Not logged in [
Login
-
Register
]
You Are Not Registered Or Not Logged In
Corsa Sport
»
Message Board
»
Off Day
»
House Day
»
How illegal is it.....
» Post Reply
Post Reply
Who Can Post?
All users can post new topics and all users can reply.
Icon:
Formatting Mode:
Normal
Advanced
Help
Andale Mono
Arial
Arial Black
Book Antiqua
Century Gothic
Comic Sans MS
Courier New
Georgia
Impact
Tahoma
Times New Roman
Trebuchet MS
Script MT Bold
Stencil
Verdana
Lucida Console
-2
-1
1
2
3
4
5
6
White
Black
Red
Yellow
Pink
Green
Orange
Purple
Blue
Beige
Brown
Teal
Navy
Maroon
LimeGreen
Message:
HTML is Off
Smilies are On
BB Code is On
[img] Code is On
[quote][i]Originally posted by Toby[/i] [quote][i]Originally posted by Jules S[/i] You seem to know the answer to your question already. £60 on your mortgage, a £50 fee, tax on the rent, maintenance costs, refurb costs at the end of the rental term. And you have monies tied up in an asset that will most likely depreciate over the next few years. I would seriously look at the figures tbh, as I'm not sure that keeping the house for rental will be beneficial financially. [/quote] Yeah i had spoken to them through the day after the original post. The house has been recenlty decorated throughout. The maintence costs would be there regardless if i lived there or rented it out. Only looking at renting it out for a year so a refurb wouldnt really be required. So its only really the tax and increased rate for the mortgage. The house cannot be worth any less than we bought it as it was the peak of the recession but even if it was worth the same in two years time im am paying off chunks of equity - more than i would be able to save if i cut my losses and sold especially due to the fact selling fees will come to £7k minimum [/quote]
Post Options:
Disable smileys?
Turn BBCode off?
Receive email notification of new replies?
This is a long topic, click
here
to review it.