KNOWLEDGE
We explain why many people have made
money more by luck than judgment (even those who have buy-to-let
properties or other investments). We talk about property
booms and busts and what to look out for. As chartered surveyors
we have seen the market go up as well as down, we have worked
with investors and home buyers and helped them make money
and/or minimise losses or make a loss!! We do this both in
good and bad property markets, we do this day in day out.
We feel we have learnt from our experiences and this can
help you.
Quiz Question: Different
property markets have different property returns, how do
you establish what the typical yields are?
UNDERSTANDING
Many of us understand what to look
for when buying a home - i.e Is it near where you work or
your children go to school. But to consider property as
an investment you need a much deeper understanding of what
factors and attributes to consider. It should be remembered
you are moving into a highly competitive market – you
will often be competing against experts (or are they fools)
pushing the property price too high?
Quiz Question: Name
two of the main factors you should consider when buying
a property for investment?
BALANCE
Many people have seen considerable
increases in their home's value over the past few years, and
have “made” considerable amounts of money –
they may consider property as a get rich quick proposition.
We offer a balanced view – property can also be a way
to lose a lot of money.
Quiz Question: What
is gearing?
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