#46 How can I borrow more and house hack my way to a buy-to-let property portfolio? cover art

#46 How can I borrow more and house hack my way to a buy-to-let property portfolio?

#46 How can I borrow more and house hack my way to a buy-to-let property portfolio?

Listen for free

View show details

About this listen

 Hi Heather, Here’s my questions. I'm a single first time buyer, I have just under £10k deposit and i can borrow up to £200K based on some mortgage brokers.. is there any way I can borrow more money to buy a bigger house? What are your thoughts on the "helping hand mortgage" by Nationwide. Are there any other schemes for first time buyers? Second question, my plan is to use the house hacking method to save up faster in order to invest in more BTL properties. What’s your advice on house hacking and is it legal, do i need to inform the lender and would that make them more inclined to raise my interest rate? Third question, do I generally need both council and lender permission to change the structure to the house? Such as extension or loft conversion..etc? And how do I go about it.. where do I start? And are there any zone-ing regulations here in the UK as there is in the US? Finally, I am a foreign national here in the UK on a skilled worker visa, I've lived here for just over 5 years including a year in university, my credit score is very low due to the fact that I am not eligible to register for voting! I spoke to the council and they said they can't do anything. Is there anything I can do..? That's the only reason why my credit score is low. Thanks, Ahmed AND Hi Heather, I want to get into property investment but have very little capital. Is there any advice other than save to help buy properties with little to no capital? Your help is much appreciated. Shahid RESOURCES Tips on improving your credit score: https://www.katsonga.com/wealthblog/qa-how-can-i-improve-my-credit-score-so-that-my-husband-and-i-can-buy-a-house Investing basics: https://www.katsonga.com/wealthblog/how-do-i-save-into-a-pension-if-am-not-employed-or-self-employed Call me: https://clarity.fm/heather B School for Kids and other books: https://www.katsonga.com/mybooks.html Ask me a question: https://www.katsonga.com/coach.html Support the podcast: In $: https://www.buymeacoffee.com/TheMoneySpot In £: https://www.patreon.com/TheMoneySpot Your way: https://www.paypal.me/katsonga Related post on my website: https://www.katsonga.com/wealthblog/how-can-i-borrow-more-and-house-hack-my-way-to-a-buy-to-let-property-portfolio
activate_mytile_page_redirect_t1

What listeners say about #46 How can I borrow more and house hack my way to a buy-to-let property portfolio?

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.