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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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Interest Rate unchanged at 0.5%, but extra £25bn for economy

Interest rates remain at 0.5% after the announcement today from the Bank of England, this being the eighth successive month since reaching the all time low in March. The Bank has decided to pump an extra £25bn into the economy via their quantitative easing (QE) programme, having already spent £175bn on it so far. The Bank of England said it would spend this extra money over the next three months, which represents a slowdown in the rate of putting money into the economy – in the previous three months it had been £50bn. In the Bank’s statement they go on to say that “A number of indicators of spending and confidence, however, suggest that a pickup in economic activity may soon be evident.” View the full BBC Article or visit the Bank of England website.
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Tool Review: Google Maps for the property entrepreneur

Google maps is not a tool that people would often associate as being useful for helping build their property portfolio or even just to help search for a new property to live in. However Google maps can be invaluable in taking a first look at a property before a viewing, reviewing a property and its area if you are not local, or identifying any potential issues in the surrounding area. I’m sure you will have used Google maps, or one of the various other map tools before. But if not it is very easy. Simply enter the Postcode or street name of the property you are investigating in the search box. So how can Google Maps help? The way to use google maps as a tool is to become a detective. You are looking at clues that will either give you a positive view or a potentially negative view about a...
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BoE and ECB Leave Interest Rates Unchanged, 0.5% and 1%

The Bank of England today announced it would leave the interest rates on hold at 0.5%, now the seventh successive month. The Bank also decided to continue with the quantitative easing (QE) which is likely to take another month to complete. – View full BBC Article Also today the European Central Bank (ECB) kept interest rates on hold at 1% and is expected to wait several months before raising then in order to help the eurozone economy. – View full BBC Article
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Tool Review: iPhone rightmove.co.uk application

- Review - The UK’s number one property website, rightmove.co.uk, has recently launched an iPhone app to help property hunters search for the ideal home, whether that is to live in, as an investment or just to rent. As you’d expect the application has most of the easy to use functionality of any iPhone application and links into the GPS to find your current location, along with using the map function to display the location of the property. This is particularly useful if you stumble upon a property while out walking or are driving around a potential investment area. To find a property for sale or to rent, you just enter the postcode or use the “Get my current location” function. As with the website you will be provided with ANY properties in the selected area, and you can then amend the search to broaden or narrow your selection. You are...
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