Top quality content. Recently bought using cash and used pretty much the same techniques. Worth noting also: 1) Being a cash buyer may get you to the front of the queue but do not expect a big discount for cash for a "nice" house. 2) Be polite to the agents. You should always be professional in your approach - all the things Charlie states in the video - and have all your ducks lined up in a row but if you are polite as well then you may find your offer gets there more quickly and you get access to the best properties first.
Hi Charlie, I am a FTB, not cash, but ALL your videos, on every subject, are so extremely helpful, I watch them all. There is something to be learned in all of them. Thank you for being there Charlie.
Hi thanks for all your help, can you do video on bid at auction and why they are going on auction and still not selling! Can I bid sell? Not sure how it works on Saville
Hi Charlie, I'm looking to buy a 'Share of Freehold' flat with only 83 years left on the sharehold. So, I'd like to find out how to get that increased (990 years?) and I'd like to know how much it's going to cost. Is that something I can expect the estate agent to be able to tell me or would I have to ask the coveyancer to find out - by which time it will be costing me money and may be too late? As a side question, does yor recommended conveyancer have experience with 'share of freehold' and lease extensions?
Hi Charlie, we are cash buyers, no chain, we are in rented, all ducks in a row etc etc Used your template to make an offer on a property initially on the market August last year for £495,000 then reduced in April this year to £470,000. House has been on the market now for 10 months. We made an offer of £445,000 as that was the maximum offer we felt comfortable offering. Seller asked if we were prepared to negotiate - we said no. And that was it. But I felt the estate agent hadn't put our case forward strong enough to make the seller consider seriously. Any pointers ? Should we approach the sellers direct ? Thanks Keep up the great work !!
Thank you Charlie. I have been waiting for your cash buyer template eagerly. Put an offer in last week and expecting a reply tomorrow. Contacted a conveyancer today who says i may need to pay the higher SDLT as it has been 3.5 years since i sold my last home (been living with family). Is there a way around this as i wont be able to afford the price i offered? Thanking you in advance.
Just exchanged today after 6 sale fall throughs in a row. Hope that's a sign that market conditions are changing. Not a moment too soon as Virgin are now charging 9.76% on buy to let standard variable. It's still tough out there for anyone who doubts Charlie's experience.
Forgive the extended reply. This example shows the volatility. 18 months ago the agent insisted I would get £150k. No interest or viewings. Reduced to £140k and put tenant in for six months. Got an offer in a week £500 over. Buyer pulled out after 4 months. Second investment buyer offered £135,000. Withdrew after 3 months. Third buyer offered £125k. Pulled out saying his business partner is buying instead. He has had survey and applied and got planning to extend. Looks like this is going through at 4th attempt.
No. 4 Letting agent said he had a landlord buyer at £130k That was a bit cheap but accepted. Letting agent strung me along for 6 weeks. I then got rid of letting agent for 10 months fees after 10 years as a customer. The tenant is now saving up to buy. Fail 5 & 6 were investors who took me right to exchange of contracts and pulled out at the last possible moment. No reason given. I'm not feeling sorry for myself. Just watching as a detached observer would. I don't believe the first time buyers are out in any numbers yet. Investors are a bit flaky it seems. I will continue to listen to Charlie above all else.
Is it a good idea to go with an agent who's got a property for sale that you know you would like, then quickly put yours on the market with them, does this work out ok, or is it iffy,?? From Frances
Can I ask cash buyers to email me their solicitor letter stating that they have the fund in the bank, don’t need to sell a house first, will do searches/survey immediately (if needed), can complete within 1-2 months before arranging viewings for them?
Personal choice every time based on your risk appetite. I can’t answer whether it’s worth it or not without knowing how much it is and the value to you of what you’re protecting yourself from. It should be a simple decision for you. Is it worth £x to insulate yourself from the risk £y plus time?
@@MovingHomewithCharlie It covers the cost of surveyor and conveyancing fees a buyer has to pay should the sale fall through, just wondered if you'd heard anything bad about it.
Top quality content. Recently bought using cash and used pretty much the same techniques. Worth noting also:
1) Being a cash buyer may get you to the front of the queue but do not expect a big discount for cash for a "nice" house.
2) Be polite to the agents. You should always be professional in your approach - all the things Charlie states in the video - and have all your ducks lined up in a row but if you are polite as well then you may find your offer gets there more quickly and you get access to the best properties first.
Hi Charlie, I am a FTB, not cash, but ALL your videos, on every subject, are so extremely helpful, I watch them all. There is something to be learned in all of them. Thank you for being there Charlie.
You’re welcome! Thanks for the feedback 👍🏻
Thanks for this Charlie, looking to buy a holiday let in Wales this year as a cash buyer. Thank you so much you are a SUPERSTAR 🙏
Happy to help!
