08/07/2025
🏡 PROPERTY VIEWING UPDATE!
Just got back from viewing a potential serviced accommodation gem—prime location, great layout, solid potential 👀. But as we know in this game, it’s not just about what meets the eye...
đź“Ś Before you jump in, make sure the foundation is solid:
- Buy-to-Let Mortgage: If you’re planning short-term lets, double-check that your lender allows serviced accommodation under their terms. Not all BTL mortgages are created equal, and the wrong one could put you in breach of contract before you even get the keys.
- Title Deed & Headlease: Especially crucial if it’s a leasehold property. You need to confirm that the headlease doesn’t restrict short-term letting. Some leases are a quiet killer of potential cash flow—don't let hidden clauses catch you out!
This property had a lot going for it, but due diligence is king đź‘‘. If the deal doesn't align with your strategy (or the paperwork fights back), walk away knowing you dodged a bullet.
Success in property investing isn’t just about spotting opportunities—it’s about protecting them. 🚧🔍
How do you vet your potential deals? Would love to hear your tips below 👇
