My Journey to becoming a Landlord

This archive of blog posts is where it all started. It’s the root of what you see before you.

This was my very first category, where I started documenting my amateur steps into propertyhood/landlordhood.

I discuss every step I took from buying a property all the way to becoming a landlord.

Along the way I had to deal with idiot mortgage brokers, incompetent estate agents, lying letting agents and a stupid bitch of a tenant whom I eventually evicted. Ahh they were the good old days.

If you’re looking for good, practical advise on how to become a landlord, I definitely wouldn’t (yes, wouldn’t) pay any attention to this section. I was way too naive and inexperienced to even know what I was doing or getting myself into. Most of the articles in this category are the ramblings of an idiot, and if there wasn’t any value in retaining the roots of my journey, I would have deleted 80% of the articles a long time ago. They’re pretty embarrassing. Sad, but true.

Having said that, if you want to learn about the process and the steps I took to becoming a landlord, then this is a good starting point. But for a better understanding of what it takes to become a landlord, I would recommend reading my guide for new landlords.

Mission Complete: Property Purchased, Landlording In Progress

Mission Complete: Property Purchased, Landlording In Progress

17 Mar 2007 / Project 1- Buy Property, Become A Landlord / 1 Comment

Wooooah! Crack open the high-street branded sparkling wine (I can’t afford anything else right now!). It took 122 days (4 months and 2 days), but I eventually came through the other end of the tunnel in one piece. Surprsingly, so did my mortgage broker and conveyance solicitor. There were times when I was ready to […]

Quick Tip For When Using A Letting Agent To Find Tenants

Quick Tip For When Using A Letting Agent To Find Tenants

15 Mar 2007 / Project 1- Buy Property, Become A Landlord / 0 Comments

I previously wrote a blog post about Finding The Best Local Letting Agent, where I discussed how I planned on filtering down a list of local letting agents, and then unleashing them out of their traps to find me tenants. I swindled a list of about eight letting agents down to two. I already briefly […]

Pictures Of My House

Pictures Of My House

15 Mar 2007 / Project 1- Buy Property, Become A Landlord / 0 Comments

I know these pictures are long overdue, but I’ve been ridiculously busy. I’m going to spare you from my tears, but what I will say is that there seriously needs to be more hours in the day! My house isn’t the biggest or the best, but it is mine, all mine; it’s my little baby! […]

Completed- I Now Officially Own A House

Completed- I Now Officially Own A House

02 Mar 2007 / Project 1- Buy Property, Become A Landlord / 1 Comment

The technical term is “Completion”, and it’s defined as follows: Once all matters between exchange and completion have been dealt with, the money for the property is transferred from buyer to seller. The sale is now completed and the keys are handed over. The property now belongs to the buyer. In other words, I now […]

How Long Does It Take To Buy A House?

How Long Does It Take To Buy A House?

21 Feb 2007 / Project 1- Buy Property, Become A Landlord / 0 Comments

I’ve been told that the average time it takes to buy a house in the UK is 6-10 weeks. That’s 42 – 70 days. However, there is no guaranteed time to complete the process of buying a house; it will depend upon many factors. My current situation is a prime example of how buying a […]

Extra Unforeseen Costs Of Buying A House

Extra Unforeseen Costs Of Buying A House

18 Feb 2007 / Project 1- Buy Property, Become A Landlord / 0 Comments

During the planning stage of buying a property, I set aside a small contingency budget to cover any unforeseen and miscalculated circumstances. Something was ALWAYS bound to pop up. So far I think i’ve been fortunate, I haven’t had to dig too deeply into my contingency pocket. I’ve been lucky for now, but the project […]

Finding The Best Local Letting Agent

Finding The Best Local Letting Agent

15 Feb 2007 / Project 1- Buy Property, Become A Landlord / 0 Comments

I’m anticipating the completion of my first ever buy-to-let property in the next few days, so I need to be thinking about Finding Tenants at this point. After completion, I’ve calculated that I’ll need about one week to get the property in shape, which will entail a thorough clean, a lick of paint in the […]

Exchanging Contracts For Home Ownership

Exchanging Contracts For Home Ownership

13 Feb 2007 / Project 1- Buy Property, Become A Landlord / 0 Comments

So, after the whole drama of frightfully watching my Property Chain Break because The Drainage And Water Search Taking Ages to complete, I finally received the news I was waiting for. I’ve been notified by my solicitor that the final drainage search results finally came through after four weeks of arse-scratching and finger sniffing (yes, […]

Property Chain Is About To Break

Property Chain Is About To Break

06 Feb 2007 / Project 1- Buy Property, Become A Landlord / 2 Comments

As I’m slowly progressing through my first ever property purchase, I’m starting to understand why moving home is ranked highly as one of the most stressful moments in someone’s life. I say “starting to understand” because I’m at the bottom of the chain as a first-time buyer looking to become a landlord, so i’m not […]

The Drainage And Water Search Is Taking Ages

The Drainage And Water Search Is Taking Ages

03 Feb 2007 / Project 1- Buy Property, Become A Landlord / 0 Comments

Oh, dear Lord, more drama! Just when you put one fire out, another chump sparks up a ciggy in a no-naked flame zone. I’ve officially been waiting three weeks for a simple drainage search to be completed. This simple search is holding up the completion of the purchase, and i’m worried the delay will cause […]

