As said earlier, do NOT take advice from complete strangers on an internet forum site.
Unless you are wanting advice on foundations or electrical work. Totes safe, obvs.
As said earlier, do NOT take advice from complete strangers on an internet forum site.
Two words...
Brick and mortar.
Why have you sold a rental giving you g`teed good return and also in past few years a fantastic increase in price
some people can't be bothered with the effort of looking after a house and tenants.
tax treatment of BTL landlords may be getting less favourable.
Rather than seeking the advice of a bunch of keyboard warriors on the internet, I would suggest seeking the advice of a financial advisor.
...
That being said, as a stranger on the internet and making some large assumptions, I would tell you to throw the bitcoin idea in the bin and tell your son to not be so stupid. I would be looking to load it into a stocks and shares ISA (this would take you 2 and half years as you are limited to £20k per year) and then would be looking to put it into a wide spread of tracker funds.