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Before I get too deep in, this isn’t a post about politics, sides of the fence, rights, wrongs or any of that. From a pure investment perspective, how is Brexit affecting people’s thinking or strategy regarding property? Are people holding off buying until after March 29th? Are you confident that the UK is an island with a finite amount of space so property will forever be a good investment regardless of, say, potentially reduced EU immigration? Are you forsaking rental yield in the search of long-term growth? Or is it a distraction having no impact on your future plans? i have the opportunity to make a few investments both now and early 2019, but just weighing up whether to stick or twist while we’re in this period of uncertainty... Welcome any wise thoughts...

I read this article by Which the other day which confirms my feelings about the local property market over the past couple of years. https://www.which.co.uk/news/2020/02/how-have-house-prices-changed-in-your-area-since-the-brexit-referendum/ I've found the market really competitive and have been outbid on more deals than I care to remember. I usually invest in Sandwell, which has seen a 20% rise on it's average house price since the referendum. I feel the current level of both sale and rental prices are unsustainable in the local area, which would mean we are at a different point in the property cycle. What does everyone else think? Is there a way to prove my theory?

Hi all, Firstly my apologies for not posting anywhere near as much as I should! It is renewal time for my BTL, and I am torn between fixing in between 2 and 5 years. The two options provided by my mortgage broker makes the 2 year (2.19%) cheaper by £376 over the first 2 years, however I am swinging toward the 5 year (2.44%) for the peace of mind over the next 5 years whilst we deal with an potential fall or from the B word, whatever that may be... Appreciate everyone’s circumstances are different, but would love to hear what sort of length terms people have been, are, and are planning on going for on their recent deals Many thanks

Having dipped my toe into the BTL market for the first time last year, I’ve recently decided to attempt my first flip. Me and my business partner are planning to pool some money together and buy somewhere, renovate, and hopefully sell for a profit. If it goes well we’ll go again, if the gains are modest it may just go towards another BTL... My question (or questions) are - Which renovations will add the most value? And perhaps more importantly - are we crazy for attempting this as when all is said and done it may line up with us looking to sell the property towards the end of the year when we could be crashing out of the EU!?... for a bit of background we are looking in the south east of England, namely Kent/Essex, as this is where my BTL properties are and the project will be easier to manage. any advise would be appreciated, cheers.

Hi hubbers! Hoping that some of you may be able to give me some advice ideas about my next steps and strategy given my newbie status and the current lead up to Brexit. Current status Own house Full-time employment No debts - other than mortgage on house 100K cash in savings and cash input from parents on a pay back scheme to be decided.... Ultimate goals Within 5 years have a passive income of £1.5K while working full-time Within 10 years have a passive income of £3K leading to full-time property developing career Current strategy Buy and flip a house before April 1 2019 (purchase 60-70K, refurb 10-20K, sell 110-120K) Buy and flip a second house before April 2020 (as above) Both of these would be done out of Ltd company, registered as my main residence to avoid income tax With profits place these in a Ltd company and start to build a BTL portfolio using the BBR strategy Keep building BTL portfolio until the 1.5K goal is reached then grow cash pot/pay a large chunk of loan back through flip or new build and then continue to reach 3K goal. Question/Help 1. Do you guys feel that this is the best strategy given the current unknowns about Brexit? I took part in TPH survey and listened to the responses and I agree with the majority that not much will happen and to continue with my current plan. That said, if property prices were to dive over the next few years then my strategy clearly does not work 2. I was thinking that an alternative strategy would be to use the 100K for deposits on 4 houses and refurb using bridging finance then refinance and let these. The money out I would then use to pay loans, before seeing how the finances and outlook is and then and make my next move, new build/HMO/flip. But again if prices were to drop my refinancing could be limited 3. What strategies or cover are you putting in for Brexit at present? As always I really appreciate all your help and advice. Mike

Hi All Can anyone shed any light on how they think Brexit is going to affect the market over the next 6 months to a year? (and beyond?!). I'm looking to buy an apartment on the seafront in Kemp Town, Brighton, East Sussex with my other half and I'm conscientious of the seemingly flat market conditions and nervous of a drop in property prices because our strategy is FTB BTS. Kemp Town itself seems to be in a micro-market of its own! There's no reason or rhyme to the pricing or any logical sold house price data; it appears vendors are inflating their prices for London buyers who don't seem to be around anymore, which is making determining the true value of the one we're interested in somewhat harder! I'd feel more confident that we've found a good deal considering where we are in the property cycle, but Brexit is throwing a spanner in the works! Wondering if we should wait 6 months or so if things are going to get worse, which would open up opportunities to find some great deals? Any insights on a local and/or national basis would be much appreciated. Happy investing! Cloe

Hi Hubsters, Recently stumbled upon Rob & Robs pod cast as I am keen to make my way in the world of property investment. I don't think I have an issue financing the odd buy to let or flip project but I am in need of sound, genuine advice as to where to start and what my first moves should be. Lets say, I have the funds in place to buy at my disposal... I want to find a property 20-30% under market value, so I look at auction sites /repossessions etc... what happens next? I see one in an area with all the right fundamentals. Do I pay for the property to be surveyed? get builders in to look and price all the work up and then go along to the auction with a maximum bid in mind to try and buy that property? What fees surround these transactions? Apologies if this sounds so so basic and uninteresting but I am struggling to get my head around the order in which these steps take place. I am aware it's always going to be a risk but want to ensure I do my due diligence to limit the number of risks I take. Also, As I am looking to venture into the world of flipping properties and buy to lets, does any one have an opinion as to how Brexit will affect house prices/market and if so, when? From a common sense viewpoint, S24 aside, B2L seems less risky as the renting market will never really drop and if you own the property you will keep it through the housing price drop? Where as if you purchase a house with the idea of flipping it in mind, and all of a sudden the market drops. which with Brexit round the corner is surly a possibility? Any feedback or conversation to issue some sound advice would be muchos appreciated, also if you guys know which number podcast any of my points may be relevant to, please let me know. Jon.

