Buying in London
How to buy property in London or anywhere
How to buy property in London or anywhere
By Orall Cornelius
After the publication of my book, Murder Your Mortgage in 7 Years, some people commented, “congratulations on a great book Orall, but I can’t even think about buying a house, never mind paying it off in 7 Years!”
After the publication of my book, Murder Your Mortgage in 7 Years, some people commented, “congratulations on a great book Orall, but I can’t even think about buying a house, never mind paying it off in 7 Years!”
It’s the elephant in the room.
It’s the elephant in the room.
There are always stories on how this generation will never own their own home. Here’s my quick, no nonsense, common sense take on how I would do it.
There are always stories on how this generation will never own their own home. Here’s my quick, no nonsense, common sense take on how I would do it.
3 steps.
3 steps.
1. Flexibility
1. Flexibility
Pick an affordable location that allows you to get to where you need to, in a reasonable amount of time. If you’re in a major city his might mean moving to the outskirts or outside. If your rent is high you should probably consider this also.
Pick an affordable location that allows you to get to where you need to, in a reasonable amount of time. If you’re in a major city his might mean moving to the outskirts or outside. If your rent is high you should probably consider this also.
A quick search gave me these useful links:
A quick search gave me these useful links:
2. Schemes
2. Schemes
What help is out there? There are a number of government schemes as well as other ideas like buying with friends.
What help is out there? There are a number of government schemes as well as other ideas like buying with friends.
Some schemes:
Some schemes:
3. Saving
3. Saving
More savings, more options. Zero savings, zero options. You’ll need to increase your income and/or reduce your expenses and yes, saving will take time. My book Murder Your Mortgage in 7 Years gives details about how I did this.
More savings, more options. Zero savings, zero options. You’ll need to increase your income and/or reduce your expenses and yes, saving will take time. My book Murder Your Mortgage in 7 Years gives details about how I did this.
That’s my quick take. Questions?
That’s my quick take. Questions?
Get the book on Amazon
Get the book on Amazon
