Renting has become the only option for many as house prices soar and it becomes more and more difficult to save a deposit. But that doesn’t mean that you shouldn’t put as much thought into finding a property to rent as you would to buy. Here’s how to find the perfect rental home.
As a new landlord, it can be tempting to leave properties void of furniture, fixtures and fittings to avoid letting properties furnished with substandard furniture. Since 1988 when the Furnishings and Fittings Regulations came into effect, even experienced landlords can now be reluctant to provide furnished properties. However, when you consider that a furnished property can let on average for over £50 a month more than an unfurnished one, it is easy to see why it might be worth putting in some time, effort and investment into furnishings to reap the rewards in the long term. Money Matters Before you can start considering changing your letting status to ‘furnished’ you need to make sure that you have the financial funds to back it up as well as the time and man power to practically ensure the furnishing gets done. Get some quotes from a range of different suppliers and work...
From Crotch Crescent to Minge Lane, and from Bell End to The Knob, Britain’s wealth of rude street names have long been a source of amusement – but now it’s been revealed they could also be a source of bargains for savvy property hunters.
Im about to give you a link to a training which reveals the big opportunity and LOW competition many private investors are missing out on right now. Warning: This IS NOT the weekday afternoon light-entertainment stuff youve seen on TV... Im about to give you a link to a training which reveals the big opportunity and LOW competition many private investors are missing out on right now. Warning: This IS NOT the weekday afternoon light-entertainment stuff youve seen on TV... Go here, now for more information: Auction Bargains - How To Get The Best Deals From Under The Nose Of The Pros Tuesday 2nd July 8:00 PM - 9:30 PM This is for people who want to make decent cashflow from property. If thats YOU, then ask yourself: "Am I tired of pounding the pavement, scouring for great BMV deals, only to lose out to another quick-off-the-mark first time buyer?" "Am...
Rohan Weerasinghe discussed the recession and why he felt the world had gone into recession. Interestingly he talked about the baby boomers and how they had a massive effect on the economy.
Graham Phelps gives his views on the 2011 property market.
Bank of England News investment Property stocks interest rates Land PIN Bargain RICS Independent estate agents 2010 UK Housing Market property sale property investors investment properties property investor findaproperty tenants repossessions house prices landlord mortgages house property invest lenders asking price Graham Phelps Right Move Zoopla www.housepricecrash.co.uk This Money Hometrack www.findaproperty.co.uk
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Looking to buy property is an exciting time. It is even more exciting when you think you may bag a potential bargain. However, you have to be aware and beware when it comes to buying property at auction as you don’t have a lot of time to do the necessary research – but once you’ve bought it, you will have a lot of time to reflect on any mistakes! Typically auction catalogues are released 14 days prior to auction. That means you have just two weeks to view the property, check the legals, get a survey, raise the finance, research the area, assess demand, research the end value, cost any works, get quotes from trades people – it’s a lot of work to do in a short space of time! Because there is so much to do – and so little time – and because you are...
Property auctions are a great place to find a variety of properties and opportunities. Many properties end up in auction for a number of different reasons – it could be that a quick sale is needed (e.g. repossession), a best market price needs to be achieved (e.g. housing association stock), the house requires refurbishment (difficult to get conventional lending), the property is unusual (e.g. a water tower) or there are complicated legal issues which make it difficult to sell via private treaty (through an estate agent). Auctions can offer great opportunities for property investors as some properties can be bought at “below open market value” and in some cases properties can sell for around 50% of their “market value”. However, the key is in understanding what the “market value” is and in understanding the different risks associated with the property. To understand if a property is a potential bargain the...
Buying a house at auction is easy when you know what you are doing but can prove costly if you don’t take some simple precautions. John Davies from Hedge Property Group gives some advice for anyone wanting to invest in property or just needs to grab a bargain 1. Plan your exit strategy – know what you’re going to do with the property 2. Visit the property with the valuer 3. Have the legal pack checked 4. Visit the local letting agent – Do your Due Diligence! (see http://www.justdoproperty.co.uk/due-diligence-in-15-minutes for more help with this) 5. Choose the auctions wisely – sometimes going to the quieter auctions pays off 6. Never, ever bid first 7. Be careful of ‘off the wall bids’ 8. Bid when the auctioneer says “going once, going twice” – and watch other bidders, who’ve done their homework 9. When the auctioneer says “it’s in the room” that means...
First off a very big thank you to all who responded to our mini survey last month, its very interesting to know that we have 58% of people as Active Investors, 29% Experienced and 13% Aspirational. This will help us to ensure that we provide you the content relevant to you.If you didnt respond last week, please do so that we can get the most accurate picture of you, our subscribers! Which category are you? 1 – Experienced Property Investors 2 - Active Property Investors with a small portfolio 3 – Aspirational Property Investorsie. Want to be in property but haven’t got started or are just getting started. As you will see from the logo on the right we have been entered into the "Website of the Year" competition which we are REALLY excited and pleased about. Do tell thegoodwebguide.co.uk what you like about our site Updates Our Product of...
It looks like you can still pick up a bargain at Auction these days. This flat was expected to go for £1000 but due to some heated bidding it sold at £18,000. Which just shows that the auction room dictates the price. It looks like the flat could do with a touch of TLC though. Perhaps they can get Sarah Beeny around to give them some advice! Read the full story here: http://tinyurl.com/y9wmw2z