1. • When is the right time to buy?
Population growth forecast:
63.5 million by 2013, 65.6 million by 2018 , 67.8 million, 69.8 million by 2026,
71.6 million by 2033
Rented sector – provides to 4.3 million houses
That figure is expected to grow by 20% in next 5 years
Low interest rates
Very motivated vendors – therefore best prices
Very high rents
2. Put your money to work
1000
2000
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0
Jan-10
Aug-10
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May-12
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Jul-13
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Exchange time for money
Oct-18
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Financial Freedom
Income
Expenses
5. I
Think back and ask the
question….
•How much did you pay for your first house?
•What is it worth today?
•Could you have saved this money any other
way?
6. Why do people always rush to buy their
first house and then stop?
4 main reasons:
• Fear
• Lack of knowledge
• Hassle
• Lack of free time
7. How does Midas Estates work?
All under one roof
Sourcing Legal
Negotiation Management
Finance Tax
-THIS LEAVES YOU TO GET ON WITH YOUR LIFE -
8. I
GETTING STARTED
Free Appraisal &
Regular Reviews
Recommendation
Tenant Find & Instruction & Purchase
Manage
9. r
Doing research –
equity heat map
Source:
The Times: Savills
10.
11.
12. r
Doing research
– economic risk
map
Source Experian
22. I
David Wilson Show Home - The Winstone, Wyndham Park, Yeovil
Fully Furnished Show Home, 4 Bed with Parking
Market Price £359,950 Midas Discounted Price £345,000
Rental Guaranteed at £2512 per month for 3 Years
Mortgage Payments only £873 pm, Yearly Profit = £19,668
25. a
How do you manage your properties?
Go Multi Agent for “find” only
Negotiate Fees down
Midas Manage at no extra cost
26. a
How do you manage your properties?
Take control of referencing & inventory process
Rent Guarantee Policy & Legal Dispute service
27. a
How do you manage your properties?
Never allow contract to expire in a dead time
Rent review & 2 month’s notice period with no re-sign fees
28. a
How do you manage your properties?
Single Point of Contact Enables diversified portfolios
Nationwide Maintenance Easy book-keeping
29. So what do you do while your
money works for you?
- Spend more time with your loved ones
- Design a life of choice
Editor's Notes
We spend our lives in a groove which we accept as normal – 40 hours per week 48 weeks per year exchanging time for moneyThere is another way – where we put our money to work and achieve the point where we create an asset that pays us whether we work or notThis point is the point where we become financially free. There are various ways of creating an extra revenue stream – business, investments (equities, property, venture capital), royalty income (music, art, photography, literature) Tonight we are going to look at becoming financially free through property – where we can become released from exchanging time at work for time doing what we want to do.
This graph shows the history of UK property market recorded by Nationwide building society – we have only to look back over the last 40 years to see how the market moves in one direction – ask yourself – how much did you pay for your house – how much did your parents pay for theirs?
This map taken from the Times at the end of June this year shows the %age of equity remaining in people’s homes is different in different areas. Our investment strategy is to buy in the following areas – Newquay, Plymouth, Exeter, Bristol, Cheltenham, The Cotswolds, Winchester and London.
We all know what is happening to the UK economy at the moment with job losses and cost cutting happening everywhere making the risk of households not being able to make their obligations going forward. This map was taken from The spectator magazine with data taken from Experien the credit checking agency. It is worth being aware of the differences across the nation when selecting a property investment. The lower the risk the higher the demand for housing and the more reliable the rental