The Property Podcast TPP011: Build your Property Dream Team
May 30, 2013
Discover how to assemble your property dream team for success. Learn the critical roles of solicitors, letting agents, and mortgage brokers, and how they can save you time and money. Uncover the value of property sourcers and why it's essential to choose a knowledgeable accountant. Hear insights on the importance of mentorship in your investment journey, and get tips for vetting professionals to align with your goals. Tune in to elevate your property investing strategy!
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Policy Guarantees Can Create Collective Risk
- Government mortgage guarantees can reduce individual risk but may collectivize risk and create moral hazard.
- Heavy intervention could accelerate a future bubble by suppressing volatility and skin-in-the-game.
Chronic Underbuilding Drives Long-Term Pressure
- The UK has underbuilt for years, keeping long-term pressure on housing supply.
- That supply shortfall may support future price rises when lending improves.
Always Use A Good Solicitor
- Use a solicitor for every property purchase because conveyancing requires qualified legal work.
- Choose one experienced with investors who communicates and moves deals quickly.