Advanced Property Tips + Networking For The Serious Investor

Be More, Achieve More with Simon Zutshi interviewed by Chris Cooper

March 26, 2014   No Comments

Budget pension reforms to have profound effect on housing market

The death knell for annuities sounded by George Osborne in the budget has already pension companies bemoaning the decision, but it has to be welcome as liberation for those with that good old substance called common sense.

For those of you who need reminding amongst the welter of facts from the chancellor’s budget last week, from next April savers aged 55 and above will be able to withdraw their entire pension pot as a cash sum, with the first 25 per cent tax free with the remainder taxed at the saver’s marginal rate.

From 2018, the minimum age people can access their fund will be 57, then it will be linked to rises in state pension age from 2028.

Unquestionably, this will see a huge boost in buy-to-let investing and it’s a good option for people who have saved over their working life to earn a rental yield that outweighs normal saving rates.

It is clear and sound logic for savers to use these pension windfalls to invest in property. Prices in property will carry on rising despite efforts to boost the supply with new building programmes.

Most polls are showing that property has increased by around seven per cent in the past year and our own survey of PIN members showed almost half expect property to double in the next 10-14 years.

Historically, property prices have been shown to double every decade or so, even allowing for dips, which are all part of the journey that is long-term property investment.

At pin we see the chancellor’s move as giving more freedom to the people to do what they want with their money. Sometimes we hear the term being thrown around ‘the nanny state’ which is pointed at successive governments’ failure to allow the people the freedom of choice they deserve.

However, giving us the opportunity to do what we want with our own pension money is certainly a step in the right direction.

 

March 24, 2014   No Comments

pension provisions

PRESS RELEASE

27th February 2014

Over 40% of landlords relying on property as sole means for retirement, survey reveals

A survey of independent landlords has shown over 40 per cent are putting their trust wholly in property as their means for pension provisions.

The survey of 879 property investors, shows 42.4 per cent, with a further 49 percent using it as a major part of their income for their later years.

The findings by the Property Investors Network (pin), comes less than a fortnight after the Financial Conduct Authority said millions of pensioners are getting a poor deal from the annuity market.

We have a situation now where there is an endemic loss of faith amongst traditional financial institutions, and the public believe that good old bricks and mortar remain the best way forward,” said Simon Zutshi, founder of the Property Investors Network(pin).

Mr Zutshi, who’s organization hosts 41 property networking meetings each month across the UK, ad is a best-selling property author, said the consensus amongst those involved in property investment is it should be allowed the tax benefits given to other types of pension provision.

The tales we’ve heard in recent years of highly paid bankers being utterly reckless with the futures of many, plus other tales of woe by those looking after our money, shows that the public should be entrusted with more control over their futures and SIPP (Self-invested personal pension) should allow residential property as part of a solid portfolio.”

The FCA said in its recent report that millions of pensioners were getting a raw deal due to poor annuities, with the regulator also highly critical of price comparison websites used by some people to buy an annuity, saying that every one of the 13 sites it looked at was guilty of poor practices.

An annuity provides a regular income from the pot of money that a pension plan holder has accumulated during their working life. At retirement, an estimated 60% of people simply take the deal offered by their pension provider, even though they are entitled to shop around and make use of the so-called open market option.

State pensions are on the decline and private pensions are under invested in,” added Mr Zutshi. “Yet the performance of property historically provides enough evidence to provide a compelling argument as a means for pension provision. We hope these findings will add to the debate.”

END

simon by canal 

 

Simon Zutshi, Founder of Property Investors Network (pin)

 

 

Notes to Editors

 

Simon Zutshi

Property expert, author, serial entrepreneur, and inspirational speaker

Simon Zutshi is the author of the Amazon best-seller Property Magic, as well as the founder of the Property Investors Network (pin), which has educated and empowered thousands of investors throughout the UK and Ireland.

Simon began investing in property in 1995 and within 6 years he was able to give up his corporate job at Cadbury’s due to to the passive income from his property portfolio. He became financially independent by the age of 32.

Simon has gone on to become a thought leader in his industry. In 2003 he pioneering property networking in the UK when he set up the property investors network, designed to provide a supportive, inspirational and friendly environment to help people become more successful property investors.

The organisation has flourished into Britain’s largest property networking organisation with monthly networking meeting in 41 locations around the UK, attracting thousands of investors to meetings every month.

In 2007 Simon also conceived the Property Mastermind Programme, a 12 month support programme for serious investors which can help anyone to build a £1 million property portfolio and gain a £50,000 income in a year.

Focussing on ethical ways to invest in property, to create additional streams of passive income, it has given hundreds of individuals the ability to help other people whilst building long-term wealth.

A remarkably driven individual, Simon is a much sought after professional speaker, who has a thirst for knowledge involving maximising human potential. As well as talking on property investing, he also speaks on wealth creation, business growth and Internet marketing. He is a member of the Professional Speakers Association (PSA)

In his spare time he relaxes with good films, cooking and fine dining and when getting away from it all enjoys taking to Europe’s ski slopes.

Anyone wishing to interview Simon Zutshi should contact:-

Nolan PR – 01564 822861/07505133302 www.nolanpr.co.uk

 

February 26, 2014   No Comments

Panorama’s House Price Bubble – Full of Hot Air!

Will the Government’s new Help to Buy scheme cause a housing bubble? This was the question posed on last night’s BBC Panorama on prime time TV. [Read more →]

November 12, 2013   6 Comments

No cost property training webinars

The property investors network, no cost, educational webinars are a fantastic way for you to learn about successful property investing from the comfort of your own home or office over the Internet. [Read more →]

October 26, 2013   No Comments

Part time property investor or full time property investor?

I was at a property event yesterday (attending as a delegate) when during one of the breaks, another delegate on our table asked everyone if they were full time or part time property investors? [Read more →]

July 7, 2013   11 Comments

Property investors network National conference

We have just released details of our second property investors network National Conference, which is at Heathrow on Saturday 24th August. This event will be totally different from any other property event you have been to [Read more →]

July 3, 2013   1 Comment

Mortgage Doom & Gloom!

January 10, 2013   14 Comments

Does it matter what your rental property looks like?

Yesterday I was one of the guest speakers invited to be on the property expert panel at The Money Show, discussing if it was a good time to get back into property.

There were some really interesting questions asked including should you buy ex council properties in London. My answer was [Read more →]

November 5, 2012   19 Comments

Lesson from Donald Trump

One of the highlights of this year’s National Achievers Congress (NAC) in London was hearing Donald Trump share his views on Successful property investing. [Read more →]

October 30, 2012   No Comments