So our dream home has just come on the market, and we are madly contemplating buying it even tho it’s a terrible idea timing wise. It needs an extension which it has planning for…. But we are working abroad for the next 3-5 years. We currently have a lovely but small home just down the road.
Our plan is to buy the dream home and rent it/ air bnb as would make a great holiday let. Keep our home as planned and then in 3-5 years sell and do the extension etc. This is doable but have no experience with 2nd/ buy to let mortgages or renting out a house! Is it mad?