Jan. 21, 2025
ASK460: Is this plan too risky? PLUS: Can I avoid stamp duty?
Happy Tuesday! It’s time for Rob & Rob to answer two more great questions from our listeners!
- (0:40) Sarah owns two buy-to-let properties with a total value of £700k and 50% equity in each. She’s debating taking £50K from the properties to combine with her savings to buy a third property. Worried it’s too risky, she turns to Rob & Rob for their advice.
- (4:08) Currently a homeowner, Chris is looking at buying a second property to rent out. But with the increased stamp duty for second properties, he asks if there’s a way to avoid it or if it’s just something landlords must absorb.
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