Product Details

• Amazon Sales Rank: #26100 in Books
• Published on: 2008-01-15
• Original language: English
• Binding: Paperback
• 240 pages

Synopsis
Despite fears of a property market slump, historical trends indicate that house prices rise in the long term, and that although it means weathering some unfavourable conditions along the way, property remains a fundamentally sound investment for the future. But guidance is needed for successful buy-to-let investment. Author Ajay Ahuja is a chartered accountant and well-known buy-to-let property millionaire who offers an inside view on the subject. In this revised, fourth edition of his bestselling book, he divulges the practical techniques and financial tips that have taken him from an initial investment of GBP500, to a property portfolio of successful buy-to-let properties up and down the country worth more than GBP10 million. Ajay also advises councils and accommodation projects on social housing problems and their solutions. This guide covers: Finding the right property; Finding the right lender; Finding the right tenant; Legal issues; Lists of buy-to-let mortgage lenders; List of more than 350 UK buy-to-let hotspots, by region; and, a List of 'Top 10' hotspot locations in the UK.

About the Author
Ajay Ahuja is the founder and owner of the national accountancy practice Accountants Direct. It is the first in the UK that deals exclusively with the provision of references for the self-employed for mortgaging purposes. This experience has led to an in-depth knowledge of mortgages and the property market in general.

He currently consults with various local councils and accommodation projects, attempts to provide innovative solutions to problems being faced by the homeless and comments on issues surrounding social housing.

He now owns and controls a property portfolio worth £3m and provides housing for more than 250 people around the UK.

Customer Reviews

a bit out dated
I agree pretty much with the analysis left by the reader below.

What he teaches in the book cannot be replicated in this market, in some hotspot areas he talks about houses for £40,000. I WISH! His stratergy would have worked 8-10 years ago.

It's readable and informative but can't work in a top of the cycle housing market. This book was not written while he was acquiring property at sensible prices. I WONDER WHY? Most of the lenders he quotes have at present stopped lending or require substantial deposits due to the credit crunch.

The yeilds he talks about just to not add up. As they say when the bandwagon joins the party it's time to write a book as an alternative revenue stream.

good book but has flaws
This book is good for investing in property around 8-10 years ago. But cannot see his methods working now as he himself admits that the market has become to high in the country in which he chooses to make his investments in Scotland. This information is not in the book by the way. But it is an inspiration and it is a good read. He even makes investing sound easy but of course it is not. Another thing is that almost half the book is pages and pages of mortgage deals from banks and lenders which are all totally out of date now. Very short word count for a book. I have told it like it is.

A Great Starting Point, worth the money.
I bought this book because there were huge gaps in my knowledge despite researching heavily on the internet. I was not disappointed. Everything I needed was here although the deals offered by mortgage lenders in the back is irrelevant as this changes rapidly. I employ the simple methods outlined to decide a purchase, I am able to evaluate instantly the real worth of a property I view and in one year I have purchased 5 properties and set up a holiday self catering business. The book has helped me make good decisions. I recommend it highly, cheap as chips for someones knowledge. Its a great place to start and you could make costly errors if you don't buy it. I do recommend you find a financial consultant to do the mortgages. He will find the best deals at the time and save you hours of trouble and strife. My guy charges £100 every time a mortgage goes through, well worth it. You have so much to think about when you start building a portfolio that having someone else do the finance for the deal is a god send. Good luck