Jump to content

dean brindley

Established Member
  • Content Count

    21
  • Joined

  • Last visited

1 Follower

About dean brindley

  • Rank
    Established member

Profile Information

  • My skills
    Array

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Has anyone used Lawdepot.co.uk for structuring a commercial lease agreement? Or would recommend any others? Cheers
  2. Hi Ed Don’t hesitate to contact me about your personal property goals and how you want to structure your investments. I can provide anything from building works to financing/buying property. I’ve done 4 flips myself, started when I was 24 now 27. Fully qualified carpenter and a decent all rounder with plenty of contacts and 11 years of experience of being on the tools. Just give me a shout
  3. Hi Everyone If anyone is looking to buy discounted property in the Staffordshire/West Midlands area below market value for either flipping or rental purposes drop me a message with your personal requirements. I’m currently sorting through my contact list so I can match properties quicker for everyone’s personal needs so any property I deal with I can forward this directly to you with all the relevant information you need. Many thanks
  4. Hi Chris I would be interested to know how you got on with this purchase option. Was it a HMO? did everything go as you expected? Cheers Dean
  5. Well thanks for stating the obvious John. I am sharing someone’s details for others who I’ve had a good experience with like everyone else would on here, I didn’t ask you to pick people out. Most people are happy to pay a fee? Don’t talk wet. Why would you when you can get the same service round the corner for free and for your piece of mind he is not desperate or too busy. In fact he’s financially free so he must be doing something right!
  6. Hi peeps Anyone looking for a mortgage for limited company's, individual buy to let or even residential mortgages look no further and drop me a personal message for my brokers details. Even if you're not looking for finance right now get in touch and check for yourself for the best rates and a fantastic service with No fee. I couldn't recommend him enough, he has certainly put the dreaded thought out of my head for arranging finance in the future and i certainly would not recommend him to thousands of people if he wasn't as good as i say he is. Enjoy!
  7. Hi peeps Anyone looking for a mortgage for limited company's, individual buy to let or even residential mortgages look no further and drop me a personal message for my brokers details. Even if you're not looking for finance right now get in touch and check for yourself for the best rates and a fantastic service with No fee. I couldn't recommend him enough, he has certainly put the dreaded thought out of my head for arranging finance in the future and i certainly would not recommend him to thousands of people if he wasn't as good as i say he is. Enjoy!
  8. Hi Can anyone recommend any mortgage lenders for first time landlords for a LTD company? or any broker's who have access to these lenders? I have potentially got finance in line with The Mortgage Works which is in the hands of the underwriters at the moment and the survey will be instructed as of next week, I would just like to see if there is anything else on the table for FTL's structured as limited. Ideally i was looking for something with no arrangement fee, lowest interest rate, tracker or 2 year fixed, no ERC or am i dreaming? The mortgage works have already thrown their toys out the pram over something really silly to do with my residential status but i fired back and got my broker to argue the toss which he won so now we are on the home straight but i would just like to keep my options open and see what you guys recommend. Cheers
  9. Thanks for the replies guys, obviously most know the basics of digging property prices out and BMV deals but there's always something you might not be factoring in when it comes down to negotiation and i have just found a nice little tip on one the Links you attached so thanks for that DerekT. Alan1975 that is very true i thought it was just me
  10. You can count for at least 6 months with the refinancing process, if your cheeky like me soon as your works are complete say 3/5 months i'd pick the phone up and ask the question or get your broker to. If you are thinking of using the same lender there may be less chance if you was to try and do it earlier than the '6 month rule' they want your business as much as we want their's but be careful with your repaying methods because they see this as mistreatment to their products as you signed for a 25 year agreement to start with and don't forget to factor in your early repayment charges if you have any outstanding. As Dino v mentioned above you can get blacklisted for abusing their loans so if its something you want to do because its the cheaper option try and break it up over a long period and don't do so many in a short space of time. All these lenders can see your credit report activity when you come to apply for mortgages don't forget. Box smart
  11. Hi just thought I’d try and get a short and simple thred going on how people negotiate when it comes to buying property and any tips they would like to share so everyone can have a scan through
  12. Same page Dennis. Obviously we all have our own guidelines and limits so whatever works for each one. It’s just a bit of a head scratcher when you’ve done all your Calculations and knowing you can lock in a price reduction of 30/40k below the market value and still end up with a big chunk of cash left in when you come to do your refinancing. Most investors wouldn’t hesitate to snap them up and have no troubles with leaving 10/20k in but this would bring my buying speed down. I could sit back and maybe draw more from capital growth later on but I’m abit too impatient sometimes and I would miss out on so many opportunities in that time. I’ll figure it out one way or another. Cheers
  13. Cheers haf1963 good to know I’m on the right track when adding up my costs. I’m always looking for dead space and trying to cram in what I can to lift the value ie:- en suites/downstairs w.c and keeping refurb costs as low as poss. Exactly what you said, I came across one the other day and couldn’t pay any more than 100k for it after running the numbers but it was snapped up shortly after with an offer close to 110k. Frustrating sometimes as you know. I’m only just starting out on my buy to let path after doing 4 flips previously to raise capital to do this so I’m abit protective over leaving to much of my hard earned money in a property if you know what I mean. A few thousand I can live with but 10/15k In each deal would eat my funds in no time.
  14. Hello Just a quick one, I’ve got my eyes on a couple of properties I’d like to buy for my brand spanking new investment portfolio (LTD company) so hopefully I’m away early doors next year after Christmas.. I was just wondering what do yourselfs factor in when calculating a deal when purchasing then wanting to refinance 6 months later? I’ll show you mine below just so you can see how I approach my BTL costs when making a deal and please do mark up on any I’m missing or shouldn’t be really including. Buy at least 20% below market value Deposit SDLT Solicitor fee’s mortgage fee’s refurb costs Example let’s say this amounted to £40,000 with a £25k deposit £3k stamp £1k solicitors £1k mortgage fee £10k refurb Great, I brought the house for £100k now valued at £140k after 6 months. New mortgage 75% of £140k = £105k Cash to me £30k Now as we can see I’m short of £10k Can anyone give me any pointers or how to get as close to your cash input as possible when you come to recycle your cash? Or how to borrow further cash to round your input back up? I dont expect to get every single last penny out of the deal but I’m sure we can get very close. Maybe I need to adjust a few things I’m not sure Cheers guys thanks for reading
  15. All surrounding areas have been treated and it’s been removed.
×