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First time buyer
kevkan posted a topic in Newbie Advice & SupportHi everyone, I've been listening to Rob & Rob from the beginning of lockdown, nearly worked my way through all the podcasts :) I have been interested in property for many years but haven't purchased anything yet. I want to make the most of the stamp duty break and take the leap before march '21 My circumstances: I am a first time buyer so is my Fiance. We are planning on moving in together in 12-18 months. We would like to individually buy two properties now and live in them until we get married and then potentially move into one property and rent the other out. I was hoping to make the most of being first time buyers separately and buy two properties as individuals now. I know we may be able to obtain consent to let depending on the lender when we decide to move in together. What challenges do you see with this? is this the best thing to do? Are we better off waiting and buying one property to live and a BTL when we are ready to move in together? In the long-term we want to grow a portfolio and build up a substantial passive income. Your help and advice is much appreciated Thanks Kev