Jump to content

Search the Community

Showing results for tags 'advice'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Property Hub
    • Housekeeping
    • Property in the news
    • Introduce yourself
    • General property discussion
    • I need advice!
    • Progress journals
    • Property Podcast discussion
    • Property Hub University
    • Chit-Chat
  • The Property Hub Summit

Calendars

There are no results to display.


Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


Skype


Location


Areas I invest in


About me


Property investment interests


My skills


My goals


Interests outside property

  1. Is there something you wish you had known when you first started? What piece of wisdom changed the way you work? Was there a big mistake you made that you've learned a lot from? It would be interesting to hear any thoughts. Thanks!
  2. Hi, i'm a first time BTL investor. I would really appreciate views on whether this is a good investment. 1 bed flat £150k in Saxton Lane, Leeds LS9. It's off plan development to be completed Q3 2022. Rental yield 6.5%. I'm interested to know if Leeds as a whole is worth while and particularly this area of LS9 which is a 17 min walk to the station. Plan is to keep the property for 5 to 10 years. I've heard growth in Leeds is expected to be 3.2% p.a is this correct?
  3. Hi all, Looking for some advice! Completely lost and have a long term (almost terminal) case of analysis paralysis! Situation Mortgage on a flat valued at £215k. £66k left to pay on the mortgage. £30k in savings. We'd like to move up the ladder to a house, but keep the flat as a long term investment. Strategy Move the flat to a LTB, buy a house with our savings and the equity released from the flat. As individuals our mortgage in principle figure is £261k. The max we can release from the flat is £161k. We are trying to understand what is the most tax efficient
  4. Im an accountant who deals with a lot of individuals who are investing in BTL and those who have a property portfolio. Dealing with the tax compliance and advice. If anyone would like any advice please do not hesitate to contact me.
  5. Hi Everyone, I came across this site from researching on google. I am looking to educate myself on property and see if property investment is for me. Looking forward to engaging with you all.
  6. Hello all. I’m 22 and have just started my property investment journey. Although I have not actually invested yet, I have begun reading and researching as well as focusing on saving as much money as possible for when the time comes to finally make that first investment. As you will all know, there is a lot to learn and so I am eager to speak to people who are further into their journey than I am. One of the main areas I wish to further my knowledge in at this stage is the amount of money I realistically need to start investing. I earn an average wage working a 9-5 job and currently do not have
  7. We are in the process of buying a btl with a little added bonus - a small building plot for 2 small houses on a derelict plot of land that comes with the house. The intention is to build, refinance and let. We are full of good intentions and need to keep momentum. We are not expecting to complete for another 2 - 3 months (probate, covid etc). We want to use this time to educate ourselves on building houses - we won't be doing much of the work ourselves but know that we want to project manage rather than have a turnkey build. We've had a general google - does anyone have any recommendatio
  8. Hi, We have just completed on out first new build property. I just wondered if anyone could give a list of key documents we should insure we get from the developer. I imagine Gas safety certificates. Do we need FENSA certs? Are there any other important documents or things to be aware of? Any advice on this would be greatly appreciated. Thanks in advance. Chris
  9. Anyone got any experience of setting up a declaration of trust, or currently have this set up..with an understanding of how this effects your borrowing abilities? want to set up declaration of trust in favour of my wife 99vs1%. Can we still have joint mortgage or not? Thanks
  10. Hello all! I am looking to start a property investment journey. I haven't bought any properties yet, and am busy learning about the strategies and practicalities still. At the moment I am leaning towards professional let's, managed by an agent. I would like to keep my investments in the UK but other than that I will be taking professional advice, and will likely use a property sourcer for the majority of my searching. My goal to build my portfolio to the point it can support myself and my family. I'm pretty ambitious, so I will try to invest as much as I can as fast as I can, th
  11. Hi all, I have just started out on my first business venture with a friend of 7 years, we have currently set up a limited company which will house our property portfolio and are in the middle of purchasing our first 2 properties one in Sheffield and the other in Doncaster. Our short term goals at the moment are to be able to focus on this as a full time career and leave our current jobs. We both have a fair bit of experience in construction so hoping this should help us on our way. Any tips would be appreciated and anyone investing in these areas please feel free to get in contact.
  12. Hi All,I'm just after a bit of advice really. My partner and I had reserved a new build prior to COVID using the HTB scheme and had a mortgage offer ready to go for exchange but the pandemic struck. The build was then stopped and completion window moved from initially Aug-Sep 20 to Jan-Feb 21. Unfortunately my partner has been furloughed and this mortgage offer has since expired. We therefore haven't exchanged and will be unable to do so without a mortgage offer. We are trying to arrange for another mortgage offer but despite being way under the possible affordability threshold of our mortgage
