UK Property Investment

With the announcement of the government bail out of Bradford and Bingley first thing in the morning, there has to a be a few quaking in their boots with a buy to let mortgage hanging over them. What does this mean to everyone? Northern Rock has been nationalised and seems to be doing OK! On the face of it, this would appear to be the case. We at the Investment Property Rumour Mill are going to take the toilet brush of property investment and see just how clean under the rim it all is by delving a little deeper and look into how the ... Read Full Story

If you think  the current situation, with property prices falling and a chronic shortage of residential and commercial finance,  is permanent then you'll probably disagree with the point of the headline. But if you believe the current state of affairs is temporary, whether it lasts for six months, a year, two years or whatever, then you will probably agree that a boom is surely around the corner. The adage "the profit is in the buying and not the selling" is truer now than it's ever been, because the opportunity to pick up property bargains is here and now.  The idea of waiting for the ... Read Full Story

From as little as £10, you stand a chance of winning a property - mortgage free. However, experts warn sellers to be diligent and only operate inside the Gambling Commission’s competition rules or else you may be breaking the law. And the lucky winner is… Over the last year, we have seen the ‘prize draw’ concept develop and become more and more popular amongst struggling developers or homeowners looking for an innovative way to sell their property. This idea, which was originally developed in the US, has migrated across the pond and hit the UK by storm. Homeowners, like the Wilshaws from Devon, were ... Read Full Story

In response to a number of requests for guidance on prices to offer for repossessed properties in our newsletter I decided to create a helpful calculator. Whenever I look at a project for a client who needs finance I work the project backwards from the Gross Development Value and then come up with a maximum figure that can be paid for the site or the building to be refurbished. This is essential in today's climate. You need to know the maximum price you can afford before entering into a negotiation. Too many people negotiate a deal on the site and then try to make ... Read Full Story

A consequence of the current state of the housing market is an increase in the number of repossessions. In the property investment and property development markets we are also seeing a similar increase. It's important for the market that these properties are sold quickly by the lenders and development projects put into the hands of developers who can complete them. Jobs depend on this. When projects stall, building workers are laid off, builders merchants lose orders and the local economy suffers. The "Early Bird" Repossessed Property News Letter is your opportunity to buy properties and building developments at well below market value by negotiating ... Read Full Story