I've had an end of year review of our finances, and looking to the future am considering possibly getting into BTL. This is very much hypothetical at the moment, and not something I would be doing in the immediate future. I know the question of BTL has been asked multiple times, and I'm on dodgy ground asking this in the General forum, but here goes....
I already invest via pension / S&S ISA, but looking at other ways to generate passive income for the future. I am aware that BTL market currently is not very appealing for many investors right now, but if there was a notable property market crash and you had spare funds you were willing to "gamble" over a longer term, BTL seems as sensible a gamble as any....
I have tried the Search function and have seen many threads around this, with the general consensus being don't do it/the interest free company to company loan is a bad idea, but I'm struggling to find posts around the why.
Would anyone care to enlighten me?
"You're an idiot" / "ask your f***ing accountant" / "stick to IT you melt" replies gratefully received.
I already invest via pension / S&S ISA, but looking at other ways to generate passive income for the future. I am aware that BTL market currently is not very appealing for many investors right now, but if there was a notable property market crash and you had spare funds you were willing to "gamble" over a longer term, BTL seems as sensible a gamble as any....
I have tried the Search function and have seen many threads around this, with the general consensus being don't do it/the interest free company to company loan is a bad idea, but I'm struggling to find posts around the why.
Would anyone care to enlighten me?
"You're an idiot" / "ask your f***ing accountant" / "stick to IT you melt" replies gratefully received.
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