Mark has been investing in property for 15-20 years, approaching the 100 mark in terms of deals made and has a 70 million equity stake in various portfolios. One of the questions he repeatedly gets asked, is whether it is worth using additional cash to pay of your mortgage or if it is better to invest it elsewhere. Listen in to this episode to hear his thoughts and answers to this common question.  

KEY TAKEAWAYS 
If you are even slightly disciplined you should not pay your mortgage off. If you are worried about interest rates then look at fixed rate mortgages.
If you can invest your cash somewhere else, you will earn more back on that lump sum than you will be paying in interest on your mortgage.
Property is still by far the best investment opportunity particularly in terms of lending from banks; they will always give you a great interest rate on anything you borrow. 



BEST MOMENTS 

“Why would you want to pay of your mortgage if you can get consistently good returns by investing in your isa and getting much much higher investment returns”



“You’ve got to make your money work for you, no one else will look after your money like you do”



VALUABLE RESOURCES 

https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/



ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD



Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

Mark has been investing in property for 15-20 years, approaching the 100 mark in terms of deals made and has a 70 million equity stake in various portfolios. One of the questions he repeatedly gets asked, is whether it is worth using additional cash to pay of your mortgage or if it is better to invest it elsewhere. Listen in to this episode to hear his thoughts and answers to this common question.  
KEY TAKEAWAYS 
<ul>
<li>If you are even slightly disciplined you should not pay your mortgage off. If you are worried about interest rates then look at fixed rate mortgages.</li>
<li>If you can invest your cash somewhere else, you will earn more back on that lump sum than you will be paying in interest on your mortgage.</li>
<li>Property is still by far the best investment opportunity particularly in terms of lending from banks; they will always give you a great interest rate on anything you borrow. </li>
</ul>
BEST MOMENTS 
“Why would you want to pay of your mortgage if you can get consistently good returns by investing in your isa and getting much much higher investment returns”
 
“You’ve got to make your money work for you, no one else will look after your money like you do”
 
VALUABLE RESOURCES 
<a href="https://www.youtube.com/user/progressiveproperty">https://www.youtube.com/user/progressiveproperty</a> <a href="https://www.progressiveproperty.co.uk/the-progressive-co-founders/">https://www.progressiveproperty.co.uk/the-progressive-co-founders/</a>
 
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
CONTACT METHOD
 
Email: Markhomer@progressiveproperty.co.uk
LinkedIn: <a href="https://www.linkedin.com/in/markhomer1">https://www.linkedin.com/in/markhomer1</a>
Facebook: <a href="https://www.facebook.com/markprogressive">https://www.facebook.com/markprogressive</a>
Twitter: <a href="https://twitter.com/markprogressive">https://twitter.com/markprogressive</a>

Investing, business, finance &economics - Mark Homer has the experience to help you with many of your questions & challenges. Mark My Words is a successful, eccentric & introverted businessman’s experience of 20 years with no waffle, ads, bravado or big pitches. Mark will interview the worlds most successful business, finance & money experts as well as impart his knowledge in a factual, direct manner. Mark runs & owns multiple businesses & property portfolios so teaches you what he does on a daily basis. A contrarian investor & capitalist, Mark will help you raise more finance, make more money & grow your business empire.

Mark My Words Podcast

Mark My Words

REVISTED: Why You Should NEVER Pay off Your Mortgage Early

Join Mark as he gives an overview of the current news stories around property including the growth of the construction industry and his take on the favourability of first time buyers and what targets we should instead be focusing on. Mark also talks about the current rent crisis and the impact of the cost of living on landlords, investors and tenants.  


KEY TAKEAWAYS
Historically, first time buyers keep the market moving and triggered economic growth but the favourability towards them with schemes such as help to buy have been detrimental in many ways too.
The cost of construction has gone up by around a third, and this has created redundancies and collapses in the industry.
Rent rises have surged post-covid and during this current cost of living crisis but Mark is seeing indications of this now slowing as demand is starting to reduce.
Airbnb and other serviced accommodation providers have had a direct impact on housing stock. Some controls are beginning to be introduced but it’s important that these also incentivise traditional landlords to create choice and keep prices moderate.
Building on brownfield sites is a key factor in meeting any kind of house-building targets but it’s also important that the targets are focused around the right types of properties in the right areas.



