Property Solutions to Sell Your House Fast For Market Value
As a first time buyer it’s possible to get a buy to let mortgage, but your options will be very limited. Most lenders consider the risk that first time buyers will want to live in the property for themselves. Those that will lend to first time buyers will limit the buy to let lending to a multiple of earnings.
The amount by which subsidence devalues your property is at least by how much it will cost to fix the subsidence problem, plus an additional 10-20% off the asking price on top. You are far better to fix the problem yourself and check your insurance policy to see if this covers for subsidence.
It’s not a good idea to sell your house and move into a rented property, as it can be difficult to get back onto the property ladder once you get off it. If your reason for considering selling your house and renting instead is your mountain of debt you should look at other ways to reduce your debt if you can.
The best way to put pressure on solicitors to speed up the conveyancing process is to give them a deadline and ask for weekly updates. Do your part in the house buying process and use the estate agent to put pressure on your solicitor. If that doesn’t work, making a complaint will add more pressure.
What is acceptable as an offer in the region of depends on what the property is worth to you, how much the seller is willing to accept and how long the property has been on the market. Always bear in mind that the list price of any house is not its valuation, but is a guide price only.
You are much better selling your house and renting before buying again as this reduces stress and puts you in a stronger buying position for your new home. Whilst renting before buying again means you have to move twice, the double move is worth it in the end.
