ASK341: What can I do with my savings? PLUS: Pay off the interest or the capital?

Rob & Rob are answering some cracking questions for you this week, so let’s get stuck in! 

First up Claire who’s wondering what she should do with her short-term savings. 

She currently has three buy-to-let properties and is looking to purchase her fourth. As she’s unable to release any equity for around 18 – 30 months, she’s been building up her deposit in the bank. 

But as a fan of The Property Podcast, the recent Inflation episode has got her wondering if there’s something else she could be doing with her savings in the short term to stop inflation eating away at them. 

Next up, Ollie from Wiltshire has a question about mortgages. 

He’s hoping to purchase his first property soon and is initially planning to live in it before he turns it into a rental property. What Ollie would like to know is should he get an interest only or repayment mortgage? 

Tune in to find out what advice Rob & Rob have got for our listeners this week. 

Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).  

Or if you prefer, click here to leave a recording via your computer instead. 

The next question on Ask Rob & Rob could be yours.  

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