The Complete Guide To Property Finance

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Free: The complete guide to property finance.

In the property development course universe we call the world of personal finance ‘property finance’. This is because in our view, good personal finance leads to you buying property.

We teach you for free how to sort your finances out so you can obtain finance to grow your property and real estate wealth.

This is a VERY detailed guide to property finance.  The aim of the property development course is to help empower people to get involved in property including property finance.

Society is currently failing to build hundreds of thousands of badly new houses each year so there is plenty of room for everyone to build property and grow their wealth.

This guide is meaty and will only get more detailed. If you want a taster of this guide go here for a less than 5 minutes summary of this guide which is designed to give you a quick overview.

If you want to change your personal finances and grow your wealth using property and real estate then start here.

No one will do this for you.

What is property finance ?

If you want to build your net worth and benefit your local community you need to be able obtain finance.

And you will not be able to find finance if you do not reach the minimum requirements.

We show you how to build your finances so that you can obtain the finance you need to implement your property development and/or property investment portfolio.

Even if you are a billionaire with 500 million of lovely bank notes in the bank we would still advise you to borrow money to invest in property development and property investment.


Well its simple really when you think about it.

If you have 100 million in the bank and do not use finance you can only invest 100 million.

If you use finance you can invest a multiple of that amount so maybe 300 million.

Using finance to ‘leverage’ your existing finance situation can make you much richer much faster.

Who is this guide for?

This guide is for people who want to clean up their finances, and start saving money for a first mortgage. It is perfect for people who have low incomes or are overspending.

Symptoms are low savings, credit card or overdraft debts, personal loans etc. If this sounds like you then read on now – start changing your life for free today.

These people will learn how to organise their existing finances before creating a wealth plan that will include getting get debt free, getting their first mortgage and buying their first investment property.

This guide is suitable for:
  • Teenagers
  • University students
  • University graduates
  • Employees with no property
  • Self employed with no property
  • Unemployed
  • People with poor credit
  • People who own a property or more but struggle with cash

In this guide we are going to talk about:
  • Bank accounts
  • Overdrafts
  • Credit Cards
  • Credit ratings
  • Money earning
  • Money saving
  • Leverage (positive or good debt)

We are not going to talk about property development or property investment. They are dealt with in separate parts of the website.

Again, this part of the website is all about putting your finances into the best possible shape so you can obtain finance for property development and property finance.

What will you learn to do ?

This guide will help you:

  • identify bad money habits
  • stop spending money
  • make more money
  • save more money
  • clear existing bad debts
  • improve your credit rating
  • save for a mortgage deposit

Lets begin

Setting up a Bank account. This should be done ASAP. Get a bank account as soon as you can even if you are under eighteen.

Once you are eighteen get the bank account upgraded to a current account with an overdraft and build towards obtaining a credit card.

(it is important to note we are only promoting you get an overdraft and credit card so you can NOT use it irresponsibly – this proves to your bank you are responsible financially and helps build your credit rating).

Anyone can get a bank account. Sometimes if you have been declared previously a bank will deny you a bank account but there are many banks that will still provide you with an account.

Walk into any high street bank and open an account.

You will need a copy of your Id, proof of address etc

Typically, you will receive a bank card and the login details to manage your account online.

Go to the full guide for setting up a bank account


An overdraft is simply a facility that the bank sets-up which allows your bank account to slip into negative.

It is useful if you have a bill coming out on direct debit and there is no money in your bank account. It prevents the bill not being paid.

But the bank do not provide you with an overdraft for fun -they make serious money on overdrafts.

They are meant to be a very short-term loan, if constantly using overdrafts you will be massively overspending compared to a longer term personal loan.

You will need to be with your bank for several months before you become eligible for an overdraft.

We recommend you obtain an overdraft but do not use it.

By having an overdraft facility you are proving that you can be given credit without going crazy and spending it.

Credit Cards

You will need to be with your bank for at least seven months before you become eligible for a credit card.

To obtain a credit card simply apply for one on your banks website.

How to get a credit card limit increase ?

It is important to use your credit card to increase the credit available to you. The trick here is not to use it to buy things you do not need but use it when you are spending money you would already have used anyway -so pay for your weekly groceries, electricity bill, gas bill, phone bill etc. As you spend more on the card and pay it back every month the bank will trust you more and more. They will give you bigger and bigger credit limits.

Credit ratings

Before you apply for a credit card, overdraft, car loan, personal loan, mortgage etc your bank will check your credit rating.

If you have a bad credit rating you will most likely be denied finance.

What is a credit rating ?

How to improve my credit rating ?

Money earning

It sounds simple but you need to earn more money.

If you are an employee you need to increase your wage.

If you are self employed you need to win more Clients and increase your profits.

There are other ways of making money including

Money saving

Again this sounds obvious but you need to save more money.

Saving money is easy if you just commit to stop spending money on non essential items such as cigarettes, coffees, drugs, chocolates, sweets etc etc. If you are reading this and saying ‘O but they are essential’ then chances you are broke and sorry to say fat.

What is saving for ?


Leverage (positive or good debt)

The whole point of this property finance section is to whip you into shape so that you are very attractive to banks to lend to.

Then you can borrow from the banks to rent out properties or to flip them. This is good debt because you are borrowing money so you can make money- not borrowing money so you can spend on something with no financial return.

How to make your banks love you


This website is about property development and property investment as a means of growing your wealth.

There are other ways of growing wealth including

Protection of your money

If you have large amounts of cash you need to be aware that only a certain threshold is safe in the bank.

So if the bank goes bust the Government will only refund you so much of your savings.

How much of your money is safe in the bank?

It is important to protect your personal finances from the breakdown of a relationship

Pre-nuptial agreements

Renting a property

Once you start a job or university you will most likely be renting a place.

In a perfect world you could start a job straight out of high school, stay in your parents house for a few years while you save cash and then get a mortgage for your own property.

But most people want to move out straight away so they can have their independence or because they are going to University.

Anyway, we feel its important that you know how to rent a property so you do not get taken advantage of by more experienced people.

Here is our ultimate guide to renting a property – updating 29th and 30th October.

Next step

How do you know when you have sorted your finances to a point where property development and investment suits you?

You are ready when you have completed the following:

  • Opened a bank account
  • Achieved a maximum overdraft – so the bank trusts you to give you their maximum overdraft figure
  • Obtained a credit card and have a high credit limit
  • You have a high credit rating
  • Every month you receive a regular, consistent income
  • Each month you save money
  • You have a large deposit saved ready for a mortgage
  • You have somewhere to live, either by renting your own place or staying with family

Once you have got to this point your bank will be contacting regarding ‘would you like to try for a mortgage with us?’


We recommend you move into property investment now. We advise people to buy their first house first with the idea being to improve it over a year or two so that you have built equity in it. Then you can apply for a buy to let mortgage. And then you can move into property development.

You could of course move in property development first but we recommend building up a reasonable property portfolio first.

We have a free guide to property development here

Charlie Standen
Charlie Standen
Charlie started out as a quantity surveyor and project manager before moving into property development and property investment. He also enjoys all aspects of writing, videography, and new media. He writes content for the property development course on property development, property investment, and property finance.