• A Lease Option is a very powerful property strategy, commonly used in the commercial property arena.
  • However, in recent years, its power has been harnessed in the world of residential property to great effect.
  • In a nutshell, it’s an agreement whereby the investor can take a lease of a property and then at the end of a predetermined term has an option to buy the property.
  • Throughout the term whereby the property is being leased, the investor has full control of the property and is able draw the same benefits as if they had bought the property.
  • The investor might choose to rent the property out, create a multi-let whereby the property is let by room, provide short let holiday accommodation, refurbish or simply sell on. The possibilities here are endless.
  • The beauty of this strategy lies within the control aspect rather than having to buy and own the property outright.
  • As the property is being controlled and has not been bought, none of the traditional hurdles are in the way. For example, to buy a 3-bedroom house in the South East, you are easily looking at needing a deposit of at least £75,000 if you were to purchase it on a buy-to-let basis. Not to forget, you would need to qualify for mortgage in the first place with the required income and pristine credit file. There are hundreds of reasons why you might not be able to get a mortgage, and this is the perfect strategy if you can’t.
  • Even if you do have the surplus cash and the facility to get a mortgage, it would be far more efficient to have your money work harder for you through this strategy, rather than being limited by how far you can stretch your funds.
  • By limiting your cash involvement and not owning the property, you also minimise your risk too!
  • So, if you are new to property or have an existing portfolio, a Lease Option can be a great strategy to maximise your earning potential from property.

First Lease Option – DONE

We have just completed a Lease Option on a small property in the North East of the UK.  We have known about Lease Options for a while like most investors and we’ve been on training courses and done home study courses.  However we were still a bit reticent to move forward with one. There has been all talk of whether Lease Options are legal or not and that they won’t be worth the paper they’re written on when it comes to exercise them. Due to this we decided to work with one of the UK’s leading experts in Lease Options – Mark Jackson.  We work very closely with Mark and he has been so helpful to us in providing information to the site. We went to Mark to help achieve the Lease Option element of our property goals. We believe very strongly in mentors, it can save a lot of...
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Grow your wealth with simple lease options

 

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The Three Musketeers and Property Option Power Plays

Weve just heard that the three musketeers have decided to RE-OPEN for just twelve (12) hours tomorrow, so you have one final chance to get the 51 Property PowerPlays manual before the site is taken down FOR GOOD!

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Rent to Own for Tenant Buyers

Have you ever worn a PFD? A PFD can save your life, especially in stormy waters. Otherwise known as a life jacket, a Personal Flotation Device is designed to stop you drowning. It keeps your head above water. Selling property through a Lease Option can also be a life saver! Better than that – Rent to Own as a cash flow strategy can help get your feet back on firm ground! So how does Rent to Own work in practice? How can it benefit you? Selling on a Lease Option We all know property pays when its held; just as whiskey pleases the palate the longer its kept. So selling is not always the preferred route – after all a felled tree wont fruit. At times though, you need fuel to stave off the cold. You may need to sell. Or you may be so tired of treading water that you...
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My House is Yours, Wendy Patton Exclusive interview, 25% discount, Extreme Infestations, Bridging Finance, Home Staging, Rental up 2.7%

  We're really excited to be a partner with Tepilo and working with Sarah Beeny on lots of new tips and articles for you. Read Sarahs latest: My House is Yours   But we also have something very exciting coming, so watch this space and well reveal all soon! We have some great new blog posts over the last two weeks: Exclusive Audio Blog Interview:Wendy Patton talks about whether people are crazy to get involved with Lease Options Alecs review of the Manchester PNC meeting Real life landlord and 5 Lease Option ‘Powerplays’ Julies review of the Manchester pin meeting Save huge amounts of tax! How to find the perfect Property Development with Sarah Beeny Diary of a Land Finder Virgin! Also there is some great New Articles from our Experts: Colin Davison - 2010/2011 Tax Busting Checklist. Read the property section online or download the whole checklist. John Waddicker -...
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