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…
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…
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…
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…
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…
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…
Hi, Peter Jones, author, property investor and ex-chartered surveyor. In a previous video, I showed you five reasons why I think the buy to let is a fantastic investment. And in this video, I want to give you an extra bonus reason which I think is so important I want to do this one on…
You may remember that in the last video we were talking about modern method of auction properties and the fact that the auctioneers or estate agents are going to expect you to pay a fairly chunky non-refundable deposit if you are the successful bidder. And there’s a couple of implications of this which I think…
I’m occasionally contacted by ex-pats who very often want to find a buy to let mortgage which they can use to buy an investment property in the UK whilst they are a resident abroad. Now as far as I know and I’m not an expert, I’m not a mortgage broker, but there are not very…
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…