Phil RichardsonSep 3, 20201 min readWhat is BMV?Below Market Value (BMV) in property terminology are residential properties that can be bought for less than their Actual Market Value
Phil RichardsonAug 27, 20206 min readWhat is a Bridging Loan?Bridging loans are often used by landlords and property developers to fund projects. As they can be used for the initial purchase...
Phil RichardsonAug 20, 20201 min readWhat is SA?SA - Serviced Accommodation is fully furnished properties which are available for both short or long term let.
Phil RichardsonAug 13, 20201 min readWhat is Yield?The Yield of a property tells you how much of an annual return you are likely to get on your investment.
Phil RichardsonAug 6, 20201 min readWhat is ROI?Return on Investment (ROI) is the annual profit (income minus costs) generated by an asset, divided by the cash you've put in.
Phil RichardsonJul 29, 20201 min readWhat is an HMO?A house of multiple occupation (HMO) is a property rented out by at least 3 people who are not from the same household...
Phil RichardsonJul 23, 20202 min readWhat is a Buy-to-Let (BTL) Mortgage?Mortgages designed for landlords (buy-to-let mortgages) are not the same as mortgages designed for home-owners (residential mortgages)...
Phil RichardsonJul 15, 20202 min readWhat is a Rent to Rent (R2R)?In simple terms an individual or company rents a property for a fixed period of time and guarantees the rent for that period.
Phil RichardsonJul 9, 20201 min readWhat is a Buy-to-Let (BTL)?A Buy to Let property is a property that is purchased specifically to let out to tenants.
Phil RichardsonJul 9, 20202 min readWhat is Buy, Refurbish, Refinance (BRR)?So how do property investors own double figure if not triple figure property portfolios? Where does all the money come from?
Phil RichardsonJul 8, 20202 min readWelcome to Garner MavenHello from Phil Richardson & Diana Jenner the Directors of Garner Maven.