It turns out that if I rent out my flat while I'm in Aberdeen, I'm going to lose money. It's likely that I'll be at least £50 down every month, even more if interest rates continue to rise or something goes wrong with the flat. Not good news, I was hoping I'd at least break even as I can't really afford to lose money while I'm a student. It's going to be difficult enough to get by without my normal annual income without starting from a negative balance every month.
Guess I need to decide what the best option for my flat is, still rent it out or just sell it. It's not easy this whole going back to Uni malarkey.
On the positive side at least I'm starting to make some progress with flats in Aberdeen.
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