Buy to Let Property Investment Income at Retirement

by Readers Question

14:12 PM, 8th October 2014
About 5 years ago

Buy to Let Property Investment Income at Retirement

Make Text Bigger
Buy to Let Property Investment Income at Retirement

** Editors Note – HIGHLY RECOMMENDED DISCUSSION THREAD **

At retirement, what is the best financial strategy to draw income, and why?  Buy to Let Property Investment Income at Retirement

  1. Continue to remortgage to release tax free equity? ( bearing in mind age restrictions by lenders and fees at each remortgage stage )
  2. Reduce overall debt by sales and paying down, in order to increase net rental income? ( bearing in mind Capital Gains Tax on sales )
  3. Any other strategies that I have not yet considered?

Many thanks

Ken Ward



Comments

Mark Alexander

10:32 AM, 14th October 2014
About 5 years ago

Hi Ken

This comment on a spin off thread will make your day AGAIN 😀

See >>> http://www.property118.com/property-investment-strategy-advice-required/69218/#comment-46782

Member confirms 35 year mortgage to borrowers aged 62 and 62.
.

Colin McNulty

5:07 AM, 16th October 2014
About 5 years ago

Reply to the comment left by "Mark Alexander" at "14/10/2014 - 10:32":

I think you meant 62 and 68 Mark.

Mark Alexander

8:59 AM, 16th October 2014
About 5 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
.

1 3 4

Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?

OR

BECOME A MEMBER

Fantastic yields for 2 bedroom houses in Leeds

The Landlords Union

Become a Member, it's FREE

Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agents

Learn More