The Property Podcast from Property Hub (propertyhub.net) is the podcast for all property investors – new or experienced. Rob Bence and Rob Dix discuss a different property topic and property news item each week, passing on their knowledge and experience to the listeners. They both invest in UK Property so they practise what they preach. No hard sell, no bull just straight talking property investment advice!