Are you thinking of buying a bigger family home? Maybe you’re looking to rent a property? Whatever your position, you will face a number of challenges, especially if you have children or an expanding family to think of.
If you are looking for advice on how to handle these issues, help is at hand from Legal & General. The financial services giant will shortly be holding its third Google+ #MoneyHangout and wants to answer your questions on the subject of buying and renting property.
Anyone can pose a question by leaving a comment at the end of this blog post. If your question is selected and used during the #MoneyHangout it will be answered by an expert panel made up of;
- Nigel Wilson, Legal & General Group Chief Executive
- Miles Shipside Commercial Director of property search website Rightmove
- Roger Harding, Director of Policy and Campaigns at housing and homeless charity Shelter and
- Jo Eccles, Founder of Central-London property finder Sourcing Property and a columnist for the Metro newspaper.
The aim of the #MoneyHangout is simply to answer questions about buying and renting property so that you have the confidence and knowledge to make informed decisions. You may have questions about a landlord’s responsibilities to their tenant, you may want to know about the different sorts of mortgages available or you may have questions about stamp duty. Whatever you need to know, don’t be afraid to ask.
This is third in the series of Legal & General’s #MoneyHangouts. The first one focused on family finances and the second focused on retirement and pensions.
The #MoneyHangout will take place on Wednesday, 3 June at 8pm. Anyone can watch it and you can register your interest by following this link. Alternatively, a recording of the hangout will be placed on Legal & General’s Google+ page shortly afterwards.
Picture credit; Terry Robinson. Sourced from Geograph and reproduced under Creative Commons agreement. For more details about Creative COmmons and links to the various agreements, see my Disclosure page.
Disclosure; This post was produced in collaboration with Legal & General and I have been compensated for my time.
7 thoughts on “To rent or buy? Legal & General #MoneyHangout”
Sounds like a really good idea! I think there’s been a lot of uncertainty in the market for a long time now.
I would like to now – Is now a good time to take out a mortgage or are things still unsettled following the change in government? If people hang on a bit longer, are they likely to get a better deal?
Thanks.
I’ve been wondering about this myself Sarah. I’d be interested to hear what the experts say.
Hi. I am a father of one and we would love to try for another. We would like to buy a larger house for our family but we have no saving. We have about about 35% equity in our home. Are there ways we can borrow/take out of our equity the money for stamp duty, legal fee etc.
Some advice how to make this move possible would be great.
Superb question Howard. Best of luck with your plans. Sounds like a busy time for you.
We rent our family house out in the UK while we live abroad for a couple of years, I’d like to know about obtaining a 2nd mortgage to purchase a 1 or 2 bed flat in the UK so we have somewhere to stay when we visit family. We only have 2 years mortgage remaining on the family home, what are the chances of borrowing against this? We’ve been out of the UK for 5 years now, our current mortgage company won’t lend while we have tenants in the property. Is this a banking rule in general or just a decision from our mortgage provider?
Great question Suzanne. Thanks for commenting.
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