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Hey there,
Lots of our Clients do this. For tax reasons this is one of the better ways of property Investing, depending on your job status, you normally can claim your “rent” as your workspace, which again a lot of our clients do. Depending on your loan status also, you may be able to work out that your outgoings will be cheaper than living in your property you purchased too.
I would always check if it is for Investment purposes, what the previous rent was. If you need any assistance in that or if you can gear the property in a way that would suit. Let me know I can see if I can help
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