PATIENCE!

Hello everybody!

Mark here.

I hope you’ve all had a great week so far. It’s that time of the week again. Here’s the tenth blog of 2022!

Our week:

Over the course of the past week, we have been viewing BTL properties in Preston and Accrington. It is proving difficult to find properties that have a high ROI, especially when properties are selling well above asking price, but we are determined to get these out to you all!

We have also received our new V1CE contactless business cards, so don’t be surprised if we’re using them at any networking events you see us at!

Our Biggest Learning Experiences This Week:

The biggest learning experience we’ve had this week is patience, patience, patience. Getting deals over the line isn’t as straight forward as it sounds and there are many complications that come with it. We have had to be massively patient with them but we are now at the finishing line – so it has really paid off!

 

Weekly News:

Housing market correction looms as property prices rise

UK house prices are growing at their fastest rate since before the global financial crisis, according to Halifax figures, which said prices rose by 0.5% in February, equating to £370 a week.

More info at:

https://propertyindustryeye.com/housing-market-correction-looms-as-property-prices-rise/

End for rock bottom home loans: Lenders pull 500 mortgages from sale in a month and average rates on two-year fixes hit a SEVEN year high

Banks and building societies pulled more than 500 mortgages from sale in the last month, leaving borrowers facing less choice and higher interest rates.

More info at:

https://www.msn.com/en-gb/money/other/end-for-rock-bottom-home-loans-lenders-pull-500-mortgages-from-sale-in-a-month-and-average-rates-on-two-year-fixes-hit-a-seven-year-high/ar-AAULTDG?li=BBoPWjQ&fbclid=IwAR1OM3-ffsAkEmVsrZ1Djn_KFqHIzSqs-wk38JnSw10UOLQSG5WGX38ujvw

‘Never been more important’: Home update could save homeowners £155 a year on energy bills

A clampdown on second homeowners has been announced by the Welsh Government in a move that could lead to similar measures elsewhere in Britain.

Wales is tripling the maximum amount of council tax that such homeowners can be charged amid concerns that holiday home demand is driving house prices up rapidly.

More info at:

https://www.dailymail.co.uk/property/article-10586245/Wales-announces-council-tax-clampdown-second-homeowners.html

Check Your Junk Box

We’ve been getting told people aren’t seeing our deals emails every week because it’s going into their junk box. Make sure to check your junk box to see if our emails are going in there. If they are, add us to your ‘Safe Contacts’ list so you won’t miss out any more.

Co-Deal Sourcing:

If you’re interested in sending regular deals to us to send out on our Deal Alerts, please message “co-deal sourcing” to 07737525850. We look forward to working with you.

Thanks for reading! We’ll see you soon!

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Action Invest

Our mission is to find amazing deals for our investors that will create a solid return on investment for them, helping them fast track the development of their property portfolios.

About Action Invest

Our mission is to find amazing deals for our investors that will create a solid return on investment for them, helping them fast track the development of their property portfolios.

Recent Posts

Register for our investor deal alerts