Hi All
I have 6 BTL's that i bought about 6 years ago, luckily enough i stopped buying before they go too expensive. I work 7 days a week running my own business which is bucking the trend at present.
I have around £60k ready to spend, i am not sure what to do.
Any loans i have are at base +1.5% so there is no point paying any of them off, my home mortgage is Base + 1%
Opt 1. Split it into deposits on a few BTLs
Opt 2. Buy some rented commercial (what is the best % return i can get in todays market)
Opt 3. Buy a building site and build myself a nice house in the country with a self-build mortgage.
I think there is going to be some reasonibly high inflation to come due to our very weak pound
Can anyone advise
Greatly appreciated