I've been having some preliminary discussions with 2 NRAS companies, trying to decide who to go with and establish a long term relationship.
I've seen it discussed in these forums, that you should get up front valuations for "off the plan" NRAS properties to avoid surprises later on.
I mentioned this at a meeting with 1 of the companies and they told me that they have had some valuations come in at 10-15% out but their clients still went ahead with the deal because the rent was still at the original level. This raised some alarm bells. Anyone care to comment or provide some advise please.
I'm keen to get get some NRAS properties, but obviously want to reduce risk.
I've seen it discussed in these forums, that you should get up front valuations for "off the plan" NRAS properties to avoid surprises later on.
I mentioned this at a meeting with 1 of the companies and they told me that they have had some valuations come in at 10-15% out but their clients still went ahead with the deal because the rent was still at the original level. This raised some alarm bells. Anyone care to comment or provide some advise please.
I'm keen to get get some NRAS properties, but obviously want to reduce risk.