The standard and specification of a refurb for a property to sell to an owner occupier is different to the standard and specification for a property to rent out as a buy to let. The standard for a flip to an owner occupier will be higher. That’s not to say the buy…
DetailsI can’t believe my very good mortgage broker manages gives so many great tips, and so much good information, about Bridging in just a few minutes. He covers so much, including 2 main types of bridging, traps for the unwary including what can go wrong, the cost of bridging, the processes and much, much…
DetailsI want to show you how this very small kitchen had a make over. Now, being fully transparent this isn’t one of my kitchens. And it’s not in a buy to let investment property. And it wasn’t organised or designed by a property investor. But I think it’s good to…
DetailsOne of my favourite buy to let lenders has relaunched their Refurb Bridge to Let product, and this is a as long as the exit via the Buy to let remortgage is achievable. Long story short, this product offers you the flexibility of bridging finance to fund a refurbishment project, as well as…
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A lot of buy to let lenders are very picky about the condition of a property they lend on. Which is a shame, because it makes perfect sense for us to buy a property which needs some work doing to it, and add some value. What adds to the frustration is that not…
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Here’s the big reveal. In this follow up video I’m going to show you what’s wrong with this property. If you didn’t see the first property you can watch it here Would You Refurb This Property? There’s Something Very Strange Going On! I think it’s going to surprise you. I’ll be…
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On the face of it, this property would make a nice refurb project. Unlike most properties I look at, once done, it could equally be a BRR buy to let, or it could be flipped on to an owner occupier for a cash lump sum profit. Most of my properties tend to be…
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In my experience there’s one thing about a property which many, if not most, property investors and buy to let purchasers rarely think about, and rarely check. But this one thing could cost thousands of pounds to rectify if there is a problem. And by the way, if you are wondering, a valuer…
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There’s so much we can learn just by looking around us. I’m often asked, “Peter, how do I know what to look for when I’m looking at a property?”. The answer is, it really comes from experience, and part of that (and building our knowledge) is by practicing. By practicing looking…
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This Bridge to Let buy to let mortgage product is offered by one of my favourite lenders. It’s a great resource if you want to buy a property using finance (a mortgage) but it requires too much of a refurb so you can’t or won’t get a standard buy to let mortgage. You can…
DetailsI recently received a “Help Dad!” WhatsApp message from my daughter who is renting a flat with a friend. She enclosed 2 photos which I’ll show you in the video, of damp on the internal surface of the main external wall. This is a ground floor flat, so it could be rising damp. But…
DetailsI was thinking the other day about refurbishments and that it’s possible to overlook that refurbishing a property isn’t a one-off event. Most of us think about refurbishing when we buy the property ,and then I think for a certain number of investors, the idea of a future refurb seems so far off and so…
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