Split Title on House
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- Posted:
- Proposals: 3
- Remote
- #608135
- Expired
Description
Experience Level: Intermediate
Estimated project duration: 1 - 6 months
Legal topic: Property
Description of legal work: I've purchased for cash a six bedroom property with basement. My intention is to convert to 7 flats with the addition of an extension on the back.
I'm awaiting planning permission for the extension and loft conversion, but am able to proceed with the basement.
I'm looking at options of how to complete the basement flat and then mortgage it to help fund the rest of the project.
Then as the next one is complete, do the same.
I'm based in Hereford
Extra notes: I'm looking to start the work next month on the basement, complete March 2015. Cost £35,000.
Looking to raise £60,000 on a Buy-to-Let mortgage based on a valuation of 100,000.
Value of the whole site is 300,000.
Description of legal work: I've purchased for cash a six bedroom property with basement. My intention is to convert to 7 flats with the addition of an extension on the back.
I'm awaiting planning permission for the extension and loft conversion, but am able to proceed with the basement.
I'm looking at options of how to complete the basement flat and then mortgage it to help fund the rest of the project.
Then as the next one is complete, do the same.
I'm based in Hereford
Extra notes: I'm looking to start the work next month on the basement, complete March 2015. Cost £35,000.
Looking to raise £60,000 on a Buy-to-Let mortgage based on a valuation of 100,000.
Value of the whole site is 300,000.
Andrew C.
97% (12)Projects Completed
17
Freelancers worked with
17
Projects awarded
11%
Last project
26 Feb 2020
United Kingdom
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