Congratulations on taking the first step in your property investing career!

It's a big step but one that could change your life.

There are lots of things to think about and its important that you do things right.  Learn from others who have made mistakes so you don't have to make the same ones!  Access our Expert Panel to connect with our experts for free of charge advice.  

The fundamentals of property investing are the nuts and bolts of your business. Ensuring that you have a great team around you will help towards your success. 

Understanding the legal aspects of buying a property and having a great conveyancing solicitor in place is really important. Also having access to the right finance is the key to securing those great deals once you find them.

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DIY SOS

Recent research shows consumers are increasingly accessing pension drawdown without taking advice.The Financial Conduct Authority says that individuals who access their pension pot flexibly may need extra protection to manage withdrawals effectively, after it emerged that the number of people going without financial advice has risen dramatically.Figures published in the regulator’s July 2017 Retirement Outcomes Review Interim Reportreveal that the proportion of individuals who forgo advice and take a ‘DIY’ approach to managing their pension pot in retirement has risen from 5% to 30% following the introduction of pension freedoms legislation in 2015.Prior to April of that year, savers were faced with restrictions on when and how they could access their pension pot. Consequently, over 90% of pots were used to buy annuities. Today, as a result of the new freedoms, twice as many pots are moving into drawdown than are being used to purchase annuities.1Yet concerns are growing for those who...
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Will you be able to rent out your property next year?

  Were you aware that from April 2018, your property will need to be a minimum EPC rating of E or above to be able to rent it to a tenant?  As a landlord, you are liable to pay a hefty fine if you do not adhere to the regulations.This could affect over 300,000 properties in the private rental sector.   Until 2020, it only applies to new lets but after that it will apply to all rented properties. There are rumours that some green deal initiatives will be coming soon, so keep an eye out for those.So, as a landlord what do you need to do now? Have a look at the EPC register to see what grade your property was rated. Click here to go to the register. Make sure it is less than 10 years old. EPC’s are only valid for 10 years, then you need to have...
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TOP SLICING FOR BTL MORTGAGES

Do you have a potential rental shortfall which could prevent you obtaining a Buy to Let mortgage?   HAVE YOU HEARD OF TOP-SLICING WHEN IT COMES TO BUY TO LET MORTGAGES?TOP SLICING IS WHERE A LENDER WILL ACCEPT SURPLUS INCOME TO COVER ANY RENTAL SHORTFALLTOP SLICING FOR BTL MORTGAGES Allows applicants to utilise surplus personal earned income to support their BTL application Top-slicing must be evidenced by income and expenditure - minimum individual income on these applications is £50,000 for single, or £75,000 on joint incomes Up to maximum of 4 applicants considered Rental income (including any top-slicing) must provide 140% cover of the mortgage interest amount calculated at a 5.5% stress rate. Surplus earned income can be considered where the rental income is equal to, or greater than 100% cover of the mortgage interest amount calculated at the lenders 5.5% stress rate. Max age at the end of the...
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Nationwide announces interest rate cut

Nationwide have announced this week that they have cut rates on some fixed rate mortgages by up to 0.50% and some tracker rates by up to 0.70% whilst other lenders have been busy amending their own product ranges. This amount of activity from so many lenders has many believing an increase in the Bank of England base rate is more likely than at any time since the rate was dropped to its previous all-time low of 0.50%. This of course adds more fuel to the fire that an increase in interest rates is due this week.An upwards move to the interest rate on Thursday would draw to a close the longest period in living memory without an interest rate rise, with the last in July 2007, when rates increased to 5.75%.By announcing early Nationwide could be looking to capitalise on homeowners who may be worried about what a potential rise...
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Man vs. Machine

  Millennials, those born roughly between 1980-2000 (en.wikipedia.org/millennials) are exceptional in many ways. They are generally better educated than their predecessors, more ethnically diverse, and more economically active. Yet they confront greater difficulties; financial worries take many guises, from university graduates struggling with debt to saving for their first home. In recent years we’ve seen a shift in responsibility for financial matters from the state and employer to the individual and it is becoming increasingly important that Millennials are equipped with the knowledge to make confident, informed decisions about their financial future. As we progress through life, we are faced with different financial challenges. Everyone needs help to make the most of their money so they can live life to the full and achieve their goals. As a generation carrying new personal financial responsibility, it is critically important for Millennials to be on a path leading toward financial security.For those...
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