Tuesday, 18 July 2006

Where will you live whilest you are at University?

Where will you live whilst studying at university?
Student can take the hassle out of trying to find suitable accomadation at Uni.
Parents could make a significant profit from investing in student property while their child is at university raising cash on their existing home for the deposits.
Parents who choose to buy could make a profit of almost £20,000 over the three-year term of their child's degree.
With the majority of university towns seeing stiff competition among students for rented accommodation, many parents should look at the pros and cons of purchasing a property for their child to live in while studying.
Parent's whose children choose to study in London can make the most profit if they choose to buy and rent out two of the three bedrooms. However, parents of students in Guildford, Bath and Bristol can also expect to see profits of over £10,000 in three years.
Parents could also use the flat as a long term investment for their retirement by continuing to let it out to students after their child graduates.
Deposits for buy to let properties are around 15% and there are many schemes available on the market. Talk with your independantMortgage Broker at Amazon Mortgages 01202 606363 or log on to www.you-can-remortgage.co.uk.

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