ASK482: Can I get started with £35k? PLUS: Does this work to transfer properties tax-free?

The Property Podcast

Let’s dive into this week’s Ask Rob & Rob as they tackle two new listener questions… 

• (0:40) James wants to escape his day job and build a long-term future in property. With £35k saved and eager to get started, he asks Rob & Rob whether it’s better to get in now at the bottom of the market or wait until he’s built a bigger pot of cash.

• (6:12) Kevin owns five properties outright in his own name and wants to grow his portfolio. He’s heard about a potential loophole where he can transfer the properties into an LLC, then into the limited company after three years to avoid paying capital gains tax. However, he’s unsure whether this strategy is legal and wants to understand the risks and implications.

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