Remortgage for FREE MONEY?! How to remortgage to refinance your next purchase!
Рет қаралды 9,728
Күн бұрынAre you looking to remortgage? Do you know what a remortgage is? Did you know that you can remortgage your property to gain extra money! Well this video is going to give you all the key details you need to know about remortgaging your property and gaining that little extra cash! Ley me know if the remortgaging video has helped you! Have you remortgaged to gain extra money before or are you going to consider remortgaging to gain extra cash?
APG - www.aspirepropertygroup.co.uk...
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00:00 - Intro
00:34 - What is a mortgage?
02:02 - Why is it important?
09:22 - Can you use it on anything?
@JamieYork 3 ай бұрын
APG - www.aspirepropertygroup.co.uk/?KZfaqOrganic
@peters3724 3 ай бұрын
Did this couple yrs ago worked a treat, now I have a £2m portfolio including a commercial property going really well & ready to refinance again
@JamieYork 3 ай бұрын
That's incredible mate! Well done!!
@jeffa2006 2 ай бұрын
What about paying income tax?
@tompayne1696 3 ай бұрын
Great to finally see a video on refinancing! Would like to see some numbers after you have refinanced to see how much your mortgage goes up( not you personally) and how likely mortgage companys would lend to people
@jakeblair4215 3 ай бұрын
Id like to see a video on BTL mortgages, and an analysis on whatvis best (2 or 5 year fixed term) and more specifically how the interest only can be paid off most effectively
@ibbysworld5966 3 ай бұрын
Great content. ❤ What would be the Risks in purchasing in Coventry or Rugby?? Could we have a video on Risk management please????
@redplanetplasterer 3 ай бұрын
Very interested
@JamieYork 3 ай бұрын
That's great! Thanks for watching!
@peterdavies3617 3 ай бұрын
@jamieyork have you got a broker you can recommend for an expat? That isn't a ridiculous figure of interest for a remortgage?
@amo54772 3 ай бұрын
hello, I’m 21 these videos have really helped me up with my mindset hopefully by the end of the year, I will be able to invest in your company (APG) . I just want to say a big THANK YOU!!!
@JamieYork 3 ай бұрын
That's amazing mate! Glad the videos have helped you! Hopefully hear from you soon pal! That's a great mindset to have! Most welcome! Thanks for watching! Keep smashing it! 🙌👍
@gavinparson Ай бұрын
I've already paid off my mortgage so I'm looking for the best way to release equity for an investment property
@natbizzle04 2 ай бұрын
Do you always have to leave 25% in the property when you remortgage on a BTL, or can you drop to 10%?
@harprietkaur7895 2 ай бұрын
APG looking to build my portfolio
@JamieYork 2 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@AN-vt3kl 3 ай бұрын
Jamie how many properties with rental income of around £1000-£1200 per month would you have in your own name, or should we form limited company, we have one in our names already, but not sure what to do going forward, plan is to get at least 4 maybe more if will be able to, Thanks
@MarkLikesCoffee860 3 ай бұрын
The tax-free allowance is £12,570 per year. Anything above that would be in a limited company
@seanwalsh168 3 ай бұрын
Is there a particular place you go to determine the average capital growth of property within a certain area or postcode?
@evka24 3 ай бұрын
Agent
@repousseltd4795 Ай бұрын
APG
@JamieYork Ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@marissakeynes2532 14 күн бұрын
But lenders always under value properties when u try to release equity.
@butin9961 3 ай бұрын
Great vid as usual. The thing about remortgaging your own home is it is in personal names so you need to be able to pay it back from earned income. This means you need to keep working or have enough assets to pay for it. You need to allow for this if you want to reduce working
@rikardsaje 3 ай бұрын
I can see your point but to use equity from your home to then purchase a BTL is a great way to make your equity work for you. The profit from rent can pay for this extra debt and you have 2 properties going up in value over time. Also inflation eats away at your debt so say you owe £200K on your home what is £200K going to look like in 25 years. My dad's first house in the 70's was £4K quite a bit of money then but if he had just done interest only for 25 years he could've paid that from his current account. I'm not on here to argue but this is how I look at it.
@jpoulten 3 ай бұрын
First!
@JamieYork 3 ай бұрын
That was bloody fast!
@jpoulten 3 ай бұрын
That’s what she said!
@russellcooper827 3 ай бұрын
I know the numbers , I'm not sure about the area , but how to persuade the misses to use our equity. There's no videos on this problem jamie.
@camcoolcam 3 ай бұрын
There will be no videos on this as we still don't understand women 😂😂😝
@AN-vt3kl 3 ай бұрын
I had same issue 2 years ago, just explain her that is cheapest way of borrowing and and having another property under your names! Now we are slowly getting ready for another one when times comes for remortgadging!
