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Showing results for tags 'first deal'.
Hi everyone i'm turning 18 in a few months and looking to get on to the property ladder (based in Nottingham, so looking to invest here). I'll be looking to get a residential mortgage and rent out one of the rooms on spareroom to help pay the mortgage, and hopefully will be able to benefit from capital gains that i will be able to pull out in a few years once i'm 21, which i can use towards a BTL mortgage. Would appreciate anyones thoughts on this and if its even possible (I will be earning £18k a year when im 18), as well as any recommendations for a mortgage broker that could help me o
Hi all, really looking forward to getting stuck into this forum, been listening to the podcast for a few months now and am excited about being a part of this great community. Bit of background; My family business is property, my grandad built lots of blocks of flats in the 50’s/60’s and kept a few in a portfolio as a legacy. Because of this Ive always been interested in property. I fell in to working in finance after finishing school and worked for 20 years in various sectors. (If you’re having any trouble getting your bills paid on time I may have some tips for you ) I bought
Hi guys, This is my first post in the forum! A bit about me and my situation to begin. I'm 24 and live in Chelmsford, Essex. I bought my own flat BMV in May 2018 and have just completed a full refurb on it to add value. I am hoping to finance to the new value and pull out equity to invest in April 2020 when my mortgage product runs out. I have also saved £17k cash that I am looking to put towards a BTL investment now. I am investing mainly for cash flow for the time being. I'm a fitness instructor and teach around 20 exercise classes a week as well as seeing sports massage clients,
Hi guys, Jake here, I've just had an offer accepted n my first property! Exciting.... A 3 Bedroom Mid terraced house in Newport, South Wales. It's linked to a new estate but was built in the 50's, they've really managed to blend them together well. I've purchased the property for £70,000 and in all fairness the inside is a tip but it was purchased from a debt management company. It needs, double glazing on the back, plastering throughout, new bathroom, new kitchen, standard stuff. I've budgeted £15,000... Realistic? I've had an estat