The Property Podcast ASK463: How can I use the equity in my home? PLUS: How can I track mortgage rates?
Feb 11, 2025
Listeners dive into intriguing questions about property equity and investment strategies. One listener grapples with the decision to rent or sell an inherited home worth £650K to invest in buy-to-let options. The hosts provide insights on leveraging inherited equity while considering mortgage options without current income. Another listener seeks reliable resources to track UK mortgage rates as fixed-rate periods expire. The discussion highlights the value of mortgage brokers and comparison tools in navigating the ever-changing landscape.
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Start a Property Portfolio with Equity
- Sell the gifted house to access equity for a new property portfolio.
- Use the released equity to invest in smaller, high-yield buy-to-let properties.
Take Your Time with Property Investment
- Don't rush into property investment decisions.
- Take time to develop a confident, exciting plan by researching and learning.
Use a Mortgage Broker, Not Just Best-Buy Tables
- Use mortgage brokers for personalized advice, not just best-buy tables.
- Brokers have access to more information and can handle rate changes during the application process.