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Rosco Member Since: 20 Jan 2012 Location: Beyond the wall. Posts: 2588 ![]() ![]() ![]() |
Is that renting a Fullfat or a Flat, different ROI |
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BrianC Member Since: 15 Apr 2009 Location: central belt Posts: 1429 ![]() ![]() |
As in a 2 bedroom flat not a fullfatrr |
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Contraband Member Since: 08 Nov 2010 Location: FIFE Posts: 3697 ![]() ![]() |
Me..
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BrianC Member Since: 15 Apr 2009 Location: central belt Posts: 1429 ![]() ![]() |
Been looking at north Lanarkshire, deposit would be ok but I've heard a few stories about renting and not sure if its worth it |
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Gazellio @ Prestige Cars Member Since: 22 Jan 2010 Location: Chilterns, UK Posts: 11309 ![]() ![]() ![]() |
Ask the LandLORD..... |
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Contraband Member Since: 08 Nov 2010 Location: FIFE Posts: 3697 ![]() ![]() |
I would say they are excellent investments, if you buy at the right price. Last one I bought was a repossessed property in tollcross. The estate agents in the area, Cumbernauld road, have plenty on their books. I made a really low offer and they jumped at it! If you don't ask !.. Financially it is definitely worth it. Purchase price to rental income return I would say the best value is what you are after, a 2 bedroom flat.
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BrianC Member Since: 15 Apr 2009 Location: central belt Posts: 1429 ![]() ![]() |
Right been thinking about this again, if I put a 25% deposit down on a new build flat near me and take a buy to let morgage to rent it out for say 15 years in the hope my daughter who is 2 can get the flat or cash out of it eventually. How would it go with paying tax over the time it's rented out and will she have to pay tax if I then give her the flat say in 18 years time ? |
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