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Anyone know anything about house letting?

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Old 04 February 2002, 12:06 AM
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wrx
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I am thinking about getting a property to let. I've got about £14000 as a deposit so can get a buy to let mortgage of about £90000.
Is this a wise investment or would it be better to pay off my own mortgage?

Is it better to get a house local or dosn't that matter? New or old?

Is it best to use a letting agent? if so are they all good or are some crap?

What are the tax laws on this and does it mean I will have to fill in loads of tax forms every year.

Anyone got any good or bad stories on letting?

Anything I missed?

Thanks Matt.
Old 04 February 2002, 12:11 AM
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stephen emery
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work as rental valuer at moment email me questions.

location is the most important.
steve
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