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Categories: guides | buy to let mortgage guides | property investment guides | commercial mortgage guides

There is one decision you will make during the property investment process that could make or break your completion. At the very least, it will have a fundamental impact on whether the process is smooth and plain-sailing, or fraught with problems and delays.

We talk you through how to make the right choice by avoiding some of the potential pitfalls. You can get even more detail on this subject by reading our online guide too.

 

Video guide transcript: Save yourself time, stress and money by getting this decision right.

“If you are investing in property, and you're looking for the process to complete as quickly as possible, the one fundamental thing that you need to get right is choosing the right solicitor. 

“Now, you can imagine law is a huge subject, with lots of niche areas of specialism. 

“When it comes to investing in property, especially if it's a more specialist route, like via a limited company or you're buying an HMO or you're buying commercial premises, then you need to find a solicitor who understands the nuance of what that involves. 

“You may have an absolutely wonderful solicitor who deals with all your family law and has dealt with your Mum and Dad over the years, or dealt with friends and family. You know them, you like them, you trust them, and that's fantastic. 

“But, when it comes to property, you really need someone who understands the specifics of property investment. 

“So when you talk to our team, we'll be recommending to you a panel of solicitors that we work with, who we know understands the legal process involved in property investment.

“The legal process is the longest part of the journey, when you're investing in property. Whether that's remortgaging or purchasing, but particularly purchasing, and the legal process is the thing that can really slow things down. 

“So, if you want things done effectively and efficiently, the first time around, speak to us and understand who you need on board to do your legal work for you. 
“We'll help you, or give you a recommendation for the people to speak to and we can help you make your mortgage application as efficient as possible. 

“I hope that helps you understand why it's important and we look forward to speaking to you about your investment.”