Lease options

Lease Options are the current hot topic for seminars,

especially in London UK, where house prices are higher, and

the micro market is always assured of deman, it would seem to be

the best resolution for many finance related property questions.

 

However there are a number of ways that lease options can go wrong,

for example, voids, management, the original vendor remortgaging, dying,

being hit with a repossession order.

 

What happens if your tenant stops paying and reneges on the agreement,

how do you protect yourself in this eventuality.

 

Lease options are a tool, but be careful of becoming too overextended too

soon on them.

 

Regards.

Loosey goosey, but not too informal we think

The Duke and Duchess of Cambridge are bridging the gap
beween the formality of an earlier age, represented by the Queen and Prince Phillip,
and the new, hip, modern age of which they will now become a more conservative symbol.
 
They have apparently informed people that may meet them on their upcoming tour of Canada,
to just address them "whatever you feel comfortable with".
 
Can't imagine the Queen being so warm hearted and friendly.
 
But she is from a different era, the black and white newsreel era, the formal fifties when she was young,
is actually rather charming, a young girl stepped out into society in a formal debutantes ball.
 
Things were very proper, now we are much "looser". A good thing? We shall see.

Repos and unemployment

There are a growing number of Home repossessions spreading across the uk,
with repos exptected to reach forty five thousand in the next year.
There is a correlation between unemployment areas and areas where homeowners
are having trouble making mortgage payments.
The rising inflation figures, employement concerns, and the possiblity  of higher interest
rates on loans are all things that are adding to the mix.
Highest in the country is Corby, with a repossession rate nine times that of the lowest,
in West Dorset.

Prince Harry

Prince Harry is to undergo helicopter training in advance of deploying into the Middle East.
He will be trained in survival strategies should he be captured.
Wise to allow this degree of exposure?
Not sure, however, it may be a necessary proving ground for a possible future King of England.
Developing a Warrior as a leader has been a traditional way to establish a sovereign.
 
It seems he may be deployed next year to Afghanistan as an Apache Helicopter pilot,
he will undertake his training in Arizona.
 
Oops, no Pippa news for a while, she just took part in the Highland Cross 50 mile charity race.
Seems to have a good heart, and must be very fit!
 

Pay the Bankers

There is a lot of talk about Banker's Pay.
It is in the newspapers every day, 6.4 M bonuses, etc etc.
There is a sense of something perceivedly "criminal" about the huge bonuses,
perks, and apparent ability to pull huge fortunes and golden handshakes out
of even the worst performing companies, usually at the expense of employees,
in cutting time and benefits, and job layoffs.
Companies may be often now driven by the need to please the shareholders.
It calls to mind the balance of ethics and business.

Out of control

Peope in the US and the UK are worried about their mortgages.

Debt is rising on the public level, and the bankers have knowingly loaned money to people,

they know will not be able to easily dig themselves out of debt.

The world is running in turmoil, government spending out of control.

Food prices will go up, inflation, mmmmm...

Property Business tips

Build a Facebook and Twitter profile.

Brand yourself as someone who is a conservative and customer centered business.

Invest for the years.

Treat your co investors with respect.

Return calls and emails right away.

Nokia News

The big news today is that Nokia shares dropped eighteen percent on the last day of May.
Even though the Finnish Electronics company is the largest in the world, it is having it's market share
chipped away by Apple products, particularly the IPhone, Google's operating system Android which can
be used on mulitple platforms and as shown in a recent documentary, companies that make better
quality knock off products that can be purchased easily and cheaply without fear of being caught.
Six weeks ago, Nokia posted a lower performance guideline set and will be likely operating at about a
break even level for the rest of the year.