Congratulations on taking the first step in your property investing career!

It's a big step but one that could change your life.

There are lots of things to think about and its important that you do things right.  Learn from others who have made mistakes so you don't have to make the same ones!  Access our Expert Panel to connect with our experts for free of charge advice.  

The fundamentals of property investing are the nuts and bolts of your business. Ensuring that you have a great team around you will help towards your success. 

Understanding the legal aspects of buying a property and having a great conveyancing solicitor in place is really important. Also having access to the right finance is the key to securing those great deals once you find them.

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Do you understand the gas safety regulations?

Over the last 20 years we have seen a significant tightening of regulations in relation to all types of rental accommodation. These regulations relate to not only private rental properties but also social housing in its many forms. One area which has become extremely prominent in recent times is that of gas safety checks and the legal obligation on landlords to ensure they are carried out on an annual basis. Areas of responsibility To ensure that everything is above board and all parties are aware of their legal obligations the authorities have clarified three areas of responsibility for landlords: Maintenance of gas appliances Annual gas safety checks Maintaining safety records These legal obligations are set out under the Gas Safety Regulations 1998 Act and failure to abide by the regulations can lead to a fine of up to £5000 or six months imprisonment. Gas safety checks All gas checks must...
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How a bridging loan can help businesses at every step

  Time is money, and that's never truer than in the world of business. And for those in the South West that need to borrow money, there's rarely time to waste – so waiting weeks and weeks for a mortgage or fixed-term loan to be approved isn't always an option. One alternative is a bridging loan, which can often be arranged and funded within days. Here, we’ve looked at how bridging loans work, and how they can be used by businesses at various points during their lifecycle. How bridging loans work Bridging loans are designed to span the gap between a payment going out, and a payment being received. They last up to 12 months, and interest is charged monthly. Rates typically vary depending on the amount being borrowed, the equity in the property, the credit status of the borrower and the type of property itself. In effect, they are...
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Landlords Insurance - Are you covered?

Landlords, you will know that owning a buy to let isn’t as simple as just letting your property to a third party.  There are contracts, referencing, liabilities and maintenance but most of all the uncertainty of having somebody you do not know live in your property.  This is why you need to be fully protected in all areas of your investment. You wouldn’t insure half of your car so why insure your property without protecting it as best you can, leaving the premises and yourself vulnerable to large non-recoverable costs. Properties can be let in various ways to various tenants.  All insurance companies have their preferred and excluded types, however choosing the correct insurer, who provides necessary and proper cover, can prove tricky. The rise of rent-to-rent, serviced accommodation and the HMO boom are regular declines from insurers so it wise to speak to an expert.  Here at Insurance-Desk we...
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Calls to scrap direct payments as Panorama reveals rent arrears double for Universal Credit claimants

On Monday 12th November, BBCs latest Panorama investigation focused on the impact of the controversial Universal Credit, and most crucially the housing element. The programme revealed the extent of the rent arrears problem as a result of changes to the benefits system. Paul Shamplina, founder of Landlord Action, together with Mick Roberts, one of the UK’s largest Housing Benefit landlords, join other industry experts in calling on the government to act now and scrap direct payments to tenants of the housing element of Universal Credit, before the situation worsens. Under the old system, housing allowance was paid direct to councils or private landlords. Now, in order to mirror the world of work and encourage people to be more independent, Universal Credit (UC) payments are made direct to claimants. However, when combined with the cuts in benefits, tenants are under increasing financial pressure, evidenced by the 55% rise in evictions of...
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Short term finance can give business a boost

Article by Daniel Owen-Parr, Head of Professional Sector & Auction. It’s now 10 full years since the financial crash of 2008, and one of its lasting legacies has been a tightening of the rules around access to borrowing. Banks who got their fingers burnt have been reticent to offer lending, relying on rigid tick box criteria to help them decide whether applicants qualify. Some, however, are swimming against the tide. Often described by those in the industry as a ‘specialist lender’, Together has been in business for over 40 years, but really thrived over the last decade. Together say no to 'Computer says no' Operating under a banner of what it calls ‘Common sense lending’, they say no to ‘Computer says no’. This approach means they can often lend when others won’t. For instance, they’ll consider most circumstances, including typical ‘red flags’ like self-employment, imperfect credit history, and difficult-to-mortgage properties...
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