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sceptical with balls

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Posts posted by sceptical with balls

  1. Dear sceptical balls,

    You should look to buy an apartment. That would be an excellent investment.

    Why did you go for a BR +1.5% mortgage 6 years ago, most deals were BR + 0.15% at the time.

    Remember : buy now prices are on the way up!!

    Hey MrCrabs

    I bought them under a UB Business loan, it was the easiest at the time.

    I am swayed to the building site way as i can get a lot of the work done quite cheap. Not sure what to do

  2. 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

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