The first and best piece of advice anyone will give you, when embarking on any form of new venture and not just the property market is always: never invest all your capital. You should always keep something in reserve for unforeseen circumstances. Landlords especially need reserves for bits you don’t think of like repairs, lease agreements, landlord insurance.
The never ending property boom has made many millionaires over the last quarter century, some of them coming from the most unlikely sections of society during that era, property prices have risen incredibly and increases in value seen to be continuing unabated. Statistics show that the average price of a house in the UK has increased from £23 000 to £158 000. That means more than 600%. This creates View the rest of this article
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