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ASK501: What do I do with an inheritance? PLUS: Should I sell or rent out my flat?

Published 9 months, 4 weeks ago
Description

Welcome back to Ask Rob & Rob! Today, we’re diving into questions about starting a property portfolio and navigating the London market. 

  • (0:42) After inheriting a low six-figure sum, Felix is keen to start building his property portfolio but isn’t sure where to begin. With no income yet as a full-time student and cautious about risk, what will Rob & Rob suggest for someone starting out from his position? 
  • (5:10) Zara’s almost finished paying off the mortgage on her two-bedroom leasehold flat in London. She wants to upsize to a larger property and is wondering whether to keep her current flat as a rental to help cover costs, or sell it given rising service charges and potential resale challenges. 

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