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Wait until the middle of 2021 and there should be a load of cheap houses coming on to the market.
You could take our a (2nd) mortgage on your home and invest the money in the stock market….
generally can’t do that with £100s of thousands of other peoples’ money
It's not quite the same thing if your family could end up homeless if it all goes wrong.
Another alternative is HMO’s if there’s any demand for that in the area you are.
I’ve got a few of them and personally i haven’t seen a downside yet. 6 tenants in each ( so a 4 bed house with lounge and dining room also used as bedrooms) all renting a room and I pick up the bills. If one leaves there’s a queue of people waiting to go in. You will occasionally get stung with a bad tenant but as you’ve got 5 other good ones paying rent there’s never any void months. Depending on what you pay for the property you should be looking at a return of not less than 15%.
Just make sure your house is my a cut above the others available and get a good letting agent (I manage them myself) and you’ll have no issues.
(Not wishing to detract from the OP's Qs, but
bit OF but you should have a couple of tax breaks as you lived there, then rented it out. I sold a btl place that we’d owned for 12 years and rented out for 6, total gain was £130k, total cgt was zero
I lived there for the first two years and have rented it out for the last six. It's alarmingly gone up £100 in value, and by my back-of-a-beermat calculations I'd be paying c.£25k in CGT. Quite happy to be proven wrong, tho!).
Going back to the 89 peak and subsequent bust, most of the negative equity was in smaller properties as there was a huge rush to get on the housing ladder and ride the housing boom. Larger houses were less affected as demand wasn’t so strong as they were out of the price range of the hoards of first time buyers pushing up prices.
Smaller?
3-bed semi in Leeds, bought in 1988 and took until 1999 before it was worth worth than we paid.
I lived there for the first two years and have rented it out for the last six. It’s alarmingly gone up £100 in value, and by my back-of-a-beermat calculations I’d be paying c.£25k in CGT. Quite happy to be proven wrong, tho!).
so you should have owned it for 96 months (lets call that 100 for ease of maths) and lived in it for 24. You get 9 'free' months, so tax is due on 100-33 (67%) of the increase in value. The extra breaks I had (it used to be 18 months 'free' - plus 40k extra bonus no-tax per owner) are gone now.
assuming you're a higher rate tax payer, you'll pay 28% tax on that 67k, minus the 12k allowance, so 28% of 55k is £15kish. if its co-owned with someone, you get the 12k twice, thus further dropping the tax owed