Since I wrote my initial response in May, the issues surrounding BBLs has become clearer. These are my extended thoughts on the use of them in property: What I am asking from you is a willingness to change your mindset from that of a buyer, to that of a business person. I’m also asking you to change your inaction and take action. A lease option income alternatively, is one that allows an individual to control a property and generate income from it – with the option of buying it later. That taking a BB loan may impact your ability to get finance in the future due to the admittance of being “adversely affected by C19”. This is already proving to be the case as lenders are starting to include Covid19 in their under-writing protocols.

Next week, the updated Limited Company Essentials course goes live. If you've enrolled in any of Touchstone's courses, remember, you have lifetime access. Plus, each update grants two days of live engagement at no extra cost. Get ready for insights, networking, and maximising your investment! 💼 Plus, many investment types have low entry price points, meaning that you often don’t need to save as much as you previously thought. The team behind the event, led by Paul Smith, Touchstone Education co-founder, consists of trainers with real-life investing experience and their own property portfolios. This team has tried and tested the strategies offered, and the result is a learning process that can help budding investors find their way into the property market.It means that even if they only have half the cash – or even less if they have expertise they can utilise – they have enough to get started. Important details about the property market – including rent to buy, commercial property and serviced accommodation – will also be discussed, as Smith is a well-informed and successful figure in the world of property investment. Commercial property is an area of the property market where Smith is very well-established. Therefore, he is often able to teach his students about this lesser-known investing option, opening their eyes to the opportunities that commercial property holds. Our aim at WTP is to build help everyday people build wealth through property. Buying a property is easy, but building an empire isn’t. Buying the right property, in the right suburb, at the right time without overpaying is even harder. Whatever property path you want to follow, I want to help you achieve your goals. If you’ve lived in a home for more than 5 years it is likely that you have a home that is worth more than you paid for it. Get set up for success and meet the Touchstone Team! It is vital you arrive promptly to receive all your essential links and event resources to ensure you get the most from the event

Haven't attended Wealth Through Property? Secure your spot to make 2024 and beyond your best years. 🚀 That BB Loans are ONLY for businesses “adversely affected by CV” which means businesses that are financially struggling. This is not money to use for other purposes other than cash flow, paying staff wages etc. and not for businesses that are not in financial distress to apply for, just because they can through self-certification. A multi-million-pound property mentor and wealth coach, Smith is also a number one best-selling author and a Guinness world record holder. Touchstone Education was established in 2014; Smith is a co-founder and property mentor who is responsible for running the company’s property courses.

If you're in the same boat, having built your wealth over the years (maybe through home equity), you might relate to my shift towards off-plan property. I've been leaning more and more into new properties, working with reputable developers in prime areas, and experiencing fantastic rental appreciation. Some of my properties have even appreciated by 15-20% between signing the contract and getting the keys!