  13. Hey all, By way of introduction my name is Indy - recently stumbled across the property hub podcast and have been addicted since - listening throughout lockdown with most episodes repeating throughout the day. i recently was fortunate enough to purchase my first property that I currently live in . Starting at zero again and putting my goals and strategy onto paper I have come to a road bump - I need some advice / guidance if anyone could be so kind ; My aim is to save as hard as I can , possibly a grand a month for 2/3 years , in that time I would have built some equity to
  14. Hi guys so have been on this forum since April but been working on doing my first project since Dec last year. Done some reading (thanks Rob And Rob ). Got my calculator sorted. Got a big chunk of cash saved up (big for me anyway). I am on a couple of property groups on Facebook and constantly bombarded with deals and sourcers. But cant find a decent sourcer or deal. But I feel a little stuck. Even though I only got my cash together in July. My situation is - have about £25k and want to do a flip or two to build up capital. Trying to find deals around S.Wales
  15. So I currently own my own home where I have been living for 4.5 years which I was lucky enough to buy myself (saved by living with parents). My long term partner (not married) has just agreed to buy a new home for us to move into which will be an upgrade for us both and this will be in her name (until married). I now have the fortunate option of what to do with my property (Paid 178k now worth approx 210k - 2 bedroom on South coast). My first thoughts is to rent out my property but given my circumstances obviously the property is not within a limited company and I am just on the edge
  16. Good morning guys and girls I recently bought my council house with my mum through the right to buy scheme. Paid £199k house is worth 310k. I have 30k In saving which was originally for my first house until we decided to buy this one. I now want to buy a house cash (my mortgage is 1k a month so don’t want a btl mortgage aswell ideally) . My plan is to buy a 2 bed terraced in Grimsby for 34k and rent it out give it 6months then get a 100% remortgage and buy another and get 2 streams of rental income and have only 1 remortgage to pay (still paying residential obviously) . However talki
  17. Hello, I would like to start building up my portfolio of rental properties in an SPV format. I am keen to start contacting mortgage advisers to look for the best limited company BTL mortgage rates. Does anyone recommend a good mortgage advisor with experience of helping a newbie get into the market ? Thanks Camilla
  18. Hello all! My partner and I are really keen to get started with building a property portfolio of Buy-to-Lets and HMOs. We have been doing a lot of research over the last 9 months and have begun saving some cash to get us started. I have around £6000 in a Lifetime ISA (and growing by the month) and we are trying to come up with our strategy for the next 5-10 years to create a property portfolio. Our aim is to be able to either quit our jobs, or be in a position where we can work/volunteer in an area that we are passionate about without having to worry about the salary. We do no
  19. If a parent wanted to sell a property to their child for half of the value of the property, helping them to get onto the property ladder, would the equity in the house be enough to count as a deposit for the mortgage? For example, if the property is valued at £300k but the parent sells to the child for £150k, this leaves £150k positive equity in the house. Does this mean that the child would not need to put a cash deposit down? Thanks in advance for all advice!
  20. Hi, im looking to begin my journey into real estate and have plenty of cash saved up to begin. I was looking for some advice on how to invest it and what is the best way in 2020?
  21. Hi, I have Inherited a one bed property on a prime plot of land (valued at c.600k). There is potential to redevelop into a 5 bed property by either knocking down and starting from scratch or use the existing shell of the current property. What I'm not sure about is whether it would be better to make it into a 5 bed or 4 bed. I'd like to know how I can find out what the demand is for either and whether it's worth investing a bit more turning it into a 5 bed rather than 4. For context, the property next door was redeveloped a few years ago and is a 4 bed which has been valued at
  22. Hi, Does any one have any recommendations for a solicitor to work on a ltd company buy-to-let purchase in Liverpool? Any help or advice would be much appreciated, this is my first one! Thanks, Kate
  23. I’ve done a few flips this year but as the buying and selling process takes so long, realistically I need to have more than 1 on the go at once. As I only have enough capital to put into 1. Is there a strategy / contract where we could agree a price with the seller for the property then pay after the refurb is complete and sold and also offer them a % of the profit on top? Someone mentioned about assisted purchase, deferred payment and development deals but didn’t elaborate on the detail.... thanks all
  24. Hi there, I am purchasing two flats in Leeds and need a recommended company to do the surveys. Any recos? Thanks a lot Nick
  25. Hello, I’m after some advise on my strategy. I have 2 options. I currently rent out one property and have done for 5 years. I am currently living in rented accommodation at the moment. What would be the best option without going into too much detail I have summarised the two options below: Option 1: > Continue renting out my rental property. > Continue living in rented accommodation. > Buy another investment rental property for around £100k (add money by renovating) and rent out. Option 2: > Continue renting out my rental property. > Buy
×
×
  • Create New...