Jump to content
Sign in to follow this  
stephen savastano

Some starting out advice please

Recommended Posts

Hi all

 

So, as some of you would have read, I've got £35k total to invest, which I obviously know isn't a great deal, my question is, because I may decide to buy at auction, I've signed up to EIG and it has some great information, but if I go and view a number of properties that I would like to offer on do I have surveys done On all of them ? If so what is the rough cost of that ? And also for the solicitors to look at all the lega packs of them ? I run the risk of losing my £35k just in surveys and solicitors fees hahaha

 

any suggestions or advice please ?

 

thank you 

 

Stephen

Share this post


Link to post
Share on other sites

understanding the legal pack is critical - at least the main points and i always get my solicitor to give the once over to my shortlist of properties - he tends not to charge me as i use him for all my deals. I don't bother with surveys as i am familiar enough to spot major/structural issues and everything else gets covered by by normal full refurb. To be honest 35k won't get you far in an auction..

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×