Property Blog [ Page 10 ]
I Can’t Afford My Mortgage Payments, What Can I Do?
30 Oct 2007 / category / 3 Comments
Coming to terms with the fact that mortgage payments are no longer realistically possible to maintain is an extremely important step to take. People see it as “defeat”, and it’s [...]
Using Credit Cards To Pay Your Mortgage
29 Oct 2007 / category / 1 Comment
I recently read a report on The Guardian, which said that more than a million householders have been using credit cards to pay their mortgage or rent. The data was [...]
Check Behind And Under The Furniture
26 Oct 2007 / category / 0 Comments
I was browsing through the moneysavingexpert.com forums and I found a, dare I say, humourous thread about vendors leaving behind bad surprises for new owners. I shouldn’t laugh, because I [...]
Crossover Leases
25 Oct 2007 / category / 0 Comments
What is a crossover lease? A crossover lease is when two people live in the same building, but have their own flat. Essentially, a building with two seperate flats. Each [...]
I Received An Email From Sarah Beeny’s Business Partner
24 Oct 2007 / category / 9 Comments
I received an interesting email yesterday, which was supposedly sent by Sarah Beeny’s business partner, Amanda Christie. Before I discuss the matter further, I’ll show you the email: Email: mailamanda@yahoo.com [...]
I Reduced My Mortgage By 15k And Saved 30k On Interest Payments
23 Oct 2007 / category / 2 Comments
Now that I have raised £15,000 and reduced my mortgage, I just want to quickly jot down the impact of what paying off a huge chunk has financially made. The [...]
Switching From Repayment To Interest-only Mortgages
22 Oct 2007 / category / 0 Comments
Most mortgage lenders allow a borrower to change between interest-only and repayment methods at any point during an exiting policy. For example, if you have an existing mortgage policy that [...]
Credit Card Calculator
17 Oct 2007 / category / 0 Comments
I previously put up a Mortgage Calculator; but because a lot of people have been paying their mortgages with credit cards, I decided to go one step further and put [...]
How The Main House Price Indices Gather Their Data
16 Oct 2007 / category / 0 Comments
Indices are statistical measures of change in the economy or financial markets. Here’s a list of the main house price indices, and how they individually retrieve their statistical data. Land [...]
Things I Hated Hearing From My Tenants
12 Oct 2007 / category / 2 Comments
Every landlord has a list of things they dread hearing from their tenants; the list usually consists of requests from tenants that are completely inappropriate or require effort from the [...]
Taking In Lodgers- ‘Rent-A-Room’ Scheme
11 Oct 2007 / category / 92 Comments
Ever considered taking in a lodger? A lodger can be a great way of generating income; many thousands of people earn extra income in this way. To start with, I’m [...]
I Hate It When My Tenant Calls
10 Oct 2007 / category / 6 Comments
Whenever I see my tenant’s name flashing on my mobile phone screen, I know it’s not good news. Granted, it rarely happens, but when it happens, I panic. When does [...]
One Year To Pay Off Your Mortgage
07 Oct 2007 / category / 2 Comments
It’s a new property show presented by the one and only Sarah Beeny. It’s broadcasted by Channel 4, Saturday evenings. The show is a documentary series following British people attempting [...]
Glengarry Glen Ross
07 Oct 2007 / category / 0 Comments
Have you guys seen this movie, “Glengarry Glen Ross”? It’s a classic. Anyone intesteresed in property sales, especially estate agents, should check it out. Actually, it’s generally a solid watch [...]
Increasing Your Tenants Rent
04 Oct 2007 / category / 9 Comments
Increasing rent can be a difficult issue, especially when you’re increasing rent to existing tenants. However, landlords will generally want to increase rent over time, to keep up with the [...]
Estate Agent Uses A Poor Choice In Picture To Market A Property
03 Oct 2007 / category / 0 Comments
Here’s how Foxtons recently marketed one of their properties… Just a friendly reminder, when you’re marketing a property, make sure pay attention to detail.
Benefits Of Paying Your Mortgage Off Early
01 Oct 2007 / category / 0 Comments
A mortgage is probably the biggest financial expenditure for the average person. A mortgage can be a lifetime commitment. That’s a real bitter pill to swallow- knowing you’ll be paying [...]
Mortgage Calculator
30 Sep 2007 / category / 3 Comments
Here’s a useful tool that calculates how much a monthly mortgage would cost if you enter real or hypothetical scenerios- useful for planning if you’re thinking of getting a mortgage [...]
How To Sue Your Landlord
28 Sep 2007 / category / 77 Comments
It occurred to me that I haven’t really given much support to tenants, but I’ve written a lot of articles for landlords. I guess that’s because I’m a landlord and [...]
