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  • Buy-to-Let

    Does 75% LTV still work in SE on single let?

    Please don't feel threatened or hope I did not come across that way. I just wanted an understanding how you managed to cut it so fine. You are on the ground and I am not. I do not manage the properties but like to have a good understanding on it. The last time I physically seen my portfolio properties were during final viewing before purchase. All outsourced. 

    Our average cost running is about 19% including 7% fully management service. Averaging every £100k worth property acquisition (with mortgage) returns net about £375 monthly, that is because investments are all north of Midlands. Better than your net returns but you are at SE which intrigues me and drawn my attention.

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    Hello again

    I've had a chance to look into my actual figures:

    Property 1: Purchase Date Feb 2001
    Total Spend: £8214
    Average over 18 years: £456

    Property 2: Purchase Date Dec 2001
    Total Spend: £9083
    Average over 17 years: £535

    Property 3: Purchase Date July 2004
    Total Spend: £9126
    Average over 14.5 years: £630

    Property 4: Purchase Date March 2011
    Total spend: £3394
    Average over 8 years: £424

    Property 5: Purchase Date Dec 2012
    Total spend: £1449
    Average over 6 years: £240

    Property 6: Purchase Date Dec 2012
    Total spend: £2376
    Average over 6 years: £396

    Property 7: Purchase Date Aug 2013
    Total spend: £1143
    Average over 5.5 years: £208

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    You know your numbers, aren’t sitting on your laurels and are running a steady ship. Good work!

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    If 75% doesn’t work, then 60% sure as hell doesn’t. This is a myth. You can’t make a better return putting more money down. You can only derisk. (And frankly it’s a poor way to derisk)


    If you can’t create a better cash flow than you could from investing in a tracker then why would you?


    Two options:


    Lower your expenses &your purchase price

    Create guarantee capital return or improve rent generated


    Property is only viable when the money offers a better return than equities! (Esp as they are more liquid)

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    Agreed. You will do better raising 75% than 60, frankly mortgage finance is almost free money with the interest rate as it is, you should take advantage of it.

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