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Hi All, We are looking to buy our first property using our Ltd Co. that we have set up. We have found a property in need of refurb and we are looking to buy using bridging finance (we do have the cash to buy out right but prefer to use bridging), refurb and refinance later. We have gone to our usual solicitor who has worked for us on a few land and property deals before that have always been straight forward mortgages buying in our own names. However for the first time as a limited company their quote seems to have increased quite a bit (£1,500 +VAT + disbursements for searches etc) and 'guideline timeframe' is just not good enough for quick turnaround purchases. The only thing that is really different is that I said 'buying as a limited company' and 'bridging finance'! The house is only worth £50k. Can anyone recommend a conveyancing solicitor that is experienced in Limited Companies buying using bridging finance that have reasonable fees? Cheers, David.
had a change of circumstances and i think i now need to buy at auction keep hearing about the modern method of auction and the way ahead is to check online for the properties available then make an offer rather than bid BUT all the properties i see listed are durham/keighley/notts/liverpool and i was hoping to buy in peterborough. i did a random search online a few weeks ago and could see lots of bargains in peterborough and now they've either disappeared or i'm looking at the wrong areas my question is what's the best way to look for a flip that may become a buy to let? i am looking in peterborough and surrounding areas any help would be appreciated