Author: Aly Chiman

Closed Bridging is one of the principal ways property investors use to make money. It is especially useful for people just starting out who don’t have the capital to pay for properties for cash out right. However, it is also used by experienced investors on a regular basis. It is very useful for BMV property deals and can be a way of getting 100% finance loan.So what exactly is closed bridging? And how does it…

These days virtually all tenancies given are an assured tenancy in some way.Under the 1988 Housing Act this sort of tenancy gives the landlord the right to take back possession of the property if the tenant is in arrears of more than two months.There were important changes which where made by the housing Act 1996 which took effect from 28th February 1997.AST’s are the most common tenancy granted at the moment and the one that…

In a nutshell, an assignable contract is a contract that allows you to sell on a property before the completion date of the deal. It could say something like “sold subject to contract and exchange to “Joe Bloggs or assignee.” These sorts of contracts are normally used in connection with off-plan properties, but they can also be good in other situations, for instance if you are doing a refurbishment or renovation. In certain circumstances, such…

A property trader typically buys and sells properties straight on and isn’t interested in renting them out. This is similar in some ways to a developer, but he/she doesn’t always refurbish or develop property, but may just buy it below market value and sell it straight on without doing anything at all to it.There are a host of ways to make money as a trader. Some traders may purely focus on auctions and find bargain…

| George Martin Jr A property reversion is basically when you purchase a property but you have an agreement with the people you are buying it off that they can still continue to live there for a specified time, normally until they die or some other significant agreed event happens. As you can imagine this sort of deal is normally done with the elderly.If the elderly could only sell their homes, they would easily have…