Sell or Rent Out

Should I sell or should I rent out my property?

7th May 2019

Has it ever crossed your mind ‘How can I release equity from my property?

Look at these case studies which may inspire you to think differently.

Donna and Mark had been trying to sell their house for 2 years with no luck. They owned half their house outright but wanted to move to a new home across the other side of town.  They had little savings and felt really stuck.  Steph suggested that they ‘capital raised’ the deposit, for the new house, out of there current homes equity and rented their house out to enable them to move!  They were going to be hit with £12K Stamp duty as oppose to £6K if they sold, however she worked out that they would make the difference back in rental income in a year! The couple are set to move in May.  If you can’t sell you house, and would like to turn it into an investment speak to us and we can help this dream become a reality!

 

Dave got made redundant two years ago and has had a pot of cash in his back pocket since. He was lucky to walk straight back into work at another place! Last year, he made £2.50 on his savings that were sat in his bank.  He started looking at his options and found out that if he invested his redundancy money into a “Buy to let” he would make a profit of £325 per month!  He is now the proud owner of two houses and the money he makes is used to pay off his own mortgage… 12 years early.