First time investor, invest now?

Discussion in 'UK Property' started by medion, Feb 16, 2008.

  1. john conor

    john conor New Member

    Hello

    Sorry I dont know about this i will try to tell u later.:(
     
  2. john conor

    john conor New Member

    he

    This time im working on victorian styles if any question contact me.
     
  3. irishrussian

    irishrussian New Member

    hi one idea is to advertise privatley and ask for anyoe willing to sell below market value and rent back. Its as simple as that but you need to know the bank will want a deposit of at least 20 % of the price you buy it at.
    This is a good way to start and there are people i am sure who would like to turn their house to cash.
    If you are not a uk resident for more than 15 years you may have a problem getting the mortgage.
    I think this is the quickest and best way.
     
  4. michelletaylor1985

    michelletaylor1985 New Member

    Yes, I do believe that this economic downturn period is the best time for investing into properties whether its you own country or overseas.

    You can infact, get the best of the rates right at this moment and can find most of the properties at a much cheaper rate.

    - Michelle




     
  5. stevedom

    stevedom New Member

    funds available

    Hello.........i have mortgage funds available up to 70% of value of property for buy to let. I would be looking to make a profit on the resale and charge the same as the arrangement fees i pay plus half share of any legal work....
     
  6. Jimferguson42

    Jimferguson42 New Member

    Good time to invest if you have the patience to wait out the volatility

    I think that the current situation of the economy would help you extend the value of your 20K but it will be 2 or 3 years before the property market picks up. The best bet would be to buy properties for rental in the mean time to help cover the mortgage charges.

    Have you joined any property investment seminars to give you insider tips and techniques for investing properties.
     
  7. punitalemon

    punitalemon New Member

  8. Eagleskey

    Eagleskey New Member

    There are more solutions

    :idea: Hi there

    Have you think at all about Lease Options?

    If you don't know what it is feel free to ask and I will send you as many details as you need.

    Regards
    Athina


     
  9. daniel brown

    daniel brown New Member

    hi Medion

    You have mentioned that you potentially looked at property in UK or abroad . Actually I invested in buying a property in DUBLIN when I finished , I bought a place and rented it out to a serviced office company and was a great deal then. So invest wisely . From articles and then websites I've read the PROPERTY MANAGEMENT. i think it should be able to shrug off the economic slowdown (I am forwarding you this website If you wish).

    The website is Property Management Dublin, Ireland by Assured Property Management

    Here are some of the services which they have offered to you :-

    # Regular site inspections and checking of service personnel
    # Dealing with caretakers and wages
    # Book-keeping/Accounting services and liaising with auditors
    # Attending Board meetings, Annual General Meetings and Extraordinary General Meetings
    # Obtaining quotations for any maintenance work to be carried out
    # Providing 24 Hour, 365 day emergency cover
    # Providing company secretarial services Arranging insurance and dealing with claims/indemnity letters
    and many more.....................!!!

    may its helpful for you....
     
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