BEST MOMENTS

"For decades there's been the assumption that first-time buyers prop the market up”

“First time buyers have become older”

“Construction industry whilst not mended is probably on the way to being mended after a difficult period”

“2020 was probably coming right to end to the previous cycle”

“We should be focused on the types of properties being built in the right areas”

VALUABLE RESOURCES

https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

Join Mark as he gives an overview of the current news stories around property including the growth of the construction industry and his take on the favourability of first time buyers and what targets we should instead be focusing on. Mark also talks about the current rent crisis and the impact of the cost of living on landlords, investors and tenants.  
 KEY TAKEAWAYS
<ul>
<li>Historically, first time buyers keep the market moving and triggered economic growth but the favourability towards them with schemes such as help to buy have been detrimental in many ways too.</li>
<li>The cost of construction has gone up by around a third, and this has created redundancies and collapses in the industry.</li>
<li>Rent rises have surged post-covid and during this current cost of living crisis but Mark is seeing indications of this now slowing as demand is starting to reduce.</li>
<li>Airbnb and other serviced accommodation providers have had a direct impact on housing stock. Some controls are beginning to be introduced but it’s important that these also incentivise traditional landlords to create choice and keep prices moderate.</li>
<li>Building on brownfield sites is a key factor in meeting any kind of house-building targets but it’s also important that the targets are focused around the right types of properties in the right areas.</li>
</ul>
 
BEST MOMENTS   "For decades there's been the assumption that first-time buyers prop the market up”
“First time buyers have become older”
“Construction industry whilst not mended is probably on the way to being mended after a difficult period”
“2020 was probably coming right to end to the previous cycle”
“We should be focused on the types of properties being built in the right areas”
VALUABLE RESOURCES 
<a href="https://www.youtube.com/user/progressiveproperty">https://www.youtube.com/user/progressiveproperty</a> <a href="https://www.progressiveproperty.co.uk/the-progressive-co-founders/">https://www.progressiveproperty.co.uk/the-progressive-co-founders/</a>
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
CONTACT METHOD
Email: Markhomer@progressiveproperty.co.uk
LinkedIn: <a href="https://www.linkedin.com/in/markhomer1">https://www.linkedin.com/in/markhomer1</a>
Facebook: <a href="https://www.facebook.com/markprogressive">https://www.facebook.com/markprogressive</a>
Twitter: <a href="https://twitter.com/markprogressive">https://twitter.com/markprogressive</a>

Property Perspectives | Stop Focusing on First Time Buyers

Mark gives an overview of the current news stories around property including new legislation and the recent budget. Mark also talks about the many changes around serviced accommodation, current house prices and gives his thoughts and opinions on why other markets aren’t investing in the UK.


KEY TAKEAWAYS
When governments reduce taxes, they generally find they receive more tax as people spend more in the economy.
Other markets aren’t investing in the UK as they don’t see our companies as efficient of innovative.
There are big changes happening in serviced accommodation, you will no longer be able to claim capital allowances on SA and much more planning will be needed for new serviced accommodation.
There have been more changes in the property market since Christmas with some areas seeing 10-15% drops.
It’s a fine balance between legislation to help renters and pushing landlords too far, reducing the rent stock further and making the problem worse.



BEST MOMENTS

"As you reduce tax rates, often the amount of tax you take increases”

“The markets see our companies as nowhere near efficient”

“You’re not going to be able to claim capital allowances on serviced accommodation”

“Inflation is now at about 4%, we need 2%, we were and 10%”

“Renters reform bill is on the brink of collapse”

"It pushes rent up"

VALUABLE RESOURCES

https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

Mark gives an overview of the current news stories around property including new legislation and the recent budget. Mark also talks about the many changes around serviced accommodation, current house prices and gives his thoughts and opinions on why other markets aren’t investing in the UK.
 KEY TAKEAWAYS
<ul>
<li>When governments reduce taxes, they generally find they receive more tax as people spend more in the economy.</li>
<li>Other markets aren’t investing in the UK as they don’t see our companies as efficient of innovative.</li>
<li>There are big changes happening in serviced accommodation, you will no longer be able to claim capital allowances on SA and much more planning will be needed for new serviced accommodation.</li>
<li>There have been more changes in the property market since Christmas with some areas seeing 10-15% drops.</li>
<li>It’s a fine balance between legislation to help renters and pushing landlords too far, reducing the rent stock further and making the problem worse.</li>
</ul>
 
BEST MOMENTS   "As you reduce tax rates, often the amount of tax you take increases”
“The markets see our companies as nowhere near efficient”
“You’re not going to be able to claim capital allowances on serviced accommodation” 
“Inflation is now at about 4%, we need 2%, we were and 10%”
“Renters reform bill is on the brink of collapse”
"It pushes rent up"
VALUABLE RESOURCES 
<a href="https://www.youtube.com/user/progressiveproperty">https://www.youtube.com/user/progressiveproperty</a> <a href="https://www.progressiveproperty.co.uk/the-progressive-co-founders/">https://www.progressiveproperty.co.uk/the-progressive-co-founders/</a>
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
CONTACT METHOD
Email: Markhomer@progressiveproperty.co.uk
LinkedIn: <a href="https://www.linkedin.com/in/markhomer1">https://www.linkedin.com/in/markhomer1</a>
Facebook: <a href="https://www.facebook.com/markprogressive">https://www.facebook.com/markprogressive</a>
Twitter: <a href="https://twitter.com/markprogressive">https://twitter.com/markprogressive</a>