Thanks for the good advice Charlie
Any time!
Hi thanks for all your help, can you do video on bid at auction and why they are going on auction and still not selling! Can I bid sell? Not sure how it works on Saville
Hi Charlie, I'm looking to buy a 'Share of Freehold' flat with only 83 years left on the sharehold. So, I'd like to find out how to get that increased (990 years?) and I'd like to know how much it's going to cost. Is that something I can expect the estate agent to be able to tell me or would I have to ask the coveyancer to find out - by which time it will be costing me money and may be too late? As a side question, does yor recommended conveyancer have experience with 'share of freehold' and lease extensions?
Hi @charlie, great video. Which template would you buyer use if they WILL be a cash buyer when their property sells? Thanks!
Cash buyer template but you must amend it to say that it will only be once you have sold your existing home.
@@MovingHomewithCharliethank you!
hey charlie, thanks for the advice -taking your advice, what's *your* comission on conveyancer recommendations?
Great, Thank you.👍
@MovingHomewithCharlie Thank you Charlie for the new cash buyer template, you're a legend 🙂
Hi Charlie, we are cash buyers, no chain, we are in rented, all ducks in a row etc etc
Used your template to make an offer on a property initially on the market August last year for £495,000 then reduced in April this year to £470,000.
House has been on the market now for 10 months.
We made an offer of £445,000 as that was the maximum offer we felt comfortable offering.
Seller asked if we were prepared to negotiate - we said no.
And that was it.
But I felt the estate agent hadn't put our case forward strong enough to make the seller consider seriously.
Any pointers ? Should we approach the sellers direct ?
Thanks
Keep up the great work !!
I havent watched the full video yet, but charlie what would the advantages be if any in relation to this would a small 23%LTV be on a mortgage?
Thank you Charlie. I have been waiting for your cash buyer template eagerly. Put an offer in last week and expecting a reply tomorrow. Contacted a conveyancer today who says i may need to pay the higher SDLT as it has been 3.5 years since i sold my last home (been living with family). Is there a way around this as i wont be able to afford the price i offered? Thanking you in advance.
Very helpful.
Can you provide S&S ISA statement as a proof of fund to your offer?
If you buy the search pack do you then pass it to your conveyancer to check?
Yes that’s right.
Just exchanged today after 6 sale fall throughs in a row. Hope that's a sign that market conditions are changing. Not a moment too soon as Virgin are now charging 9.76% on buy to let standard variable. It's still tough out there for anyone who doubts Charlie's experience.
It depends, did you drop the price or is it still the original agreed price after 6 falls?
Congratulations! 6 fall throughs?! That’s got to be some kind of record!
Forgive the extended reply. This example shows the volatility. 18 months ago the agent insisted I would get £150k. No interest or viewings. Reduced to £140k and put tenant in for six months. Got an offer in a week £500 over. Buyer pulled out after 4 months. Second investment buyer offered £135,000. Withdrew after 3 months. Third buyer offered £125k. Pulled out saying his business partner is buying instead. He has had survey and applied and got planning to extend. Looks like this is going through at 4th attempt.
No. 4 Letting agent said he had a landlord buyer at £130k That was a bit cheap but accepted. Letting agent strung me along for 6 weeks. I then got rid of letting agent for 10 months fees after 10 years as a customer. The tenant is now saving up to buy. Fail 5 & 6 were investors who took me right to exchange of contracts and pulled out at the last possible moment. No reason given. I'm not feeling sorry for myself. Just watching as a detached observer would. I don't believe the first time buyers are out in any numbers yet. Investors are a bit flaky it seems. I will continue to listen to Charlie above all else.
Is it a good idea to go with an agent who's got a property for sale that you know you would like, then quickly put yours on the market with them, does this work out ok, or is it iffy,?? From Frances
Only if they are also an otherwise impressive agent, otherwise it can backfire.
Can I ask cash buyers to email me their solicitor letter stating that they have the fund in the bank, don’t need to sell a house first, will do searches/survey immediately (if needed), can complete within 1-2 months before arranging viewings for them?
absolutely - if they follow my advice, they will do that anyway
Any opinion about 'Home Buyers Insurance', Charlie? is it worth it?
Personal choice every time based on your risk appetite. I can’t answer whether it’s worth it or not without knowing how much it is and the value to you of what you’re protecting yourself from. It should be a simple decision for you. Is it worth £x to insulate yourself from the risk £y plus time?
@@MovingHomewithCharlie It covers the cost of surveyor and conveyancing fees a buyer has to pay should the sale fall through, just wondered if you'd heard anything bad about it.
One more expensive rule for hard working tax payers, meanwhile millionaire drug lords continue to wash cash left right and centre with impunity. 🙄