The popularity of home buying shows has led to a boom in property development as a means of investing.
These shows provide examples of just some of the possible outcomes when buying a property to develop and sell on and often don't give you the full picture.
If you're considering investing your money into property rather than savings and investments then it's important that you understand how the risks can sometimes outweigh the benefits. We examine the pros and cons of property development below:
Although there are more cons than pros listed above, it all comes down to your personal circumstances. If you walk the path of a property developer then it's best to be prepared for both the good and the bad.
If you still aren't' sure whether you should invest properties, you should read our guide Do You Have What It Takes To Be A Property Developer?
Whether you are looking to move up the property ladder, downsize or just relocate we can help you find the right mortgage when you move home.
TV shows make property development look ridiculously easy and a sure-fire way to make money, but what does it really involve and is it for you?Read More