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65 Scotland Road, Nelson, BB9 7UY
£799 From
Booking a valuation
When you work with a Purple Estates, you get much more than just a free valuation. You also get:
Our mission to get you moved
Purple Estates has up-to-date, local property market information. We will get you the best possible price for your property whether you are selling or letting. We use our expert local knowledge and unique technology on our mission to get you moved.
Frequently asked questions
These are some FAQs about property valuations:
How long does a property valuation take?
The length of time a valuation takes will differ from property to property. It will, of course, take longer to value a three- bedroom detached house than a one-bedroom flat. However, well aim to be with you for no longer than absolutely necessary.
What happens during a valuation?
After filling out the form an agent will arrange a date and time to come and view your property. They will walk around it, with you if you prefer, and make notes on the rooms. They will take measurements and ask you some basic questions about the property. They may also have some suggestions on how to add market value to your home.
How quickly will I know how much my home is worth?
We aim to provide a valuation of your property at the time of your appointment with our agent, which will be confirmed after the appointment. We can make a recommendation on how it could be marketed and make sure you are 100% happy with our thoughts.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
65 Scotland Road, Nelson, BB9 7UY
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