The Lemon Fool

Hi there,

I own the property we live in outright (freehold), and my wife owns a flat outright (leasehold), which she rents out, and we would like to buy another property to rent out or, alternatively, a property to move into and then rent out our current property. We were therefore wondering what would be the best options for us in terms of finance?

My wife has a full-time job and I am on long-term disability benefits.

Any advice much appreciated.

You might wish to check that you would not incur the additional second home stamp duty charge if you decided to rent out your current main residence and then move to another house. Not sure but worth a check before you go down that route!