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!

How Do You Find Damp When Viewing A House

How you find damp when viewing a house includes using your sense of smell to pick up any musty damp smells in the property, looking for the appearance dark patches or for mould or mildew on the internal walls, floors or ceilings, or the lifting of wallpaper and condensation on windows.

What Happens At The End Of Leasehold Term? Lease Expiry Laws

What happens at the end of leasehold: At the end of the leasehold term on a leasehold property like a flat, the lease agreement runs out and the property reverts back to the freeholder who owns the building. Once the lease has expired the property must be vacated by the lessee* as the lease agreement has ended.

Vendor Taking Too Long To Find A House: How Long To Wait

If the vendor is taking too long to find another property you have a tough decision between continuing your wait or to begin looking for another property. Your decision is made worse if you love the property, but if you’re in a chain you may risk losing your sale if you are held up for too long.

Is Mouseprice Accurate: Are Mouseprice Valuations Reliable

Mouseprice valuations are not accurate, as the primary source of its calculations is HM Land Registry’s price paid dataset, which is often months behind from when properties were sold. If a property hasn’t sold for a while, and has since been upgraded, its Mouseprice value will be completely wrong.

How Long To Wait For Vendor To Find Property

The length of time to wait for a vendor to find a property varies from one person to the next and depends on their circumstances, and if their buyers are pushing them for a fast sale. But how long a buyer will wait is also affected by how keen they are to buy the property and if it’s worth the wait.

Free Home Equity Calculator UK (What Equity Can You Release?)

A home equity calculator calculates how much equity you have in your home, which is the difference between what your home is worth less the balance owed on all secured loans, including your mortgage. But your true home equity is calculated after deducting selling costs like estate agent fees too.

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