Property Portfolio: Cash vs Leverage
Consider the following scenario of investing in a £200,000 property in the UK. Please note that this example assumes average growth and rental returns of 5% per annum and does not include buying and selling costs. Cash Purchase: Leveraged Purchase: It is important to note that various factors, including market conditions, rental demand, and interest […]
Financial Considerations of Property Acquisition
When considering purchasing a property, it is essential to take into account various factors beyond the purchase price. Here are some of the key considerations to include in your budget: When budgeting for a property purchase up to £2M, it is prudent to allocate a range of £2-5K to cover conveyancing costs, including searches and […]