Why Invest In Property In The First Place

Why Invest In Property In The First Place | Rick Otton Takes A Look At What Drives People To Get Into Property Investing

Rick Otton Takes A Look At What Drives People To Get Into Property Investing Whenever I ask people why they want to get into property investing, the common answer is to make more money (specifically from passive income). When you … Continue reading

Posted in Latest News | Tagged , , , | Leave a comment

How To Buy Property Without Taking Out A New Loan | Rick Otton Strategies

British Currency

People often ask me what are the main hurdles when it comes to buying and selling houses; my response is how to get the financing. For most people, taking out a bank loan is the only way they know how … Continue reading

Posted in Latest News | Tagged , , , | Leave a comment

Alternative Solutions For Self-Employed Homebuyers | Rick Otton Analysis

Alternative Solutions For Self-Employed Homebuyers | Rick Otton  Analysis

Have you ever fancied the idea of being your own boss? People who are self-employed usually have more control of their own time which means they have more freedom on how they structure their day. While this is a benefit … Continue reading

Posted in Latest News | Tagged , , | Leave a comment

How To Create Affordable Terms Using Seller Finance | Rick Otton Strategies

London Properties

There are two main hindrances preventing people from buying property: the deposit and the bank loan. For those who are unable to qualify for a government program like ‘Help-to-Buy’, saving for a 10% to 20% is just too difficult because … Continue reading

Posted in Latest News | Tagged , , , | Leave a comment

How To Build A Property Portfolio Without A Huge Capital | Rick Otton Strategies

Bank of England

A new survey conducted by Equifax confirmed that over half of UK homeowners believe that they would face financial struggles once interest rates increase. The Bank of England already voted a few weeks ago that they will maintain the base … Continue reading

Posted in Latest News | Tagged , , , | Leave a comment

How To Buy A House Without Getting Buried In Debt | Rick Otton Shares His Thoughts

Home Loan

The Council of Mortgage Lenders revealed that, although more people are buying houses, they are also taking on larger loans in the process. CML said that 12,300 new mortgages were awarded to first-home buyers in London only, but the total … Continue reading

Posted in Latest News | Tagged , , | Leave a comment

How Will Interest Rates Affect The UK Property Market? | Rick Otton Takes a Look

How Will Interest Rates Affect The UK Property Market

Latest survey figures from Halifax found that 51 per cent of UK homeowners are not worried about the impending rate hikes and how it may affect their mortgage repayments in a couple of months. Halifax Mortgage Director, Craig Mckinlay, explained … Continue reading

Posted in Latest News | Tagged , , | Leave a comment

Is Renovating Always A Good Idea? | Rick Otton Explains

Property Renovation

In investing, the general rule is to buy low and to sell high. When it comes to property, a common strategy is to buy a not so good house for a low price, and then renovate it so you can … Continue reading

Posted in Latest News | Tagged , , | Leave a comment