Hi guys, 95% mortgages will be readily available from the high street lenders due to the governments Help to Buy Mortgage Guarantee Scheme. George Osborne outlined details of the scheme on the 23rd July and is as follows: The Chancellor has issued details to lenders of the government’s Help to Buy mortgage guarantee scheme, to […]
Category: Property Investment
Meeting with Rob Bence of RMP Property
It was great to meet a like-minded, young, motivated, and driven property professional who is making waves in the industry for all the right reasons. Rob’s main priority seems to be providing bespoke property investments that suit the individual investor, rather than selling whichever investment he can get at the time. With the same ethos […]
If I had a hammer…
Being at the mercy of an auctioneer no matter how humorous, entertaining, and extrovert he may be, is a position I’m not used to being in. As an investment buyer in a recession, I’m used to being the one in the driving seat as the number of proceedable buyers reduces, skewing the supply-demand ratio in […]
Licence to… Let?
Because I was buying the property from a housing association, they were duty-bound to ensure that I was a responsible landlord who could prove via a track record and live examples that I would… Bring the property up to a similar standard to the neighbours’ and b) would look after any potential Tenants in a […]
Excuses, excuses…
The previously bubbly operative then said she’d have to check with the underwriters and, low and behold, the as yet complete application was rejected immediately. “Why’s that?” I asked. “Erm, a higher fire risk? I dunno really.” This particular lender isn’t publicly owned so I can’t get angry about that, but why are mortgage companies […]
How to value a property investment at a glance
Every property investment is unique, but what makes them similar is your personal model and what you want out of them. Whether you want a 20% capital gain over 5 years or £200pcm positive cash flow, this is what makes both a commercial investment and a ‘two-up, two-down’ property the same – your end goal. […]
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Charging rent: higher or lower? Setting your rental asking price
There’s a lot to be said for each argument, but which is the best option for the savvy property investor? It always puts a 6-month smile on your face when you land a tenant into your property who’s willing to pay a premium – especially if you’re currently on a tracker mortgage at the moment! […]
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