ASK247: Can I use my bounce-back loan as a deposit? PLUS: Is this Liverpool property too cheap?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 4 August 2020
⏱️ 6 minutes
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Summary
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| 0:00.0 | Hi, I'm Rob. |
| 0:03.0 | And I'm Rob. |
| 0:04.0 | And this is Ask Rob and Rob. |
| 0:08.0 | Hello everyone and welcome to Ask Rob and Rob, |
| 0:10.0 | the show where you get your questions in. |
| 0:12.0 | And we do our very very very best to answer them |
| 0:14.1 | and provide some value and hopefully we can keep that trend up with today's |
| 0:17.6 | episode but before we do let's just remind you how you can get involved and |
| 0:21.6 | get your question in on the show. |
| 0:23.4 | Yep, all you've got to do is leave us a voicemail with your question and you can do that in two different ways. |
| 0:28.1 | You can call us on 013, 808,000.35 and leave us a message there there or you can go to Property Hub. |
| 0:34.2 | Net slash Ask and do it that way instead. |
| 0:37.2 | However you choose to do it make sure you get your question in just like Mohammed has done. |
| 0:41.7 | Hi Robin Rob this is Mohammed Ali here. |
| 0:44.0 | I'm a long time listener of your podcast. |
| 0:47.0 | Now I have a question for you. |
| 0:48.0 | I have recently acquired 50,000 pounds worth of the bounce back loan scheme for my business for my limited |
| 0:56.1 | company and I was wondering if it's allowed to use this as a deposit for the purchase of |
| 1:02.1 | a buy to let property through my limited company. |
| 1:06.0 | Thank you so much. |
| 1:07.0 | Thank you for the question, Mohammed. |
| 1:08.6 | And it's an interesting one because it's something that has been a lot of uncertainty around. I think we touched on this in one of our market update podcasts a while back, |
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