Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

New build property investment in North

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
Mike4
Lemon Half
Posts: 7084
Joined: November 24th, 2016, 3:29 am
Has thanked: 1637 times
Been thanked: 3792 times

Re: New build property investment in North

#408907

Postby Mike4 » May 3rd, 2021, 9:33 am

scrumpyjack wrote:It all really screams don't touch with a bargepole. Personally I think you would be far better advised to buy some Persimmon shares where the yield is not far short of 8% (but that is not investment advice!)


You just verbalised what I was thinking! Like they say about the gold rush, making picks and shovels made more reliable money than actually digging for gold.

So now the OP has been answered, may I drag the thread off at a tangent? How does one buy an individual share such as a house builder? I'm as naïve about this as the OP was about direct property investment. I have an ISA account with Vanguard with none of this year's ISA allowance used yet. Can I use that?

scrumpyjack
Lemon Quarter
Posts: 4812
Joined: November 4th, 2016, 10:15 am
Has thanked: 606 times
Been thanked: 2675 times

Re: New build property investment in North

#408912

Postby scrumpyjack » May 3rd, 2021, 9:38 am

Mike4 wrote:
scrumpyjack wrote:It all really screams don't touch with a bargepole. Personally I think you would be far better advised to buy some Persimmon shares where the yield is not far short of 8% (but that is not investment advice!)


You just verbalised what I was thinking! Like they say about the gold rush, making picks and shovels made more reliable money than actually digging for gold.

So now the OP has been answered, may I drag the thread off at a tangent? How does one buy an individual share such as a house builder? I'm as naïve about this as the OP was about direct property investment. I have an ISA account with Vanguard with none of this year's ISA allowance used yet. Can I use that?


I think Vanguard only let you buy their own ETFs etc. But you can open an account with any of the online brokers, open an ISA with them, pay in the cash and buy whatever shares you want. If you have already opened a 21/22 ISA since 6 April with Vanguard, you cannot, I think, open another ISA elsewhere in the same tax year.

AsleepInYorkshire
Lemon Half
Posts: 7383
Joined: February 7th, 2017, 9:36 pm
Has thanked: 10514 times
Been thanked: 4659 times

Re: New build property investment in North

#408913

Postby AsleepInYorkshire » May 3rd, 2021, 9:39 am

Mike4 wrote:
scrumpyjack wrote:It all really screams don't touch with a bargepole. Personally I think you would be far better advised to buy some Persimmon shares where the yield is not far short of 8% (but that is not investment advice!)


You just verbalised what I was thinking! Like they say about the gold rush, making picks and shovels made more reliable money than actually digging for gold.

So now the OP has been answered, may I drag the thread off at a tangent? How does one buy an individual share such as a house builder? I'm as naïve about this as the OP was about direct property investment. I have an ISA account with Vanguard with none of this year's ISA allowance used yet. Can I use that?

Can I suggest you start another thread please? I would be happy to offer numbers which may be of support. May I ask are you considering purchasing house builders or buy to rent stocks?

AiY


Return to “Property Investment Discussions”

Who is online

Users browsing this forum: No registered users and 9 guests