ASK389: Should I get a repayment mortgage? PLUS: Are purchase lease options a good idea?

It’s time for some more listener questions:  (0:38) Tom is looking to build passive income with a portfolio of buy-to-lets. He currently owns a 1-bed in Bath city centre, and he’s got 70k to invest; should he get another 1-bed studio flat in Bath with a repayment mortgage, or should he get an interest-only mortgage so that he can save for a third property quicker?   (3.52) Billy’s property mentor has recently discussed the idea of purchase lease options - this isn’t something he’d previously thought of, so he’s come to Rob & Rob to get their thoughts.   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.  See omnystudio.com/listener for privacy information.