Q:Hi,
This is my second thread of how to buy run down house as I received only few replies to the first one.
To explain my situation I have some savings and looking to buy old run down property so I can fully refurbish it. I am builder so it won't be a problem at all.
Does any one know how to get on the property ladder and find what I'm looking for?
Thanks for help
Self employment does require a certain amount of drive and desire and in the this market you have to be pretty bloody clever. You have to ask the right questions at the very least.
You're not going to affect my business at all so I don't care how much advice I give but I you don't seem to have the gall :confused: Sorry.
Thanks for the advice Dozzergirl. I really appreciate it.
For example http://www.lowsorkney.co.uk/propertydepartment.htm
two plots of land there i see, although that would be a new build, i can assure you there are many properties needing renovation
There are also other benefits like little to no crime, ie you can leave your tools on an unlocked site and be sure they will be their the following day
Skilled builders are also very much in demand, so if you wanted you could earn that way as well
Thanks for your advice. But I prefer to stay where I am at the moment just because it's so cold down there.
I'm thinking don't give up the day job
Self employment does require a certain amount of drive and desire and in the this market you have to be pretty bloody clever. You have to ask the right questions at the very least.
You're not going to affect my business at all so I don't care how much advice I give but I you don't seem to have the gall :confused: Sorry.
Well up here property is fairly cheap compared to south, and there are many properties available that could be renovated.
For example http://www.lowsorkney.co.uk/propertydepartment.htm
two plots of land there i see, although that would be a new build, i can assure you there are many properties needing renovation
There are also other benefits like little to no crime, ie you can leave your tools on an unlocked site and be sure they will be their the following day
Skilled builders are also very much in demand, so if you wanted you could earn that way as well
I personally think you wont find what you are looking for yet.
In Lincolnshire 30K would give you a 50% deposit on a 3 bed terraced(where I am anyway).Is the OP prepared to travel?
The poster means buying in ORKNEY
I would see a broker. To be honest with you 30k isnt going to go that far as everyone wants a deposit now, and in Bucks, you dont get a lot for 150k. Especially if you will need that cash for refurbing.
I personally think you wont find what you are looking for yet.
Don't quite understand what do you mean?
Could you be a bit more specific? Where do you want to start? How much money do you have saved, have you been to see a mortgage broker to see how much of a mortgage you can afford?
When you're looking, I suggest setting up searches in rightmove for the areas you're looking at and get it to email you results every day. Auction properties often end up on there too.
Thanks for all your posts guys.
I have around ￡30,000 of savings. I haven't seen mortgage broker yet.
I checked rightmove and like their website.
I am located in High Wycombe Buckinghamshire by the way.
Any more suggestions?
Prices are falling.
The longer you wait the more you save.
Could you be a bit more specific? Where do you want to start? How much money do you have saved, have you been to see a mortgage broker to see how much of a mortgage you can afford?
When you're looking, I suggest setting up searches in rightmove for the areas you're looking at and get it to email you results every day. Auction properties often end up on there too.
There isn't really any other options unless you know someone who wants to sell such a property.
http://www.consolidation-debt.tk/showthread.html?t=1045341