Property Mentor UK Property of the Week
- Property of the Week
Area – Cambridge
Property type – Semi-detached
Number of Bedrooms – 5
Length on Market – 7 Months
Valuation – £250,000
Positive Cash Flow – £519 per Month
Would you believe that there is more to property than interest rates and property prices? That in fact, land itself plays a key role in determining property values? Well it is true.
One of the main reasons house prices keep on fluctuating is because the government cannot match the demand for housing. Yes, every year the government is only able to build 100,000 of the 400,000 necessary properties needed. 300,000 properties short – ouch!
Now you’re probably wondering: why can’t they match this demand, when according to the Kate Barker Report only 13.5% of England is actually developed? The answer is simple. Greenbelt’s, Brownbelt’s and planning permission.
But here is the twist… these areas are flexible. Their barriers can be moved to accommodate this need. Yet despite its existence, they are still a no go zone. Why? Well for one local authorities prefer to build on cheaper, fresh land and two it all comes down to planning permission again.
We know, talk about making it more complicated than its need to be. But this is the truth of the situation.
Now we know what you’re now thinking: how can any of this apply to you as an investor? Well it can. You see, there is more to the Kate Barker’s report than facts and figures. A lot more.
When it was commissioned in 2005 – yes we know over 3 years ago – its sole purpose was to provide an opening for such changes. To make property development, planning permission and land even more accessible. Yet have you seen any of these deals materialise? No… well not yet anyway.
But they will eventually, which is why NOW is the perfect time to act upon these property falls. Yes, now. Not next month. Not next year, but now, now, now!
These price falls won’t last forever. So jump on board and take action now!
Even we have to admit the setting couldn’t be more perfect. With falling interest rates and rising rising rental yields all continuing to work in your favour, when you combine them all together, you have got the perfect recipe for success.
Increased property demand + High monthly rentals = A positive cash flow!
And at Property Mentor we can help you to harness these deals, and show you how with no prior experience and using little, if any, of your own cash, you can use these properties to turn your property portfolio into a multi-million pound asset!
The government may be too slow to act, and answer the nations call for faster planning, but you will be different. You will be able to offer them an alternative route, free from the responsibility of owning a property, all of which they access today.
No waiting around, or blindly hoping that the government will make these much needed changes. But a property that they can rent straight away. And all it takes to get started in just 2 hours of your time. During our FREE 2 hour course, we can provide you with the skills and training to begin successfully investing in property in as little as 30 days.
So live the dream and start building your property portfolio today. Greenbelt or no greenbelt, property prices are falling and it won’t be long before they rise again.
Filed under Property Investment UK by Overseas Property Investor
The big news last week is that the Bank of England cut interest rates by a massive 1.5% down to just 3%, this is the biggest cut since 1955!!
So what does this mean to property investors? It means that the cost of mortgages should fall a little over the coming months, especially as Prime Minister Gordon Brown is putting pressure so that the interest rate cut is passed on to customers.
That means that investors should be able to buy cheaper houses (a 2.2.% fall in house prices in October), with a lower mortgage rate and yet still benefit from increasing rental demand and prices. This means investors have a great opportunity to find bargain properties that generate and impressive positive monthly cashflow!
As a friend of mine in the California is always saying…”get on the trainings!”… I can only suggest you do the same, whether you are an experienced investor or just starting out to build your portfoilo this page gives you that opportumity and you know what I’m going to say…it won’t cost you a penny! It’s FREE!
The Worldwide Property Group and Property Mentor have the professionalism, skills, experience, expertise and the time to teach you.
Filed under Property Investment Worldwide by Overseas Property Investor
The UK rental market has never been more buoyant. For investors that means rich pickings. Reducing house prices and falling interest rates is good news for you.
Now if you are excited about the possible 1% interest rate cut by the Bank of England, well you’d be right to be. This interest rate cut can only mean one thing for you as an investor… additional positive cash flow. In other words – a pay rise!
The interest rate fall will have an impact upon your mortgage repayments. Whether it is 0.5% or 1% it all means the same thing – a decrease in monthly repayments. If your repayments are smaller any new investment ventures you enter into could now potentially be even more affordable.
Rental yields are predicted to rise by 15% in the next few years and you could be reaping the rewards of a low interest rate mortgage with a tenancy agreement of over £500-£1,000 every single month.
And it gets better. High or low, if your properties can generate a positive cash flow of £300+ every single month, your interest rates won’t even make a difference. All they will determine is how much extra cash flow you will earn.
Why is this fantastic news for you? Why, because it will not be you who will be paying these repayments. Your tenants will be paying for it all. Every single bit of it.
Either way you are on a winner!
The UK’s second largest lettings agent, Your Move, reported a 50% increase in rental demand in the year from September 2007 to 2008. In September leases increased by 4.34 %, since August which clearly indicates that people are more inclined to rent now due to the lack of mortgages. Lack of mortgages, sky high prices and job insecurity forces young working couples in to renting rather than owing their own house..
This is great news for property owners who are in the position to own an investment property. Figures indicate that more than 25% of young working households are unable to climb or even put their first foot on the property ladder because of the current market situation.
By taking advantage of these falling interest rates, you can now potentially invest in properties at 80% of their value and earn more positive cash flow than you were a month ago.
It’s an opportunity just too good to miss.
Attending a local, 2 hour investment property course will prove to you why with the right interest rate and property, you too could soon be earning an easy £500+ every single month. Property Mentor runs a investment property course near you so just look up the date and book yourself in … its FREE!
Filed under Edward Kirwan by Overseas Property Investor
