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And if she had I would have agreed :-) My point is simple: Don't take anything for granted, and certainly don't teach everyone that things never change. UK housing prices have recently been doing well because the economy has done well. But economies work in cycle and maybe one day the UK will...

Personally, I made my money as a tech entrepreneur, but I'm actively converting that money into cashflow, and the best asset to do that for me at the moment is property in Barcelona :) Edit: As to the second question, for me it's about generating passing income, enough to not work if I wanted...

This is the UK historical data. If you bought in 1989 and held it for 10 years (A long time) you would have lost money. What I am trying to impress upon you is that things do not go up in a straight line, and while the UK has done well so far on average in terms of house price appreciation...

Fresh out of the press... unfortunately I can't paste the link, the forum prevents me, but here is the beginning of an article on Bloomberg. I hope it will help dispel the myth of "Prices always go up", because they just do not, and implying that it does is dangerous, some people will lose their...

Clearly, money in the bank is dangerous too - agree. I wouldn't be so confident about the government protecting the housing market though. They are hell bent on crushing it right now by hiking taxes for landlords in particular.

Again, this is a falacy. No assets can go up forever when compared to inflation, it is just not possible. There is a name for that, it's called a bubble. The only question is to know when prices have gone too high, and obviously that's hard to know. But maybe, just maybe, tomorrow will be the...

This is a falacy. The fact that in your experience prices always go up does not mean it does. There are countless examples of markets crashing. It's a matter of economy, demographics and location that will tell if it goes up or down.

Well... I am building a website which does exactly that! You can download a free V0.1 spreadsheet, but the new more robust version is coming very soon - I will update you. For now, if you go to yieldpal.co.uk you can download the spreadsheet and tell me what you think :-)

Well the nice thing about property is that it gives you Yield where gold... really doesn't.

So I'm not sure about the UK as a whole, as this is probably region specific but I always wonder: how high can rents go? I mean, in London it's already really crazy.. the average person doesn't have much money left once the rent is paid..

@Nicholas Wallwork thank you for the thoughts, appreciate it! The current data is based on one scan of websites, but once automated properly we would run it constantly and average every month, should give us some good data. I'm worried that a year would be too long, but a quarter could be a good...

@Nicholas Wallwork i only deal with family lets, less trouble than the others. In Barcelona you also need a licence for short lets and these days it's impossible to get one. You can rent bedrooms separately if you want to, it's just more work. That said, I am getting gross yields on family lets...

Voted :) 5 at the moment, all in Barcelona.

Actually another point I forgot to mention on this. An LTD could massively influence your inheritance tax bill as you can pass on the shares tax-free

Hi @Nicholas Wallwork, We are sourcing the data from various real-estate websites and then excluding the outliers. We source minimum 5 sales and minumum 5 rents per type of property and compute averages. It is not as accurate as the real registry data for sure, but it should be a good...

@Luke Masters makes sense. I was just unsure as in the past I did get a loan for a UK startup from the bank (but not for property),but had to guarantee the loan with my own name, regardless of the LTD status, as the bank would not lend otherwise. I just wondered if this was at all possible for...

I've always be tempted though never did in the end. I have been to an auction before though, and if you are going to bid, you need to do a lot of research on the property BEFORE the auction, and set yourself a maximum price, and then have the discipline not to break your maximum price in the...

So if you are going to do refurbishments, it certainly makes sense as you can offset the cost of the works. Obviously it's more work to maintain the books and this will cost you each year, so for 1 property it might be overkill, but if you have several it starts making sense. One downside (at...

Yes it rings a bell although as you said we focused on massive scale. I agree with you strategy, much better being outside of London at this moment. Good luck to your investments :-)

Hi, I completely agree with @Nicholas Wallwork I think he is spot on. Invest for cashflow and life will become real sweet. With mortgage rates this low it's the best time ever to invest, and you have the chance of living in the north where prices are a lot less bloated than London. So yes, if...