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mercsl

Trading Up Or Staying Put And Doing Btl

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What is the better tactic, staying put in your own place and using the equity to purchase a few BTL's or trading up to a bigger residence? Who is taking on the bigger risk?

Many BTL'ers I know (including myself) never moved up the ladder and still live in their first place.

Edited by mercsl

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Easy.

Offload the BTL's, use the money to buy a nice house to ride out the crash, and store the balance of cash somewhere safe.

After the market's tanked, start buying when property is cheap once again.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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