10/01/2022
In 2021, UK house prices rose by more than 10%, the fastest rate in 15 years!
Think, if you bought a £200,000 investment property in December 2020. 25% deposit + Fees would be around £60,000 (£50,000 Deposit, £10,000 Stamp & Solicitors).
After 1 year your £60,000 would have increased to £70,000! (Remember to take off the £10k fee's). That is over 16.6% in 1 year. That doesn't even take into account the rent you would been paid!
That sounds good to me!