We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Best Buy-to-Let product

2»

Comments

  • dolce_vita
    dolce_vita Posts: 1,031 Forumite
    DaveRammo wrote: »
    Hey MarkyMarkD,

    This is an interesting read from the Scotsman: http://property.scotsman.com/news.cfm?id=1283442004

    I never realised that many people were considering buy-to-let! It makes the whole prospect of BTL a whole lot more daunting!

    As for the 10%+ yields, I am doing it through a professional company called propertyhotspots.net and buytolethotspots.com. I mentioned a discount code in a previous thread for propertyhotspots.net

    Unfortunately, I'm unable to tell you exactly where I'm investing as I've subscribed and paid for that kind of information! Sorry! But I will tell you that it's somewhere in Scotland. ;)

    I am intrigued by investing in Wales and will speak to the guys at propertyhotspots.net to see what they think. Good luck on your investment in Wales.

    Rammo

    :rotfl:

    Best laugh i've had all day.

    absolutely priceless.
    dolce vita's stock reply templates

    #1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided

    #2. This time next year house prices in general will be lower than they are now

    #3. Cheap houses are a good thing not a bad thing
  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You do realize this is a three year old thread. Rammo is probably rolling in it now.
    poppy10
  • sarkin
    sarkin Posts: 785 Forumite
    only if he sells and pays 40% CGT
  • hearts
    hearts Posts: 1,191 Forumite
    3 YEARS OLD AND REVIVED FOR THE OLD SPAM ;-) Mouldy now tho ;-)
  • dolce_vita
    dolce_vita Posts: 1,031 Forumite
    poppy10 wrote: »
    You do realize this is a three year old thread. Rammo is probably rolling in it now.

    Nice one pop.

    I didn't notice. :o
    dolce vita's stock reply templates

    #1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided

    #2. This time next year house prices in general will be lower than they are now

    #3. Cheap houses are a good thing not a bad thing
  • Guy_Montag
    Guy_Montag Posts: 2,291 Forumite
    1,000 Posts Combo Breaker
    buytolethotspots.com seems to have ceased trading. Who'd a thunk it?
    "Mrs. Pench, you've won the car contest, would you like a triumph spitfire or 3000 in cash?" He smiled.
    Mrs. Pench took the money. "What will you do with it all? Not that it's any of my business," he giggled.
    "I think I'll become an alcoholic," said Betty.
  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    if anyone waits till april to sell a BTL you get to pay 18% CGT !!
  • Zammo
    Zammo Posts: 724 Forumite
    If I had a decent ammount in savings I'd rather have it in property* right now than in sterling.

    * though not a new build flat
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.7K Banking & Borrowing
  • 253.8K Reduce Debt & Boost Income
  • 454.6K Spending & Discounts
  • 245.8K Work, Benefits & Business
  • 601.8K Mortgages, Homes & Bills
  • 177.7K Life & Family
  • 259.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.