; Amateur Property Investor: Property 2

Tuesday, 7 November 2006

Property 2

After much Soul Searching we have decided to get the Adelaide Wharf place in Hackney as well. It isn’t complete until August 07 so we should have time to get used to being a buy to let landlords by then.

Kicked it off with Serliana again, paid them their reservation fee (£1500) and they have contacted Breytenbachs and Savills Private Finance for us again. This is a lot more than Park Central but is under £250k which is the current level that stamp duty moves up from 1% to 3%. Still mulling it over but any UK portfolio should probably include London, it always has a lively property market and especially with the 2012 Olympics it should be a winner whatever happens to the property market in the short term.

Another thank you note from Jay Parmer Serliana’s MD. Hopefully no hitches with this one!

Another client care letter from Breytenbachs asking for our identity details again, this can’t be right as we have only just got them back from them after our Park Central purchase? I rang them to query and they said if they have seen the id docs in last 3 months then they don’t need to see them again. I feel the need for a bit of a whinge, why is it me, the customer, having to query this with them? Shouldn’t they know this before they contact me? End of Whinge.

1 comment:

Henry Leong said...

Had read your experience, am also in investment- stock