Should I buy My Own Home First or Should I buy a Buy To Let First?

I am sometimes contacted by people who live in an area which is far too expensive for them to buy a residential home in. And so they are renting, and trying to save, but prices are so high they know they'll almost certainly never be able to buy a home there. But they have enough money saved up, and a good enough income, to be able to qualify for a buy to let mortgage, and so could buy a buy to let property in a cheaper area somewhere else. Not quite the same as owning their first home, but it gets them started. It gets them onto the housing ladder. But the question is, can they do it? And should they do it? What are the pros and cons? This is the discussion I had with my very good mortgage broker. Here's to successful property investing! Peter Peter Jones Author, property investor, ex Chartered Surveyor https://www.ThePropertyTeacher.co.uk If you'd like me to put you in touch with my very good mortgage broker to discuss any aspect of buy to let lending and mortgages, please email me: Peter@ThePropertyTeacher.co.uk For my best selling ebooks please click here: The Successful Property Investor's Strategy Workshop https://www.thepropertyteacher.co.uk/the-successful-property-investors-strategy-workshop/ The Successful Property Renovator's Workshop https://www.thepropertyteacher.co.uk/the-successful-property-renovators-workshop/ 63 Common Defects In Investment Property and How to Spot Them https://www.thepropertyteacher.co.uk/63-common-defects-investment-property-spot/ Goal Setting to Property Success in 5 Simple Steps https://www.thepropertyteacher.co.uk/goal-setting-property-success-5-simple-steps/ For my online video courses please click here: The Quick Start Guide to Buying the Right (Buy to Let) Investment Property https://www.thepropertyteacher.co.uk/the-quick-start-guide-to-buying-the-right-investment-property/ The Property Portfolio Accelerator Plan (How to go from 1 to 10) https://www.thepropertyteacher.co.uk/the-property-portfolio-accelerator-plan/