Property Blog [ Page 11 ]
My Mortgage Broker And Mortgage Lender Are Idiots, I Think!
2 Comments Comments / Article written on 08 Jan 2007, and filed in the Project 1- Buy Property, Become A Landlord section
I’m not sure who’s to blame, but there is a definite breakdown in what I had hoped to be a smooth purchase. I haven’t heard anything from my Mortgage broker in weeks- he was meant to get back to me regarding the acceptance/rejection of my mortgage offer. But of course, he never got back to [...]
Shit, My Mortgage Has Not Been Approved
0 Comments Comments / Article written on 19 Dec 2006, and filed in the Project 1- Buy Property, Become A Landlord section
I got a phone call from my Mortgage Broker earlier and it appears that things aren’t going as smoothly as we had initially anticipated. Northern Rock is being a bit iffy about offering me with the mortgage agreement I had chosen. Apparently they need to take my yearly salary into account. I found that odd, [...]
I’m Applying For A Mortgage Policy
0 Comments Comments / Article written on 12 Dec 2006, and filed in the Project 1- Buy Property, Become A Landlord section
I spoke to my mortgage broker, Lee, earlier today, and he basically went over my options.
Currently, the best Mortgage policy for me is with Northern Rock; 5.47%, fixed rate for 2 years; 25 year policy. It’s the same one he mentioned previously in our discussion. I agreed to the offer. It’s not the best [...]
Organising Home Insurance
0 Comments Comments / Article written on 12 Dec 2006, and filed in the Project 1- Buy Property, Become A Landlord section
I haven’t blogged in a few days, but that’s purely because there hasn’t been much to report. There has been no real activity; I guess this is the calm before the storm. I imagine there will be a lot of points during this transaction where I’ll have to sit around and wait whilst all [...]
Stamp Duty Land Tax (SDLT) Form
5 Comments Comments / Article written on 09 Dec 2006, and filed in the Tax And Property section
When I got my initial quote from my conveyancing solicitor, they offered me a lot of extra optional services for extra fees. Being naive, I declined most of the additional services because obviously I want to keep all fees to a minimal. However, I did make an exception for the “no competition, no fee”, insurance; [...]
Organising The Dreaded Mortgage.
0 Comments Comments / Article written on 06 Dec 2006, and filed in the Project 1- Buy Property, Become A Landlord section
I got a call earlier today from my Estate Agent’s in-house mortgage broker. He invited me to go into the office to see if I would be interested in taking out a mortgage through a lender they work in conjunction with. I agreed to meet him since getting a few quotes couldn’t do much harm. [...]
Finding A Conveyance Solicitor
0 Comments Comments / Article written on 05 Dec 2006, and filed in the Project 1- Buy Property, Become A Landlord section
Today I wasn’t as productive as I planned to be. It’s weird, sometimes I just completely lose interest in this entire project; I just randomly stop and think to myself, “Why am I doing all this? Do I need the stress?”. Then moments later, I snap out of it, and find my focus again.
I spent [...]
The Vendor Compromised With A Sale Price!! Yeehaw!!
1 Comment Comments / Article written on 30 Nov 2006, and filed in the Project 1- Buy Property, Become A Landlord section
Ok, folks, it seems as though my bluffing tactics have paid off. There’s been some positive activity occurring during the past few days. As I predicted, the property market seasonal drought has been extremely beneficial, it has allowed me to get away with being a cheeky little git. I advise all property investors to enter [...]
Buying Property- Making A Cheeky Offer
0 Comments Comments / Article written on 28 Nov 2006, and filed in the Project 1- Buy Property, Become A Landlord section
It’s been a few days since I viewed the property I had taken a liking to, and there’s been very little activity in between. Somehow I’ve managed to stick to my game plan, which was to act like an uninterested snob towards my Estate agent. I never contacted him, I was relying on him to [...]
Property Buying Strategy- Playing Hard To Get
0 Comments Comments / Article written on 25 Nov 2006, and filed in the Project 1- Buy Property, Become A Landlord section
Ok, so in my previous blog entry I mentioned that I had taken a liking to one particular 2 bedroom house that has a price tag of 165k. I’ve been in touch with my Estate Agent today, and he informed me that there’s been a multitude of viewings for that property. He didn’t say that [...]
Bingo, I found it- The ideal house!
0 Comments Comments / Article written on 22 Nov 2006, and filed in the Project 1- Buy Property, Become A Landlord section
Right, so today I went and saw another 3 houses, all of which were 159k to 165k (approximately 10k more than I initially budgeted for). I must admit, for that extra 10k I did notice the difference. I’ve taken a particular liking to one particular property I was shown. Obviously I didn’t make that obvious [...]
More House Viewings
0 Comments Comments / Article written on 19 Nov 2006, and filed in the Project 1- Buy Property, Become A Landlord section
It’s been a few days since there’s been any real progress. Last night I viewed another 3 houses, all in the area I wanted, and all 2 bedroom.
All the 2 bedroom houses in the area are pretty similair structurally, the only differences are some vary in size, slightly. I’m after a 2 bedroom with generous [...]
My First House Viewings
1 Comment Comments / Article written on 14 Nov 2006, and filed in the Project 1- Buy Property, Become A Landlord section
I only went into the Estate Agents yesterday, and I already just had my first 4 house viewings. Everything feels like it’s moving so quickly (even though it’s really not), I guess I’m just worried about losing control of the situation and parting with large amounts of cash. I need to keep reminding myself that [...]
My Property Investment Adventure Begins
0 Comments Comments / Article written on 13 Nov 2006, and filed in the Project 1- Buy Property, Become A Landlord section
Today is where all my property adventures begin. How scary?!?! Hopefully today is going to be a memorable moment in my life; a moment which I’ll look back on for years and think, “Yes, that’s when my success as a property investor started”
My Goal
I’ve thought about this for some time now, and I’m officially ready [...]
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