One of the much newer strategies and for obvious reasons has seen considerable growth as it can real enhance the financial return for a property compared with an assured shorthold letting. What is the normal checks taken out by landlords for Buy to let properties? We take a deposit, do checks, have guarantors for
As always, we need to be compliant…so below we have got some information on how to identify different groups of investors. Differences between a HNWI (High Net Worth Investor) and a Sophisticated investor HNWI – if you have an annual income of at least £100,000 a year or have at least £250,000 in
Houses of Multiple Occupation are an area of growth for investors, with 43% of these landlords in acquisition mode. So what do landlords need to know about HMOs, and about the rules and regulations that govern them? We answer some the key questions here. What is an HMO? HMO stands for House in Multiple Occupation.
Top 10 tips for the day: Get there early Stand at the back Bring your ID Proof of address Some sort of payment method If buying in a company bring: proof of directorship and the incorporation certificate Know what your max bid will be and DON’T go over this If you are unable to make
Buying at auction Research…Research…Research The thrill of buying at auction can get you caught up in the moment but never forget to do your own due diligence as this is the most important factor when purchasing at auction and the one step that many forget. Few things to remember: You are committed: when the hammer
Auctions can be one of the best ways of buying property as long as you are prepared, informed and cautious. The auction market is absolutely HUGE and this is why it can be a huge opportunity for investors countrywide. Some tips: Sourcing properties at auction: Start by looking at your local auctions Register for the
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