That mortgage offer came at last. I'll be raising another £20,000 on a property in Islington. The mortgage repayments actually go down by just a few pounds. Interestingly, the surveyor set the value at £276,000, whereas I know that some similar properties have sold for over £286,000. He reported signs of aging. However, nothing too drastic on the mortgage report.
I'm now in contact with an agent in Manchester. All because I spotted that a flat I wanted to rent last week was actually up on Right Move as one for sale as well. I offered to buy it as well, but the owner / landlord is going through a bit of a crisis at the moment so can't think. A pity really, as the flat was a good price both for sale and rental and in an ideal spot. He's introduced me to a superb property on Salford Quays. The rental / price combination does stack up, though not for a BMV deal. Wish I could find the capital for the deposit. I'll have to do some BMV deals to finance some ordinary ones.
Strangely I have had two enquiries about the very house in Islington that I'm just remortgaging. I guess it's that time of year agina, Everyone is on the move.
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