“In the cold light of day, in the UK, make a list of the important criteria you are seeking in a house. Set an absolute budget which you can well afford, and remember purchase costs are invariably charged over and above the price of the house. When you arrive at your destination, check your list against every house you view to see how each one measures up. Never let your heart rule your head. Be wary of heavy discounts and deals; they may not be all they’re cracked up to be and could cost you in the end. Never hand over any money there and then. Make sure you have a cooling off period to enable you to make sure you’re making the right decision.” Pauline Saunders, Snobby Homes
“Before you make a commitment, think about your exit strategy. Take time to do your own market research and to understand the area. Try to buy where the local population also buy, and proceed only when you are satisfi ed that the property is competitively priced, and is in an area where you can easily resell.”
Martin Dell,
Kyero.com
“My top two tips would be thorough research and instructing a qualifi ed, competent lawyer. However, a greatly overlooked factor is “always remember your investment goal”, whatever it may be, whether capital profi t from resale, or long-term rental income. Don’t be swayed to purchase a property that will not suit you and not allow you to achieve your aims. You will benefi t over the long-term, even if it takes a while to fi nd your ideal investment property.” Graeme Johnston, Successful Investor
AIPP CONSUMER GUIDE 35
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60