Hey! Soooo I have been away from the blog for quite some time :-/ I guess life just took over, so I would like to bring you up to date, starting with the sale of our first property. I suppose we could have quite easily stayed in our first property for another five years comfortably, but with the change in mindset, this was just not something that we wanted to do. We were really keen to move onwards and upwards and work our way up the property ladder and get stuck into property development. One of the biggest decisions to sell the property was the fact that we were part of the ‘help to buy’ government scheme, where they lend you 20% of the property purchase price, so that you have to obtain less of a mortgage. This was perfect for us at the time of purchasing the property, as my partner did not have his self-employment finance ‘books’ in order as such, and as you know, mortgages are only offered on the profit of someone who is self-employed; whereas mortgages are offered on ...
Passionate about all things property and finance.