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LettingFocus

Unbiased buy to let and property investment coaching, mentoring, advice, seminars, consultancy and comments for landlords, property investors and companies from the UK's top selling property author, freelance property journalist and writer.

Mortgage Lenders Just as Irritating As Ever

I'm in the process of applying for a new buy to let loan - and I see that lenders have not really upped their game all that much from when I first wrote "Successful Property Letting"
Incredibly, whilst they now seem to allow you to arrange your own survey - and thus make a big saving on going through them - they now charge a fee for "re-typing" it. So, the benefits of E trading and have not yet fully filtered through. Eithe that or they are just using it as an opportunity to charge one of their beloved fees. Oh dear!
And whilst I have been a customer of one lender for 8 years with 3 buy to lets with them - all on low loan to values- that still cuts no ice in terms of getting a better mortgage deal.
I would have to have 4 apparently to get access to the better deals.
And boy, do they love their "arrangement" fees, these days.
So, I can see why mortgage brokers do so well - because today many have good rates - as good as the lenders - and they have much more helpful staff plus they actually answer their phones in a reasonable time.
And no, I've not used the fact that I write about buy to let property to pull any strings with them here.
Back to main site www.lettingfocus.com

Back on the Property Investment Road - And it Feels Good

Too much time spent writing about property can dull the mind.
So, I'm back on the property investment trail again and have just put an offer in on a great property in an area I know well and which I'm sure will go up well in time.
And it's great to be back in the buzz again.
So, here I am, sitting and waiting and hoping the seller will accept my fantastic offer. (After all the business I have bought to this particular town by writing about it in the property press, they should be paying me commission!)
But seriously, it's great to be out doing deals again. What fun - and on such a lovely Spring day too. It sure beats working for someone else in the deadly dull financial services sector.
On another topic, recently, I ran my first short networking and seminar evening.
It was great fun.
There were some great people that came and we had a fine discussion. So, we are going to do the same again on 14th May. For details see the site www.lettingfocus.com and click events to see what areas we will be covering.
This time, there will be less of me talking and more discussion from delegates.
If you know a lot about property investment, come on down -you will still learn things.
If you are a novice you will learn lots and lots - and don't worry, I wont let the professional investors make you feel silly if you ask an obvious question.
These sessions are for all people at whatever level.