@evka24 3 ай бұрын
I would like you writing things on board. I am visual leaner. Thank u
@ryanspring-oz1qx 3 ай бұрын
Is it still Possible to seek advice or book into an exploration call with you guys? I’ve sent a few emails but no reply
@JamieYork 3 ай бұрын
Hey mate! Send me an email at media@jamieyork.com and we will get back to you!
@gustinian 3 ай бұрын
Not one mention of inflation?
@gulagga371 3 ай бұрын
Good one.. BTL Spv? I am a broker. Can have much to discuss .
@Ivonskitchen 3 ай бұрын
Apg
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@JakeWaring 3 ай бұрын
How does this work for affordability? For someone with a normal day-day job surely they wouldn't get the affordability for 4x BTL mortgages?
@ryanc3687 3 ай бұрын
A BTL mortgage has nothing to do with your day job. A stress test is completed in regards to what the property brings in per month / what your monthly repayments are.
@karenbarker9474 3 ай бұрын
2 year or 5 year fixed? What is the best option? Also, do you get an interest only or repayment mortgage on your own property to release the equity?
@manni192 3 ай бұрын
Always interest only on buy to let property
@karenbarker9474 3 ай бұрын
@@manni192 Thank you for the reply. What if it’s your own property?
@manni192 3 ай бұрын
@@karenbarker9474 sorry I misread your question. If it's your residential property it's usually a repayment mortgage. It's interest only on buy to let mortgages
@karenbarker9474 3 ай бұрын
@@manni192 no problem 😊thank you. I was thinking repayment but wasn’t completely sure.
@sdavis7096 3 ай бұрын
Can some actually explain to me how remortgaging to refinance actually works? For instance I’ve got a mortgage of £350k and about 25 percent equity in the home I live in. Home has probably gone up in value slight as well as it’s been renovated etc.
@ryanc3687 3 ай бұрын
With a property going up in value and the mortgage being paid down, your basically getting a new mortgage to release that equity. Means your new mortgage will probably be if a longer term or slightly increased repayments per month.
@sdavis7096 3 ай бұрын
@@ryanc3687so basically when I renew the mortgage I can take some money out and have a higher monthly payment but use that money on other investments?
@JTMary 9 күн бұрын
I tried to contact your team, but I was told your course is only for people that want to invest in UK :(
@JamieYork 8 күн бұрын
Indeed it is. You can live anywhere of course, but it focuses on UK property investment
@foodkickstravel 3 ай бұрын
3rd 😝
@JamieYork 3 ай бұрын
Haha!
@The_Summit_Wanderer 3 ай бұрын
Banks aren't taking ANY risk ...why? ...they get the house if you default
@Sarahjanew76 3 ай бұрын
A P G
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@millercrypto2093 3 ай бұрын
If property prices fall by 25% which is possible as we are in an asset bubble at the moment your 25% equity will be wiped out completely. You will also have lost your buying costs etc….. Yes property is a great investment, but like all investments you want to buy low not high which is the case now.
@JamieYork 3 ай бұрын
I think that’s very area dependant. The areas I invest in is vastly under priced. London is over priced in my opinion. So you’re 100% right there 😊 Always measure risk vs reward
@spokes1018 3 ай бұрын
Buy land, they're not making it anymore (M.T.). Tangible assets retain their value as a whole. Its far easier to print money than build houses.
@WarrenBeesley-tu4cb 3 ай бұрын
Paranoid 😂
@RabJ208 3 ай бұрын
On the "Charlie" ? 😂
@anjummughal8536 Ай бұрын
APG
@JamieYork Ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@raycress_notacyclist 3 ай бұрын
Apg
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@leighmcgarvie5143 2 ай бұрын
APG
@JamieYork 2 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@rekhaanthony8050 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@RanveerSingh-uw8fj 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@mohammadal-dahhan5776 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@L33gion87 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@EUHideYoWife 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@georgep19844 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@pratikamin959 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@Fevi-yc3eu 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@GurvinderSingh-oe9bl 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@stephaniesmith7626 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@jigarrvikmani4977 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@israellewis9589 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@martynjames9491 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks for reaching out! Go to: www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details!
@swindonloftconversionsltd.1025 3 ай бұрын
APG
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@LiamBirss 3 ай бұрын
Apg
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@AlexAitkenhead 3 ай бұрын
Apg
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
@rekhaanthony8050 3 ай бұрын
Apg
@JamieYork 3 ай бұрын
Thanks! Would be great to work together! Head over to www.aspirepropertygroup.co.uk/?KZfaqOrganic and fill in your details, and a member of my team will be in touch! 😊
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