The Property Podcast

ASK290: Who's right about how to spend our £50k – me or my wife? PLUS: What can I do about my lack of mortgage options?

Informações:

Sinopsis

This week on Ask Rob & Rob, the guys are settling a debate between a husband and wife on the best property strategy and help another caller with a mortgage conundrum.   Our first caller is Colin.  Colin and his wife have managed to save £50k but both have different views on how they’d invest it. They also need to move into a new home themselves over the next two years.  Colin wants to use the funds to invest in a flip property and then split the profit in half to invest into more properties and into their own residential home.   However, Colin’s wife would like to use the £50k to buy a bigger, more expensive family home and then further down the line re-mortgage and release equity for Colin to then invest in property how he’d like.  Can Rob & Rob make this husband and wife see eye-to-eye?  The second caller this week is Toby who’s 26 and a first-time buyer.   He was wanting to invest in a buy-to-let property before purchasing his own residential property but has reached a stumbling block after speaking