The willingness to lend against UK commercial property will not be impacted by the result of the UK’s decision to leave the European Union, according to the latest instalment of the Cushman & Wakefield European Lending Trends report.
The fourth edition of the Cushman & Wakefield report released today is based on survey responses of 50 major, active lenders from across Europe and considers views on recent activity as well as trends expected over the next six months.
On Tuesday 4th October we have John Corey coming to the Co-Op, John is a multi-national landlord, with properties from Hawaii to Bradford. 11 time zones and two oceans in between, just imagine the work he has to get through.
John started in the technology sector. After a degree in Computer Science, he moved to California’s Silicon Valley. He worked at Hewlett Packard and later NeXT Computer. NeXT is today’s Apple. While at NeXT, John spent about a year working directly for Steve Jobs.
Early in his time at Hewlett Packard, John went from renting a room in a house to being the owner of a house which he let out as a resident landlord. Call it an HMO California style. John purchased his first house, ‘nothing down’ after a weekend course by the same name, Nothing Down.
John moved to the UK in 1994, when he joined Swiss Bank Corp. Today’s UBS. He bought his first home in the UK that same year. He started his UK investing around the turn of the millennium.
Join us on Tuesday 4th October, where John will be sharing his knowledge on raising finance – Debt or Equity.
Book your seat here:
The Bank of England has cut interest rates, taking the base rate to a new low of 0.25%. This is the first cut since March 2009, and how welcome it is will depend on your financial situation. The Bank also announced a new round of quantitative easing (QE) – pumping money into the economy to buy government bonds.
Our next social will be on Tuesday 2nd August and will be held at:
The Bull
498 Streatham High Road
Streatham
London
SW16 3QB
Tel: 020 8764 4003
(Located on the busy Streatham High Street, just off the south west corner of Streatham Common.)
Please arrive at 7pm for a 7:30pm start.
The UK housing market is set for a decline in sales as buyers “wait and see” what will happen after the Brexit referendum vote, according to property experts.
It has been suggested mortgages could be more expensive and harder to obtain as lenders plan to tighten controls on lending during the period of uncertainty.
The London property market is expected to be the hardest hit after demand outstripped supply forcing prices to skyrocket.
There is a slowdown in homes coming to the market and in those selling according to data from Agency Express based on its board activity.
National ‘Sold’ figures declined for a third consecutive month, down 4.4 per cent, with new ‘For Sale’ listings down 3.7 per cent.
Agency Express says that while a slowdown during May is not unusual the decline is greater than years previous, although figures may still be somewhat distorted by the stamp duty changes.
On Tuesday 7th June we have co-founders Davin Poonwassie and Atuksha Poonwassie coming to the Freedom Property Co-Op.
Davin’s background is in data and databases and he has been providing support and consultancy to a number of clients, both in the UK and overseas. In 2013, Davin set up Simple Backing and started building this business alongside his database work. In May 2015 Davin finished all database support and became a full time entrepreneur, focusing on Simple Backing.
Atuksha helps property investors, developers and entrepreneurs find, acquire and retain loyal customers. As well as being a Simple Backing co-founder Atuksha, also founded Focus2020 in May 2000, which has been providing CRM and guidance and support to companies across many industries and across all regions. Atuksha has helped businesses realise substantial revenue growth by putting customers at the heart of a business and by creating better customer journeys.
The talk will be about crowdfunding and its mechanics such as; how it works, the benefits & risks and top tips. It will also include a specialist talk in customer relationship management which will cover how you can grow your property business using CRM.
Look forward to seeing you on Tuesday 7th June, book your seat here:
Date: Tuesday 7th June, 2016
Time: 7pm
Price: £10:00 in Advance; £15:00 at the door
Hopefully you have had a good start to the new year, on Tuesday 5th April we have Reena Malra coming to the Freedom Property Co-Op. The “Queen of Options”, Reena Malra is one of the UK’s leading property investors and creative strategists.
In just a few years, she’s gone from redundancy to building a multi-million pound property portfolio in the UK and the US, completing on well over 600 deals over the last 7 years… And thanks to the creative strategies she uses, she now enjoys a high annual income, which gives her the FREEDOM to live life on her terms.
Reena is one of the UK’s most sought-after speakers and educators on the subject of creating income from property, and has helped hundreds of people to throw off the shackles of the 9-5 grind and build financial independence using property.
Look forward to seeing you on the 5th, book your seat here:
Ranjan Bhattacharya is a seasoned property investor and developer who over the last 25 years has built an extensive portfolio of residential and commercial property in London. He is a former management consultant with Accenture and has an MBA from the Cranfield School of Management.
He is the author of the best-selling ‘Build Your Property Empire – Home Study Course’. Ranjan is also an advisor to Channel 4’s Property Ladder and has been a regular speaker at the Property Investor Show since 2004.
Ranjan bought his first investment property in 1990 having just graduated from University. With no cash of his own, he had no choice but to structure the deal to be no money down purchase. Ever since buying income generating property with little money down, has been the ‘corner-stone’ of his investment strategy.
Ranjan has produced a FREE 48 page report titled, ‘The Property Investors SURVIVAL GUIDE’. You can download it for free at YourPropertyEmpire.com
Look forward to seeing you on the 1st, Book your seat here:
On Tuesday December 1st we welcome Elsie Igbinadolor to the Freedom Property Co-Op, Elsie is a qualified Chartered Accountant, having trained with KPMG she has worked for over 15 years for a number of prestigious banks in Canary Wharf / City such as JP Morgan, UBS and Barclays both in the UK and overseas.
Elsie has been investing since 2005 and has built up a substantial portfolio of high value central London apartments and HMOs. Elsie is now working full time in property. Elsie will tell the story of her journey as a successful property investor. Elsie will talk about how to find the right deals in London and raising finances.
Look forward to seeing you on the 1st, Book your seat here:
