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Monday, February 24, 2014

Buy to rent - the sensible option?

The debate in the FT continues apace.  After a very strong case for renting put by Designer Ben Pentreath a couple of weeks ago we have a new angle.  The so called buy to rent.  This is where you buy a cashcow investment and then use the surplus income of your rental property to allow you to rent a property that you couldn't otherwise afford.  This way if you follow my advice of the repayment route you will end up with a valuable income generating investment, but also be able to live the dream living somewhere you could only ever afford if you won the lottery.  The best of both worlds?  Maybe....

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