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Buy to let or invest?
Comments
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Definitely don`t do BTL..
AirBnB will get hit if there is an economic downturn, and there are loads of ways the local authority might try to extract tax from you, but if you think the UK is going to keep on booming maybe try it. Investing the money sensibly would be the best route IMO, are you aware of basic investing ideas?
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If you buy something now in an area that is in a property bubble (whole of the UK basically) and say mortgage rates start rising again the value will more than likely drop.
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If they want to avoid 25% drops they definitely need to stay away from BTL/AirBnB.
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