The site is located in Newbury Berkshire - close to the town center, station and the M4 motorway - therefore creating excellent living space for many types of tenants - local young professionals, commuters, serviced accommodation or emergency housing.
The site is offered subject to planning for...
Spain is the most popular country for UK residents buying property abroad. The Home Office estimates that close to 400,000 UK expatriates live there. It is just as simple to buy property in Spain as it is in the UK - as long as you take the correct professional advice, and proceed with caution...
I didn't think of that angle, totally makes sense, Like buying a car which has been repossessed taken due to non paid finance, always cheep as the lender just wants the costs back.
Where would I go about sourcing such properties? would it be an auction type scenario?
One thing to consider is will the property be a holiday home or a permanent residence. At first you may think that they would both have different considerations, but there’s very little to separate them.
Obviously for a holiday home two of the most important things to think about are proximity...
The slowdown in central London is the result of the most significant change in the housing market in 2016 - a stamp duty surcharge on buy-to-let and second homes.
Since April, anyone buying a home that is not their main residence has had to pay a 3% stamp duty surcharge. This meant that, for...
The decrease in average household size is sure to be playing a part.
The 1950s saw an average of 5 people living per property. Today, this has decreased to an average of 2 people per property. A number of factors have driven this, including more people choosing to live alone, as well as...
So I am thinking about buying in Spain. I have family over there, so initially would be using as a holiday home with the intention of moving permanently if the quality of living proves as good as I have been told.
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If you are looking to rent the property "Nice" is brilliant. I have had a property in Nice for the last five years it is rented out nine months of the years at top rent . Cannes or any other part of France ( Paris not included ) is very seasonal.
You have no chance of Mel Gibson...
In addition to the above. I would not buy cash. You should borrow what ever you feel confitable & the number stack up with e,g instead of buying ine for cash but two & borrow half.
The interest payments will negate tax as any surplus will get added onto your income for tax purposes & further...
The Banks or thjeir appointed agents are still acting as the boom is here. Telephone number on site are a free phone which does not accept call from outside UK, email dont get replied. Property description does not allow to establish the property details its location, & other details which are...
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South of France specially Nice has not been affected by the crises on the contrary the price on average has gone up 6% since the crises. The people buying there are the French, Italians, Russians, Brits, Swedish, Germans & Belgians. You cannlot go wrong in Nice.
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These are the issues I had been warning buyers & forum users. If one thniks about it, why should the non resident pay for the garbage. They have not lived there & as such not created any rubbish.
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Loukic: In another thread you had replied that you were up to date with all and sundry in Morocco. How many developer will provide you with a Bank guarantee & in this climate banks are bankrupt the guarantee is not worth the paper its written on.
I know the area & I can work out all the facilities. Is it ready or when will it be ready ? What are the payment terms. If you going to fish for business than be prepared tp part with information.