The Progressive Property Podcast

Become a part of the Progressive Property refer-a-friend scheme and Earn up to £250 when someone attends one of our events – you can enrol here: https://www.progressiveproperty.co.uk/raf/ We have just witnessed one of the biggest changes to hit property in years, and it's something we've never covered on this channel before. If you're buying, selling, investing, or planning to in the next few years, then this affects you. I'm talking about the new legislation the government has just laid out that affects every house sale in England and Wales.  Right now, around one in three agreed sales collapses before completion. The average sale takes 120 days after the offer is accepted. That's about 60% longer than the same process took back in 2007.  Failed sales cost buyers and sellers £400 million per year. That doesn't just highlight a small inefficiency. That's a completely broken system, and the government's now finally trying to fix it.  So, in this episode, I'll be breaking down the legislation changes and the key points to save you having to work it all out. Make sure you stick around till the end because I'm going to tell you how to get ahead of this before any of it becomes law. This is an extremely important change for anyone in the property market, whether you want to buy or sell.  If you want to take the next step and put what you have learned from this podcast into action, you only need to click here - https://www.wealthbuilders.co.uk/progressive-podcast KEY TAKEAWAYS Currently, around one in three agreed sales in England and Wales collapses before completion. Offers aren’t binding until exchange, creating months of delay, wasted costs and room for either side to walk away or change the price late in the process. Something the government is working to change. The proposed reforms would make searches, property condition, and leasehold costs available when the property is put on the market. When you know how to read and interpret these documents properly you are better able to create and propose profitable deals. You’ll need to be certain that the numbers work because in the future walking away without a valid reason could mean paying a penalty.  Investors who prepare now and develop stronger deal-analysis skills will be able to find  more profitable opportunities under today’s rules whilst also making sure that they are ready for the proposed changes. BEST MOMENTS  "The rules of buying and selling are changing in favour of the educated -  make sure that includes you."  "Each of those things might sound boring on its own, but together they remove the real reason a sale takes 120 days."  "The gap between now and then is the opportunity."  VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey. ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.   CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty https://kevinmcdonnell.co.uk https://www.tiktok.com/@progressiveproperty https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g https://twitter.com/progperty https://www.linkedin.com/company/progressiveproperty https://www.instagram.com/progressiveproperty https://www.facebook.com/groups/progressivepropertycommunity https://www.facebook.com/Progperty This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Become a part of the Progressive Property refer-a-friend scheme and Earn up to £250 when someone attends one of our events – you can enrol here: https://www.progressiveproperty.co.uk/raf/ Right now, the UK government are enforcing a two-tier tax system for its citizens. On the one side, hardworking people are being forced to bleed their wages, are being heavily taxed on their property, and being punished for trying to invest. On the other side, the government are being outsmarted by another group who have learned, understood, and used strategies to keep more of their hard-earned cash to build wealth and financial freedom.  In this episode, I share five legal strategies investors use to make more and keep more. Why it is becoming increasingly dangerous to stay a normal saver, and the mistakes that investors make that cross the line from legal to illegal practices, and how you can avoid doing the same. Before we get into the episode, please remember that this does not constitute financial advice -  these are the principles I adopt as a professional investor, principles that save me 10s of £1000s every single year.  If you want to take the next step and put what you have learned from this podcast into action, you only need to click here - https://www.wealthbuilders.co.uk/progressive-podcast KEY TAKEAWAYS Educating yourself, staying up to date and adapting is essential. Those that simply use the most popular strategies often end up seeing their once highly profitable businesses begin to fail. Owning a rental personally or through a company can lead to different tax outcomes. Section 24 may restrict mortgage-interest relief for individual landlords, while companies have different tax implications. Buying a property-owning company’s shares can mean a different stamp-duty bill from buying its properties, but you also take on the company’s history. Due diligence is essential. Option agreements can secure the right to buy later, but each deal requires careful, professional legal drafting. Remortgaging may release cash without selling, but it remains borrowing. Debt has to be serviced, and higher rates or falling rents can increase leverage risk. BEST MOMENTS "There's a good reason we teach it in a room rather than reading it out in YouTube. Done without the right checks, this strategy can cost you far more than it saves."  "The educated investor asked a different question: How do I use the growth of my property value without selling it?" “I did this very thing with one of my own properties recently and made over £70,000 pounds.” if you want the full education, not just five strategies, but the whole deep dive taught properly, we are currently running a free webinar- MSOPI – Multiple Streams of Income: VALUABLE RESOURCES https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey. ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.    CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty https://kevinmcdonnell.co.uk https://www.tiktok.com/@progressiveproperty https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g https://twitter.com/progperty https://www.linkedin.com/company/progressiveproperty https://www.instagram.com/progressiveproperty https://www.facebook.com/groups/progressivepropertycommunity https://www.facebook.com/Progperty This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Become a part of the Progressive Property refer-a-friend scheme and Earn up to £250 when someone attends one of our events – you can enrol here: https://www.progressiveproperty.co.uk/raf/ HMRC is cracking down harder. They are hiring 1000s more staff and using AI tools and data mining in their investigations, which is catching a lot of property professionals out. Today, Sean deep dives into the subject, so you don't have to. He explains what HMRC¨s new surveillance system is, how it is going to potentially impact your business, and what you can do in your business to survive the onslaught and thrive. If you want to take the next step and put what you have learned from this podcast into action, you only need to click here - https://www.wealthbuilders.co.uk/progressive-podcast KEY TAKEAWAYS HMRC is massively stepping up their game. HMRC´s Connect system scans everything—your property deals, bank moves, whether you drive an expensive car, even your socials. The era of low scrutiny is over. Assume HMRC sees it all. People are getting caught - particularly property investors. Sean shares several eye-watering real-world examples. Audit yourself before HMRC does. Digitize everything and keep your accounts clean. The system already knows, hiding it doesn't make it invisible. It just makes it suspicious, and you'll receive a larger penalty when the Connect system finds out. The smart property professional adapts and keeps growing. They know that tax follows profit and profit follows structure. BEST MOMENTS "HMRC are cracking down even harder on monitoring our income." "(HMRC Connect) can cross-check your income with your lifestyle, your mortgage, your company filings, your personal bank accounts. You can't outsmart it." "Property investors, we're the easiest targets. Why? Because we leave footprints everywhere, every deal, every mortgage, every tenancy. There's nowhere to hide." EPISODE RESOURCES SSAS episode - https://podcasts.apple.com/gb/podcast/how-to-find-new-sources-of-money-for-your-property/id1176574597?i=1000732731927 UK rent prices - https://podcasts.apple.com/gb/podcast/the-harsh-truth-about-uk-rent-prices-in-2025/id1176574597?i=1000725621585 VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Sean Fitzpatrick is a property investor, educator, and the Face of Progressive Property. With a 6-figure portfolio and expertise in creative strategies, finance, and off-market deals, Sean shares success stories from the Progressive Property community, expert insights, and real-world strategies to help investors succeed. Tune in for practical tips and no-nonsense advice to accelerate your property journey. ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom. CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progperty This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/ Learn more about your ad choices. Visit megaphone.fm/adchoices