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As a farmer and a property investor I can see areas I need to develop. Property Mentor has boosted my confidence to a new level and I'm looking forward to my future property deals
Phil Robinson, March 2010 Read More Testimonials -
Having had great concerns about becoming a Property Mentor delegate and attending the Workshop, I now feel much more confident about starting up in property investment and can see that with commitment and effort it could be a very viable business
Steve Dodd, March 2010 Read More Testimonials -
Learning how to research the area(s) I am interested in and how to stack the properties will give me the confidence to know I will be able to afford the deals I go for. This means I will be able to fulfil my dream to invest in property and become financially free.
Lesley Adam, March 2010 Read More Testimonials -
The Workshop covered a much wider spectrum and much more thoroughly than other courses I have attended. It has given me more confidence to invest in property
Chris Pennington, March 2010 Read More Testimonials -
This course has been mind opening. I can now see a proven path to becoming wealthy and financially free
Luke Vincent, February 2010 Read More Testimonials -
Before attending Property Mentor I had no idea of the different strategies that are available. I now have a clear strategy to start my journey to financial freedom...Yipee!!
Tim Rutland-Dix, February 2010 Read More Testimonials -
Knowledge is King and the knowledge I learned would have taken forever without Property Mentor
Khush Nathadnaravake, February 2010 Read More Testimonials -
I've wanted to invest in property for three years. I now have the knowledge, the confidence, the tools and the Property Mentor support to succeed. My future is mapped out from today. The future is positive
Crookall, February 2010 Read More Testimonials -
A highly rewarding few days where I learnt a lot of new information and skills. I now have the confidence to go forward and take my first steps in property investing, confident that the Property Mentor team will be there to support me
Sean Stabb, February 2010 Read More Testimonials -
I was impressed with the Taster evening and the Property Mentor Workshop was excellent. It opened my mind to a whole new concept of buying property and getting maximum cashflow. Thank you.
Sarah-Jane Rootham, February 2010 Read More Testimonials -
Brilliant! Everything I was looking for to start my life. To free myself and my mind from the illusion that it is impossible and only other people do it!
Mark Williams, January 2010 Read More Testimonials -
I am confident the Workshop weekend will be the catalyst to creating financial freedom. The Property Mentor system is very simple and with a little application it will change my life
Philip Terry, January 2010 Read More Testimonials
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Disused Property Plans
Abandoned shops and disused car parks could soon be transformed into property havens for first time buyers, according to the Guardian.
In their quest to help first time buyers make an affordable leap onto the property ladder, Wandsworth Council are launching their Hidden Homes Scheme. A Project dedicated to converting abandoned shops, properties and car parks into luxurious apartments.
Boarded-up properties, abandoned shops and disused car parks may not sound like pleasant places to live, but one housing association thinks these derelict spaces could help first-time buyers take an affordable leap on to the property ladder.
Notting Hill Housing (NHH), one of the largest housing associations in the country, has just spent nine months converting a disused, dark and dingy car park in Putney, south-west London, into 10 spacious and bright apartments which no longer betray any sign of their former dilapidated existence.
The development in Cambalt Road is part of Wandsworth council's Hidden Homes scheme - a project which scouts out disused properties such as sheds, garages and old boiler rooms on local authority land and transforms them into apartments.
Mark Vaughan, director of home ownership at NHH, says: "This idea of recycling existing buildings could be rolled out as a model across the country."
The Empty Homes Agency, an independent charity which highlights the waste and inefficiency of derelict properties in England, is also encouraging local communities to work together and make more efficient use of wasted space in neighbourhoods.
Henry Oliver, policy adviser at Empty Homes, says: "A lot of new developments end up wasting space, and it is far more efficient to maximise what is already available. There is a huge amount of space going begging everywhere - places such as empty offices and upper floors above shops which could have a residential use."
To date, Hidden Homes conversions have only been available as social housing stock from local authorities; Southwark council has also earmarked empty launderettes and unused offices as spaces to be converted and remodelled into residential properties. But the 10 properties in Cambalt Road are the first to be available to first-time buyers via the New Build HomeBuy scheme.
Full market prices start from £213,000, but under the shared-ownership scheme first-time buyers can purchase a minimum 25% share worth £53,250 on which they must take a mortgage, and pay a rent on the remainder.
Providers offering mortgages on New Build HomeBuy schemes include HSBC, Abbey and Leeds building society.
More about the author of this article
Fraser Stirling, Property Mentor Delegate
A first time buyer during the property boom of 2007, Fraser Stirling appreciates how high property prices and 20%-40% mortgage deposits can restrict your investment options. However, with the support of a proven investment system, Fraser has successfully managed to change all that and become the proud owner of multiple properties – a journey he feels Property Mentor can help other first time buyers to achieve too. Read more
To see a full list of our writers and find out more about them please visit the authors page.
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