facebookscript

cost buying property Tag

How To Rent A Property Out Privately

How To Rent A Property Out Privately

Whether you are looking for an apartment or for a tenant, and do not want to use real estate agent's services, there are several things that go different when you do everything by yourself. This basic information on how to rent property privately should be enough to get started - both for the owners and for the potential tenants.Social networks There are plenty of platforms where you can post and search for info on the available listings. If you want to rent a property out privately, you should definitely start from there. Apart from Facebook, which has too much various information, you can use more specific, narrow targeted web platforms as Gumtree. A successful posting has fewer words more pictures. And, if you choose to shoot a short video tour – this will definitely help your ad to stand out. After all, photos can be confusing, while a video normally creates a more realistic picture of your premises. Get safety certificates Before renting out, you are legally obliged to obtain 2 safety certificates: Gas Safety Certificate (if you have any gas appliances in your home, which you probably do) and Energy Performance Certificate. The last one is valid for ten years, so...

Work Out The True Cost Of Buying Property

Work Out The True Cost Of Buying Property

No doubt, buying property requires some money. Whether it is a huge house, or a tiny apartment – it is still a serious investment and before you can start looking for a new home, you should better work out the true cost of buying. Purchasing property is associated with an entire range of different expenses, which include:Mortgage fees First if all, you will have to find out if you can be pre-approved for the mortgage. Normally, there won't be a problem with that - especially if your income is stable and predictable. The consultation with your bank representative is free, but reserving the mortgage may require a booking fee, varying somewhere between £100 and £250. Also, apart from the first deposit (that should be covered by your current savings), you might have to pay mortgage fees. Some creditors do not charge them, but some of them do. If your property cost exceeds £125 000, your initial mortgage fees can reach up to £2000. Solicitor’s fees Then, there are the solicitor’s fees that vary between £500 and £1500 plus 20% VAT. In most circumstances, you will be asked to pay 10% of the fee upfront. One of your solicitor’s tasks presupposes providing property evaluation...