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What should i do with £120,000

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  • hermum
    hermum Posts: 7,123 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Property , there are still places where you could buy 2 places & rent them both out, through a decent agent so you don't have to worry, pay the extra for insurance scheme that will cover your rent if untenanted at any time. After commssion etc you would still be getting an adequate return to live on & invest.
  • tasha-debt
    tasha-debt Posts: 974 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I agree, I think use around £100k to buy a property some where and rent it out, you will need some money for fee's etc but you should then make a monthly return in rental income. Plus if the flat also goes up in value you can make some money there as well.

    Is there anything you could do to help your illness with some of the money?
    x

    I’m back and more determined than ever!!!!!
  • worbikeman
    worbikeman Posts: 2,971 Forumite
    nice problem :think:
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