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!
Landlords. Advice needed on buy to let please
henmuffin
Posts: 312 Forumite
Hello,
I am thinking of buying a house to let out and would appreciate some advice as to what is a worthwhile yield? I have seen some calculators which work out rental yield but these do not take into consideration other costs such as management fees etc. How do you work it all out please?
Thanks
I am thinking of buying a house to let out and would appreciate some advice as to what is a worthwhile yield? I have seen some calculators which work out rental yield but these do not take into consideration other costs such as management fees etc. How do you work it all out please?
Thanks
Started comping February 2012
Wins so far:
Mascara, dry shampoo, chocolates, Loreal Elvive goody bag.Pot noodle fork , maggi mix, couscous,
Wins so far:
Mascara, dry shampoo, chocolates, Loreal Elvive goody bag.Pot noodle fork , maggi mix, couscous,
0
Comments
-
It will vary on a number of factors, how much tax u pay, ur mortgage rate and if u pay a LA to manage it (assume u r) and for how much.0
-
Of course there are other issues as well. You may be happy to take a low rental yield in an area where capital growth is high or you might want a higher rental return if your property is unlikely to increase much in value.0
-
So you own your own home ?
You have a 20/25% deposit and money to get the property up to a good standard ?
You have a good business plan to put before a lender or use a broker !
You know the Law about being a landlord ?
You are happy to attend to your rental property 24/7 365 days a year.
You have a good accountant to make best use of all the Tax savings and allowances.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards