I’m quite often asked, “Peter, can I borrow the deposit money for my buy to let, and finance the rest on a buy to let mortgage?” Or, alternatively, I’ll be contacted by someone who says, “I’m about to buy a property with a buy to let mortgage and I’m borrowing the deposit from my friend/business…
A question I’m often asked is, “Peter, should I look for repossession properties for my buy to lets. Should I make it a particular strategy of mine to only look for repossessions?” I think the premise behind this question is there’s a misconception that repossessed properties are always cheap and make good…
A question I am sometimes asked is, ‘Is there more than one way to do buy to let?’. It all depends on how you define buy to let. If you define buy to let as buying a property and putting a tenant in then that could cover HMOs (Houses of Multiple Occupation), it could include…
Why do so many investors start with buy to let? I suppose buy to let is the foundational entry point for property investing. Most people understand the concept behind buying a flat or a house and then renting it out to a tenant. One of the great things about buy to let is that there…
A bold claim? Probably, especially as the House Price Indices are showing average property values across the UK are increasing at a slower rate than they have for a long time (mainly because of values in London going backwards). So why is that? Is it the BREXIT effect? Probably. But let’s not get into that…
OK, please excuse my language but the question has to be asked; is 2018 is going to be a cr@p year? It may not be that bad, (although for many of us it will be) but unless we start to plan now the chances are it’s going to be mediocre at best, in fact probably…
Many assume that a property’s asking price equates to its value. It doesn’t, or at least, it might or might not, and it’s important not to assume that the asking price reflects the true market value. In this video I take a look at the major flaws with BMV and consider why valuation is an art, not…
When starting out in property it’s easy to believe that it’s all about buying below market value; after all, no self-respecting investor would attend a property networking event or post on any property forum if they weren’t negotiating furiously for 20%, 25% or 30% discounts from market value. But as I’ve mentioned before, although we…
I find it surprising that although the British public are so naturally good at property, their interest stops at their own front door. I admit that the reality of Brexit and its possible repercussions are hard to ignore, however, if we look at the cold hard facts it’s still possible to be confident that property…