BTL Boom!

[DimPrawn]

In theory, how quickly could you buy a vacant property, if you had cash to buy it? You'd need to get searches done, right? What other legal requirements could hold things up? Out of interest.

A survey, local searches, conveyancing solicitor to draw up the contract. Probably take in the order of 3 weeks to complete.

[dang65]

In theory, how quickly could you buy a vacant property, if you had cash to buy it? You'd need to get searches done, right? What other legal requirements could hold things up? Out of interest.

[sasguru]

There's a 'most reduced' option in Zoopla now:

Property for sale in Swindon, Wiltshire - Buy Swindon, Wiltshire property - Zoopla

Wow Swindon is cheap. 5-bed house for the price of a studio above a carpet shop in Tottenham.

[TimberWolf]

There's a 'most reduced' option in Zoopla now:

Property for sale in Swindon, Wiltshire - Buy Swindon, Wiltshire property - Zoopla

[sasguru]

Here's a plan K, L or M:

Buy large houses in zone 3/4 in London. But their USP is that each bedroom has an ensuite (even if tiny, just shower and wc) bathroom.
Minimum £600 pcm per room. Will get you a much better rental than if you rented the house as a whole.
Demand guaranteed, with an ensuite bet there will be no voids at all.

[DimPrawn]

'There are more prospective tenants than properties available' - Telegraph

And this is according to the Letting Trade body so it must be true.

Fill yer boots with lurverly property (at near record prices) whilst you still can!