Welcome to Rentflow. My name is Chris Dixon and I am both an FCA authorised mortgage broker and a Property Ombudsman authorised managing agent. The following pages (and this website) are here to help you expand your business so you can help your BTL customers manage their property investments better. In the same way we might help any mortgage customer with Life & CIC, B&C or a Will referral, helping your BTL customers will become just another extension of the value-added service you can add to your customers.
I think it would help if I first outline my experience and why I’m qualified to help you. In 2008 I was playing tennis at David Lloyd with the MD of one of Worthing’s largest letting agents and mentioned to him I wanted to become a mortgage broker. While I was taking my exams could I come and get some work experience at his firm as a letting agent. I wanted to see which properties rented quickly and why and which didn’t and why.
It was the best 3 months’ work experience I have ever done and as a result I came up with my 10 principals (for example car parking is one principal) and realised that as long as any property met 7 of my 10 principals it would always rent.
After I passed my mortgage exams, I joined The Independent Mortgage Bureau based Reigate and in March 2010 they went into administration (nothing to do with me!). In the chaos that followed the phonelines were disconnected. The Receiver said they didn’t want the main company – so I paid BT the outstanding money, transferred the number to myself, set up my own company and joined a mortgage network. Using a VOIP phone system I never looked back. Every client I now have I can track back to that phone number. It was the golden goose that rang with mortgage enquiries. It still rings even today!
By 2012 I was indeed doing BTL mortgages but found inexperienced landlords were buying the wrong properties (10 principals) and getting poor quality tenants; worse still, renting to friends or family. I started signposting clients to suitable properties and helping them with finding suitable tenants, all for free and all to get the BTL mortgage. When you start a business, you will do anything and go anywhere. I was now married and we had welcomed our first daughter in 2011. My wife then said I was giving too much away for free and I should start charging customers for helping them to find good properties and tenants (by then I had relationships with all the local estate agents as a mortgage broker). Our second daughter was also on the way.
I raised the issue with the FCA and my network and as there was the chance I would handle client money the decision was made to set up a separate company (Landmore). Landmore has grown and has helped many customers over the years and now manages a large portfolio of property assets worth £m’s for both myself and my clients. See www.landmore.co.uk As I have purchased nearly every property in the portfolio (10 principals) none of them have ever been empty and as I have personally selected all the tenants none of them (even throughout the pandemic) have ever missed their rent payments or caused any problems. Some properties were inherited into the portfolio. For example, I manage a property in London because I rented a property in Worthing to an 84 year old lady relocating to Worthing to be near her sister. I have then done a BTL remortgage on the unencumbered London property so she could buy in Worthing for cash. I will come onto revenue streams later and actual case examples.
Rentflow is not a blue-sky idea. This is something I created by accident 11 years ago as a mortgage broker. I found a virgin business path and took it. It was full of fruit and I am happy to share my experience with you and help you build your own property management business. I can help you too become a very large Landlord.
There is a saying in our mortgage industry, feast or famine. For me the Rentflow income has become a regular guaranteed monthly income and the mortgage income a bonus income. It is no different in structure to non-indemnity commission on a life sale. A slow build. The main difference is it does not stop after four years.
There are several videos on the site that are designed to help you and give you ideas. But please note Rentflow is not for every mortgage broker. The epicentre of everything we do as mortgage brokers is property finance; mortgages. Some brokers branch into specialist arears like in Life & CIC and some B&C. A chose to help my BTL customers manage their property investments better and as a result I became a Landlord as well as a Mortgage Broker
Welcome to Rentflow. My name is Chris Dixon and I am both an FCA authorised mortgage broker and a Property Ombudsman authorised managing agent. The following pages (and this website) are here to help you expand your business so you can help your BTL customers manage their property investments better. In the same way we might help any mortgage customer with Life & CIC, B&C or a Will referral, helping your BTL customers will become just another extension of the value-added service you can add to your customers.
I think it would help if I first outline my experience and why I’m qualified to help you. In 2008 I was playing tennis at David Lloyd with the MD of one of Worthing’s largest letting agents and mentioned to him I wanted to become a mortgage broker. While I was taking my exams could I come and get some work experience at his firm as a letting agent. I wanted to see which properties rented quickly and why and which didn’t and why.
It was the best 3 months’ work experience I have ever done and as a result I came up with my 10 principals (for example car parking is one principal) and realised that as long as any property met 7 of my 10 principals it would always rent.
After I passed my mortgage exams, I joined The Independent Mortgage Bureau based Reigate and in March 2010 they went into administration (nothing to do with me!). In the chaos that followed the phonelines were disconnected. The Receiver said they didn’t want the main company – so I paid BT the outstanding money, transferred the number to myself, set up my own company and joined a mortgage network. Using a VOIP phone system I never looked back. Every client I now have I can track back to that phone number. It was the golden goose that rang with mortgage enquiries. It still rings even today!
By 2012 I was indeed doing BTL mortgages but found inexperienced landlords were buying the wrong properties (10 principals) and getting poor quality tenants; worse still, renting to friends or family. I started signposting clients to suitable properties and helping them with finding suitable tenants, all for free and all to get the BTL mortgage. When you start a business, you will do anything and go anywhere. I was now married and we had welcomed our first daughter in 2011. My wife then said I was giving too much away for free and I should start charging customers for helping them to find good properties and tenants (by then I had relationships with all the local estate agents as a mortgage broker). Our second daughter was also on the way.
I raised the issue with the FCA and my network and as there was the chance I would handle client money the decision was made to set up a separate company (Landmore). Landmore has grown and has helped many customers over the years and now manages a large portfolio of property assets worth £m’s for both myself and my clients. See www.landmore.co.uk As I have purchased nearly every property in the portfolio (10 principals) none of them have ever been empty and as I have personally selected all the tenants none of them (even throughout the pandemic) have ever missed their rent payments or caused any problems. Some properties were inherited into the portfolio. For example, I manage a property in London because I rented a property in Worthing to an 84 year old lady relocating to Worthing to be near her sister. I have then done a BTL remortgage on the unencumbered London property so she could buy in Worthing for cash. I will come onto revenue streams later and actual case examples.
Rentflow is not a blue-sky idea. This is something I created by accident 11 years ago as a mortgage broker. I found a virgin business path and took it. It was full of fruit and I am happy to share my experience with you and help you build your own property management business. I can help you too become a very large Landlord.
There is a saying in our mortgage industry, feast or famine. For me the Rentflow income has become a regular guaranteed monthly income and the mortgage income a bonus income. It is no different in structure to non-indemnity commission on a life sale. A slow build. The main difference is it does not stop after four years.
There are several videos on the site that are designed to help you and give you ideas. But please note Rentflow is not for every mortgage broker. The epicentre of everything we do as mortgage brokers is property finance; mortgages. Some brokers branch into specialist arears like in Life & CIC and some B&C. A chose to help my BTL customers manage their property investments better and as a result I became a Landlord as well as a Mortgage Broker