Gazundering / Bid And Chip
26 Sep 2007 / category / 1 Comment
Gazundering, or what the media is calling “bid and chip” is a method of purchasing property used by a breed of parasites that are polluting the already ignominious property industry. [...]
Flipping Property For A Flipping Fortune
25 Sep 2007 / category / 1 Comment
Flipping properties is a highly lucrative, but risky way of making a quick fortune. It’s becoming increasingly popular amongst the public because a) it’s a relatively simple concept b) it’s [...]
Landlord Rent Guarantee And Legal Expenses Insurance
21 Sep 2007 / category / 1 Comment
If you’re a landlord that’s letting complete strangers rent your property, I highly recommend getting rent guarantee and legal expenses insurance. They’re relatively inexpensive, and could potentially save you a [...]
Tax On Selling Property
19 Sep 2007 / category / 3 Comments
Before I begin, let me make the primary message quick and painful- YES, you may have to make tax payments when selling your own property. Avoiding costs and expenditures when [...]
Make Sure Your Tenant Registers With Their Local Authority
18 Sep 2007 / category / 0 Comments
If your tenant is responsible for paying council tax on your property, it’s important that they register their new residential details with the local authority for taxation purposes. Ultimately, it [...]
Shit, I Have A Mortgage With Northern Rock!!!!
17 Sep 2007 / category / 14 Comments
A million fucking mortgage lenders out there, and I end up with the one that lands into financial difficulties; what are the chances? For those who have been living under [...]
There’s No Point Using Letting Agents
13 Sep 2007 / category / 15 Comments
When the rental market is booming, why use a letting agent? It makes no sense. They charge extortionate rates for doing very little work. So why not CUT OUT THE [...]
I Raised £15,000 To Help Reduce My Mortgage
10 Sep 2007 / category / 6 Comments
What a monumental day it is, indeed! I’ve finally reached my target of raising £15,000. I officially set off on the quest of raising £15k in order to reduce my [...]
What Are The Signs Of An Approaching Property Crash?
09 Sep 2007 / category / 0 Comments
Recently, there’s been a lot of talk about a property crash approaching. Granted, there’s always been a huge group of cynics waiting for a bust for the past 5 years [...]
I Freelanced My Skills To Help Pay My Mortgage
05 Sep 2007 / category / 0 Comments
I can almost see the light at the end of the tunnel!! I’m so close to completing my mission of Reducing My Mortgage By £15k that I can taste victory. [...]
Reasons Why I Hate My Tenant
03 Sep 2007 / category / 108 Comments
Before you commence on reading my ungodly rant, I want to clarify a few things. This blog post is written on the back of a gruelling, lengthy and painful eviction [...]
What Is A Tracker Mortgage?
31 Aug 2007 / category / 0 Comments
Trackers mortgages, also known as “rate tracker mortgages”, are mortgages that track the movement of a rate, usually the Bank of England base rate. For example, you could get a [...]
Offset Mortgages
29 Aug 2007 / category / 0 Comments
What are Offset Mortgages? Offset mortgages are fairly new in the UK; the idea was launched in 1994 after they gained popularity in Australia. They’ve been becoming increasingly popular to [...]
Old Tenant Out, New Tenant In
22 Aug 2007 / category / 2 Comments
I met up with my letting agent last night and signed the contracts for my new tenant. My new tenant has paid 1 year’s rent up front, which should be [...]
Using A Residential Mortgage For a Buy-To-Let Property
15 Aug 2007 / category / 0 Comments
It’s not unheard of, in fact, it’s common practice for many landlords to have a residential mortgage for a property they’re letting out, while they’re actually meant to have a [...]
I Found A New Tenant
13 Aug 2007 / category / 2 Comments
Right, so my scum-bag tenant is moving out on the 20th of august (can’t wait). And my new one is moving in on the 21st. Here’s the best part, though. [...]
My Tenant Has Agreed To Get The Fuck Out Of My Property
02 Aug 2007 / category / 4 Comments
HA! The scummy little benefit fraudster has buckled under the pressure and has agreed to move out and pay everything she owes me. I feel lucky. Why? No idea. Someone [...]
Landlord’s Right Of Entry
28 Jul 2007 / category / 132 Comments
It is in fact illegal for a landlord to enter his or her property without agreement from the tenant. The office of fair trading document oft356 reads as follows: 3.32 [...]
I initially started this website because I wanted to document my every step from property idiot to property landlord,
in hope that people would find my site and help me along the way. I literally didn't have a clue about being a landlord
when I started this website.