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Invest or Buy Property

Flick216 · 2014-01-15 10:29:03

Morning all, I will soon be inheriting around £170k and I am not entirely sure what to do with it. I have a £57k mortgage that tracks at 0.9% above base rate so I will not be paying it off. I was planning on investing around £45k in renovating my house, spending a bit and putting about £100k away in investments - probably…

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IronWolf Posts: 6,445 Forumite

20 January 2014 at 1:49PM

The problem with property is that it is illiquid, and if you are renting it out then you have certain obligations to fulfill which can be annoying when problems arise.

Personally I prefer shares, as its less hassle and more liquid.

Faith, hope, charity, these three; but the greatest of these is charity.
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