Exploring personal finance and investing
According to the Office of National Statistics, the median UK salary in 2023 was £34,963. Could you afford a mortgage to buy a home if you are on a salary of £35k per year? Let’s find out! You’ve Decided to Buy Your First Home…in London! So, you’ve decided to buy your first home. As you’ve … Read More “How To Buy A Home in London On £35k A Year” »
The annual house price inflation in the UK fell over the past year from 13.8% to just 0.6% as of July 2023. Here, I’ll examine why. Inflation Inflation in the UK currently stands at 6.7%. High inflation has been caused by: Bank of England Base Rates The Bank of England has increased base rates 14 times … Read More “UK House Price Inflation Drops to 0.6%” »
Previously I gave an overview of things to consider before investing in buy-to-let property. Here, I’ll take a look at the pros and cons of investing, some of which are based on my own experience in buy-to-let. Benefits of Buy-To-Let Buy-to-let can be a good investment which may bring the following benefits: Rental Income Your … Read More “Pros and Cons of Buy-to-Let” »
A friend recently said she was thinking about investing in a buy-to-let property. This is where you buy a property such as a house or flat and rent it out. She asked me for some guidance, given my experience as a landlady. This is what I told her. Things to consider before taking the plunge Securing … Read More “Invest in Buy-To-Let Property?” »
