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…
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Hi, Peter Jones, author, property investor, and ex-chartered surveyor. One of the questions which I’m asked all the time, particularly by new property investors is ‘Peter should I be going to auctions to buy my properties?’ Well, to be honest there is no quick and simple answer to that because there’s a lot more to…
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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…
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So here it is finished, and I have to say I’ve spent more on this refurb than I normally would. I’ve done things like I’ve dipped all the internal doors which you’ll see and as we go into this room you’ll see that I’ve moved the night storage heater and the gas heater, and I’ve…
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So, if we go in through the hall and then turn right we come to what is probably the master bedroom, and it’s all very dated, there’s a couple of heaters there, looks like one’s a gas and one’s an electric. They need to be replaced with proper central heating, and there’s some damp staining…
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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…
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I had a great question in the other day from one of my subscribers to youtube who was asking pretty much ‘how does one finance a title split?’, so I thought it would be a good idea just to do a very quick video on title splits. I have done a title split, and although…
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How’d you like to refurb this kitchen, this looks so so tempting and tantalizing. It’s got this really old range of cupboards there, sort of freestanding freezer, chest freezer, in the corner, look at that washing machine and underneath the sink unit, but it’s all a bit basic. Fridge and freestanding cooker, bits and pieces…
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What do I do about Proof of Funds?
When do I get a DIP (Decision in Principle) for my Buy to Let?
Do I find the property first?
Or do I get the DIP first?<
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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…
Details