Now that my exams and holiday are out of the way, I have to concentrate on getting ready for University. I had thought I could relax a bit over he summer but I'm not sure this will be possible.
My main concern is living arrangements. It's likely that I will rent out my current flat and then rent a flat up in Aberdeen but that is easier said than done. There is a lot that needs done before I can rent my flat out, far more than I initially realised. I've got to get gas and electricity safety certificates, register as a landlord, possibly change my mortgage and insurance details, register with a letting agent, get the flat properly cleaned etc. I'm going to be lucky to break even with all of this especially with yet another rise in interest rates. Still I guess it's a good idea to retain propety in the current housing market.
Renting in Aberdeen isn't going to be easy either, apparently it's the most expensive place to rent in the UK and my initial look at flats certainly seems to confirm this. This could seriously affect my student budget which isn't good. I guess I'm going to have to get used to being broke if I'm going to spend the next 4 years being a student. Hopefully it will all be worth it!
If anyone has property contacts in Aberdeen then let me know..........
3 comments:
Can't you just (*ahem*) rent it out illegally? It's your house, for chrissakes; what do they care what you do with it?
I could do that but then I wouldn't be able to use a letting agent. Would probably end up being a lot of hassle for me which I can do without
But . . . money! . . . Money cancels out hassle, and then you're left with all that sweet, sweet money!
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