Monthly Archives: July 2011

Eight ways to find out if BMV (below market value) really is BMV

How can you tell if a property is BMV?

It’s not easy and many people will confuse an asking price with value. To establish what the true market value is you often need to dig a little deeper and use more than one source. Here is our beginners guide to assessing the value of a property.

1)      Call around estate agents in the area advertising similar properties for sale. Make to calls to the agents posing as a buyer, seller or prospective tenant. You will probably find that some agents quote high prices to sellers and lower prices to buyers. Somewhere in the middle is a more realistic value. This is also a good exercise for determining what kind of rent you can realistically achieve in an area.

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By |July 29th, 2011|Blog, Property investment, Property Investment UK|

Property Investment Advice – Question: Should I go for an interest only mortgage or a repayment?

Property Investment Advice

Question: Should I go for an interest only mortgage or a repayment?

There is no one answer that fits all but in most cases from an investor’s point of view an interest only mortgage is the best option.

I would always go for interest only, buy to let mortgages. These products have several advantages over repayment mortgages. Repayment mortgages do pay back your capital over the period of your mortgage but could the extra cash flow that an interest only mortgage gives you be better invested elsewhere? Let’s look….

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By |July 18th, 2011|News, Property investment|

Property Investment is not for you if……

Women biting her nails as she is scared of property investment

Property Investment is not for everyone.

It may seem strange that I want to put people off UK property investment as I do believe that it is a fantastic tool for creating wealth and for securing financial freedom yet for some people its still isn’t for them.

If you fall into any of the following categories then I would advise you not to invest in property.

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By |July 12th, 2011|Blog, Property investment, Property Investment UK|