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originally posted by: MagnaCarta2015
Everything in the capital is being sold off hand over fist to russian and chinese slum lords who are now charging extoritionate sums for basic properties. Good luck ever getting them to fix stuff.
originally posted by: CJCrawley
My advice is avoid agencies/councils like the plague. They have one interest, and only one...collecting the rent. Good luck with getting them to sort out any other problems you might have. Stick to a landlord - much simpler when you're dealing with one person, and that person actually owns the property.
Don't know anything about 'buy-to-let', never done it. Sounds like a rip-off.
If you're going to buy a place then for goodness' sake buy it; if not, rent. Keep life simple.
Buy to let mortgages are for investors with equity where you buy a house for the sole purpose of renting it out as an additional income/retirement fund.