A recent Hometrack survey shows that 373,000 property transactions have been stalled as a consequence of the current lockdown, worth about £82bn
Interesting times. Currently, we are being fed information regarding something we cannot see or have a grip off. Therefore, we are lapping up all we are fed. Even the official narrative does not make sense, even within its own narrative.
I recently met a client who has hopes of purchasing a property, not just in the prime area of London, but the prime street. She knows the location well, as she currently rents in the same building as where she wants to purchase. There is no...
Back in the day during the pre credit crunch era, one could (if done in the right manner) purchase a property with no money down; using the discount as the deposit.
We had an enquiry where the client required a remortgage on a large property in Central London, worth about £4.2M. Needless to say this is not a rental yield play. Rents tend to be abysmal in proportion to the property value in this area. It’s...
There is an intrinsic resistance to purchasing a leasehold property by many investors, in particular Indians. There is a sense of incomplete ownership. Attached to the investment is also a service charge, for which they have no control over....
It is said the bank base rate will rise to a peak of 5.75% and then start to decrease. Maybe, maybe not. I’m doubtful if any of these experts know what the game plan is. There is the news on the mainstream media, and then there’s what is actually...
The recent Allsop auction results had a sales rate of 76%, this leaves 53 properties left unsold, from the 215 initially offered.
We were trying to arrange funding for a small property in London. This was an auction property, where the tenancy was described as unknown. This is common when it comes to repossessions, which this happened to be. This was not the first time...
I recently met a client who wanted to purchase a building but had a couple of late payments on their residential mortgage. This is a big no no for most lenders. They found something which seemed perfect for them in an affluent suburb in London,...
We have investors who purport to want to invest into a property. However, when an opportunity is presented they proceed to tell us why it’s not a good investment. The response would be a few reasons relating to the property, the majority of...
We’re dealing with a remortgage case where the managing agents are trying their best to default the leases of our clients.
