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Found 10 results

  1. Hi Everyone, I have made the decision to travel up to Leeds next weekend to carry out some viewings on property up to about £110,000. Only have 1 day and i want to make the most of the trip to get a feel and understanding of what and where is good new for a B2L and i don't want to waste any time doing it. can anyone advise me on some particular B2L hotspots in Leeds that i should make sure i go and see? I am split between going for a 1 or 2 bed apartment or a 2 bed terraced house that needs some TLC. any advise would be really welcome.
  2. Hi All, Sorry for the long post. I'm totally new to this and was hoping to gain advice from you all, so any wisdom imparted would be sincerely appreciated. I'm interested in beginning my property investment journey after gaining much confidence from the contents on this wonderful site. I'm from Birmingham but live and work in London. Initially, I was looking for a high yielding B2L property in somewhere like Sheffield or Nottingham, to potentially net between £500 - £1,000 per month cashflow to generate some passive income. As a newbie, I want a hands off approach, interested in mode
  3. Hi all, Just looking for other investors opinions on a potential deal I've been looking at - 2 bed terrace in Kingstone, Barnsley Asking price - £75,000, expect to get it for £70,000 - numbers based on £75k though Rent - +£450 (tenant in situ) Interest only mortgage at 3% on £56250 -£140 Management at 7.5%+ VAT -£35 Buildings Insurance -£12 Total NET - £263 PCM Money in - £22,300. I would appreciate your thoughts. Thanks, James
  4. Hi there, Today i phoned for the first time a group of solicitors to ask how much would i have to pay in legal fees and in stamp duty for my First house (1st time buyer) and how much the stamp duty would cost me. They said that for a 250000£ House i would not pay stamp duty since i am a first time buyer and i will live in but i would have to pay a high rate stamp duty on my second purchase purchase is this case a B2L or a HMO. They talked around 14000£ for the stamp duty of the second house and i was completely shocked to hear that. Is there any way that i can go to
  5. Hi All, We are looking to make our first purchase in the UK, we are British Nationals working in the Middle East for 9 years now. I am looking for recommendations on accountants and mortgage advisors for expats Garry
  6. Hello all, My girlfriend and I are in the current situation and would love some feedback/words of wisdom: -We are very keen to invest in property to help bolster pension plans -We have 25k to spend that we have saved up over the last couple of years. -We rent in London zone 2 but would like to own a home in the near future, at this point we would move further out where it a bit more affordable -I have a decent paying full time job, my girlfriend is a freelancer -We have spoken to a mortgage broker who says being first time buyers options are limited. We are so keen to get goin
  7. Hi all, My partner and I are wannabe first time buyers but also very keen on getting stuck into property investment having spent the last 18 months researching and saving up 25k. We live in London and know that we will have to move further out at some point to afford a residential mortgage. I'd be keen to know if: Having a B2L mortgage first affect our chances of getting a good residential mortgage deal in a couple of years? Would hubbers advise that we get a residential mortgage first and then save up again to invest? I'm keen to get investing and not too scared off by the st
  8. Hello, I am refurbishing a house to be ready to be marketed by mid-July. This is a 4 bedroom end terrace home ideal for a family of which I intend to let unfurnished. It is an ex-local authority property. I want it to stand out and make it desirable and ideally fetch a healthy monthly rent. My questions to all you existing landlords are as follow: 1. Do you stage your properties for rental? 2. if yes - how much furniture to you stage the house with? 3. If yes do you have a company stage it for you (rent furniture for a few weeks?)? Do you buy the furniture and bring them ar
  9. There has been a buzz surrounding Peterborough for some time, following announcements of various development plans taking shape in and around the city. Peterborough, which was previously best known for having good transport links to bigger and brighter nearby cities, is undergoing a huge period of regeneration with a recent announcement made by Peterborough City Council declaring that UK and overseas investors are backing an impressive £130million regeneration plan. Read more at the BBC here; http://www.bbc.co.uk/news/uk-england-cambridgeshire-26229020 The redevelopment plan will see
  10. Hi Everyone, My names Emma, I have been working in the private rental sector for 5 years and I have experience in all aspects of the letting industry. My current role is as the General Manager for a leading letting agency operating out of franchises in both Peterborough and Cambridge. The focus of my role is overseeing the day to day operations of the business, business development, future planning and to help new and existing clients to build and improve their property portfolios. I am passionate about all aspects of the letting industry, but especially buy to let and helping clients
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