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 […]
Category: Property Investment
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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