My main concern as I've said on the other thread about this is resales. Stay away from leasebacks and get your own city centre property where you can target young professional renters and you can rent all year round.

When the leaseback period ends you will have the problem that most of the other properties in the scheme will be for sale at the same time so there is bound to be a negative affect on prices. The national situation could be similar with so many leaseback properties coming onto the market.

Never believe anything agent says because their only concern is to sell the property and take your money. If they said they had concerns they would get sacked.

As Goldberg says have you or anyone else ever seen a leaseback resold. And as I said in the other thread the VAT is factored into the price anyway.