John Johnson

Registered with Property118.com
Wednesday 18th November 2015


Latest Comments

Total Number of Property118 Comments: 3

John Johnson

12:27 PM, 19th November 2015
About 5 years ago

How to avoid 6 months waiting to sell a property to a BTL purchaser?

Reply to the comment left by "Mike W" at "19/11/2015 - 11:25":

Dear Mike ,

That's the whole trick .The house on left and right down the street are the same comparable in structure and decoration and are selling 20 000 £ more exspensive .I have sold prices in the 1/4 mile radius which show that the house will go easily for at least 20 000 £ more even without me painting the walls and changing the carpets .

So that's the answer that the same show will give you I guess .

The bank will send the surveyour who will go through the same process and will reach the same conclusion as I already made above.... Read More

John Johnson

10:10 AM, 19th November 2015
About 5 years ago

How to avoid 6 months waiting to sell a property to a BTL purchaser?

Reply to the comment left by "Neil Patterson" at "18/11/2015 - 17:04":

Thank you Neil !

The future buyer actually is likely to use residential mortgage.

My problem is will any lender lend the future buyer if I haven’t owned the property for 6 months?

The property is bought because the owner was facing reposession and sold it 30% BMV-enough to cover the outstanding mortgage and some cash for him.... Read More

John Johnson

17:26 PM, 18th November 2015
About 5 years ago

How to avoid 6 months waiting to sell a property to a BTL purchaser?

Thank you Neil !

The future buyer actually is likely to use residential mortgage.

My problem is will any lender lend the future buyer if I haven't owned the property for 6 months?

The property is bought because the owner was facing reposession and sold it 30% BMV-enough to cover the outstanding mortgage and some cash for him.... Read More