jadely98
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Me and my partner are desperate to move out of my mums house but also I want to save up for a deposit for a flat. What's the best way to go about this?
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Just wondering what the process is and what you think of it.
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I'm just wondering how once i've purchased my first flat for £70,000 max and am renting it out to someone for a bit of extra money, how could I afford to get another property at £70,000 to then also rent out? I am doing this so that when I have children in future I can give them everything they need. I don't really want to have this be very time consuming. I intend to save up a deposit for the first property and move into it as I pay off the mortgage, which may be several years.
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Hi Phil, thank you so much for that link, I will save that for future use. I've not long been researching property development etc so I don't know quite what to search, but thanks to you i'm on the right track. I would also like to thank you for your comment on my savings plan. It's nice to have confirmation from someone who knows about the subject.
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Hi everyone, this is my first post and I have not yet got any properties etc, I am just planning to save some money up to someday start my career off as a landlord. I really want to save up £20,000 within the next two to three years (I've worked it out and can do it.) And then I would like to purchase a cheap but sturdy flat to rent out at £70,000. I've heard that there are mortgages where you're not required to live in the property, called 'buy to let' however in the UK, I can't find ANYTHING! Does anybody have any general advice for me or know a company of which I ca