Homes Under The Hammer: Martin Roberts shares his ‘only regret’ when buying property

Martin Roberts gives advice on adding value to properties

Homes Under The Hammer star Martin Roberts often shares property tips and tricks with viewers. Martin presents the show with Dion Dublin and Martel Maxwell where they try and help keen investors buy property at auction. The property guru is not only clued up on buying property at auction but has bought and developed his own homes too over the years.

Martin has even started his own YouTube channel called Martin Roberts’ Property Titbits where he answers homeowners’ questions about renovating, buying and selling.

Fans of the property guru often write to him on Twitter to get him to answer questions for them.

One Twitter user asked him: “Have you ever bought property that you’ve regretted or has had a massive defect or legal issue that you missed?”

Martin answered honestly and said that he “hasn’t in the UK”.

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights.

He continued: “My only regret was getting sucked into the whole…overseas property market which during the early 2000s was absolutely going the bomb.”

Martin explained that locations such as Spain, Bulgaria, France, Italy, the Czech Republic and Brazil seeing a surge in popularity.

“They were the hot places to buy,” he added.

However, Martin soon found that it “all went horribly wrong”.

DON’T MISS
Homeowners could face £10K bill if they fail to winter-proof property [INSIGHT]
Homes Under The Hammer: Martin Roberts on how to add value to homes [UPDATE]
Alesha Dixon home: See Alesha’s magical Christmas tree decorations [ANALYSIS]

He said “it wasn’t brilliant” in the years 2007/2008.

The property expert did explain that he hasn’t had any legal issues or defects but he advised homeowners to always use a solicitor who should spot this.

He added: “A good solicitor will spot legal issues so you need to definitely engage them.

“Make sure that uh that you’ve got yourself covered from that point of view.”

Martin also revealed during his video whether buyers should buy a house if there is water in the cellar or whether a water-sodden cellar is easy to rectify.

The property expert explained that cellars do often unfortunately have water in them but that it can sometimes be rectified depending on what the problem is.

He said: “Cellars do have water in them they’re damp and it’s not ideal but it’s not necessarily a deal breaker.

“So I would say find out where the water’s coming from.

“What you don’t want to be doing most importantly is undermining the foundations seeping into the ground underneath the house because that then could cause subsidence and all sorts of stuff.

“So you definitely want to get that checked out.”

He said later on down the line homeowners could then convert the cellar into a “really nice living space” with companies who will do it for you.

He concluded: “I would definitely get in somebody who knows what they’re talking about to check it out

“I wouldn’t necessarily say it’s a no-go but something to check out.”

Homes Under The Hammer airs weekdays at 10am on BBC One.

Source: Read Full Article