Children finally leaving the nest?
There’s still time to find and complete on a student property in Aberdeen or Edinburgh, ready for the autumn term. This can be a canny investment, (depending on market conditions) if you have university-age offspring – and who better to be your kids’ landlord than you? Handle it right and you can have a decent place for your little darlings and their friends, plus potentially a nice nest egg later on.
If your children have already left university, investing in a second property with them in mind can still make sense. With house prices still on the rise in many places, getting on the property ladder can seem like an impossible dream for many in their 20s and even 30s. Buying a home on their behalf can be an excellent way to help your child escape the costly rental market – and save for a deposit, while possibly still providing you with an investment vehicle.