9:15 AM, 12th January 2021, About 3 years ago
I am looking to buy a bungalow to move out of the flat now, and have a 3-bedroom house rented out where I lived until I bought the flat to downsize in 2016.
I am considering options. I have 20% cash for the bungalow. I could remortgage my rented house to raise the rest until I can sell the flat which is worth less than I need for the bungalow anyway.
Would I be better off to set up a limited company and buy a bungalow as well as move the rented house into the company too?
I am looking for any suggestions, please.