BTL in Scotland · Assets For Life Hub

BTL in Scotland

I spent most of time as pharmacist in SW UK, never been to Scotland or North except from Birmingham and London.

Properties are fairly expensive down here, so it was quite a headache for me to release equity from house we still have mortgage on and buy first BTL in Exeter where we live.

I was told it was not wise by some mentors, but decided on my own after bereavement of my mother as was not in mood for certain period of time to go for Bootcamp etc.

Next stage would be to buy another one, but no more equity left in residential and 2 years fix with BTL interest only, rent starting next month.

Heard about flips in Scotland etc I cannot do from Exeter, fully managed BTL most probably if 25% deposit available which is not.

How to increase portfolio in next 2 years?

I feel stuck more than excited...

😶

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