Originally Posted by
gfoo
because you are buying at a peak. if QE2 doesn't come up to expectations next week and i don't think it will meet the street, then it might trigger a downhill trend.
honestly i don't know your background, cashflow etc so i cannot comment
but do your own sums. rental income, you must deduct 2 months per year to account for dormant periods. then taxes, then conservancy, etc. can the rental still cover repayments? (don't take propertyguru rental rates. whatever they have there, discount 20%)
would help others to advise further if you can state your age, income, cashflow, etc etc.