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Getting Started

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  • Getting Started

    I have about £160,000 in savings, with no mortgage on my 2 bed flat in outer London.

    I'm interested in going into property development in a small way first of all with a local property. My first thought was to go for a studio or 1 bed flat for cash, do a fairly simple renovation and sell it on.

    But I'm wondering if it would be better to try and borrow to finance my purchase. What are the options?

    I'm really just information gathering at this stage, and would appreciate any advice.