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Choosing a property mentor or education company – Do your homework

If you looking to pay for property education then hours in front of a computer could potentially save you thousands.

Education- we never stop learning but with any subject sometimes we want a head start. So you want to learn about flipping, development finance, HMOs etc. Where do you go? Firstly don’t part with any money until you have done extensive research. This includes:

  • Search the company name and anybody associated to it on the internet. It may come up on a property forum or at worse a police report.
  • Use Google in the US as the search engine as EU privacy laws can delete the truth.
  • Do a company search. There are various options and you can get reports for a cost of £10 or use a free service from Companies House.
  • Go to a taster session and compare providers.
  • Make sure you can get finance before committing.
  • Be clear on what you will be getting and what you have to do.

Even if your research is clear it doesn’t mean you are totally protected. Remember if it sounds too good to be true it probably is.

Searchlight Finance Limited is registered in England and Wales No.07929050 Searchlight Finance Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (http://www.fca.org.uk/register) under reference 743220. The FCA do not regulate Business Buy to Let Mortgages or most Commercial Mortgages and Bridging Finance. ICO Number Z3109319. Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.

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