Imagine this, you’re out viewing properties, you’re going to view this property, maybe you’re thinking it’ll make a nice flip or perhaps it’s even going to be serviced accommodation or holiday let, I don’t know, it doesn’t really matter. When we’re viewing properties this is usually what happens. We’ll go to the property, we’ll go…
In fact, I know of instances where finance was pulled by the banks on the day of completion, leaving the property investor unable to complete the purchase, and in some cases the developer then sued the buyer and made them bankrupt! Now, I’m not saying this to scare you, there were very particular…
You’ll often hear it said in property that “The value is what someone will pay for it” but technically, according to the RICS (Royal Institution of Chartered Surveyors) that’s not true. And to (perhaps) make things even more confusing, value is an opinion, and more than one opinion can be right. Sometimes multiple…
I am sometimes contacted by people who live in an area which is far too expensive for them to buy a residential home in. And so they are renting, and trying to save, but prices are so high they know they’ll almost certainly never be able to buy a home there. But they have…
Buy to let landlords sold 35,000 more properties than they bought in 2022, with the rental sector losing an average of 66 buy to let properties a day last year, according to analysis by agents Hamptons. Hamptons also says 140,000 people stopped being landlords in 2022, and 96,000 are expected to follow suit…
One thing I get a little annoyed about is when I see an ‘expert’ on social media telling us that such and such a strategy is outdated and doesn’t work anymore. Let’s be honest, their ‘hidden’ agenda (not so well hidden) is usually to sell us something, most often a course promoting a…
Setting goals might be boring but we need to do it. Goal setting is one of the key things for success in any activity, property investing included. When I set goals, I tend to achieve them. When I don’t set goals, I tend to just bumble along. So what should I do? I…
Are you a Portfolio Landlord? What does that even mean? How do Buy to Let Lenders define a Portfolio Landlord? And what does it mean when you are one? What are the implications? In this video my very good mortgage broker takes us through some of the things we need to be aware of…
I don’t consider myself to be an old person, yet, but I have to agree with what you hear a lot of old(er) people saying. Namely things change and move on very fast. And this is as true in property as anything else, especially when it comes to the technology, software, apps…
Over the years I’ve appointed many managing agents across my various buy to let portfolios, and one thing I’ve noticed is that some understand building construction and building defects, but many don’t. And those that don’t often give what I consider to be crazy advice (when it comes to repairs and the cost…