Kirstie Allsopp & Phil Spencer Give Property Buying Tips

Kirstie Allsopp, Phil Spencer and Chris MoylesI’m a big fan of the Chris Moyles breakfast show on Radio 1- the light banter goes down a treat while driving to work. Unlike some, I get Chris’s humour (most of the time). From what I’m aware of, Chris Moyles is a bit like Marmite; you either love him, or absolutely hate him.

On Monday (17th November), Kirstie Allsopp and Phil Spencer from ‘Location, Location, Location’ were on the show as guests; ready to answer a few property related questions from the public.

I must admit, I don’t watch ‘Location, Location, Location’, but I know it’s an extremely popular show, and I know the pair are talked about quite a bit in the property industry, especially the extremely do’able Allsopp (anyone else feeling her sexual vibe?).

During the interview they answered 3 questions from three different callers. I thought the questions were pretty good. Good in the sense that they’re questions that I imagine a lot of people want answering right now, in this rough climate.

I recorded the Q&A session because there are a lot of good tips floating around in the banter (minus Chris’s expert advice). Just for clarification, it’s all pro-buying; so for those who have been bitten by the HPC (House Price Crash) bug, this may annoy/humour you (depending on your personality) …

Question 1.

I’m looking at investing into buy-to-let. But with the current economic climate I’m a bit dubious about what to do. Any advice would be appreciated…

Answer

Question 2.

I’m looking at a house tomorrow. My question is, what is the realistic amount I can chop off the asking price, so in 6 months time I’m not in negative equity

Answer

Question 3.

I’m a first-time buyer, lookiong to purchase at some point next year. I know getting a mortgage is tough now, so i’m just wondering what a realistic type of mortgage I would be looking at for a 1 or 2 bedroom flat?

Answer

I guess the focal point was that regardless of the current climate, in the longterm, you’re unlikely to lose as long as you buy the right property.

Like this post? Then maybe you should sign up to my FREE newsletter so you receive more like it!

3 Comments- Join The Conversation...

Guest Avatar
elizabeth whitehead 10th March, 2011 @ 19:49

my son anthony and i would like help with buying a property ie a flat or house with 2 bedrooms and a bath. could you please help us thank you. elizabeth whitehead.

1
Guest Avatar
Loren Dixon 21st March, 2011 @ 11:16

Property on the market to be sold for over 2 years. It is suppose to be a buyers market but where are they.
Placed property on the internet, property broker with building society and an agent. Not over priced even though can be negotiated. Its also in the Caribbean in a rural site away from tourists resorts.
What now

2
Guest Avatar
Mrs sue france 23rd August, 2016 @ 19:29

I am not looking for an already lived-in home. Curved ball question! Do you have any 'pull' with developers about building homes for the elderly on an estate? Us 60/70+ year olds are increasingly being discriminated against, as they never build for us, and we would love to vacate our four bedroomed homes. I would love them to build single storey dwellings at least 33' X 17' kitchen, dining area and living area, two bedrooms, two bathrooms. Kind regards, Sue France

3

Please leave a comment...

Nobody

Nobody

Landlord

Landlord

Tenant

Tenant

Agent

Agent

Legal

Legal

Buyer

Buyer

Developer

Developer

Enthusiast

Enthusiast


Popular Landlord Categories