There’s a lot to be said for getting on the property ladder, but one of the disadvantages of property is that it’s highly illiquid. When it comes to your own home, if you suddenly need to move…well, it’s not something you can achieve quickly or easily.
One listener called in this week with exactly this dilemma. He might need to be living in a totally different part of the country in a couple of years’ time, so should he buy or rent? And if he buys, can he turn the property into a buy-to-let when he moves out? It’s not a simple situation, but Rob & Rob have some suggestions for him.
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