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…
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I’ve been talking to a number of people who want to get into property investing recently and a question which quite often arises is ‘What sort of property should I be buying if I want to get into buy to lets’. Sometimes the question is ‘Peter, why do you advise buying cheaper properties rather than…
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In this video I thought I would address a problem which is quite a common problem that I find when I am talking to would-be investors, and that is that the would-be investor wants to get into property and they have a plan for getting into property, but on closer examination it seems like they…
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I’ve become very aware recently from talking to other investors that if we’re not careful we can get so excited, or so enthusiastic, or so keen, or even so desperate to buy property and to start building our portfolio that we can end up buying properties which we shouldn’t otherwise have bought. There is a…
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When a lot of would-be investors start in buy to let, they often have dreams of buying really nice houses, in really nice areas. But are those the best properties to buy as an investment? Often the answer is no. By and large the best properties for investing are cheaper properties in cheaper areas. This…
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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…
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A question I’m often asked is whether it’s necessary to give a personal guarantee with a buy to let mortgage. In fact it’s often put as a statement rather than a question along the lines of “If I need to give a personal guarantee then I don’t want to apply for a mortgage”. So I…
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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…
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I’ve had a great question in which is ‘what are the risks of owning a buy to let property?’. I think it is a good question because I meet many, many would-be and new investors who, to be honest, and I mean this in a respectful way, but I think that they can be a…
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Although it’s said that we live in uncertain times, I don’t fully agree with that. Actually, we do have some certainty as to what is going to happen. We know that the Bank of England are going to continue to increase interest rates. We know that the property market is going to slow down, and,…
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