publication date: Jun 7, 2011
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author/source: Kate Faulkner, Property Expert and Author of Which? Property Books
Latest Property Forum Posts
Nearly every day we are answering your property questions for free on our
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Here's a snapshot of your latest questions we've answered:-
Buy to Let Companies
Q - I have contacted a few buy to let property search companies and I need to make a decision based on the following options such as buying a home in the USA, buying in the UK or buy a local property that I know. Which should I choose?
A - Have you completed a property investment brief? Understanding what you want and by when from property is essential and without this, it's impossible to make a decision. Have any of these companies asked you what you want from your investment? Have they given guarantees or money back if it doesn't deliver? What risk are they taking?
We provide a property investment brief for free, just email: enquiries@designsonproperty.co.uk. NEVER buy a property without seeing it! So if you aren't going to the states or can't look at the BMVs, run away.
Investing in property requires weeks of work, time and effort and if you can't spare this, you are probably better off investing via property funds with companies that are registered with the FSA.
READ MORE for this full question and answer and to view all the topics raised on our forum!
First Time Buyer Home
Q - I am a first time buyer and I've found a home to buy, but I think the owner has overpriced it. Please help.
A - It's always tricky finding ‘the right price' to pay for a home, as the truth is it's what a buyer is willing and able to pay and what the seller is willing to let it go for!
To help, take a look at the ‘House Prices' section of our website, use Mouseprice to find out how much similar properties have sold for recently. Another good idea is talk to the local estate agents to find out how close to the asking price buyers are offering, you can also use Hometrack for this.
READ MORE for this full question and answer and what to do in the current market. View other topics raised on our forum!
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