Anyone know anything about house letting?
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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.
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.
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