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Should I rent out or buy my property?

(2 Posts)
Putthatbookdown Tue 18-Feb-14 14:19:43

I think prices will go up 20% in the next 5 years so it would keep its value but the problem is I need the income and with void periods etc this would be a worry

specialsubject Tue 18-Feb-14 15:18:52

if you want to rent it out, you need

a BTL mortgage
suitable insurance - property, your contents, legal, malicious damage.
enough cash to pay the mortgage and council tax during voids
agents and be able to pay their fees
suitable arrangements for fixes

and patience with what could be a LOT of hassle.

any prediction of property prices is as valid as any other crystal ball gazing.

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