From: "DSt" 
Newsgroups: uk.finance
Subject: Re: Let to buy....most efficent route please?
Date: 25 Sep 2006 06:47:40 -0700
   posting-account=iVIVYg0AAAClal7DtrR31zsViAhrgq2q


Miss L. Toe wrote:
>
> The potential tax killer is the CGT on the rental property, you will never
> want to sell it when you know you have to give 40% of the profit away :-(
>
> What you are actually doing here is borrowing to invest.
> Is that sensible ?
>
> What I would do is:
> 1) Sell the proprety that you no longer want to live in (I assume you are
> already living there and have no CGT liability
> 2) Buy my next home using the proceeds of the sale as deposit and with the
> minimum mortgage
>
> This is just what most people do.
>
> Use the savings on the interest to save/invest sensibly.
> There are many ways of investing in property other than directly owning
> some.

Care to elaborate? I'm in a similar position, and want to understand
how best to invest using the property.

TIA,
DSt.