This strategy is something I teach as part of the Ninja Investor Programme and it’s often a revelation to my students.  It’s all about being smart with your financing.

There are some criteria to take into account:

•  The property needs refurbing and is currently valued well below market value in comparison with its neighbouring properties.
•  It needs to be vacant
•  ...

THE QUESTION

I’m looking at buying at auction with a mortgage this month with an 8-week completion through my limited company.  I have a 30-35% deposit, but need to know which mortgage lenders have the quickest back office at the moment?

THE ANSWER

This is a 'how long is a piece of string'?  No mortgage lender has a consistent time frame for processing, processing times...

THE QUESTION

Can I purchase a property in my name, using a Furnished Holiday Let (FHL) mortgage and THEN run the holiday let through my limited company?

THE ANSWER

You can purchase a property in either your personal or a limited company name using a Furnished Holiday Let (FHL) mortgage, they will lend to either.  Your limited company can operate it and charge a management fee, typically...

THE QUESTION

We want to get started in property with our first UK buy-to-let (BTL). I am not a UK national, although my wife is British, but has been living outside UK for the last 3 years.

We had some discussions with a property company, who recommended putting the property in her name as we can get better rates. However, I’m not sure if she is considered as a UK resident while living...

THE QUESTION

Just about to buy my fourth buy-to-let (BTL property, but I’ve been told by mortgage provider that this will mean I will become a ‘portfolio landlord’ and, therefore, will need to have at least 30% equity across the board & have 30% deposit for the new mortgage. Is this accurate? If it is, is there any way around it? I was led to believe that mortgage...

THE QUESTION

What are the pros and cons of investing in non- standard construction (NSC) houses which are bit dated and needs TLC – apart from getting a lender. Are they difficult to sell and don’t appreciate as normal brick and mortar houses?

THE ANSWER

If you consider what is called as standard construction, every other building material is, by definition, non-standard. Standard...

If you’re looking at property investment one of the biggest stumbling blocks that you’ll face may be your credit rating.  It doesn’t take much to get the odd smudge on your credit record – a missed payment or a lot of maxed-out credit cards.  It can even be something from your past that still shows up on the record.

This is one of the things that stops...

Saving up – especially in today’s economic climate – is tough, and when you need to save thousands to amass enough for a deposit on your first buy-to-let, it can take years.  However, many people start looking at property when they receive an unexpected windfall.

This might be a chunk of cash that comes as an inheritance or may even be a property, that gets the little...

THE QUESTION

Is purchasing a building with a protected tenant a good idea?

THE ANSWER

That depends on your vision of the future.  If you’re in it for the long haul then maybe, but if you’re looking at it as a business decision you need to know the facts.

Regulated Tenancies pre-date ASTs (Assured Shorthold Tenancies) as the rental contract used between landlord and tenant. 1st...

THE QUESTION

I have seen a 20-30% BMV opportunity that is nearby and being sold at auction. What is the best and quickest way to purchase the property and ensure that, when I either flip the property or re-finance, it’s re-financed at the market value? The property is in good order and does not need any refurbing.
Do I need to keep the property for a certain amount of time before the...