Know how to get on and Just Do It – Ready Made Deals
According to the National Housing Federation (NHF), the cost of buying a home in England increased by more than three times the rate of average incomes over the past decade.
NHS research found that in 2001 the average income was £16,557 with the average house price of £121,769, a ratio of 1-in-7.5.
Since then average incomes have risen to £21,330 (+22%), with the price of a family home almost doubling to £236,518, a ratio of 1-in-11.2. Continue reading
The basic idea behind investing in buy to let, is buying a property that you will be able to rent out, to either get an income from or pay off any borrowing taken out against the property when you buy it, and then enjoy the mid-term capital growth. Continue reading
The only issue I have at the moment is that a lot of the new finders/packagers I’m working with haven’t done it before and are unsure of what constitutes a deal that others will buy and how to package them up. So I thought I’d use this month’s article to create a bit of a how to guide to deal packaging that I can simply send to the finders. I’m sure readers will find it useful too and if you want to become a finder I highly recommend partnering up with a mortgage adviser who can match you up with suitable buyers just like we are doing. Continue reading
Rob Hubbard from Walker Fox looks at what constitutes a good ready made deal Continue reading
Should you use a sourcing company to building your portfolio? John started property investing 5 years ago and quickly built a large portfolio of over 50 properties in North East of England. He explains when using a sorucing company is great. Continue reading