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About challisj

  • Rank
    Established member

Profile Information

  • Location
    Nottingham (Meetup Leader)
  • About me
    Self manage property investor in my local area, providing quality houses for local people to make into homes. Offering services to other investors of all kinds including sourcing, refurb management, area reviews, deal support, purchase advice, tenant find, full management and all services in between. Willing to share my experience and shape a proposition to meet your needs.
    Make me a pitch and I will respond with an offer. There is always something we can do for each other!
  • Property investment interests
    Investment Strategies and the people impact. How to be true to yourself and still make money
  • My skills
    Organisation, systems, processes and electronic automation. Analysis and emotional engagement.
  • My goals
    Grow, learn and retire early with support around me to share the journey!
  • Interests outside property
    Cycling and Environmental matters

Recent Profile Visitors

3,271 profile views
  1. I live and work in Nottingham and run a Property Networking Group. If people want to discuss Nottingham investment more generally and specific areas / considerations in particular then this is the place. Lots of investors who have active portfolios (and opinions!) come to our regular monthly meetup as well as supporting our wider community throughout the month. I actively invest (for Yield mostly) in Nottingham for myself and on behalf of others. Happy to chat on the phone to bounce ideas around. The biggest challenge with Nottingham is the sheer variety of opportunity and lots of str
  2. I give each property a unique code or reference that only I know (I keep a backup log elsewhere in a coded form). I then use matching coloured key tags from Toolstation https://www.toolstation.com/key-tags/p44638 (so quite cheap) to tag each set of keys for the house. Finally I give each house a lanyard to hold the keys. So when I need the keys for a house I just need to reach for the correct lanyard (they are all different brands, colours etc). When I give out keys to tradesmen I need to make sure they are tagged otherwise I risk getting given random keys back at random times and not kn
  3. Noticed that this thread has come back to life after a few weeks. I run a free networking event (now online) for Nottingham Property Investors. We have a number of dedicated tradesmen and Pros (mortgage brokers, B2L accountant) all focused on our needs. Search Eventbrite for "Nottingham Property Circle" to see more details. Or if you want to know more about the great teams that we have one board and the services that myself offer please just get in touch directly. PS: Where are you based?
  4. Anyone made enquiries about this new "beta service". Seems too good to be true since little or no costs that I can see listed. Free listings on Rightmove and Zoopla are rarely free IMHO. https://mashroom.com/landlord Thoughts and insight welcome please. Jonathan
  5. I run a networking group for Nottingham investors in case that is of interest. Along the lines of the old PH Meetups but virtual for now. Search on Eventbrite for Nottingham Property Circle and you should find our events (2nd Thursday of the month). There are lots of fellow investors and experience out there who are happy to share and learn together. Please send me a PM if you think I can help further. Regards Jonathan
  6. Try my dedicated BTL Mortgage broker that services all of my Nottingham investors and supports our Nottingham WhatsApp group: Mandy Waby, Veracity Financial Planning on 07860 274357 https://www.veracityfp.co.uk/buy-to-let/mandy-waby She has been very helpful to me and my contacts over the years and provides a full "To Completion" service.
  7. I can only echo the issues with high street banks taking forever and requiring lots of bureaucracy. I can highly recommend Starling since unlike Tide there are no transaction charges. I object to having to pay for every credit/debit however small the fee. Consider applying for more than one and see which you find works best for you? You can always close later. Lots of change of course so you need to keep an eye on the evolving banking conditions.
  8. I would suggest looking at one of the up and coming suburbs slightly further out from the centre where there is still potential for growth. Areas with strong fundamentals including schools and transport links to make the other benefits of Nottingham easily available. So follow the tram line and bus routes as well as the major road arteries. How about looking in NG5 or NG6 with good access to tram and buses? Hope this get you thinking - there is so much variety and opportunity in Nottingham! Jonathan
  9. I can highly recommend Starling Business (and personal) current accounts. The mobile app is really easy to use and supports most tasks you will need, but it is also easy to logon using a laptop and access from there. And no fees so great if you have a period where you aren't using it for much. The personal current account pays interest and once I had opened the personal, then opening a business was very smooth (the recommended way to build the relationship and ease the journey apparently).
  10. I run a WhatsApp group for investors interested in Nottingham and surroundings. We have a lot of experience in the group so can help each other out. If you come to our meetup (online and this Thursday as it happens) then you will find out more (details below)! Jonathan Challis E: Challis8@gmail.com M: 07847 303273 W: BespokeNPS.co.uk Eventbrite: Nottingham Property Circle Share - Learn - Build
  11. All sounds very strange a makes one wonder about their trust worthiness in general. Be aware that Modern Method of Auction has the concept of a £5K+VAT reservation fee which is additional to the agreed hammer price. It is not returnable and is a fee for buying essentially. Auction deposits are normally 10% of the final bid so please ensure you are aware of what kind of auction you are operating in. They might be giving you a way out from paying a lot of fees that might make your deal look unattractive? Do come back to us to let us know what actually is going on if you get to
  12. Just to support previous replies it really depends on when the work was done. If more than 10-15 years ago then planning departments are much less likely to start investigating. Also if done many years ago it can be argued that no additional regulations were required and so none were sort. It is nice to see that some agents at least do advertise these properly. So many in Nottingham would list it as 3 bedrooms even though there are no building regulation certificates are available for the work. I am not sure about a retrospective compliance certificate but if you are concerned you
  13. Hi there. I source (and live in Nottingham) having my own portfolio and managing properties on behalf of others. Sounds like you have come a long way with your research. Advice on financial structures and mortgages really needs to come from a specialist tax accountant and a BTL mortgage broker (I can recommend a few Nottingham based people) but if you want to discuss Nottingham and the variety of BTL choices it provides please do get in touch. The first task is to narrow it down to a few postcodes otherwise Nottingham options can be a bit overwhelming. Like Liverpool streets and areas
  14. Hi Tom Thanks for laying out your structure. It all sounds sensible and achievable and amazingly long term. As Andrew has said be prepared for your ideas to change as you learn more and get experience. (After all we learn from experience don't we?!) In your initial research it might help to chose a specific city since otherwise you might find you are lost in research into the ups and downs, strengths and weaknesses of multiple cities. The choice may well be a little arbitary initially but making a choice might help refine your plans. I myself invest in Nottingham but then I ch
  15. As always the challenge is in the fundamentals and predicting the future appeal. As our lives and society changes that may well change (consider how people have moved from flats to houses and back again over the years). I would just add that access to facilities such as shops and services is also crucial to many people's choices. If you are going to have to queue or go shopping at unusual times you want to have choice and not be too far from home I would suggest.
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