What Does The Budget mean for Property Investors? Budget & News Update

Mark Homer reflects on his 20-year journey to becoming a multi-million-pound property CEO. Hear how he started with naive investments abroad, learned difficult lessons, and shifted his strategy to focus on local houses with strong cashflows. Mark explains his role as a "conductor" in assembling teams for each project, shares current real estate trends, and advises aspiring investors. 

KEY TAKEAWAYS
Focus on cash flow over capital growth for stable returns and safety during market downturns
Assemble specialists for each project rather than maintaining large in-house teams
Leverage permitted development rights to convert low-value buildings into prime real estate
Retail properties are undervalued currently due to the rise of e-commerce
Large-scale PRS apartment blocks are an emerging institutional investment class
Keep debt below 50% of asset values over the long term for sustainable growth

BEST MOMENTS

"So lots of investors are having to offload because of section 24."

“I watched them make loads of money in a very short space of time. At the time, I had a friend who maybe bought something like 97, and within two or three years he’d made about 60 grand’s worth of equity."

"I made a very, very poor investment. So I learned very, very quickly not to trust those who have a vested interest in selling me the property and to go out and do genuinely independent research to find out what something will actually rent for."

"When I started in this sector, I was very much focused on capital growth. Capital growth is sexier to a lot of people. That’s probably, in reality, truthfully, where you make most of your money over the long run."

"I also noticed on a much bigger scale that the wealthiest people in the country seemed to have made or had seemed to have invested their money into property. If you have a look down the rich list, the Sunday Times rich list that comes out every year, a lot of those were making their money from property."

VALUABLE RESOURCES

https://www.youtube.com/user/progressivepropertyhttps://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

Mark Homer reflects on his 20-year journey to becoming a multi-million-pound property CEO. Hear how he started with naive investments abroad, learned difficult lessons, and shifted his strategy to focus on local houses with strong cashflows. Mark explains his role as a "conductor" in assembling teams for each project, shares current real estate trends, and advises aspiring investors.  KEY TAKEAWAYS
<ul>
<li>Focus on cash flow over capital growth for stable returns and safety during market downturns</li>
<li>Assemble specialists for each project rather than maintaining large in-house teams</li>
<li>Leverage permitted development rights to convert low-value buildings into prime real estate</li>
<li>Retail properties are undervalued currently due to the rise of e-commerce</li>
<li>Large-scale PRS apartment blocks are an emerging institutional investment class</li>
<li>Keep debt below 50% of asset values over the long term for sustainable growth</li>
</ul>
BEST MOMENTS  
"So lots of investors are having to offload because of section 24."
“I watched them make loads of money in a very short space of time. At the time, I had a friend who maybe bought something like 97, and within two or three years he’d made about 60 grand’s worth of equity."
"I made a very, very poor investment. So I learned very, very quickly not to trust those who have a vested interest in selling me the property and to go out and do genuinely independent research to find out what something will actually rent for."
"When I started in this sector, I was very much focused on capital growth. Capital growth is sexier to a lot of people. That’s probably, in reality, truthfully, where you make most of your money over the long run."
"I also noticed on a much bigger scale that the wealthiest people in the country seemed to have made or had seemed to have invested their money into property. If you have a look down the rich list, the Sunday Times rich list that comes out every year, a lot of those were making their money from property."
VALUABLE RESOURCES 
<a href="https://www.youtube.com/user/progressiveproperty">https://www.youtube.com/user/progressiveproperty</a> <a href="https://www.progressiveproperty.co.uk/the-progressive-co-founders/">https://www.progressiveproperty.co.uk/the-progressive-co-founders/</a>
ABOUT THE HOST
Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.
CONTACT METHOD
Email: Markhomer@progressiveproperty.co.uk
LinkedIn: <a href="https://www.linkedin.com/in/markhomer1">https://www.linkedin.com/in/markhomer1</a>
Facebook: <a href="https://www.facebook.com/markprogressive">https://www.facebook.com/markprogressive</a>
Twitter: <a href="https://twitter.com/markprogressive">https://twitter.com/markprogressive</a>

REVISTED: Why You Should NEVER Pay off Your Mortgage Early

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