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Fantastic advice from poppypowers borrow the money and get the levarage to work in your favour as house prices only ever go up. This sounds like a Northern Rock deal, all you have to do is refinance the long term borrowing every 2 years.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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hey poppypowers if you want to join a forum that sings the praises of property investment try siniging pig. I was over there the other day and they are not the cheerful bunch of winners they use to be. I think they were quetioning what to to do with a load of newbuilds in a falling market.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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Damn... I hate it when I get caught out like this.
Some f3cker's resurrected an old thread
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Amusing that Zimbabwe and BTL should be mentioned in the same thread!
http://en.wikipedia.org/wiki/Nicholas_van_Hoogstraten0 -
, and you could live there rent-free pretty much .
would have thought that would be right up your street.
Why is everyone banging on about how bad investing in property is in the "current" financial climate .If you have the affordability and are looking at a long term investment then there isn't a better time to do it. Maximum gain will obviously be a matter of timing but not everyone is looking to make a quick buck.
I know of several people who had serious negative equity during the last price crash who have since done very well out of their property.0 -
Worth a bump for wiseman405.
Some people think properties in Leeds are set to double in value.Been away for a while.0
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