How To Start Your UK Property Portfolio From Scratch
- 2.5 hours on-demand video
- 2 downloadable resources
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
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- Start your journey to build a property portfolio from scratch
- Understand which third parties can help you to build a property portfolio
- Choose a mortgage that suits your financial circumstances
- Buy additional properties without saving for a deposit
- Develop an understanding of mortgage contracts to judge for yourself whether it's a good deal or not
- You don't need any prior knowledge to do this course
Just before my first pay arrived, on my very first job, my bank balance read:
That was all the money I had to my name.
I owned no assets but I desperately wanted to own a house, a small slice of real estate that I could call mine.
On the plus side, I didn’t have a credit card or a store card because no one would give me one.
My personal balance sheet had a big fat zero on both sides: no assets, no liabilities.
My wage after taxes was £2,128.
With the cost of living in London, it wasn’t extraordinary but it would have to be enough.
It took about 14 months of aggressive saving to get together enough of a deposit for my first property.
That was 2006.
Fast forward 10 years to 2016 and the value of the portfolio stands at £1,825,000.
This course summarizes all the fundamental things I learnt to get that first property.
Lack of this knowledge has led to many people losing their homes to a bank and seeing everything they’ve worked so hard for just crumble away.
Save yourself a few headaches … take step 1 to your life as a property mogul, join this course.
- New to property buying
- Want to own property but don't have a penny to your name
- Want to get on the property ladder but not sure how to start
- Want to act as your own mortgage broker but lack the knowledge
- If you've made mistakes in the past and want to avoid similar errors
- This is not a course for seasoned property investors
What is the loan-to-value or LTV?
If you want to buy a house worth 100,000, what's the loan to value if you're getting a mortgage of 80,000?
If you want to buy a house worth 100,000, what's the loan to value you'll get if you've got a deposit of 25,000?
As the LTV falls (say, from 90% to 75%) what happens to he interest rate that mortgage lenders charge you?
Why did banks allow LTVs of over 100% before the 2008 credit crunch?
Why did banks stop allowing LTVs of over 100% after the 2008 credit crunch?
What is the term or maturity of a mortgage?
What mortgage terms is most common?
As you get older, what happens to the maturity banks are willing to give to you?
As people live longer, what may happen to the maturity banks are willing to give to them?
How are terms and maturities different in developing nations?
Why are terms and maturities different in developing nations?
If you make regular overpayments on your mortgage, what happens to the term?
When is it best to get a longer mortgage term?
What is a mortgage interest rate?
If your credit rating is low do you get a higher or lower mortgage interest rate?
What are people with low credit ratings called by banks?
What are the two key types of interest rate?
Are fixed rates always fixed for the full term of the mortgage?
What are the two most common fixed term periods in the UK?
What is the most common fixed term period in the US?
Why are mortgage rates a little lower in the UK?
What is a base rate?
What is the base rate called in the UK?
What is the base rate called in the US?
What is the central bank called in the UK?
What is the central bank called in the US?
What is remortgaging? (aka refinancing in the US)
When would you normally remortgage a property?
Are there penalties for remortgaging a property?
What should you do before entering into a new mortgage contract with your existing lender?
This lecture explains how mortgage brokers charge for their services and when you should expect to pay them.
This lecture explains what booking fees are and when you should expect to pay them.
This lecture explains what real estate agents' fees are, who pays them and when they are normally paid.