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About ileven1225

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  • Areas I invest in
    Birmingham, Cardiff, Nottingham

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  1. Thanks, I wonder if they are not under a LTD company, would it be a 'NO' to use them?
  2. Dear everyone, Hopefully you are keeping well during the pandemic. I am looking for property sourcers in East Midland area (e.g. Derby, Nottingham, etc) and I would like to know how to assess the sourcers and the sourced deal? I have listed what I think shall be done but they might not be sufficient. Any suggestion is welcome! Private sourcer or sourcing EA shall be a member of an Ombudsman Scheme as this shows a commitment to professional standards and also gives a route of redress if something goes wrong. Talk to the sourcer to challenge the professional knowledge and expe
  3. I am also looking into property investiment in Nottingham. Ideally 2-3 beds houses that require refurb. Anyone could contact me if you got some properties available. Thanks
  4. I thought the valuation is based on neibouring similar houses, can the sourcing company affect the lender's valuation? Sorry that it might be dumb question.
  5. Hi everyone, i know it was 2017 post and I wonder if using a sourcing company still an issue with mortgage lenders? I mean if the fee paid to the sourcing company covered by cash not put into mortgage, would it still be an issue? I assume lenders would not know if the property is from a sourcing company or an estate agency? Anyone can share any views? Thanks
  6. Hi everyone, Can anyone recommend a property sourcer who covers Birmingham or NOttingham or Cardiff or Derby region? Currently those regions are under my interest. Thanks. Dawei
  7. it is mandatory but £600+VAT is very expensive and the work is really not that much. I would suggest you to challenge their price and request the details of the work, hopefully you can get the price down.
  8. Thanks. Alternatively, Can husband own 100% but 99% of rental income going to wife?
  9. Hi everyone, If the property is 100% owned by husband but the rental income goes to wife, it is still possible? Or the property has to be shared and then the income can 100% go to wife. thanks in advance! Dave
  10. Thanks a lot, I am looking at either Birmingham or Nottingham currently and seek the approach you mentioned.
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