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.

Click the icons above to go to the section of interest. 

Base rate stays at 0.5% for 18th Month

The Bank of England (BoE) today kept their Base Rate at the all time low of 0.5% for the 18th Month. They also decided to maintain the size of the Asset Purchase Programme (aka Quantative Easing) at £200bn. This is amid uncertainty over the actual strength of the economic recovery. Although there has not been any views that the interest rate was to go up in August, there is lots of speculation and varied opinion as to whether interest rates will rise soon and even more over how long it will be until they rise significantly. Indeed there is some thought that rates may stay low for 4 years. The current inflation figures are well above the banks target rate of 2%, but have been falling over recent months and the bank still believes it will fall down close to their target this year. "The MPC made the right decision," agreed...
Rate this blog entry:
Continue reading
314 Hits
0 Comments

11 Top Tips for Buying at Auction

Buying a house at auction is easy when you know what you are doing but can prove costly if you don’t take some simple precautions. John Davies from Hedge Property Group gives some advice for anyone wanting to invest in property or just needs to grab a bargain 1. Plan your exit strategy – know what you’re going to do with the property 2. Visit the property with the valuer 3. Have the legal pack checked 4. Visit the local letting agent – Do your Due Diligence! (see http://www.justdoproperty.co.uk/due-diligence-in-15-minutes for more help with this) 5. Choose the auctions wisely – sometimes going to the quieter auctions pays off 6. Never, ever bid first 7. Be careful of ‘off the wall bids’ 8. Bid when the auctioneer says “going once, going twice” – and watch other bidders, who’ve done their homework 9. When the auctioneer says “it’s in the room” that means...
Rate this blog entry:
Continue reading
1045 Hits
0 Comments

Landlord insurance is a cheap essential

New landlords who are waiting out the property market by renting out their homes should make sure they have the appropriate insurance. This is according to one comparison site, which notes that landlord insurance can be bought for under £100 from Simple insurance. Moneysupermarket.com warns landlords coming into the private rented sector for the first time that they must first ensure they are protected against arrears. The rise in new landlords is attributed to growing tenant demand, landlords planning to expand their portfolios and increased availability of buy-to-let financing in the market. In addition, including cover for other contingencies can also save more trouble in the long-term. Julie Owens, head of insurance at the site, said: "Landlord insurance which includes Rent Guarantee cover or legal expenses can be more expensive, however if things go wrong between a landlord and tenant legal proceedings can involve a hefty cost. "It is important to have...
Rate this blog entry:
Continue reading
645 Hits
0 Comments

Bank of England keeps Interest Rate at 0.5%

As widely expected, the Bank of England (BoE) today kept the Interest Rate at the low of 0.5%, which it first reached in March 2009. At the same time the bank decided not to inject any more money into the UK economy and therefore left the level of quantitative easing at £200bn Interestingly a Reuters poll of 61 economists suggested that the central bank would not raise rates until next year. For more information visit: http://www.bankofengland.co.uk/statistics/li/2010.htm Please share this news item via Share and Enjoy and please do leave a comment on what you think - we always love to hear your thoughts.
Rate this blog entry:
Continue reading
493 Hits
0 Comments

2010/11 Tax Busting Checklist

Colin Davison from Cranleys Property Tax Advisors has put together a very comprehensive 2010/11 Tax Busting Checklist. Below is his detailed section for Property and Loans. Has you accountant mentioned these points to you? You can download the full 2010/11 checklist covering all the following areas: Business Planning Business planning, especially if you have a Limited Company Employees – remember that if you are a director of your own limited company that this includes you. Benefits in Kind Personal Planning Investments Property and loans VAT Administration Property and loans 81 Consider buying your next buy-to-let property in the joint names of yourself and your spouse/civil partner as tenants-in-common. The rental income can then be divided between you according to the proportion of the property you each own, e.g. 20%: 80%, giving the lower earning partner a bigger share, so the rents may be taxed at the lower income tax rates. Yes...
Rate this blog entry:
Continue reading
641 Hits
0 Comments