Judith Wilson’s simple guide to property investment

The number one rule is:

Never use your own money.

Judith pays careful attention to the financial pages, so she can anticipate movements in the interest rate. All her mortgages are fixed rate interest-only.

Judith believes that because there are not enough properties in the UK to meet housing demand, that there is never a wrong time to buy property.

It is important to remember that you are buying property as an investment. What is important to a vendor may be inconsequential to the property investor. Judith feels that it is important to be flexible over the tiny things, such as fixtures and fittings, to secure the sale.

Judith looks to buy houses that people will want to rent, and will increase in capital value. She specialises in 2–3 bedroom houses, as larger houses do not make the same capital gain of smaller houses. Her portfolio contains a ratio of different types of properties, which reflects the demand in the rental market.