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First time buy-to-let advice
Comments
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You need to do your research !
Area article 4
EICR
Gas Safe checks
Smoke alarms, CO alarms,
HMO
Student security and safety.
Four double sockets in every bedroom.
Size of bedrooms ?
Fees for a BTL mortgage, survey, solicitors costs.
Refurbishment costs.0 -
Never mind all the other stuff to worry about.
You need an income to cover the mortgage !
Do you already own your own home with plenty of equity in it ?
Is your husband working full time with a good income ?0 -
Where on earth in the country can you buy a house for £85k and bang it out at £1k per month?
I have a rental house in a very pleasant part of Cheshire, catchment area for outstanding primary and secondary schools that cost £160k and it rents out for £695.
Please let us know where this magical area is :rotfl:
Maybe it`s an HMO?0
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