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
Ай бұрын
The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market.
@Franklin-gq4si
Ай 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
Ай 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
Ай бұрын
@@williamDonaldson432 my partner’s been considering going the same route, could you share more info please on the advisor that guides you.
@williamDonaldson432
Ай 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.
@GibsonJames-gr3on
Ай бұрын
I have been thinking about fixed- rate mortgages and the stability they provide on monthly payments
@JasonAmir-qo4uo
Ай 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
Ай 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
Ай бұрын
But don't forget about the higher upfront costs associated with fixed rate mortgages
@John-ww2fv
Ай бұрын
I plan on hiring a financial advisor to assess my overall financial situation to find the perfect mortgage fit for me
@OwenFlex
Ай бұрын
I have thought about that too, I just haven't had the chance to find one
@tamakalokalo95
Ай бұрын
Amazing video indeed!! Property language is a different ball game!!
@user-lp5vk8sn3k
Ай бұрын
Big House prices in good areas are near 1 million or more in most cities nowadays bloody ridiculous
@davidhartmann2717
Ай бұрын
Great vid!
@stephen6262
Ай бұрын
Sam great interview More please
@kylejames5121
Ай бұрын
Great content Samuel 👊🏼
@ratsliveonnoevilstar1
Ай бұрын
Just migrate the direct debits yourself
@Paulsmithwarriorproperites
Ай бұрын
Fantastic interview packed full of extremely useful information, thank you Samuel it's much appreciated 😊
@outere2044
Ай бұрын
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
@Mind__Fuel91
Ай бұрын
So, what's the interest only rate we should be using when doing our DD for BRRs?
@Mind__Fuel91
Ай бұрын
I know all lenders will be different but what's like a rule of thumb?
@CARguy2003
Ай бұрын
12ex-p+12
@harvey9276
Ай бұрын
@@CARguy2003what does that mean?
@Mind__Fuel91
Ай бұрын
@@harvey9276 I was thinking the same thing... 🤷♂️
@DeanW-1990
Ай бұрын
This was amazing well done Sam ! Watched it twice all the way through already 👏
@SamuelLeeds
Ай бұрын
Glad you enjoyed it!
@svetlanacarter1303
Ай бұрын
PLEASE TALK ABOUT TRUSTS, and how to avoid inheritance tax legally through trust, thank you
@ExoticDoll-ct3ud
Ай бұрын
"Hybrid" i like that term. Hybrid finances/ mortgages are the future.
@paulntalo1425
Ай бұрын
Wow that's amazing news 🗞️ and Insights. Thank you S Leeds
@fishoverdrivedfirst
Ай бұрын
Another very useful video, keep it coming Mr Leeds 👍🏾
@namataishingaiagyekum7502
Ай бұрын
These lenders are very narrow-minded 😢
@adida.sativa-dv2el
Ай бұрын
Inflation will continue so house prices will rise but interest rates will not drop
@Sil-sk2sf
Ай 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
Ай бұрын
You think interest rates are driving up house prices?
@BobBuilder-mq9wr
Ай бұрын
@@user-oe8mn9eb5d1.3million people a year are driving up house prices
@leemarsden1846
Ай бұрын
Wrong
@user-lp5vk8sn3k
Ай бұрын
Interest rates will not drop, 6-7% rate is normal, rates have been very low it’s not normal
@user-pp5lv6dl2k
Ай бұрын
They will because people can’t afford it because house prices are too high
@davidcobb77
Ай бұрын
Private landlords need to run for the hills under Labour. And good riddance.
@ratsliveonnoevilstar1
Ай бұрын
New Labour ain’t Jezza Corbyn.
@BobBuilder-mq9wr
Ай 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
Ай бұрын
@@BobBuilder-mq9wrcapitalism vs communism
@mymanifesting
27 күн бұрын
I can see why you'd think that. However, as we have a housing crisis, they simply can't afford to let too many landlords vacating the market. 1.5m house vuilding ambition is already behind and simply won't stack up by the time Labour has finished its term.
@nabazhamad5988
Ай бұрын
❤
@user-dm7nq7md4b
Ай бұрын
This broker talks in riddles.
@tomchloe3208
Ай бұрын
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
Ай бұрын
He’s spinning a good yarn for the channel though ennit
@Markscott412
Ай бұрын
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
Ай бұрын
The stock market is no different, to maintain profit, you need to have some in-depth knowledge on the market.
@vivianlucy141
Ай 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
Ай 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
Ай бұрын
my partner’s been considering going the same route, could you share more info please on the advisor that guides you.
@jackwillison177
Ай 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.
Пікірлер: 63