I stumbled across a new blog the other day - Property Investment: The Beginner’s Insight to Property Investment UK. My sister in law and I are keen amateur property investors. She’s actually completing her real estate agents licence course at the moment. I brought a property in June that I am living in and preparing for renting out. It needs a new bathroom and kitchen, but it’s a classic example of the saying that you make your money in property when you buy, not when you sell.
A flat with the same layout in the block next to me recently went for $70,000 more than I paid for my flat in June. Sure, it had a nicer kitchen but it still had the original bathroom. The average property buyer is a complete beginner and has a fairly superficial outlook so if you can look beyond a disappointing surface, you can often find gold beneath.
The Property Amateur has lots of Property Advice - preparing a home for sale, UK real estate related laws and guidelines, and most interestingly to me, he shares his personal journey. I like the box at the top fo the screen that shows the stats for his latest property project.
There are also pages where a lot of research has been done for you: latest UK property prices and interest rate movements, mortgage advice, home information packs, property statistics and first home buyers guides. There is even a discussion forum. Whether you’re looking to buy a Taj Majal of your own or a simple 2 bedroom flat, take a look at what this site offers - it really is a gold mine of useful information and tips.