If you think that buy-to-let is for you, you need to: Decide what you want to achieve from property investing and by when – in other words, set your property goals Decide on the best strategy to achieve your goals Make a plan Decide upon the type of property that will best fit your strategy…
However you decide to source your properties you will need to find the buy-to-let lending product that best suits your needs. As a first step I’d recommend that you download the Free Special Report which you’ll find on the Home Page of this web site – it’s a transcript and an MP3 audio file of…
In a sense buy-to-let has demystified property investing and has made it a realistic possibility for many ordinary people. However, even a “cheap” buy-to-let property is a major investment and care needs to be taken in finding the right properties. Because of a booming property market, many people have done well through buy-to-let, even if…
) In this video I’ll take you through the system I have used to build my buy to let portfolio, starting from scratch and with no money of my own, and which you can use to build yours as well. I’ll also show you how to recycle your money, so you can pull all or…
Search Around For The Best Finance For Renovation Projects. Lenders require a property to be habitable from day one before they will advance a buy to let loan. Many buy to let lenders are reluctant to advance mortgages against properties which require even minor works of repair, modernisation or improvement. The rationale behind this is…
Light Refurbishment Finance Available Today In the previous post we looked at light refurbishment and how it works. Let’s have a look at the different light refurbishment products offered by the different lenders. Paragon Mortgages Here’s how the Paragon limited refurbishment scheme limited works. The minimum valuation requirement is £75,000. Up to 75% of…
Be Clear on How Much The Works Will Cost Before Your Start The amount you pay will depend on where you are located, the size and quality of the property you are working on, the quality of the work you instruct, how many quotes you obtain and how hard you ‘negotiate’ with your contractors, and…
Know How Much Value The Works Will Add Before You Start Before doing any works of repair, renovation, modernisation and improvement, we will want to be sure that they will add value. That is, unless there are other good reasons for doing the work, such as, we are obliged by law to undertake them, or…
Number One – Be Clear in Your Own Mind Why You Want to Renovate There are two main reasons why we will probably want to refurbish a property. The first is because it’s a rental property for letting out. The second reason is because it’s a property we’ve bought to refurbish and sell on. If…
Here’s a property I have just purchased. I now have to decide whether to sell on as is, or whether to keep it, renovate and sell on, or to keep it, renovate and let out as a buy to let investment property