Gross Yield Explained: Buy To Let Investing

A question I’m sometimes asked is what is, “gross yield and when would I use it?” In its simplest form gross yield is the return on the property. Now, often times that’s the return ignoring costs, and the most simple way of calculating gross yield is to take the annual rent and to divide that…

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Don’t Ask What To Pay A Mortgage Broker, Here’s Why!

Something I see debated a lot online is whether we should pay a mortgage broker and if we should, how much we should pay. I often see on Facebook groups and forums people posting saying words to the effect of, ‘can anyone recommend a good mortgage broker who doesn’t charge a fee?’. I must admit…

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Banks Won’t Lend To Me: What Shall I Do?

A concern which I sometimes hear new investors express is what if the bank won’t lend me the money? Let’s just think about this because there are probably going to be two different reasons why a bank might not lend you the money. The very first is, they’re not going to lend you the money…

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You Don’t Have To Be Rich To Be In Property

Here’s a myth about property which you’ll hear banded about quite a lot, and that is that property investing is only for rich people, whatever rich means by your definition. Of course, that simply isn’t true. In this day and age access to finance is so readily available that most people could probably invest in…

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Is NO Money Down Really Illegal? And Why It’s a Strategy We Should All Learn

I sometimes see posts on forums and Facebook groups suggesting that No Money Down is illegal. When I see blanket statements like that I understand that they don’t fully understand what No Money Down (NMD) means. A simple analogy would be something like, if you saw a car that had worn brakes and had failed it’s MOT and had no insurance, and…

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The All About Property Finance Issue. Get your money here!

Over the last couple of months my mortgage broker has identified a couple of fantastic products to help accelerate your property progress. One, a bridge to let product which allows you to refurb a property with a guaranteed switch to a buy to let loan when the refurb is done, and all in one product.…

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Interest Only or Capital Repayment?

Isn’t this the age old question? It’s one of those questions where everyone either seems to have a very firm opinion, or no opinion at all. More time has been spent in the investment community  arguing over this than actually going out and looking for deals! But the reality is, like so many things in…

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Should I buy for cash or should I use a mortgage?

Ah, the old dilemma, and a question I’ve been asked a lot recently.. As is so often the case in property, there is no right or wrong answer, but here are my thoughts on this. Number 1/. Given the choice between using my money or someone else’s (in this case the bank’s), I’d use someone…

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How Common Are Down Valuations And What Can I Do About It?

Sadly, all too common. This is a subject I feel very strongly about because, in my opinion, a down valuation is just as negligent as an over valuation, but it appears I’m on my own on that one. It’s true that valuation is an opinion, and so rather than being a defined single figure, it’s…

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Buy to Let Finance Deal of the Month

How many different buy to let mortgages are there on the market today? Well, it’s anybody’s guess but the most recent figure I came across was around 2,000 different BTL mortgages, and they are being offered by up to (an estimated) 100 different lenders. All of those products, and all of those lenders, will have…

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