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Matt Brighton

21 | Renders of the new buy-to-let! & Market Update

Published over 2 years ago • 1 min read

Hello everyone! 👋
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Progress is finally being made on the first buy-to-let. There's been a few teething issues with the lending side of things but nothing that isn't fixable. A new lender and new solicitor later we're back on track!

I've been working on the floorplans of the property and thinking about how to decorate the space, what materials to use and how on earth I'm going to fit this into a £9000 budget (with £1k contingency). Here's a sneek peak at some of the render:

Bathroom Render (The back wall of the bath will be tiled, don't worry!)

Living room - experimenting with coloured feature walls to stand out in the market

A lot of the rental stock is terrible quality in the area. So this property should really stand out, it's round the corner (literally) from 2 primary schools and a main secondary school. There's barely any rental supply in the area so when this goes up, I'm expecting it to be snapped up quickly. I haven't spoken to estate agents yet but I think that £650 would be achieveable in the area for a 3-bed semi.

I really cannot wait to share proper videos of this and give you a walkthrough of the property a

nd showcase the refurb!

🏡 The World of Property

  • Buyer demand has moderated as stamp duty holiday ends but remains elevated compared to ‘normal’ market conditions
  • ‘Search for space’ among homebuyers, as well as
  • Total stock of homes for sale remains constrained, down 24% in the year to mid-June compared to the average in 2020

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Property Deal Analyser allows you to track, analyse and manage your property deals like a pro.

Everything is customisable which makes this so unique - every business is different so you can tailor it exactly to your needs. Notion is super easy to use and free to download.

📽️ YouTube this week

I have 2 new property videos up for you to check out. The first is a walkthrough of the virtual plans of the buy-to-let and the second is some thoughts and help if you're struggling to find your first project in this super hot property market.

Matt Brighton

Hey, I'm Matt. I've worked for several years in financial services & banking for one of the UK's largest banks in London and now work as a senior product manager in a global startup. On the side, I'm building a property development group utilising all my leadership, project management and financial experience. I'm helping share my knowledge of working in these roles mixed with the world of property.

Read more from Matt Brighton

Hey friends, It's been a few months. I don't tend to spam your inbox with lots of these emails for those who have been subscribed for a long time to my updates. As usual, if this newsletter isn't for you - there's a link at the bottom to remove yourself from the list. What's going on in the property market? My latest YouTube video explores the latest figures and provides a balanced view of what's happening in the property market. Rishi is celebrating halved inflation, which doesn't mean...

3 months ago • 2 min read

👋 Hey Reader It's been a busy few months, so I've been a little quiet on emails. We finally moved into the big renovation project outside of London after a stressful 8 month conveyancing process and the house almost falling through (classic). Planning permission has been submitted and we're starting to rip out the house, however living in a project that you're doing up is always tricky with logistics! After we bought the house, a house 4 doors down the road sold for £1.5m in cash to a famous...

12 months ago • 2 min read

👋 Hey friends Premier Property Lawyers are still being the biggest pain in the bum in our property sale. My buyers mortgage expires in 3 weeks and they keep raising endless menial enquiries at the last minute that keeps holding us back. I repeat my advice from the last newsletter - never ever use any of the conveyancing brands under the Simplify group. They're awful. In other news - the property market has took an incredible flip over the past few weeks, we really did not expect interest...

over 1 year ago • 2 min read
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