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Landlord Discussion
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Re: STARTING OUT
From: Dan Page
Category: Category 1
Date: 26 Feb 2002
Time: 11:50:21
Remote Name: 195.92.194.15
Comments
Paul,first thing to consider is are you doing it for income,or capital growth in the property ? Next thing is to work out the yield eg annual rent v current value.Yield not as important maybe in the south,but if you are after income you may need to look further afield.I too am a beginner,now owning two properties,but walk away if the yield is less than 11%.Paragon mortgages are a good start point for buy to let mortgages,and they also dispense free advice.if you need any more info contact me at dan@page17.fsnet.co.uk
Regards
Dan Page
Last changed: July 01, 2003
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