I WOULD LIKE TO BUY A RUN DOWN PROPERTY TO RENOVATE AND SELL AGAIN AS SOON AS IT IS FINISHED,WOULD THIS BE A BUY TO LET MORTGAGE OR IS THERE ONE OUT THERE FOR THIS TYPE OF THING ?

Real Estate Professionals

2 friends & I have the opportunity to buy an old house at a very reasonable price which needs renovation. Can anyone advise me of the most suitable way to raise the £65000 which I would need to pay my share? We’ll be doing the work ourselves & expect to be selling the property fully refurbished within 6 months. Thanks in advance for any advice you can offer. For info’ I own a property without a motgage on it & also a family home with a big(gish) mortgage.

Real Estate Professionals

What expenses can I claim against the profit ? Am I able to “bill” the company for the time that I have spent on the build ?
What do you mean by ancilliary expenses ? Am I able to reclaim the VAT incurred on the materials, etc ?

Sell House Quick