Author: James Clark

Dear Property Investors and Landlords

You are among the busiest people in UK. You have the same worries than anybody else. But you also have one of the most privileged roles, which is to supply a roof over the heads of a third of United Kingdom's population.

This "privilege" indeed comes with a burden: managing tenants!

We're not suggesting that most tenants are from hell. But managing tenants is what puts off many would be investors. You, in particular, might be lucky because you’ve got a good relationship with your letting and managing agent, who cares for you more than other landlords... Despite all these factors, many of us have taken the challenge of becoming a landlord. And, with experience and time, we know that success comes from dealing with issues, rather than watching them go out of hand…

No matter how busy you are, monitoring your property portfolio Finance is THE most savvy action you should regularly take as an investor or a landlord.

If you are not reviewing your property finance at least every three months then you could be losing thousands of pounds with your current buy-to-let products…most Investors and landlords fail on this particular point...

What This Lack Of Action Is Costing You Right Now

• Cost #1: If you don't personally review your mortgage product on a regular basis, at least every six months, you are definitely missing great products out there that could save you thousands of pounds. Being busy is a good excuse, but what if you could deal with people and companies who are waiting to make your life easier?
   

• Cost #2: If you don't anticipate a smooth transition to a new product before your buy-to-let mortgage enters its standard variable rate period, or right after an over hanging period you will definitely lose more money. Yet again, being busy is a good excuse but what if you knew simple and effective steps to keep yourself reminded...
   

• Cost 3#: If you don’t monitor your property finance portfolio as if it was a whole mortgage, and if you treat property mortgage individually, you cannot establish where you are earning income and where you're losing money. This results in poor financial performance of the entire portfolio and certainly this won't get you in the property millionaire league...

Did You Know That

• Most buy-to-let lenders change their product offering constantly, regardless of whether the Bank Of England changes the base rate or not. This fact in itself creates your best opportunity to save money or expand your portfolio.
   
• There are about 12 main features to look for when comparing two different buy to let mortgages. So, without a mortgage consultant who’s been trained to compare products and recommend what suits your circumstances, yet again you're simply loosing more money…