Day: June 2, 2023

I have £115,000 to invest – is a Fife rental property still worth the risk? (Watch/Read/Listen)

 

 

PODCAST: https://podcasters.spotify.com/pod/show/fife-properties/episodes/Thinking-of-Investing-115-000-in-Fife-Property-e25d0dj

 

“We have recently inherited £115,000. We have contemplated purchasing a Fife buy-to-let property to support our early retirement. Considering that the Skipton Building Society offers a 4.25% return on their 18-month bond and the stagnant Fife property market, we are uncertain whether investing in a rental property is worth the trouble. Kind regards. Mr & Mrs A from Fife”.

 

Dear Mr & Mrs A from Fife, if your primary objective is to generate income and reduce your workload, buying a buy-to-let property is likely not the favourable option unless you leverage the purchase. Let me explain…

 

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