1887

n Personal Finance Newsletter - 'Buy-to-let' has become buy-to-regret... : property

USD

 

Abstract

It seemed like such a good investment idea a no-brainer, really. You bought a rental property with a small deposit, a large mortgage, and got someone to rent it, paying off your mortgage bond to the bank. Ever-rising rentals ensured that you would start generating some extra cash in the near term. Then ten, 15, or even 20 years later, when the bond was paid off, you either collected the rent sans mortgage to live on, or you sold the units for a fat profit.

Loading

Article metrics loading...

/content/monpf/2016/425/EJC189734
2016-06-01
2016-12-07
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error