Jay Lawrence is a Wealth Manager at Rathbones who look after £110 Billion for their clients. He joins us to discuss why buying a house is the worst money move in 2026 plus what he thinks is the better one to make for most people.---------A huge thanks to the episodes sponsor - Trading 212. 👉🏼 Get FREE FRACTIONAL SHARES worth up £100 when you deposit £1 with Trading 212🔗 https://www.trading212.com/join/MGPIf you don't receive the free fractional shares - head to the menu and put the word 'MGP' into the promo code section.(Capital at risk when you invest)*Commission-free investing: Other fees may apply. See terms and fees*---------Gains App is now LIVE!It's an AI-powered budgeting and cashback app designed to help you make more of your money.Download here 👉 https://gainsapp.com/---------ResourcesWhy the Golden Age of property is over 👉🏼 https://www.schroders.com/en-gb/uk/intermediary/insights/why-cash-is-riskier-than-stock-market-investing/Chapters 00:00 - The Property Ladder Is Dead04:08 - Renting vs Buying: Do The Maths11:47 - The UK's £1.5 Trillion Mistake14:53 - ISA Millionaires Don't Use Cash ISAs17:15 - State School To Rathbones25:29 - Why £300 Beats £40029:51 - The "Doing Everything Right" Trap40:08 - Your First Move43:59 - The Gateway Drug46:44 - He Locked His Mum Out51:10 - Why Crashes Are A GiftDISCLAIMER:This episode is meant for educational purposes and should not be considered financial advice or UK tax advice. When you invest your capital is at risk. Past performance is not a guarantee of future success. Always do your own research.This episode description contains affiliate links - if you click on one and make a purchase we may receive a small commission. This does not alter our suggestions and there is no charge for you. Take the FREE Money Personality Quiz 👉🏼 https://upthegains.co.uk/quizGet The FREE 10 Step Checklist That Grew My Portfolio To Over £160,000+ 👇🔗 https://upthegains.co.uk/investing-checklist