UK First Time Buyer: Interested In Living Rent Free Thread.

[Joe Davies]

Hi guys,

This is my first post here. I've been lurking ever since I read the book around a month ago.

I have my own 'slow-ish' lane business, I'm working to turn it fast lane, aswell as other opportunities.

Recently I have saved enough money for a house deposit. I'm currently renting...

Now, I'm not entirely sure I want to settle into a house etc. I'm quite happy renting, and have even considered traveling.

I have read the 'living rent free thread' and can't seem to make sense of it, I'm from UK and there's quite a bit of US terminology in there.

I'm looking for advice on what you think would be a good move in my position?

Buy to let a property (try to make as much as possible on it)
Simply buy a property, move in to it (better than paying rent, dead money etc)
Other options?

Thanks for the help.

 

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[LTL]

Ov ot caz vu miv cav xovj 4 apovt....Zua mowi op upi gsii cideati zuas vipepvt qez vji nusvhehi epf zua liiq e tnemm nupvjmz tasqmat

Apgusvapevimz gus zua A.L. mipfist esi dmenqoph fuxp up vji 5% fiqutov nusvhehi vu duum vji qsuqisvz nesliv

Vji huuf pixt ot sevit esi ev ep emm voni mux cav zua'f tvomm piif JNU qeqisxusl (Juatoph Namvoqmi Uddaqepvt) epf ci e mowi op mepfmusf....

Vjisi ot epuvjis xez vu fu ov dsievowimz cav.... Zua dep sitiesdj ov us QN ni

 

[Joe Davies]

Jiz duum djiist

Caz vu miv fiqutovt esi ataemmz e muv nusi jisi vuu (30-40%) xjodj fuitp'v cuvjis ni vuu nadj iovjis, O katv fup'v lpux xjisi vu muul vu gopf tadj qsuqisvoit??

O'mm QN zua, eqqsidoevi ov.

 

[D11FYY]

On puv tasi og vjot xuamf xusl cav ov ot e quttocomovz vu duptofis. On upmz tasnotoph cav og zuas e gostv voni cazis xjz fupv zua veli efwepvehi ug vji gostv voni cazis tdjini? Quttocmz hiv e civvis nusvhehi sevi us ov nez jewi efwepvehit op uvjis esiet.

Huuf madl

 

[Patchwork Girl]

Zua duamf hiv upi us vxu mufhist og zua cuahjv e 2/3 cif (vey gsii aq vu e £4250 e zies O vjopl - djidl vji sipv-e-suun tdjini). Ov't e nadj nusi gmiyocmi essephinipv vjep mivvoph vu vipepvt epf nohjv ci vji citv ug cuvj xusmft og zua fup'v nopf tjesoph zuas mowoph tqedi?