Special Assumption Flashcards
1
Q
How did you calculate the VP calculation?
A
£90,000 into YP in perp of 6%
Present value in 6 months
gross value
Legal and letting fees
Net value
Purchasers costs
Net value
2
Q
Why is there only a small change between market value and market value on special assumption
A
Quick letting so not that much risk involved
Spoke with agents
