Friday 6 February 2009

Becoming a Landlord

Had the Greg, the Estate Agent, over last night to look through the flat and give us an estimate of rent we could potentially achieve. Just one more of those things we need to do to get ready for the trip. Not very exciting, but the excitement came today when the Bank of England lowered interest rates to 1% further knocking down our monthly mortage outpayment. While we may not make money on our flat while we are gone, as long as the letting process goes well, we certaintly shouldn't lose much.

In addition, we sent our passports off today to get more pages put in them (for all those visas!).

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