Investing 400k

[Crishell]

My DH and I have 400k locked away in various ISAs, premium bonds etc. Next year we'll be receiving another 200k. It gives a good return but we can't help but wonder whether we should be investing it in property instead. Our mortgage is paid off on our current home.

I know speaking to a financial advisor is a good idea, but I'm just wondering if anyone on here has been in a similar situation and successfully invested their cash into BTLs?
We would consider commercial as well but that's a bit of a minefield for us.

If so, would it be wise to pay cash on say, 1 or 2 houses or buy several and take out buy to let mortgages? We would be in the higher tax bracket based on our salaries.

Thanks!

You would be better posting on MSE forums.

I keep thinking about buying a property to let myself but I think changing legislation and interest rates (although it sounds like you won’t need a loan) makes it harder for you to make a good income from it. I do have friends who bought properties many years ago and they have no mortgages so are doing well from it.

Obviously a financial advisor would be helpful but you should also read the book on property investing by Rob Dix. He’s a landlord and has a column in the Sunday Times and a podcast with another guy could Rob. He knows his stuff and explains it well.