Is Your Lender About To Sc@w You?! I don’t know whether you’ve picked up on the Bank of Ireland/West Bromwich Building Society controversy. Long story short, both lenders have found, allegedly, small print in their Buy to Let mortgage contracts to allow them to add another couple of percent to rates payable on existing mortgages…
DetailsI don’t know about you but I think it’s exciting that we live in a world of constant change, when that change is for the better, of course! It’s an obvious thing to say but in many areas of our lives the pace of change is getting faster with every passing day. I was really…
DetailsI went to the pub last night with a fellow property investor who is also a good mate of mine. We often get together to chew the fat. This is part of the mastermind theory of having a supportive team around you. This shouldn’t just be a team of technicians: solicitors, accountants, mortgage brokers, but…
DetailsPrice is only one of the terms you should be interested in when you are buying investment property and if you can agree one or a combination of several of the following, in some circumstances, it might even make paying more than the asking price more than worthwhile. Other terms to negotiate when buying investment…
DetailsOscar Wilde once famously said’ a cynic is a man who knows the price of everything but the value of nothing’. Clearly in property it’s important to distinguish between the two. It’s sometimes said about property that the value is the price some one will be prepared to pay. That might be a little simplistic…
DetailsWe can learn so many valuable lessons from what Oliver did and the attitude in which he did it. When he didn’t have the money for a deposit, he made sacrifices, mainly his time, and he worked for it When he had some money he took the opportunity to “do a deal” and to increase his…
DetailsEven a cheap property can cost a lot of money and so anyone thinking of taking the plunge in property investing need to give themselves the best possible chance of getting it right from the start. Once you sign your first purchase contract you’re committed and there’s no going back. If you make a mistake,…
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Making money renovating property can be easy … but only if you know what you are doing! A lot of people think they can make money by renovating property …until they try it! With the popularity of TV programmes like “Property Ladder” and “Homes under the hammer” it seems like every one wants to try…
DetailsI know I’ve said it before, but if a deal is good enough, you will find a way to finance it. Often this is construed as my meaning that if the deal is good enough, there will always be someone who is willing to fund it. That is one possible interpretation but we can also…
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