In this video we’re specifically thinking about the technicalities of valuing our buy to let’s. Most likely we’re going to use The Direct Comparison Method of valuation, which is exactly as it says on the tent. But we do need to be aware that we are rarely going to find a truly identical property with…

The Return of Bridge to Let. This Bridge to Let buy to let mortgage product is offered by one of my favourite lenders. It’s a great resource if you want to buy a property using finance (a mortgage) but it requires too much of a refurb so you can’t or won’t get a standard buy…

I’m sometimes asked what is the best way to raise finance for my buy to lets? This might sound like a flippant answer but it’s not, this is what I genuinely think. The best way to raise bank finance for buy to let is by going through a broker, you should not be trying to…

One of the big, big changes in property over the last 20 years is that it is now so easy to find finance for your properties. When I first started 20 years ago, buy to let mortgages had only just come in. Nobody quite knew what they were or how they worked. And it took…

Hi, Peter Jones, ex-chartered surveyor, author and property investor.  In this video I want to think about whether buying a property below market value makes it a great deal and whether it makes it a great deal every time. And the short answer to that is no, I do not think it does.  Now, in…

Hi, Peter Jones, chartered surveyor, author and property investor.  And one of the big dilemmas and questions which I hear many property investors posing, particularly when they first come into property is ‘should I buy my properties using interest only mortgages or should I use capital repayment mortgages?’. And the received wisdom is that for…

Hi, Peter Jones, chartered surveyor, author, and property investor.   And I’ve been asked ‘what does it mean when you hear the banks talking about a portfolio landlord, and why does it matter?’   Well, this relates specifically to buy to let because relatively recently, within the last couple of years, the banks have been…

I have had a question in from Michael. I have changed his name by the way, it is not his real name, because he might not want me to give away his personal details. Michael is a self-employed electrician from London and he earns roughly £20,000 a year, and he wants to get into buy…

Hi, Peter Jones, author, property investor and ex-chartered surveyor. And in this short video I want to talk about the right way of finding the very best buy to let mortgage product or deal, because in my opinion there is one right way and there’s several wrong ways.   So, let me start with wrong way…

If you want to do Buy to Let with BRR (Buy Refurbish Refinance), it’s the stress test which means that the upper limit of value is going to be around £200,000 (this isn’t a precise figure and don’t forget each bank uses slightly different figures and so the upper limit will be different for each bank).  And this why…

Hi, Peter Jones, author, property investor and ex-chartered surveyor. In a previous video, I showed you five reasons why I think the buy to let is a fantastic investment. And in this video, I want to give you an extra bonus reason which I think is so important I want to do this one on…

I’m occasionally contacted by ex-pats who very often want to find a buy to let mortgage which they can use to buy an investment property in the UK whilst they are a resident abroad.  Now as far as I know and I’m not an expert, I’m not a mortgage broker, but there are not very…

A question which I often get asked, particularly by new investors is ‘Peter what should I do if I have a down valuation?’ So, the premise behind this question is that the investor has found a property which they want to buy and maybe they’re buying it with a buy to let mortgage but the…

Look at this property. Somebody’s left it as a right old mess but it’d make a lovely refurb project for one of our buy to lets.  But the key question is, if we were going to try and buy this as a buy to let so that we could do the refurb, how would we…

Peter: So Alasdair, I mean limited companies are all good, that’s all good. One of the things which the bank will be looking at, whether you are buying in your own name or whether you are doing it through a limited company, as you’ve already alluded to is the rental of the property when you’re…

I’ve had a few questions around Stress Testing (of buy to let mortgages) and how that works.

And, of course, this is an important subject because Stress Testing in effect set’s the maximum amount we can borrow.

If you want to do Buy to Let with BRR (Buy Refurbish Refinance), it’s the stress test which means that the upper limit of value is going to be around £200,000 (this isn’t a precise figure and don’t forget each bank uses slightly different figures and so the upper limit will be different for each bank).