Owning Rental Property in the UK

Posted By Admin on June 11, 2008 @ 7:38 pm

It has been a number of years since I started to buy rental properties and so far the experience has been very profitable.  Sure, there have been some bumps along the way, but that is the way it goes with any business, right?

Since I have been doing so well over here, I thought that I might expand my horizons, and invest overseas - specifically in the UK.  The reason that the UK interests me is that I have some relatives over there and this would give me an opportunity to visit them and write off the expenses.

One of the biggest hurdles of this will be overcoming the jargon.  For example, no one understood me when I was looking for properties that I would buy to rent - instead they use "buy to let".  Even though the intention is the same, I will have to learn how things work over there as I am sure some of the details are different.

But, I love the fact that this is a new challenge for me - if it goes well, I will be looking at other countries as well.







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