UK Banks causing a double dip?

The Banks were technically bankrupt a couple of years ago but got bailed out by us. Now they want as much cash in as possible, despite the cost to businesses and the economy.

Unfortunately the Banks are not run by people but systems and organic robots – they are only interested in their bottom line and do not care about the economy, taxpayers, you or me.

The dip is coming, not good news for people with equity to lose or poor cash flow – but an opportunity for investors to stock up on houses!

See Simon Zutshi’s article below and join his Mastermind Programme to stay ahead of the pack.



Check out Simon Zutshi’s Property Mastermind Programme

Simon Zutshi is giving away a full scholarship on his next Property Mastermind Programme starting in October 2010.

This is an incredible 12 month Programme that will teach you how to be a professional investor with the objective of buying £1m in property and giving your £50k in the bank in 12 months.

For details of how you could be the lucky person to receive this incredible opportunity, you need to register your interest on the Property Mastermind Scholarship “Pre announcement list” by Clicking Here
Property Mastermind Programme

Note: This offer is for Serious UK investors Only!

Are the UK Banks causing a second dip?

by Simon Zutshi

“There is a lot of talk in the media at the moment of the possibility of a second dip in the UK housing market. There is a good chance that there could be a second dip particularly when the banks release all of the repossessed property that they are currently holding, into the market. When the supply increases then house prices could fall further, if the demand is not sufficient to soak up the extra supply.

However, I would argue that the demand is there. The two groups who stimulate the market are investors and first time buyers. Investors realise that properties stack up well at the moment, far better than they have for a few years. If you are investing for the long term it does not matter if prices fall in the short term, as long as you can afford to hold by ensuring you buy in an area with strong rental demand and positive cash flow each month after all the expenses. First time buyers are also keen to get on the ladder before prices go up although many of them are uncertain about what the future holds due to all the scare mongering in the press.

The main problem lies with the UK banks and their lending policy. Understandably they have learnt their lesson and I am sure will now lend more responsibly than in the past, which has got to be a good thing. However, for the UK market to recover the lending availability has to improve. The banks are already being cautious by restricting their lending on Buy to Lets to 75% Loan to Value so they have plenty of buffer in case prices fall.

They are also being careful of whom they lend to although I would question the logic behind some of their decisions. The Lloyds TSB banking group now owned by the government (or rather the tax payer) restrict the number of mortgage across its brands to a maximum of nine. Most experienced investors, with a reasonable sized portfolio, would exceed this limit and so would not be able to get further mortgages for any lender in the group including; Birmingham Midshires, Halifax, Lloyds and C&G. Ironically these banks seem to be happy to lend to a complete novice investor, with absolutely no experience and so someone far more likely to make mistakes than an experienced investor to whom they will not lend. It does not really make sense.

But the real problem is that the banks are instructing surveyors to down value properties in their surveys. Most surveyors would say that a property is worth what someone is prepared to pay for it. However, this wide spread policy of down valuing property ignores the fact that there are buyers prepared to pay the agreed price. When the property is down valued the mortgage offer is adjusted down and often not sufficient enough for the buyer to afford the property, so the sale falls through. The surveyors are under pressure from the banks and they don’t want to be sued for getting it wrong.

Willing buyers are not able to make the purchase they want and so the market stagnates as people get stuck in chains and the net effect is less sales. Less sales will lead to a fall in prices and a general down valuing of the market. Thus the second dip that the press seem determined to talk us into.

This is bad news for everyone, including the banks who will have even less security and equity on their existing lending. With many people potentially in negative equity unable to afford to move, the market will stagnate further and take even longer to recover. Again bad news for everyone.

If we are not careful we will get to the point where no one can sell or buy and the only solution will be to do every property transaction as an option. I am convinced purchase lease options will become far more common place over the next few years.

What we need is some positivity in the press to encourage first time buyers to stimulate the market and general easing of lending criteria so that more people can access the funds to buy the property they want to purchase. And ideally an end to this policy of Banks telling surveyors to down value property.

Come on UK Banks….sort it out. As owners of many of the banks, the new government should wake up, smell the coffee and realise what is going on. Unless something changes I predict that the UK Banks will cause a second dip in the UK house market.”

Simon Zutshi, – Founder of Property Investors Network

How do I host three events in March?

