Buying an apartment complex can be a fantastic way to earn some investment income. Multi-family properties are a great source of cash flow, as you can earn monthly rental income as well as potentially qualifying for some incentives when it comes time to file your taxes. However, if you opt to buy an apartment complex it’s imperative that you understand that there are some special considerations...
Buying Property
It’s the stuff of many a dream- setting up your own independent shop or café, filled with brightly coloured accessories and brimming with customers. But sadly, for many it’s a dream that’s short lived and can take years to recover from- we’ve all heard the stories of quaint coffee shops that close down within a year, regardless of how great their brew and pastries. Often...
International Mortgage enquiries have soared since Brexit according to the mortgages division of one of the world’s largest independent financial advisory organisations. deVere Mortgages, part of deVere Group, which specialises in UK mortgages for expats and overseas buyers, primarily from the Middle East, Europe and Far East, affirms the uptick is a direct result of the outcome. Mike Coady,...
What tops your list of priorities when looking for a property to buy? With values in London rising, is it time to rethink your requirements? Many homebuyers have a long list of desired features, such as number of bedrooms, location, proximity to a station, when they start looking for a new home, says south London estate agent Eden Harper, which has branches in Brixton and Battersea. But with a flat in...
The conveyancing process when buying a home is about the legal transfer of ownership from the selling party to the buyer. The process begins when an offer is accepted for a property and is concluded when the buyer receives the keys. While it is technically possible for anyone to carry out conveyancing work, anyone who has received a mortgage to buy a home will usually find that the terms and conditions...
Finding the perfect property is about discovering that sublime mix of affordability, needs met, and location. That makes it sound pretty simple. I’ll leave you to figure out the second and third points in that short list. What I want to discuss is the first one: affordability. The price you are able to pay (or shall I say, the price that you should pay) is not determined by the list price of your...
Mayfair – home to Hyde Park, five star restaurants, and some of the world’s most luxurious real estate - but for wanting to own property here for a figure under the million pound mark, time could be running out. New research has shown that as the desirability of property in Mayfair has risen, so too has the average price. Now, fewer than 5 per cent of homes sold in the area had sale...
Buying a first home is a really exciting time for all people involved but the truth is that there are many mistakes that can be done. Unfortunately, the internet is filled with a lot of information that is incorrect. At the same time, we have friends and family members that influence us in a negative way. What went great for one person is not necessarily a great idea in your case. Because of this, you...
The internet has transformed the way we buy and sell commodities. Properties are just one of the many things that can be bought and sold online, and in fact, technology arguably does a better job of it than high street agencies do - particularly when it comes to buyers’ ability to research and sellers’ ability to market. So, how exactly is technology affecting high street...
The home buying process is typically portrayed in advertisements toward families and couples. These days, approximately 40 percent of first-time home purchasers are actually married. That means that a large percentage of home buyers are deciding to go solo. The process of buying a property on your own may be simple, but there are a few differences you may want to note. Decide on a Location You...