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Found 9 results

  1. I own 3 buy to let flats two are tenanted. One 1 bed flat, in a good area on the south coast near Brighton for serviced accommodation, it only has a lease of 66 years and my buy to let mortgage has expired, I cannot find a buy to let mortgage company who will mortgage the flat. It has been on the market and empty as I was giving up on the buy to let although it was giving me a good profit of £500 a month. I have been racking my brains and I have been hearing about the serviced accommodation business. I am thinking if I could get a serviced accommodation company set up, could I get a commer
  2. Evening all Ive been offered a holiday let which im keen on taking, it requires more capital than ive got so im considering using a personal loan towards the deposit. Ill take a loan of £25,000 combined with £17,000 re mortgage funds from another property. Does anybody know if this is going to raise any problems with either the brokers or lenders? Thanks Jay
  3. Hi All Please can someone advise on a reasonable r.o.i and term I can offer a cash investor so I can proceed with my 2nd venture into buy to let or possibly a flip. and advice would be grateful ;-)
  4. Hi Everyone Great to be here. Been listening to R&R for a while a just wanted to say how awesome and inspiring you guys are thanks a lot. Well this is me, I'm 36 from Doncaster and been a builder since leaving school in 94. Iv seen so many people over the years get in to property and do well and built many new builds as well as convert property for so many and always planned on doing myself, but unfortunately Iv always found excuses like money, time, children you name it Iv used it. 1 month ago a friend of mine also a builder in the same predicament asked if I fancied going in 50/50 on
  5. Hi, i'm looking for some advice. Myself and business partners (all professionals within the construction industry) are about to purchase properties in the South Wales are and to date have worked on strategy, business plans, locations, types etc etc. We've taken some advice independently (locally) but wondered if anyone has any other suggestions to raise the funds to commence our goals for succeeding. We have a plan which we want to achieve and it basically commences this year (Now) after much pre-commencement work in terms of plan for succession, business plans, targets etc.
  6. WOW do I need this website and forum! Talk about venturing into the unknown.... scared and excited....... We (husband and I) are looking purchase a property for use as a furnished holiday let. I have started to read up on all it entails and have bought Iain Wallis Avoid Property Taxes and his Essential Tips book and have started to go through the helpful videos on this site. However I still have some questions which if anyone can point me in the right direction would be greatly appreciated in terms of how we secure the funds. Option 1: Remortage home (owned outright) and use the fu
  7. Hello all, I have a situation and some questions that hopefully I can get answered. Situation: I have sourced a property that has a tenant in situ and at the purchase price I can get it for it would achieve roughly a 10.5% yield. In order to purchase this property I would need around £10,000. It is being purchased slightly under market value and it does not need any renovation costs. The property is off market currently and is in the north west. I am fairly new to property investing so any advice on the below would be massively appreciated. Questions: What are the different way
  8. Hello Everyone, I am interested in investing in property but not sure on how to obtain some help with funding. I am looking to buy my first investment property. Any suggestions.
  9. Hi All, I have a question regarding a recent opportunity I've spotted. There's a commercial spot for sale by auction close to where I live, it has absolutely huge potential for development and has had lapsed planning permission for 6 x 2 beds and 1 x 1 bed with basement parking granted. It sits 3 minutes walk from the local train station which has a direct line into London Bridge in 55 minutes, so as you can imagine it would be very popular. It currently has a business occupy the building at a rent of £14k per annum and they need 3 months notice before it's deemed vacan
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