Stop Buying Property!

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STOP! Don't buy property.
This seems to be what everyone is saying these days BUT In this video, we talk about the current UK property market and explore whether 2024 is the right time to invest. With rising interest rates, changing market conditions, and economic uncertainties, many are questioning the viability of property investments. This video should help you make that choice.
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Опубликовано:

1 окт 2024

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Комментарии : 14

@xamberandariax 4 месяца назад

Where exactly do you get 900 pound rent on a £120000 property ? The max I have seen is between 550 to 700

@azizrahman9496 4 месяца назад

You are 100%, in major cities where rental is high you'll get a shed for 120k and minimum 1k a month rent

@h3steven 4 месяца назад

That’s because you might not understand housing associations and the rental growth in northern and midlands areas

@damme91 3 месяца назад

I think you better having the money in an shares isa account dividend is tax free. your making the same amount of money without the tax or costs

@deancinnamond1438 4 месяца назад

You haven’t included tax in your figures. So you’re losing 150-180 off your 280 a month depending on if you have bought in personal name ltd company. Add in council tax and minor maintenance and you’re at net 0

@aaronstone9034 4 месяца назад

Great video; please do a HMO breakdown

@Andrew-ki5jz 4 месяца назад

Average rents is 500 ,tax 100 , and house insurance is 90 p/m that leaves 310 agents fee 60 250 boiler maintenance 15 p/m 235 general smoke alarms fitted, electric testing,gas testing,general maintenance painting, your left with 50 and when you sell you have to pay capital gains tax at 20 upwards percent,i see all the let's up for sale why would that be also you now need an accountant and be a business on top ,funny thing that

@azizrahman9496 4 месяца назад

120k for a house and 900 rent lmfao, where are these areas, ??

@h3steven 4 месяца назад

There’s lots of areas that this happens, you just need to have a look around 👍🏼