Sarah Beeny Autumn 2017 - 199
uy-to-let has been the bread
and butter of British investment
for decades. That all changed
when George Osbourne's tax
changes came into effect in April.
Suddenly a stable passive property
income was not looking so secure. So,
what should investors do?
'Don't panic and don't believe
the hype,' says Fiona Talbot.
'Nineteen years ago, I arrived
in England with a suitcase
and my entire life savings
(£2,000) and have
turned that into a £16
Build Your Property
million property portfolio
using only self-funded
deposits and mortgages.
Two decades in property
has shown me that chaos
creates opportunities. If you
can keep your head when all
around you are losing theirs then
you can make a fortune.'
Fiona's current property portfolio
includes buy-to-let, HMO, serviced
space and a city centre sports bar.
'I've used multiple investment
strategies over the years but they all
come back to a simple fundamental:
buying a building and renting it out.
Whether you rent it by the building
or by the room is a personal choice,
and the fundamentals remain the
same. If you want a passive income
from property then buy-to-let is still
the best way to go.
'If you're just getting started and plan
to build a large portfolio as a pension
then set yourself up as limited
company and start buying the houses
off in estors that are terriﬁed y the
new tax changes. They'll be less price
Director Fiona Talbot
can share vital tips
MAKE SURE A MENTOR HAS THE
EXPERIENCE AND THE SUCCESS TO
BACK UP THEIR PROMISES
sensitive and will welcome someone
who can act quickly.
'If you've already got one or two
buy-to-lets and don't plan to continue
growing your portfolio, then don't worry
about the tax changes. Any changes that
you could make to work your way around
the tax changes will be far more costly.'
Turning chaos into
Fiona herself has
Michelle Mone OBE
How are you able to turn chaos into
opportunities when most people panic?
'I surround myself with a great team
and experienced mentors. Having a
supportive network to help you learn
and grow is critical to your success.'
But she warns: 'Beware of the sharks
out there. Make sure a mentor has
the experience and the success to
back up their promises.'
Fiona helps ambitious investors to
seize the opportunities in the property
with a monthly mastermind. To learn
more about how Fiona can help you
FOR MORE INFORMATION
Call 01353 440575