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  1. J

    The best way to market and sell a small development site in London? Auction or closed offers?

    Sorry for late reply. Yes London is suffering quite a bit lately and I don't see it rising yet at all like it was I'm thinking further afield but needs be right location. I did buy a house in Stoke and I didn't know the area well. It was on a busy road, took ages to sell. But it did in end...
  2. J

    I need your advise - PLEASE HELP!

    At that price should be a AST, or actually even though you own the property have they still got a say or interest in the property in some way?
  3. J

    I need your advise - PLEASE HELP!

    It's odd like DIY saying about legal side. Also usually the only time it's common Law Tenancy is when they are paying extremely high for it or are a company so I don't get why the tenancy is that. Unless I'm missing something
  4. J

    Who gets commission when property moves estate agents?

    You did the right thing. I don't like agents like that. Well also silly buyers paying over the price their downfall! Bet they took the offer of the solicitor too. I had that offered to me once. They should had known me better. I do not have "mug" on my forehead. Anyway lets hope they have a...
  5. J

    I need your advise - PLEASE HELP!

    Hi Bebee I'm trying to understand this situation see if I can help you. I have only ever done AST. I sold my let properties couple years ago. Is the property you are buying totally yours and you are going to live there or are you a shared investor. Who are the tenants? Are they usual...
  6. J

    Development and site finance.

    Hi Gareth 97%? I understand you get help with the development but you have to be prepared to put down a substantial amount yourself on the purchase of the land? Unless you have a wealthy investor to JV if you haven't got the cash. Or is that where the crowd funding comes into play? Though...
  7. J

    Malta

    Let's see in another 10 years. I think sadly you see it different. I have known Malta for over 20 plus years as I worked for a Maltese company many moons ago. So have seen the changes and not for the better.
  8. J

    Sell or Rent out

    Apologies for my spelling as getting tired. :)
  9. J

    Sell or Rent out

    Hi Aaron Well after buying a few properties I did a bit of networking for a short while and a known speaker told me I would be good at being an estate agent but it did not appeal to me. Then I spoke to people doing sourcing so thought I give it a go! Turned up to sites knowing they were looking...
  10. J

    How do you handle your tenants?

    Have to say I do not agree that you can't be good at being a landlord and spotting land sites. I have done both and just sold a big site in Kent to a football team looking for a home. Also sold other sites to private developers. Also to add flip properties too. As with being a landlord and...
  11. J

    How do you handle your tenants?

    Hi I have used letting agents and done it myself. Depends on if you can deal with problems yourself and have the time or let the agent deal with it as that is what you pay them for, to manage it. I agree with the above too. Thing is you can get great tenants and you can get extremely bad...
  12. J

    Who gets commission when property moves estate agents?

    Hi What a pickle you are in and frustrating especially if you like the house! How long had the agent been with the seller? The seller can change their agent depending on the agreement signed. Usually an agreement is 3 months. The seller can change their agent if they want. But if you are...
  13. J

    The best way to market and sell a small development site in London? Auction or closed offers?

    Hi Lee Have you sold it yet or still deciding? I have sold small to large sites to private developers. It all depends on how quick you want to sell the land. Auction is the quickest and you can set a guide price to potential buyers and you and the auction have a reserve which is kept between...
  14. J

    Property Finance Advice for my parents

    Hi It was awful. I had panic attacks to be honest. And took ages to sort out. I have done 5 properties. Two with the biz partner and three myself. I done all renovations. Made good profit. Also have a flat in Malta and source land sites for larger developers. One of my mistakes was buying a...
  15. J

    Sell or Rent out

    Hi Aaron Glad to hear you have taken my advice. I have been through letting and flipping so hope to share my experiences. I have bought 5 properties so far. And have a property in Malta. I sold two of my lets and three flips. I just sold my recent Reno, though I made a mistake buying further...
  16. J

    Malta

    Swings and roundabouts Michael. Lot has changed unfortunately in last 10 years not as good as it was.
  17. J

    Malta

    Hi I have a property in Qawra Malta. Lived there for awhile so know it well and yes a good place to invest though dealing with solicitors can be tricky. Let me know if you need further advice. Julie
  18. J

    Sell or Rent out

    Also to add do a plan. Like an excel. Do a future forecast Julie
  19. J

    Sell or Rent out

    Hi Aaron I have been buying and selling properties since 2010. I use to rent but due to costs last couple years, I decided to flip. It depends what you want to do. Thing is re financing takes away your equity. Last thing you want is all mortgages high to the hilt, though depends what your...
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