Thanks for your question! The landscape might change if Labour implements rent caps and other regulations, but the core principles and strategies we discuss will still be valuable. It's important to stay informed and adaptable to any new policies.
@@maclal2099 BTL covers a whole range of investing activity. I am not sure single lets are such a good investment at the moment but HMOs when done correctly are still very worth while
@@SimonZutshiOfficial Of course, it's important to pay down the mortgage on your own home, but with BTLs, lots of people put so much value on cashflow. So long as you are not making a 'running' loss on the property, doesn't the option of periodically refinancing, make cashflow pale into insignificance ? If a property worth £100K doubles after 10 years, remortgaging would bring you £75K (75% of £100K), tax-free, whereas cashflow at £2K/yr, would only give you 10 X 2k = £20K, and you may pay tax on that, too. So surely, they are STILL a good investment ?
You were talking about so many crucial topics in this video. BTL mortgages are not easy to understand but you simply explain everything. Thanks for sharing this video, Simon and I hope to be as big as you one day!
I'm glad the video helped clarify BTL mortgages for you. Keep learning and working hard-I'm sure you'll achieve great success. If you have any questions, feel free to reach out!
