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Renting v buying the figures are here
Comments
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ollyshaw wrote:I have a great landlady who likes me here and has no plans to do anything with the house apart from let it to me
Same here - great Landlady who keeps telling me how well I'm looking after her Pension!
I STR'd over a year ago, not to make money but need to relocate, and had a cash buyer so had to move into rented. I'm in no rush to buy and although prices have contiued to climb here - it's not by much. I'm waiting to see what'll happen in the next couple of years before I make my next move. I pay £700 pcm on an apartment valued at over £200,000 which is less than the yield I get on MY two BTL's - It's madness!
Landlord turned tennant !0 -
How long before everyone in the country has one BTL, but is renting a place to live at the same time, in some kind of perverse circle?Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery0
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