sceptical with balls
-
Posts
3 -
Joined
-
Last visited
Content Type
Profiles
Forums
Events
Posts posted by sceptical with balls
-
-
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
Money To Spend
in Northern Ireland
Posted
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