This software is incredible!!! I've just analysed a deal that I'm securing - absolutely chuffed with that! My due diligence (which takes A LOT longer and I won't take that away) was matched and some additional analysis is in there such as long-term metrics - LOVE IT!!

This is very helpful Jamie. I came across your channel a few week ago and all your videos are amazing! Please do more videos on bridging.

Wow, the new auction functionality and bridging loans are amazing. Thanks Jamie.

Have been looking forward to this episode! Insighful as per, thanks Jamie + team. consistent value.

Your amazing! I love your channel.. so much useful information.. thank you 🙏🏽

I’m a trainee broker, relatively new to the game. I learn so much from you as well as my actual training. Really appreciate the videos 👍

The auction is a new feature, but it's hard to limit by area, I think it has great potential.

Great videos as always! Very interesting to watch. As far as constructive feedback goes, I’m quite a visual learner so it would be good to see some visuals examples when talking about how things are worked out.

Like you said, lendlord is a all in one platform, can even apply for finance through it and check houses on auction? That is mind blowing 🤯 next thing will be have access to rightmove and zoopla data and show ROI and growth as you scroll (please lendlord do this😅)

Great video

@JamieYork

Жыл бұрын

Thanks! Glad you enjoyed it!

From my experience- is too much hassle and cost too much too.. there is also hidden charges- you have to pay broker fees (again), for legal side and valuation (again). I did one property from back to bricks to full refurb.. I spent in overall just for bridging - around 4k.. that was for 2 month bridge loan.. Bridging for me unless I am getting like 20-30% discount on property itself.. else bridging= stress, extra cost and extra time wasted.. if you can - get mortgage ;) or mortgage for refurb

@matthewherbert5940

2 жыл бұрын

100% agreed. The legal cost you pay is missing and for us was 1.5k. This was almost as much as the interest cost as only needed 3 month bridge.

@bigbawsdogg

2 жыл бұрын

You won't get mortgages on auctions properties due to 20 working days to complete. If you do please let me know how.

Hi , Does it work only wih Pattison and allshop ? Many thanks in advane, Good content

Hi mate you said u sometime offer bridge loans yourself. I was thinking of doing the same thing. Can you do a video on that with regulations

Hi Jamie, thanks once again for your amazing video. I was looking at a great opportunity(Auction) in my area. Now the listing is changed to STC and Sale by tender? Does that mean is gone already before even the auction took place?

Hi Jamie , is it possible to use a bridging loan to use for the complete deal ? as in no money upfront for deposit etc

I am stuck whether to use bridging loan or buy to sell mortgage for flipping properties

Is Lendlord only for auctions? What happens if I find a property I'd like to move quickly on? Can't I use it that way?

Cam you do a talk on commercial property and semi commical and what the avarage intrest rate, been quote 5% for commercial property

@jawadarif5676

2 жыл бұрын

@Pinnedby Jamie York... Let me guess some sort of tradeing scam, you will even sell your mother for a few dollor

Do you pay deposit when taking out bridging loan ?

I've got 270k equity in my house (value of 500k). What's the best way to utilise that equity?

4:40 You couldn't lend me a few quid could you Jamie? 800k should do the trick.

Okay so you bridge it and then refinance with a mortgage

Can you also explain the actually costs of bridging or bridge to let as your quite misleading. What about bridging arrangement fee, paying their high legal fees additional survey fees etc. The monthly interest is not the biggest cost!

@matthewherbert5940

2 жыл бұрын

Sorry did have some but still feel not all costs are covered eg as a Ltd bridge to let we need to pay bridging company legal fees 1.2k plus vat (not include my own) . On just 80k bridge to let....

Extremely helpful but you lost me when you were talking about rates. How is 1% on a bridging loan more expensive then 3% on a mortgage? Genuine question I have clearly misunderstood something

@JamieYork

Жыл бұрын

Bridging is 1% a month. Mortgage is per year

@RobynElms

Жыл бұрын

Adam, unless I am mistaken, 1% per month is same as roughly 12% per year bridging vs 3% mortgage in your example.

Education

@JamieYork

2 жыл бұрын

Thanks for reaching out! Go to bit.ly/aspireeducation and fill in your details :)