Jon cull

Registered with Property118.com
Friday 3rd July 2015


Latest Comments

Total Number of Property118 Comments: 3

Jon cull

12:06 PM, 5th June 2016, About 5 years ago

Repairing corporate lease offer?

This is a great win-win strategy, it's a win for you the owner, getting a guaranteed rent each month, not having to worry about your property, although you probably will for the first few months! Your guaranteed rent will probably be below the market average for a family let. Maybe £100 or £200? But it's guaranteed AND with no voids, no call outs, no agents fees etc.... This is a win for the investor too, he doesn't have to find a large deposit to buy your house, although the longer the deal the more money he will be willing to invest. If he has done the deal right (win-win) he should get good cash flow from the property. if he/she hasn't done it right, it CAN go wrong!
However, firstly you must do your due diligence on the company concerned. You must most defiantly use a lawyer who understands exactly what it is you are entering in to. There are a few specialist lawyers in these types of agreements. As each Rent2Rent deal will be different, so no two deals are identical. Make sure too, that you keep paying your building insurance.....that is.a must! You are up to date with your mortgage, although that is up to the company you choose to use to check. We ALWAYS do!
If you are happy with what is being offered and you've used a good lawyer you will win!
We always have heads of terms, this is what's to be included in the contract.
If he wants to buy your property then that is a different type of contract: i.e. Lease purchase Option for example and that is a totally different type of agreement so, don't mix the two different types of deals up.... Read More

Jon cull

12:14 PM, 4th February 2016, About 5 years ago

A Good Letting agent for Buy to Let Advice in Manchester?

Hi Ozzy
Why Manchester?
I would suggest picking an area you do know and if that is too expensive for you look elsewhere. There are great areas all over pick one and become "expert" there. Talk to local property people and do your DD!
Good luck Ozzy... Read More

Jon cull

18:09 PM, 9th August 2015, About 6 years ago

Landlords Fight Back Against Budget Tax Plans

email sent to Manchester Evening News business Desk.... Read More