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advice for letting 2 bed flat
Comments
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Renting a room out is your best option.
I'm slightly more comfortable but still see my £270-£300 per month as a massive saving towards my mortgage.
You say you are going to do the house up but with what money, don't put yourself into debt which it looks like you can't afford right now. Give the house the "kim and Aggie" treatment top to toe, get furniture (beds etc) from freecycle then advertise your room an a tin of paint costs under £20 for a room.
With me being a live in landlord I have much more rights to who I share my house (lifestyle) with. I have written my contract to have 2 weeks notice but you can have it as low as you wish as long as it is "reasonable".
If you moved out you may have have to sign a assured tennancy agreement which could make you pay for 6-12 months fixed rental if you are not a lodger. Imagine 1 year with someone you hate just to save a little bit of money.Lets get this straight. Say my house is worth £100K, it drops £20K and I complain but I should not complain when I actually pay £200K via a mortgage:rolleyes:0 -
want2bmortgage3 wrote: »seeing as i work as a postman i think cycling 24 miles a day as well as my job i'd be shattered!!!
i'm currently struggling each month as mortgage + building insurance (no contents) + council tax+ water/gas/electric+mobile+car ins+car tax + fuel + food all comes to 1094 a month. my pay (without overtime) is 1077 a month. so you can see its tight, plus i havent allowed for anything going wrong or for going out or buying clothes..............
And you didnt do these sums before you took on the mortgage?0 -
suki up until december i had let out my property and had been living with parents.. i first bought a property in 2002. when i was in that position i had close to 1000 a month to play with, now i have all the bills myself its a different story!0
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