I don’t know if my flat is a good investment anymore- mortgage deal ending

_Penny_Dreadful

[Deleted User] said:

Sebo027 said:

If I have £30k in cash where do I get the best return on my investment, over a particular period of time. For me that period of time should always be long term (15+ years). Trying to understand that question for property, I would consider:

• Cash flow - mortgage vs rental income.
• Property value - equity you stand to gain by renting long term.
• Asset appreciation/depreciation.
• Management/maintenance costs. 

Work out all that out and see what the number looks like. 

Property might give you the best return, but only at the expense of other people's misery as they are unable to afford a home to live in.

There are plenty of other immoral things you can invest in, with high rates of return.

Yet on another thread you are bemoaning that there aren’t enough rental properties available. You can’t have it both ways. Do you really think the UK would survive without a private rental sector? 

Schwarzwald

[Deleted User] said:

Sebo027 said:

If I have £30k in cash where do I get the best return on my investment, over a particular period of time. For me that period of time should always be long term (15+ years). Trying to understand that question for property, I would consider:

• Cash flow - mortgage vs rental income.
• Property value - equity you stand to gain by renting long term.
• Asset appreciation/depreciation.
• Management/maintenance costs. 

Work out all that out and see what the number looks like. 

Property might give you the best return, but only at the expense of other people's misery as they are unable to afford a home to live in.

There are plenty of other immoral things you can invest in, with high rates of return.

What a nonsense ….

GDB2222

_Penny_Dreadful said:

[Deleted User] said:

Sebo027 said:

If I have £30k in cash where do I get the best return on my investment, over a particular period of time. For me that period of time should always be long term (15+ years). Trying to understand that question for property, I would consider:

• Cash flow - mortgage vs rental income.
• Property value - equity you stand to gain by renting long term.
• Asset appreciation/depreciation.
• Management/maintenance costs. 

Work out all that out and see what the number looks like. 

Property might give you the best return, but only at the expense of other people's misery as they are unable to afford a home to live in.

There are plenty of other immoral things you can invest in, with high rates of return.

Yet on another thread you are bemoaning that there aren’t enough rental properties available. You can’t have it both ways. Do you really think the UK would survive without a private rental sector? 

I won’t go into the politics, but a lot of social housing is now in private hands. 

_Penny_Dreadful

GDB2222 said:

_Penny_Dreadful said:

[Deleted User] said:

Sebo027 said:

If I have £30k in cash where do I get the best return on my investment, over a particular period of time. For me that period of time should always be long term (15+ years). Trying to understand that question for property, I would consider:

• Cash flow - mortgage vs rental income.
• Property value - equity you stand to gain by renting long term.
• Asset appreciation/depreciation.
• Management/maintenance costs. 

Work out all that out and see what the number looks like. 

Property might give you the best return, but only at the expense of other people's misery as they are unable to afford a home to live in.

There are plenty of other immoral things you can invest in, with high rates of return.

Yet on another thread you are bemoaning that there aren’t enough rental properties available. You can’t have it both ways. Do you really think the UK would survive without a private rental sector? 

I won’t go into the politics, but a lot of social housing is now in private hands. 

Something like 40% of properties purchased under RTB are now in the PRS.  That aside the British housing market needs more options that just social housing and buying.  There are a variety of reasons why even those who could afford to buy might choose to rent and the PRS fills that gap and even when social housing was abundant there was still a demand for private rentals.

Sarah1Mitty2

expertinmoney said:

Your situation is common to a lot of landlords. If you don’t like being underwater for quite a while, then yes it probably makes sense to sell - it may be a very long time before the investment becomes profitable again, and other simpler investments would do so more quickly.Investing in property isn’t really something to do as an individual these days.

There isn`t really a market for unprofitable investments though, and other potential buyers of an ex-BTL are now much more limited in how much they can borrow and spend, best to keep the tenant and chip away at paying down the debt in my opinion.