Buy to Let Property Investment Income at Retirement
2:12 PM, 8th October 2014, 12 years ago
33
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** Editors Note – HIGHLY RECOMMENDED DISCUSSION THREAD **
At retirement, what is the best financial strategy to draw income, and why?
- Continue to remortgage to release tax free equity? ( bearing in mind age restrictions by lenders and fees at each remortgage stage )
- Reduce overall debt by sales and paying down, in order to increase net rental income? ( bearing in mind Capital Gains Tax on sales )
- Any other strategies that I have not yet considered?
Many thanks
Ken Ward
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Member Since January 2011 - Comments: 12196 - Articles: 1396
10:32 AM, 14th October 2014, About 12 years ago
Hi Ken
This comment on a spin off thread will make your day AGAIN 😀
See >>> https://www.property118.com/property-investment-strategy-advice-required/69218/#comment-46782
Member confirms 35 year mortgage to borrowers aged 62 and 62.
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Member Since August 2013 - Comments: 161
5:07 AM, 16th October 2014, About 11 years ago
Reply to the comment left by “Mark Alexander” at “14/10/2014 – 10:32“:
I think you meant 62 and 68 Mark.
Member Since January 2011 - Comments: 12196 - Articles: 1396
8:59 AM, 16th October 2014, About 11 years ago
Reply to the comment left by “Colin McNulty” at “16/10/2014 – 05:07“:
Yes I did, thanks for letting me know. I have corrected my error
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