What are the disadvantages of purchasing property with the leaseback scheme as opposed to buying outright residential property and renting out?
You are bound to a commercial lease with a management company for a minimum period of nine years during which time you only have personal use of the property you own during pre-established weeks which, frequently and for obvious reasons, will not be in the most attractive parts of the year (e.g. school holidays, peak season). In certain developments you may be expected to pay for the use of your property, albeit at discounted rates.
