I don’t know whether being away for six months will mean I’m classified as a proper landlord,which requires me having a buy-to-let mortgageQ: I maintain a two-bed house, which is solely owned by me. I live with a lodger who is one of my closest friends. My mortgage still has another eight years to run. However, or with the savings I’ve got I could probably clear it in two years. I had intended to do this and then proceed travelling. However,I’m utterly sick of my job and want to proceed travelling now. I consider I could probably afford this by living off my savings, with the money I’m receiving in rent paying for the mortgage while I’m gone.
Continue reading...
Source: theguardian.com