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Will BTL work in 2019? - Page 2

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Will BTL work in 2019?

edited 30 November -1 at 1:00AM in Over 50s Money Saving
13 replies 4.1K views
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  • suejb2suejb2 Forumite
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    Part of the Furniture 1,000 Posts Name Dropper Photogenic
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    Another option? Pay off some of the mortgage, leaving you smaller repayments. Buy a flat or apartment if you want to sound posh! Decrease your hours at work.
    Life is like a bath, the longer you are in it the more wrinkly you become.
  • TELLIT01TELLIT01 Forumite
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    Fifth Anniversary 1,000 Posts Name Dropper PPI Party Pooper
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    I've not been involved directly in BTL but from speaking to people who have, it seems to be a fairly high risk route. Profits from good tenants can swiftly be wiped out by one bad tenant. A friend of a friend is selling off their rental properties as they become vacant because they feel it is becoming more hassle than it is worth.
  • agrinnallagrinnall
    23.3K posts
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    To the OP, you really need to post on the Housing board to get the full benefit of the forum's experience on BTL, including being advised of all the responsibilities you will have as a landlord (read G_M's sticky first) - although I can tell you now that a large majority of replies there is going to be against doing it.
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