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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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11 Top Tips for Buying at Auction

Buying a house at auction is easy when you know what you are doing but can prove costly if you don’t take some simple precautions. John Davies from Hedge Property Group gives some advice for anyone wanting to invest in property or just needs to grab a bargain 1. Plan your exit strategy – know what you’re going to do with the property 2. Visit the property with the valuer 3. Have the legal pack checked 4. Visit the local letting agent – Do your Due Diligence! (see http://www.justdoproperty.co.uk/due-diligence-in-15-minutes for more help with this) 5. Choose the auctions wisely – sometimes going to the quieter auctions pays off 6. Never, ever bid first 7. Be careful of ‘off the wall bids’ 8. Bid when the auctioneer says “going once, going twice” – and watch other bidders, who’ve done their homework 9. When the auctioneer says “it’s in the room” that means...
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Landlord insurance is a cheap essential

New landlords who are waiting out the property market by renting out their homes should make sure they have the appropriate insurance. This is according to one comparison site, which notes that landlord insurance can be bought for under £100 from Simple insurance. Moneysupermarket.com warns landlords coming into the private rented sector for the first time that they must first ensure they are protected against arrears. The rise in new landlords is attributed to growing tenant demand, landlords planning to expand their portfolios and increased availability of buy-to-let financing in the market. In addition, including cover for other contingencies can also save more trouble in the long-term. Julie Owens, head of insurance at the site, said: "Landlord insurance which includes Rent Guarantee cover or legal expenses can be more expensive, however if things go wrong between a landlord and tenant legal proceedings can involve a hefty cost. "It is important to have...
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Bank of England keeps Interest Rate at 0.5%

As widely expected, the Bank of England (BoE) today kept the Interest Rate at the low of 0.5%, which it first reached in March 2009. At the same time the bank decided not to inject any more money into the UK economy and therefore left the level of quantitative easing at £200bn Interestingly a Reuters poll of 61 economists suggested that the central bank would not raise rates until next year. For more information visit: http://www.bankofengland.co.uk/statistics/li/2010.htm Please share this news item via Share and Enjoy and please do leave a comment on what you think - we always love to hear your thoughts.
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2010/11 Tax Busting Checklist

Colin Davison from Cranleys Property Tax Advisors has put together a very comprehensive 2010/11 Tax Busting Checklist. Below is his detailed section for Property and Loans. Has you accountant mentioned these points to you? You can download the full 2010/11 checklist covering all the following areas: Business Planning Business planning, especially if you have a Limited Company Employees – remember that if you are a director of your own limited company that this includes you. Benefits in Kind Personal Planning Investments Property and loans VAT Administration Property and loans 81 Consider buying your next buy-to-let property in the joint names of yourself and your spouse/civil partner as tenants-in-common. The rental income can then be divided between you according to the proportion of the property you each own, e.g. 20%: 80%, giving the lower earning partner a bigger share, so the rents may be taxed at the lower income tax rates. Yes...
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Business Protection

[caption id="" align="alignright" width="148" caption="Business Protection"][/caption] Very often Business Protection is overlooked. A recent study by Scottish Provident discovered that only 10% of SMEs have business protection. A business owner is just too busy making profits in good times or fighting fire in a recession to look into areas that may have catastrophic effects on a business going forward. There are three main areas of protecting a business, protection in the event that a key person dies or becomes critically ill, debt protection and succession planning following the death of a shareholder/partner/owner. 1) Key Person Insurance Most businesses have tangible assets like premises insured; however business owners suffering a critical illness would have a greater impact on the business profits than a fire. Who holds valuable positions in the business – this could be a founder who has the vision to drive the business or the sales person without whom you...
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