Residential property investment success with Castle Trust – Simple Living in Suffolk

Suffolk

Every Briton loves residential property, because ever since 1993, every man and his dog has been able to clean up with buying UK residential property.

What’s not to like – no capital gains tax, banks lend you shedloads of money to buy an asset you otherwise couldn’t afford and no marked to market margin calls. Three years ago Cameron decided to add fuel to this fire buy lending more money to people that couldn’t afford to buy houses, called help to buy.

This pissed me off so much that I decided it was time to get in on the action. I didn’t want to buy a house for other people,  because I distrust the British property market more than Bernie Madoff because of what it did to me early in my working life, when I stupidly bought a house on five times my annual pay, albeit with a 20% deposit.

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Read more: Residential property investment success with Castle Trust « Simple Living in Suffolk

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Mike Rawson

Mike is the owner of 7 Circles, and a private investor living in London. He has been managing his own money for 35 years, with some success.

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Residential property investment success with Castle Trust – Sim…

by Mike Rawson time to read: 1 min
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