Quote Originally Posted by SimonH View Post
Sounds nice

I've probably spent nearer £60K on mine in the last 5 years, but there again it's mine and gone up in value by over £200K
Not a bad investment
Does that include deductions for all mortgage repayments, minus the 60K, and taxes, especially if you sell it?

Some people can make money on property, but it all depends on the market (think of the people who had to sell in 09/10 and made a loss). It has been shown that whether people get a mortgage, or rent and invest, it basically averages out over the long term. However, renting is less stressful.