Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market.

@CharlesArthur-fq5sx

15 күн бұрын

The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market.

@Franklin-gq4si

15 күн бұрын

True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

@williamDonaldson432

15 күн бұрын

In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

@foreverlaura-fq4eu

15 күн бұрын

@@williamDonaldson432 my partner’s been considering going the same route, could you share more info please on the advisor that guides you.

@williamDonaldson432

15 күн бұрын

I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.

I have been thinking about fixed- rate mortgages and the stability they provide on monthly payments

@JasonAmir-qo4uo

18 күн бұрын

That's a good way to save thousands in the long run. But you will miss out on potential savings if interest dropped

@TheDuke792

18 күн бұрын

Depends on how long you plan on staying in the house, if it's long term a fixed mortgage is a good bet

@TheDuke792

18 күн бұрын

But don't forget about the higher upfront costs associated with fixed rate mortgages

@John-ww2fv

18 күн бұрын

I plan on hiring a financial advisor to assess my overall financial situation to find the perfect mortgage fit for me

@OwenFlex

18 күн бұрын

I have thought about that too, I just haven't had the chance to find one

Sam great interview More please

Amazing video indeed!! Property language is a different ball game!!

Great vid!

Big House prices in good areas are near 1 million or more in most cities nowadays bloody ridiculous

Great content Samuel 👊🏼

Fantastic interview packed full of extremely useful information, thank you Samuel it's much appreciated 😊

Just migrate the direct debits yourself

So, what's the interest only rate we should be using when doing our DD for BRRs?

@Mind__Fuel91

19 күн бұрын

I know all lenders will be different but what's like a rule of thumb?

@StayOldskool

19 күн бұрын

12ex-p+12

@harvey9276

18 күн бұрын

@@StayOldskoolwhat does that mean?

@Mind__Fuel91

18 күн бұрын

@@harvey9276 I was thinking the same thing... 🤷‍♂️

Great video , i am currently doing a refinance from a bridge to buy to let . My rent was £1200 the valuer has put it at £995. Leaves me enough anyway to refurb my next project whats a flip and build my capital back abit. I will come back to that previous one after the 5 year fix. Liam

This was amazing well done Sam ! Watched it twice all the way through already 👏

@SamuelLeeds

19 күн бұрын

Glad you enjoyed it!

Another very useful video, keep it coming Mr Leeds 👍🏾

"Hybrid" i like that term. Hybrid finances/ mortgages are the future.

PLEASE TALK ABOUT TRUSTS, and how to avoid inheritance tax legally through trust, thank you

These lenders are very narrow-minded 😢

❤

Interest rates will not drop, 6-7% rate is normal, rates have been very low it’s not normal

@user-pp5lv6dl2k

15 күн бұрын

They will because people can’t afford it because house prices are too high

Inflation will continue so house prices will rise but interest rates will not drop

@Sil-sk2sf

19 күн бұрын

Agreed. This is the mentality of people who have never experienced inflation or an economic crisis. They can not even fathom that it will ever happen. With labour in power and all of Europe going lefty, I doubt interest rates will drop.

@user-oe8mn9eb5d

18 күн бұрын

You think interest rates are driving up house prices?

@BobBuilder-mq9wr

18 күн бұрын

​@@user-oe8mn9eb5d1.3million people a year are driving up house prices

@leemarsden1846

16 күн бұрын

Wrong

This broker talks in riddles.

Private landlords need to run for the hills under Labour. And good riddance.

@ratsliveonnoevilstar1

18 күн бұрын

New Labour ain’t Jezza Corbyn.

@BobBuilder-mq9wr

18 күн бұрын

Well it should be capped how many a person can have , as we have a major housing crisis and that should be taken seriously for once

@zak5498

17 күн бұрын

@@BobBuilder-mq9wrcapitalism vs communism

2:47 how the hell do you expect the lender to know what the rental income would look like at homes on a given street? What a stupid question. Why do you think they instruct qualified surveyors…this old chap isn’t providing any new or interesting information here

@ratsliveonnoevilstar1

18 күн бұрын

He’s spinning a good yarn for the channel though ennit

Wow that's amazing news 🗞️ and Insights. Thank you S Leeds

Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market.

@Williamjame444

14 күн бұрын

The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market.

@vivianlucy141

14 күн бұрын

True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.

@jackwillison177

14 күн бұрын

In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.

@MizThe

14 күн бұрын

my partner’s been considering going the same route, could you share more info please on the advisor that guides you.

@jackwillison177

14 күн бұрын

Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.