How to Buy a House as a Cash Buyer | Phil Spencer's Propety Tips

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  • Опубліковано 30 січ 2025

КОМЕНТАРІ • 44

  • @carolyngraber4326
    @carolyngraber4326 2 роки тому +2

    Thank you, Mr. Spencer. We are so grateful for you.

    • @MoveiQ
      @MoveiQ  2 роки тому +2

      You are very welcome

  • @jjones3223
    @jjones3223 5 місяців тому +1

    As a cash buyer can you still get a valuation report to ensure you aren’t overpaying?

  • @AislingBast
    @AislingBast 8 місяців тому

    It is a great video thanks for the great information and well delivered. This is exactly what I was looking for.

  • @amazing451
    @amazing451 2 роки тому +1

    At point 2.08 when talking about drainage drainage surveys who exactly does these is it the solicitors or surveyors?

    • @MoveiQ
      @MoveiQ  2 роки тому

      A surveyor will do a drainage survey usually with a CCTV camera.

    • @amazing451
      @amazing451 2 роки тому

      @@MoveiQ what kind of house survey does this come under because there are 3 different types to my knowledge?

    • @MoveiQ
      @MoveiQ  2 роки тому

      @@amazing451 It's a specialist survey you will need to book separately. You can find a surveyor near you via our website here www.moveiq.co.uk/tools/buying/find-a-tradesman/

    • @amazing451
      @amazing451 2 роки тому

      @@MoveiQ Thanks for the information Move iQ

    • @MoveiQ
      @MoveiQ  2 роки тому

      @@amazing451 You're welcome - you can find loads more advice on our website moveiQ.co.uk

  • @paulh2184
    @paulh2184 2 роки тому +4

    Great video Phil always very helpful content. Due to the increase in property prices in recent years I am unable to be a cash buyer I am about 25% short. I have 75% what other ways will I be able to make up the missing 25%? thanks

    • @MoveiQ
      @MoveiQ  2 роки тому +2

      Thanks for your feedback. It might be worth sitting tight for a bit and seeing what happens to prices in the area you want to buy. Here's Phils latest market reveiw which you might find interesting www.moveiq.co.uk/blog/news/price-gap/

  • @barrycrump6189
    @barrycrump6189 2 роки тому +1

    Thank you.

    • @MoveiQ
      @MoveiQ  2 роки тому

      You're welcome!

  • @malikahzaz
    @malikahzaz 2 роки тому

    @Move iQ
    Is there any website where one can filter out cash only properties?

  • @desipindu420
    @desipindu420 2 роки тому +1

    Thanks you very insightful info. I am currently looking for a property in London so the info is very useful. I am not sure of the link you mentioned which allows me to learn the facts about the area, crime rate etc. Could you point me in the direction please?

    • @MoveiQ
      @MoveiQ  2 роки тому +1

      Sure, here you go www.moveiq.co.uk/tools/buying/property-report-for-buying-or-renting-a-home/ Also, thank you for taking time to give us feedback - much appreciated 🙏

  • @jakir6767
    @jakir6767 9 місяців тому

    Thank you very much sir for your advice. But please I have a question. If I borrow money from friends and family to my account also sometimes credit cards give 1 and half year 0% interest and transfer the money to my account and manage the money overnight and try to buy a house with this cash money ! Is it gonna work like that ? Property could be under 60k. Is it will be a problem ?
    Thanks in advance.

  • @cchoy6730
    @cchoy6730 2 роки тому

    Hi, Mr Spencer, it would be grateful if you could advice me on how could a non resident without uk bank account cash buy a house. Is it possible to pay the sum using HSBC Expat Bank account . THANK YOU !

    • @MoveiQ
      @MoveiQ  2 роки тому

      Sorry we can't help with that

  • @blackink43
    @blackink43 2 роки тому

    Very interesting 👍

    • @MoveiQ
      @MoveiQ  2 роки тому

      Glad you think so!

  • @mjmcc4r7
    @mjmcc4r7 2 роки тому

    Many thanks for this information and keeping us up to date. The website is very good. Hard to know who to go to for advice like this, pitfalls, etc. Especially like the info re estate agents.

    • @MoveiQ
      @MoveiQ  2 роки тому +1

      Glad to help

  • @Medhead101
    @Medhead101 2 місяці тому

    What do solicitors require from buyers in terms of anti money laundering requirements? How deep do they need to go in terms of statements? If you have investments and you sold them do they ask for receipts and is it their responsibly also to ensure you have paid tax etc on them?

    • @MoveiQ
      @MoveiQ  Місяць тому

      www.moveiq.co.uk/advice/buying/understanding-property-conveyancing-process/

  • @heshammatoug4860
    @heshammatoug4860 2 роки тому

    Hi Phil
    How can I watch your video content ... it's no longer available in the UA-cam ???

    • @MoveiQ
      @MoveiQ  2 роки тому +1

      we are still here

  • @said881
    @said881 2 роки тому

    Great tips as always

    • @MoveiQ
      @MoveiQ  2 роки тому

      Glad you like them!

  • @adida.sativa-dv2el
    @adida.sativa-dv2el 8 місяців тому

    What was the tip?

  • @aracelisantacruz3405
    @aracelisantacruz3405 3 місяці тому

    My mom saved money cash for 4 years she now has cash , she wants to buy a place and what is the process ?

    • @MoveiQ
      @MoveiQ  3 місяці тому

      This might help www.moveiq.co.uk/advice/buying/buy-house-cash/

  • @jjefferyworboys8138
    @jjefferyworboys8138 2 роки тому

    Phil is my "Go To Guy" for practical advice. Why bother with anyone else ?

    • @MoveiQ
      @MoveiQ  2 роки тому

      Thank you - we'll be sure to let him know :)

  • @David-yn5bs
    @David-yn5bs 2 роки тому +1

    It makes no difference if you're a CB or not, if a property is under offer, then it remains that way, regardless if you can buy quicker. Sorry Phil, but i speak from experience.

    • @MoveiQ
      @MoveiQ  2 роки тому

      No need to apologise - thanks for sharing your experience.

    • @omarilowe451
      @omarilowe451 Рік тому

      What do you mean?

    • @tomatosoupa4563
      @tomatosoupa4563 Рік тому

      He’s saying if someone’s already made an offer for it even if you’re buying cash you can’t just take the house, not sure it’s relevant to the video though aha

  • @daveUK1066
    @daveUK1066 Рік тому

    I've got 90k I've saved with crypto over the years, I want to buy a cheap first home, but they're gonna want proof of funds...can I drip it into a savings account and pay from there

    • @MoveiQ
      @MoveiQ  Рік тому

      www.moveiq.co.uk/blog/buying/buy-house-crypto/

  • @ChanelYu-n4y
    @ChanelYu-n4y Рік тому +3

    Taking too long to get to the point

    • @GDixon-ch3yl
      @GDixon-ch3yl 4 місяці тому

      @@ChanelYu-n4y then move along