Hi there! I'm seeking some advice from forum readers, hope someone will be able to help. I am getting close to exchange for a flat I'm buying in London SE8 and doubts are starting to to assail me, after reading doom & gloom stories about the UK property market (and especially London) flatlining and potentially gearing towards a massive decline. I fear that I'm about to buy at the peak of a property bubble, which may soon burst, leaving me in negative equity with an overpriced studio flat in my hands that is worth much less what i paid for. The specifics: I'm purchasing a large-ish (35smq) studio flat in Deptford, London, which has a short lease and is in need of major renovations (with everything that comes with that - lawyers' fees, negotiations and various hassles). The asking price is £200,000, with a further £30,000 I am expecting to pay for the lease extension and renovations. On a positive side, in a couple of years I could find myself owning a long-leased, completely renovated, super studio (separate kitchen, separate bedroom, lounge, hallway) for £230,000. For the current market conditions, and considering it is 2 minutes' walk to two mainline stations, 5 minutes by train to London Bridge and 10 to Cannon Street, it seems a bargain. However, here's my doubt: what if the market continues to decline and potentially slumps in London after the elections and because of the Brexit uncertainty? What if the same property in six months' time would be worth 10% less its current asking price and I find myself in negative equity? I know no-one has a crystal ball to predict what's likely to happen, however I am reaching out to see if anyone is in the same boat, faces similar dilemmas, and what their thinking is. Thanks! J

HI All, Really going through a dilemma now, so would appreciate any advice. I've heard good things about this forum from friends, so decided to give this a go. We're currently in the process of buying a house in Maidenhead. To give some context first, the house is in a great location (close to centre, outstanding catchment etc.) and M'head is on the crossrail route with a town centre regeneration due in the next 3 years or so. So all in all, sounds good you'd think! However, Crossrail appreciation has already been baked into prices across the town so prices are quite steep already! So back to my own conundrum. We've got 8% off the asking price for this house, which I thought was quite high in the first place. However, there's another property within the same estate of houses, now being listed at 4% cheaper, and is highly likely to eventually go for even cheaper. This is reflective of the downturn in the market and the inflated prices in Maidenhead not holding up as much anymore. We've already gone back and forth on this property a couple of time to get to the 8% discount, and now we're less than 4 weeks from potential completion. We like the house, and do think it works for us (location + size) for the next 5 to 10 years. The intention is to stay here for that long at least. But we're really worried that we're paying more than we should, and if the other house gets sold for a lot cheaper, then we're going to see our house value fall straightaway once we've moved in! We're talking at least 25k-50k range potentially, depending on the price it gets sold at. The only difference between both houses is that ours has a garage and a slightly longer garden, but the other house has a extra en-suite (not room, just the ensuite). Floor space is pretty comparable. Apologies for the long post, but any advice would be hugely appreciated! Many thanks P

Hi Guys, Wanted to get your thoughts about BRR strategy to get majority of money out with Article 50 looming. Doing a full refurb to force appreciation and then seeing prices drop due to Article 50 would be devastating.....do we think this is likely?

I am a first time buyer - and have my deposit and everything set up to purchase my first home - however I am concerned there will be a potential crash/drop in property value as article 50 (brexit) is due to be signed this spring. Should I hold fire and wait to see what will happen to prices and not rush to buy now? Personally it is a good time for me to buy now but I dont want to make a massive mistake as it has taken me a lifetime to earn my first deposit. Thanks all

Since June talk in the property sector has been heavily focused around the Brexit, falling Pound to Euro rates and an uncertain future; largely because of media scaremongering and the majority of people not actually knowing what the future will hold. UK buyers have become increasingly worried about investing their money into Spanish property or have reduced the amount they are willing to spend based upon the exchange rate being at a much lower rate than this time 12 months ago. Instead of negativity and always looking for why not to invest, why not look at some very interesting and valid reasons to invest in Spain now – There really has never been a better time for UK buyers with money in their British bank to invest into Spanish property. 5 Reasons To Invest Into Spain 1. Interest rates are at an all time low in the UK meaning you make 250 pounds per annum on every 100,000 pounds in your bank or just 2,500 pounds for every 1 million pounds. 2. Short term and long term rental demand in Spain is at a record level. This means you can buy a property and have a fantastic chance of generating at least 5-7% per annum on your money minimum. 3. Resale and new build properties in Spain are still at their lowest prices with many Brexit confused vendors taking silly offers…grab a bargain and maximise your investment at both ends. Instant equity, better new build deals than ever and instant ROI 4. Some lenders can offer 100% finance on a portfolio of exclusive residential and commercial properties including the ability to include purchase taxes, notary fees and closing costs within a fixed rate mortgage of 1.25% up to a term of 40 years. The benefits of this type of investment are huge – fixed low repayments, no penalty for overpayment, low deposit and much more. 5. Spanish banks are offering more than double interest on savings accounts than the UK – why not maximise your return via a property investment and also earn more by putting some savings into your own Spanish savings account?

So, in the wake of the referendum decision, a lot has already been said about how this will change the London property market (see more here). But how do you envisage this will impact YOUR short and longterm plans? The nation is still reeling from the result, but what does this mean for UK investors? Get your Brexit thoughts off your chest here.

In this special episode, Rob & Rob give their immediate reactions to what Brexit means for property investors. Listen here and we'd love to hear your thoughts below.

It's the conversation on everyone's lips this week, and we'd love to know what you think. Please do vote and if you'd like to tell us more about your thoughts then leave a comment.