Is it a good time to buy property?

Are you thinking of getting started in property investing but not sure whether it is a good time to start? 

27 years ago I bought my first 3-bed house for £75,000 in South West London, now similar houses in the same area are being sold for £550,000! 

I know, crazy right? That's a staggering 700% increase! 

Let me repeat that, 700% uplift. 

What do you know that can give these incredible results? 

What I did next was to refinance that property and use the equity to buy another property. A few years after that I repeated the process and got more property.   

What's the secret, you may ask?
I'll tell you.

Firstly, I made up my mind and got started, next I did full and proper due diligence to ensure that I got a great deal, and lastly I hung on to the property and refinanced it to release the deposit capital! 

During any time of financial challenge, there are winners and losers.  Those who seize opportunities and those who miss opportunities and wish that they grabbed them. 

Which one would you rather be? I know what you are thinking.


But what if?

  • But - what if I can not get a mortgage?   
  • But - what if the price of the property goes down?
  • But - what if the interest rate goes up?
  • But - what if I buy in a bad area?
  • But - what if I do not know how to manage the property?
  • But - what if I can not find a good tenant? 



The truth is that there will always be reasons not to get started. The fact is the solutions are all available in whatever climate, thousands of people just like you are buying property, right now, and doing well from it, so why not you?  

Did you know statistically, property prices double every 8 to 10 years? 

Warren Buffett (one of the richest men on the planet) said it well "Don't wait to invest, invest and wait". 

I am of that very same opinion based on my personal experience over almost three decades.

I will end with this... 

Buy correctly the first time, work with professionals, who have been in the industry for a while, and know their industry. 

During challenging times there are opportunities to be snapped up, but you need to be positioned correctly. 

Have you heard the saying, "dig your wells before you are thirsty?"

Loosely translated, and put in context, get yourself ready for the opportunities and deals.

Here are some things to get you ready. 


  • Have your credit file ready,
  • Have your purchase deposit ready (with proof of funds),
  • Get a Mortgage In Principle (MIP) or an Agreement In Principle ready,
  • Have your last 3 payslips ready (do your best to not have payment gaps - lenders do not like that),

If you are buying in a limited company.

  • Set up a Limited company with the correct SICC codes in place
  • Have your SA302's tax calculations ready,
  • Open a business bank account,
  • Be sure that you can account for the source of deposit funds,
  • Be sure to have a good mortgage broker in place. 


Now, it is all up to you. 

Do not let fear stop you from succeeding on your property journey. 

I wish you all the best.

To begin your property investing journey, here are 4 very useful links for you!
Sell your property: https://bit.ly/hgsellyourproperty
Buy property: https://bit.ly/hgbuyproperty
Property courses/coaching: https://bit.ly/kapropertyeducation
Get finance for projects: https://bit.ly/hgpreloan


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