The Property Podcast ASK482: Can I get started with £35k? PLUS: Does this work to transfer properties tax-free?
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Jun 24, 2025 This week tackles a listener's ambition to dive into property investment with £35k. The hosts weigh the benefits of jumping in now versus waiting for a larger cash reserve. They highlight promising locations like Northampton and warn against trendy markets. Another listener raises a complex issue about transferring properties to an LLC to dodge capital gains tax, sparking a discussion on the legal nuances and potential risks of such strategies. Navigating these scenarios could reshape one's investment future!
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Wait to Combine Savings for Purchase
- Wait until 2026 to combine your savings for a stronger property purchase.
- Opt for one mid-range property instead of two cheap ones to build a better investment.
Choose Markets Wisely for Investment
- Avoid investing in the lowest-end markets because tenants and quality are often poor.
- Consider places like Northampton, Rugby, or Bedford for better yields and growth potential.
Consult Accountant Before Property Transfers
- Transferring properties via a partnership to avoid capital gains tax needs to meet strict 'business' activity tests.
- Consult with an accountant to plan properly and understand legal implications before proceeding.