How to quit a 9-to-5 life on £400,000

[Rebecca Loos]

why Milan? A mortgage is the cheapest form of loan you can get - makes sense to take one even if you don't need it when buying property.

Pay cash for your £250,000 home, or buy 2 homes of same value with a £125,000 deposit in each? I know what I'd do

[voron]

saving for a house deposit, you should be looking to pay the whole thing out right in cash

Have you tried finding a house for £1.99? When I became a contractor someone forgot to tell me the objective was to make lots of money. I took the job insecurity but forgot about the increased rate

[Lucifer Box]

Have you tried finding a house for £1.99? When I became a contractor someone forgot to tell me the objective was to make lots of money. I took the job insecurity but forgot about the increased rate

You can sub-let a pot on AtW's patio for round about that.

[voron]

You can sub-let a pot on AtW's patio for round about that.

That could be a winner. I bet the lad has plenty of porn stashed around the place. Given the amount of time he spends online, he surely can't be posting on tech fora all day and night - can he??? Please tell me he does something healthy online, like browse Swedish porn sites Sorry, got a bit distracted there. Everyone keeps talking about porn. Porn, ah yes

[MarillionFan]

Well if I was happy with £20000 p/a I could retire now.

But the fact that thats a paupers amount means I need to save upto that £3million mark we were talking about!

[IR35 Avoider]

Pay cash for your £250,000 home, or buy 2 homes of same value with a £125,000 deposit in each? I know what I'd do

I think in (financial) theory your option is the worse one, in the sense that gearing worsens the ratio of expected return to risk.

[Rebecca Loos]

well here the risk is not so much how the capital/loan is structured, but more to do with expected rents - you obviously have to buy in the right area, the right sort of house etc. There is research available and it is not too hard to get it right.