Bowfin Property

Property Solutions to Sell Your House Fast For Market Value

Author : Russell Bowyer

Article written by Russell Bowyer who has been investing in property since purchasing his first commercial property in the 1990's for his own Chartered Accountancy business. But his first property investment project was to turn an old dilapidated restaurant into a large 5-bed home, which he purchased for £117,500 and sold for £450,000 (to see an "after" photo of the house before it was sold see here: About). Russell owns a number of investment properties, which includes houses, flats and HMO's. More recently he has turned his creative side to investing in property using lease options. His largest lease option deal to date was to acquire 12 properties worth over £2 million for just £12, which means he paid just £1 to acquire each property!

Seller Lied On Property Information Form

If a seller lied on their property information form the seller may be liable to pay damages to the buyer for misrepresentation. But it’s important for buyers to beware and to do their own due diligence by carrying out a survey, searches and other checks to make sure the property has no issues.

Lying About No Onward Chain + Seller Lied About Being Chain Free

If your seller lied about being chain free and said there’s no onward chain you can pull-out of the purchase of this property, or continue to completion on the basis you’ve invested time and costs in the conveyancing process. Otherwise you’ll be back to the beginning and costs will have been wasted.

Is It Worth Extending An Ex Council House?

You may own an ex-council house and you might be wondering if it is worth extending it. Ex-council house or not, the same question applies to extending any property. For any building work that’s done on a property, it’s about weighing up the cost of building an extension vs the additional value the extra space […]

Are Ex-Council Houses Freehold Or Leasehold?

Most ex-council houses are freehold properties, which means you’ll have permanent and absolute tenure over the land and property included on the title plan, which means you will have freedom to dispose of it at will. But many council houses are bound by restrictive covenants you need to abide by.

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