I’m in the fortunate position whereby I have 200K available in cash which is devaluing in the bank and so would like to purchase a BTL property. Does anyone have any thoughts/suggestions as to the relative merits of buying the house outright or getting a BTL mortgage and sticking a 50% deposit down and buying two properties?? (I’m 49 years of age). Are there any tax advantages for having a mortgage... are there any implications when I come to sell the property with an outstanding mortgage??

I have no delusions of getting rich quick, but mainly concerned with protecting my savings against inflation.

To discuss the matter further would I be better off to see a financial advisor or an accountant??

Thanks