I don’t know how I got into the event’s industry, find the time to organise/promote them or even where I get the energy to be there and help out – but I do know that I am passionate about all the topics being discussed, meeting people AND Making a Difference in a BIG way.

Here’s two fantastic tips for you:  
Find what you really love doing, enjoy talking about and watch work become play 😉
And TEAM: Together Everyone Achieves Miracles!

Events are for property investment, internet marketing and youth coaching.  Please come along and check them out if you are interested and in Huddersfield, Leeds or London on the following dates.

Speakers and hosts are Steve Foley, John Lee, Vincent Wong, Amanda Brown, Dwayne Kerr, Harry Singha, Michelle Cairns, Rachel Leigh, Michelle Pyman, Emmy Yeadon.

All the best,

Northern Property Network – THURSDAY 4th March 2010
with John Lee, Vincent Wong and Amanda Brown
Date: Thursday, 04 March 2010Time: 18:30 – 22:30
Location: George Hotel
St Georges Square,
Huddersfield, HD1 6JA
Hosts: Bobby Gill and Steve Foley

To find out more and to book a place, register here:

March guest speakers are:

Vincent Wong and John Lee
This March we have Wealth Dragons and good friends John Lee and Vincent Wong coming to speak to us about a great new way of investing using Lease Options.
Property millionaires and authors of the first book on Lease Options in the UK, they say you too can become financially secure within 12 months. The secret lies in knowing what strategy to use in any market conditions. If you can afford to buy a TV, you can afford to buy a house and build a multi-million pound portfolio.

Amanda Brown
Also Amanda Brown from PDS – Planning and Development Solutions. Amanda is an Accredited Landlord and has a portfolio of 4-6 bed houses in Leeds that she multi-lets. She will be speaking regarding the proposed changes to the class system with regards to HMO’s (Houses of Multiple Occupancy), and how to reduce your risk now and in considering the purchase of further properties for rent.
PDS also advise landlords on conversion to flats, HMOs, bedsits regarding enforcement / applications / appeals and making the best of their portfolios.

To find out more and to book a place, register here:

‘Social’ Internet Mastermind – Tuesday 9th March
Networking event with Social Media Q&A session
Date: Tuesday, 09 March 2010Time: 18:30 – 22:00
Location: Pitcher and Piano
200 Bishopsgate,
London, EC2M 4NR
Nearest Tube: Liverpool Street
Hosts: Dwayne Kerr and Bobby Gill

“Who Else Wants To Meet Successful Internet Expert Make Money Online”

– Internet Business Mastermind Networking Event –

Success with the internet is not easy.

For YOU to become a successful full-time internet marketers you must set aside TIME to associate with other successful internet marketers.

You’ll have the chance to question each of our Internet Experts when you attend one of our regular internet networking events held across the country.

Register at this link to attend:

At This Special Social Networking Event you’ll get a chance to network in a relaxed atmosphere AND…

* A special “How To” nuts and bolts Q & A ask the experts session on using Social Media success strategies.
* You’ll get to rub shoulders with active “UK BASED” internet marketers.
* The chance to share your business ideas with real people who will know how to take it forward.
* Pick up useful tips that could show you the difference between an online success and an online miss.
* Get access to a wide range of JV partners in many online niches.
* Plus much more…

Register here to attend:

Youth Coaching Skills Programme in Leeds – – Friday 26th March
Presented by Youth Coaching Academy’s Harry Singha – A special day for young people, teachers, parents and coaches.

Date: Friday, 26 March 2010
Time: 09:30 – 17:00
Location: Leeds – TBC
Michelle Cairns
Bobby Gill
Rachel Leigh
Michelle Pyman
Emmy Yeadon



The Academy’s Highly Acclaimed One Day Version of The Essential Youth Coaching Skills Programme For FREE!!

That’s Right,You Can Attend This Programme Delivered By Harry Singha Himself, As Our Guest!

The Event is sponsored by a group of Individuals from around the Leeds area. The course retails at £150 per person and we are delighted to announce that we are sponsoring this event. So you get the training and workbooks for FREE and all we ask is you pay £10 to cover the cost of the venue.

