National Lockdown Emergency Update
This week, Simon discusses the second national lockdown for the United Kingdom, and how it could potentially affect you and your property investments, specifically the likelihood of what’s about to occur in the UK property market, what it means in terms of viewing and letting your properties, and what you can be doing to make the most of the situation, and remain positive! KEY TAKEAWAYS The major difference from the first lockdown is that the property market is still open during the second lockdown. Last time everything was closed, but this time solicitors and brokers are all working remotely. We can also perform property viewings with restrictions. Payment holidays might seem like a good idea, but they are noted, and can adversely affect decisions in the future. If you can pay your mortgage without requesting holidays, then do so! If you have equity in property that you’d like to release for future investment, it might be best to release it soon as it may dip in the near future. After every boom there is always a bust. Property prices have risen sharply in recent months, but the expectation is that there will be a deflation of that growth, which is a knock-on effect from the recession and the pandemic, but it’s not expected to be as bad as 2009. BEST MOMENTS ‘You’ve got to be really careful not to have a knee-jerk reaction’ ‘It’s really important to use our time wisely’ ‘Get your money ready!’ ’This is a huge opportunity for you if you are ready!' VALUABLE RESOURCES To access more free Creative Finance Strategies visit www.creativefinancetraining.co.uk Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20). iphone: http://bit.ly/pinAPP1 Android https://bit.ly/pinAPP2 Register at Mindset For Property at - www.mindsetforproperty.co.uk ABOUT THE HOST Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32. Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003www.pinmeeting.co.uk. pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors. Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way. How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth. Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book. Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals. CONTACT METHOD Contact and follow Simon here: Facebook: http://www.facebook.com/OfficialSimonZutshi LinkedIn: https://www.linkedin.com/in/simonzutshi/ YouTube: https://www.youtube.com/SimonZutshiOfficial Twitter: https://twitter.com/simonzutshi Instagram: https://www.instagram.com/simonzutshi/