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

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.8 • 2K Ratings

🗓️ 24 June 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

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. Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead. Find out more about Property Hub Invest

Transcript

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0:00.0	Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob.
0:06.6	Welcome to Ask Rob and Rob. It's the show where we answer your property questions. And the show, of course, starts with you. So we'd like to make it really simple for you to send your questions our way.
0:16.1	We do head over to Propertyhub.com.net forward slash ask. That's propertyhub.com.net forward slash ask. That's property hub.net forward slash ask.
0:23.7	There, you can leave us a message. You can call us and leave a voicemail if you prefer.
0:29.0	Or if you want to write in with your question, we have our wonderful column in the Sunday Times, each and every Sunday in the home section.
0:36.2	So if you want to get your question in that way,
0:37.8	you can as well. Let's listen to this question in from James. Hi, Rob and Rob. I'm James from
0:44.2	Hampshire and I'm busy pulling together the best starting products I can when I's catch it up on your
0:48.5	podcast, which have helped cement my dreams moving away from my architectural day job into property
0:53.3	investment and development
0:54.4	over a long-term future, but I need to get going as quick as possible. However, with four kids
0:59.7	and a student-nourced nurse-wife, this will not come easily or quickly. I permanently got just 35K,
1:05.5	and to increase this, it's likely to be at a rate, doing 5 and 10k per year. I will also have the
1:10.6	option to raise another
1:11.4	deposit when refinancing my home mortgages in 2026. I'm super keen start and get any money
1:16.9	working for me whilst I'm working full time. As well, Dili, I want that first flat to be
1:21.0	reasonably close to have any chance of knowing the area and visiting the site. I'm hoping for
1:25.5	strong yields to get the next pot growing straight away,
1:28.0	but obviously don't want to ignore capital growth. So if Hamilton seems to be the best of the
1:31.8	cities in the south, for all it's got going for it and the potential yields, so I'm currently
1:35.7	limited to the bottom end of the market. However, I am able to take on a fix wrapper and add some
1:40.2	value that way. I'm struggling to see the wood for the trees at the moment, so if I can put this
	...

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