My Mortgage Application Finally Got Approved

My Mortgage Application Finally Got Approved

09 Jan 2007 / Project 1- Buy Property, Become A Landlord / 0 Comments

The last time I checked in I was in the process of ripping my hair out because my mortgage broker and mortgage lender had decided to act like a pair of fools. My broker cut down on communication and left me hanging like a little bitch, while my lender Northern Rock Refused My Mortgage Application. […]

My Mortgage Broker And Mortgage Lender Are Idiots

My Mortgage Broker And Mortgage Lender Are Idiots

08 Jan 2007 / Project 1- Buy Property, Become A Landlord / 5 Comments

I’m not sure who’s to blame, but there is a definite breakdown in what I had hoped to be a smooth property purchase. I haven’t heard anything from my Mortgage broker in weeks- he was meant to get back to me regarding Northern Rock refusing to lend me money. He said he was going to […]

My Mortgage Application Got Refused

My Mortgage Application Got Refused

19 Dec 2006 / Project 1- Buy Property, Become A Landlord / 1 Comment

Well, fuck me sideways. We have a problem. A rather large one. I got a phone call from my Mortgage Broker earlier today and it appears that things aren’t going as smoothly as we had initially anticipated. Northern Rock is being a bit iffy about offering me with the mortgage policy I had chosen. Apparently […]

Applying For A Mortgage Policy

Applying For A Mortgage Policy

12 Dec 2006 / Project 1- Buy Property, Become A Landlord / 0 Comments

Earlier today I went through my mortgage options with my mortgage broker, Lee. That was certainly fun. There’s nothing more satisfying than arranging a life time’s worth of debt. It’s liberating. Truly. The best Mortgage Policy my Mortgage broker found for me Currently, the best Mortgage policy he could find for me is with Northern […]

Organising Landlord Building Insurance

Organising Landlord Building Insurance

12 Dec 2006 / Project 1- Buy Property, Become A Landlord / 0 Comments

I haven’t blogged in a few days, but that’s purely because there hasn’t been much to report. I’m at the point where I found the house I wanted to buy, I made an offer, the vendor accepted, and now it’s over to our Conveyance Solicitors to grind through all the paperwork behind the scenes. On […]

Organising The Dreaded Mortgage

Organising The Dreaded Mortgage

06 Dec 2006 / Project 1- Buy Property, Become A Landlord / 1 Comment

I got a call earlier today from my Estate Agent’s in-house mortgage broker. He invited me to go into the office to see if I would be interested in taking out a mortgage through a lender they work in conjunction with. I agreed to meet him since getting a few quotes couldn’t do much harm. […]

Guide On Finding A Property Conveyance Solicitor

Guide On Finding A Property Conveyance Solicitor

05 Dec 2006 / Project 1- Buy Property, Become A Landlord / 2 Comments

I spent the entire morning looking online for a Conveyance Solicitor that offered a good service for a great price. I also planned on looking into mortgages, but I didn’t have the mental energy to progress that far. I did a basic search on Google for “conveyance solicitor”, in response I got an overwhelming list […]

Vendor Compromised With A Sale Price

Vendor Compromised With A Sale Price

30 Nov 2006 / Project 1- Buy Property, Become A Landlord / 1 Comment

Ok, folks, it seems as though my bluffing tactics have paid off. There’s been some positive activity occurring during the past few days and it’s starting to feel like my target of becoming a BTL Landlord is truly in full swing. As I predicted, the infamous seasonal drought for shifting property has been extremely beneficial- […]

Buying Property- Making A Cheeky Offer

Buying Property- Making A Cheeky Offer

28 Nov 2006 / Project 1- Buy Property, Become A Landlord / 2 Comments

It’s been a few days since I viewed the property I had taken a liking to, and there’s been very little activity in between. Somehow I’ve managed to stick to my game plan, which was to act like an uninterested snob towards my Estate agent. I never contacted him, I was relying on him to […]

Property Buying Strategy- Playing Hard To Get

Property Buying Strategy- Playing Hard To Get

25 Nov 2006 / Project 1- Buy Property, Become A Landlord / 0 Comments

Ok, so in my previous blog entry I mentioned that I have found a property I wanted to buy. It ticked all the boxes; a two bedroom, end-of-terrace house that has a price tag of £164k. I’ve been in touch with my Estate Agent today, and he informed me that there’s been a multitude of […]

Bingo! I Found The Property I Want To Buy

Bingo! I Found The Property I Want To Buy

22 Nov 2006 / Project 1- Buy Property, Become A Landlord / 0 Comments

Right, so last week I went on My Very First House Viewing with my Estate Agent Stuart. We looked at four different properties, all of which were quite similar to one another- 2 bedroom terraces, all in the same part of town. Unfortunately, none of the properties managed to tick all the boxes. They were […]

Viewing A House For The First Time

Viewing A House For The First Time

14 Nov 2006 / Project 1- Buy Property, Become A Landlord / 1 Comment

It was only yesterday when I popped into my local Estate Agents to schedule some viewings, and already, I’ve viewed four different properties. I know Estate Agents are notoriously quick off the mark when it comes to selling houses because of a little something called commission, but this feels a little too quick for me. […]

My Property Investment Adventure Begins

My Property Investment Adventure Begins

13 Nov 2006 / Project 1- Buy Property, Become A Landlord / 1 Comment

Today is where all my property adventures begin. How scary?!?! Hopefully today is going to be a memorable moment in my life; a moment which I’ll look back on for years and think, “Yes, that’s when my success as a property investor started” My Goal I’ve thought about this for some time now, and I’m […]