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A great property deal can set you up for life and allow you to leave a legacy for your family. But a bad deal or no deal (if you miss out on your dream home) will haunt you for years. So, how can buyers and sellers ensure they come out on top in the property game?
Owning a rental property isn’t just about what happens while tenants are in place. Effectively managing periods when your property is unoccupied is equally important. When your property is empty, you won’t have rent coming in, and you’ll have to pay out to cover the mortgage, utilities (including standing charges) and council tax.
Buyers remorse. A feeling of regret or anxiety after making a purchase. Often felt after spending money on something that you later feel wasn't worth it. Clothing bought in a sale because it was perceived to be a bargain when, in reality, you probably didn't really need or indeed want to buy it. You might not have even given it a second thought if
If you’ve just inherited a rental property, then you may be wondering what your options are. While you won’t need to make any decisions on the spot (it usually takes many months to settle an estate), it’s good to start thinking about the issues you’ll have to address in time.