Residential Auction Guide Price Reductions 30th, 31st July & 1st August
The term uninhabitable is used throughout mortgage lending, where banks and other lenders apply specific criteria to decide whether a property a buyer wants to secure lending against is deemed habitable - or suitable to live in - within its current condition.
June 2024 has delivered a robust growth in both residential and commercial property auctions. Notably, the additional Allsop Commercial auction for the month significantly contributed to the commercial sector's impressive numbers, where the lots sold increased by 37.2% compared to last year, and total revenue surged by an astounding 160.3%. This additional auction has played a pivotal role in boosting the overall commercial growth, although the quarterly and yearly figures continue to show a slight decline.
It’s a slightly surreal sight, but coach loads of Japanese tourists descend upon Hill Top, the Lake District house once famously occupied by Beatrix Potter with surprising regularity.
Providing ‘extras’ at your self-catering holiday home for guests to use can seem an innovative way of standing out from your competition.
A place in the country? The beauty of the holiday lettings market is that it gives you the chance to choose an investment in a place where you already feel at home.
A license is where someone is given permission to occupy a property or room but does not acquire the rights of a tenant.
If you are buying for restoration and resale, unless you are very confident of your own abilities and judgment you may well feel you need guidance from a builder on costs and from a selling agent on your eventual realisation figure.
Q: What should I be thinking about before deciding whether or not to get into buy-to let?
I write about two separate subjects this month, although related.
