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Q. I never realised how lucrative student accommodation could be until my daughter started university last year. And since she still has another three years left I am considering buying something for her to live in for now and then continuing to rent it after she finishes her degree. Do you think this is a…
Q. I’m new to the private rental sector and have just secured my first home to rent which I move into in the next couple of days. A few colleagues have recommended that I consider taking out contents insurance? Is this really necessary? Surely this is something the Landlord should already have in place so why…
Q. I have seen a beautiful house to purchase but have just been informed by my agent it has a ‘Flying Freehold’, I have never heard of such a thing. Can you explain exactly what this is and if it will have any serious impact on me as a buyer? A. Flying freehold is an…
Q. I agreed to buy a property over a month ago now and everything is going well, I have had the survey back which is fine and am now in receipt of my mortgage offer too but I have just had terrible news. My agent has just called to say that someone that viewed the…
Q. I have fallen in love with a property that is repossession and wondering what I can do to stand the best chance of securing the property above the other interested parties. I understand from the Agent that cash offers are received most favorably but I am not cash, will I still have a chance? A. Repossession…
This week with the number of house hunters on the rise, The NAEA (The National association of Estate Agents) is advising prospective buyers of key long-term considerations to factor in before purchasing a home, which I am keen to share with you. They have broken them down into seven pointers which buyers on the lookout…
Q. I am renting an apartment with a friend of mine and our joint tenancy expires at the end of next month and he wants to leave but I want to stay? I am trying to find a replacement for him but nothing yet? What is the best way forward, I really want to…
Q. I have a budget of £300,000 to buy my first property and want to buy something that’s not only a home for at least the next five years but will also have a decent capital growth. The question is do I buy a house, which is affordable if I buy just outside London or…
Q. My managing Agent that looks after my rental investments has suggested that as my current tenants are leaving I should consider giving the apartment a bit of uplift and replace some of the worn furniture. How important do you think it is for a Landlord to maintain property for rentals, do I really need…
Q. I was on target to exchange on my apartment last Friday following confirmation that the tenant had vacated. However I am horrified to learn that the tenant has not moved out despite having been served notice. I have been advised not to exchange by my solicitor until they do vacate but I’m afraid I…
