COLD REALITY: No Money Left For BTL Landlords?

Подписаться 9 тыс.

Просмотров 4 тыс.

50% 1

Bank rates gone up for 2 years, house prices up for 2 years, mortgage rates rising fast, is there any money left for BTL Landlords?
✨JOIN this channel to get access to perks and become a MEMBER✨
👉 / @stephenduncombetv
🏘️ Property Accelerator Waitlist 🏘️
Learn how to build a profitable property investment portfolio from scratch! Build a passive income, that has the potential to replace your earned salary, starting with £40,000.
👉 bit.ly/3fyyBpN
🚀 Property Data - Find Property Deals faster.
👉 propertydata.co.uk/a/stephend
🔔 Subscribe:
👉 bit.ly/stephenyoutubesub
📱 Add me on Instagram
👉 / stephen_duncombe
📱 Add me on TikTok
👉 / stephenduncombe
❤️‍🔥 FREE Shares up to £100 Trading212
Create a Trading 212 Invest account and use promo code: 11PWCVs3ON
👉 www.trading212.com/invite/11PWCVs3ON
🌐 Website
👉 www.stephen-duncombe.com/
🔥 Get Your Deal Analysed for FREE 🔥
👉 www.stephen-duncombe.com/deal
#buytolet #propertyinvesting #btllandlords

Опубликовано:

30 янв 2023

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 15

@londonlink1995 5 месяцев назад

the phonejacker bit was hilarious

@Air51 Год назад

House prices are falling....apart form in Scotland where RiCs valuers still over value properties by up to 25% in some cases, the valuation is on Scottish Home reports and vendors/sellers don't budge form that estimate making sales non-existent and leaving investors having to not only try and get the properties BMV, but we have to knock through the initial 25% overinflated estimate too!

@vvwalker7261 Год назад

This has given me some optimism!

@StephenDuncombetv Год назад

Great I’m pleased to hear it.

@alwayslearning4964 Год назад

Great video! I’m a first time BTL investor and I’ve been feeling disheartened that now I’ve grown a cash flow positive business and I finally have the means to start investing in property landlords are exiting the market saying BTL is dead. I felt like a life long dream had been put in the bin. I’ve been calculating ROI’s and looking at vanilla BTL’s to dip my toe into but the figures haven’t been stacking up too great. Now I’ve changed my strategy slightly, instead of 75%LTV putting in 65%LTV there might be some cash flow to come out of it. Zoopla shows that there’s not as much capital appreciation in an apartment vs a house so I’m still hitting a wall. If you found a tidy apartment with the possibility of extending the lease to 999 years would you go for it?

@StephenDuncombetv Год назад

Hi, yep a while back with rising house prices, low rents it would be hard to stack a vaniall btl deal. The key right now is to negotiate on the price and make sure you have good tenant demand in that location. The lower the LTV is a good way to help make it cash flow but try and buy cash flow property at 75% on your numbers, but then get a 65% LTV loan if you are able to do that. Zoopla is showing a gap between flats and houses at x1.7, normally I think it should be around x1.2. So it's got bigger but this means that flats will go up in value as we've had a few years now where no one wanted flats. This will change as life's getting back to normal, please want to live in cities again and be in the hub of it all. Long leashold flats are great but just check the service charge and ground rent to make sure these are acceptable and how they have changed over time and may do in the future.

@fatandhungry30 Год назад

@@StephenDuncombetv hi is it the landlord that pays the ground rent and service charge or tenants ? And who pays the council tax ? How about an apartment with 70-99 years of lease remaining?

@StephenDuncombetv Год назад

The landlord would pay ground rent and service charge. The tenants pay council tax.

@joshallison2966 10 месяцев назад

It isn't dead.

@kemikayt 8 месяцев назад

Finding it hard to see how it's possible to make a profit as a higher rate taxpayer with mortgage. Even an optimistic 10% yield looks like very little profit for a lot of risk: Property value: £280k Mortgage: £200k Rental income: £28k Mortgage interest: -£11k (@ 5.44%) Tax: -£9k (after relief) Maintenance: -£5k Would leave £3k profit, which could easily be wiped out by repairs or under-occupancy. Have I got something wrong?