Are there any specific red flags I should look out for in the legal pack of a UK property auction, beyond restrictive covenants, that indicate hidden costs or significant future problems for a buy-to-let investor?
Quick Answer
Beyond restrictive covenants, look out for unknown tenant situations, poor structural reports, and high service charges in property auction legal packs as these indicate hidden costs or future problems.
About This Topic
Identify critical red flags in UK property auction legal packs beyond covenants. Learn about hidden costs and future problems for buy-to-let investors.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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