How To Start Your UK Property Portfolio From Scratch

Just before my first pay arrived, on my very first job, my bank balance read: +£106. 01 That was all the money I had to my name. I owned no assets but I desperately wanted to own a house, a small slice of real estate that I could call mine.

On the plus side, I didn't have a credit card or a store card because no one would give me one. My personal balance sheet had a big fat zero on both sides: no assets, no liabilities. My wage after taxes was £2,128.

With the cost of living in London, it wasn't extraordinary but it would have to be enough. It took about 14 months of aggressive saving to get together enough of a deposit for my first property. That was 2006.

Fast forward 10 years to 2016 and the value of the portfolio stands at £1,825,000. This course summarizes all the fundamental things I learnt to get that first property. Lack of this knowledge has led to many people losing their homes to a bank and seeing everything they've worked so hard for just crumble away.