We are teachers, parents, youth coaches and local entrepreneurs with one thing in common: We are really passionate about young people and personal development!
If you wish to Increase your confidence and competence to inspire young people to shine even more then this is for YOU

Would you like to improve your existing skill set in relation to:

* Helping young people to learn better
* Communication and engagement with the ‘hard to engage’
* Managing your own state and supporting others to do so

Plus would you like to have simple yet practical tools to use immediately to help others to:

a) Identify what they really want; and then
b) Identify exactly where they are now; and then
c) Create a workable plan to get there!

Register your details here to book and for updates:

Have you heard of life coaching and wondered why it seems only available to celebrities and executives and in the main to adults?

That’s the exact question Harry asked himslef when became one of the UK’s first accredited Life Coaches in 1999, when he commited to a mission of making Life coaching more accessible for young people around the world, by training young people and those who care fro them to become coaches!

Fact there are tens of thousands of trained coaches in the UK now and the research and evidence of its effectiveness is mounting. The DFES and the National College for School Leadership are all acknowledging and promoting the use of coaching within education establishments.

Register your details here to book and for updates:

Simply put coaching is a powerful relationship for supporting an individual/group to bring out the best in themselves.

We are passionate about supporting the personal development of young people in the North of England and beyond.

In our commitment to the above we are delighted to announce the realisation of one of our objectives bringing Harry Singha, Chairman of the International Youth Coaching Academy, the pioneers of Youth Coaching.

Here’s what you will get from The Youth Coaching Academy’s One Day Essential Youth Coaching Skills course:

o Introduction to youth coaching
o How to avoid Learning challenges and a way to support anyone to learn anything
o Emotional resilience – how to change from an undesired to desired state
o How to communicate and engage with the ‘hard to engage’
o Advanced rapport building skills
o Effective Listening and Questioning skills
o How to use a universal coaching model to support anyone to identify a Goal and then identify where they are in relation to it and then take some steps to move towards it.
o How to take any issue and end up with an action and a celebration for dealing with it.

The course offers all participants practical skills to be able to use immediately and confidently.

Register your details here to book and for updates:

Property Investment Strategies for 2009!

Forget Everything You Thought You Knew about Buy-to-Let Property Investment

* Banking sector nationalised
* 60% Plunge in house sale
* Transactions grind to a halt
* Headlines Screaming 35% Fall in Valuations

It’s Time To Face The New Reality of Buy-to-Let Property
Especially The Holy Grail of Investments – HMO’s (Houses in Multiple Occupancy)
Best Time Ever to Purchase Property – But How To Finance?
How To Convert Non-Performing Buy-To-Let Properties
How to Bypass Hype, B.S. & Economic Uncertainty
How To Ride The Storm & Learn Expert Strategies & Solutions
and Much Much More..

At the B2L-HMO Summit The UK’s top Buy-to-Let experts were asked NOT to give their usual talk. All experts responded brilliantly giving their strategies for 2009.

So what exactly did Simon Zutshi, Rob Moore, Jim Haliburton, Ranjan Bhattacharya, Glenn Armstrong, Vanish Patel, TV’s Secret Millionaire – Caroline Marsh, TV’s To Buy or Not to Buy – Sarah Walker, Barry Danser, John Lee & Dr David Kyte have to say?

This special 10 DVD set filmed Live in London is the equivalent to attending a year of networking meetings.

Check it out now: Buy To Let / HMO 10 DVD Set

Stay Ahead – Get your 2009 Buy-To-Let property strategy in place – Now!

This DVD set will give you new Strategies for 2009. You need to get your hands on this info if you’re anyway involved in property, novice investor or seasoned pro. Buy To Let / HMO 10 DVD Set

# Jim Haliburton – 500 HMO Tenants, Now That Is Multiple Income Streams
# Rob Moore -How To Make Cash In A Property Crash
# Glenn Armstrong -200 Houses Using Other Peoples Money
# Caroline Marsh – TV’s Secret Millionaire
# Sarah Walker – TV’s To Buy Or Not To Buy
# Vanish Patel – Statistic Analysis & Reasoned Strategies For 2009
# John Lee – even More Below Market Value Using NLP
# Simon Zutshi – Fresh From Property Magic With New Tricks For 2009
# Barry Danser
# Ranjan Bhattacharya

A Must-Have DVD Set For Both Novices & Expert Property Entrepreneurs.
Get it here now: Buy To Let / HMO 10 DVD Set

Red-hot Strategies for 2009!

Buy-To-Let / HMO property DVD’s
With brand new info and 10 TOP Property Experts