A starter glossary for some of the "stuff" that we talk about in property.
Have your calculators ready to follow along as Stuart and Simon discuss and define a number of the basic financial terms that are commonly used in property investment.
The key terms covered in this episode are:
Yield (https://www.patma.co.uk/support/glossary/buy-to-let-yield/) of the "gross" and "net" form.
Mortgage, along with Loan to Value (LTV) (https://www.patma.co.uk/support/glossary/loan-to-value/).
Return on Investment (ROI) (https://www.patma.co.uk/support/glossary/buy-to-let-roi/), or should it be Return on Capital Employed (ROCE)?
Stamp Duty Land Tax (SDLT).
Royal Institution of Chartered Surveyors (RICS) (https://www.rics.org/uk/).
Cash flow.
There's also a slight diversion discussing the property holy grail - a deal with no money left in!
