Did you know that buying a property, paying a mortgage and maintaining a home costs on average, £429k over 50 years! And that doesn’t include the final rent!
But wait; if you were to rent for that period, it’ll knock you back £623K in rent costs.
Now that’s according to Barclays Bank and of course, the amounts will vary for differing parts of the country but guess what; if you’re someone who has a property to rent, you’ll be delightfully… MINTING IT! Because, no matter what, there will ALWAYS be people wanting to rent… always!
And, if you want a better quality tenant paying you above average rent, create a quality ‘home’ for them to stay, revel and rejoice in!