How it works - Investing made easy!
Our simple armchair investing process
Step 1 – Sign up for free
Step 2 – Receive our property deals and service updates
Step 3 – Inquire about anything that catches your interest
Or we will contact you if we find something that meets your requirements
Step 4 – We reserve the property or service for you
Step 5– We take care of the sale, handling all the legals and finances as stress and hassle free as possible!
Step 6 – The property is yours
How do I buy the below market value investment properties?
Buy Investment Properties source these properties through a number of channels and agree the purchase price with the seller prior to offering the property to you. Simply register and you will receive all our property deals via email.
Once I have registered and choose a suitable property, what happens then?
One of our experienced Property Client Directors will talk you through the process in detail; however the system is designed so as to provide you with minimum hassle. We recommend the solicitors, the financier and work closely with you each and every step of the way until completion. In simple terms:
- You reply to our property email with your interest.
- We call you to discuss the deal and assess your suitability.
- If suitable, our financing partners qualify you for a mortgage and request a valuation of the property.
- Our recommended solicitors send out relevant documentation to you and also start the searches.
- Typically within a month we complete and the keys are handed over to you
How much does this service cost me?
Buy Investment Properties source property at up to 35% below market value. Each deal varies according to the level of discount and the amount of equity gained, however typically the cost would be approximately the deposit and the standard conveyancing costs with 2% finders fee.
How many buy to let deals can I have?
This is entirely up to you, so long as there is sufficient finance.
How do I know that the discount is genuine?
The valuation to determine the actual market value of the property and hence the discount is conducted by a 3rd party - a RICs qualified surveyor (e.g. Colleys, Countrywide etc) . The surveyor does not work for us but for the lender and any dishonesty would jeopardise his/her career.
How quickly do I have to complete?
Due to many of the properties being repossessed the completion times are very strict and hence we often need completion within 28 days. This should not be a problem as long as you send your documentation back to our recommended solicitor promptly.
Can I use my own brokers?
We are happy for you to use your own broker however the responsibility of obtaining an offer remains with you and previous experience has meant that the deal is sometimes lost, due to the offer not coming back within the 28 days. We would thus recommend that you let our specialist brokers work with you and secure the offer in efficient timescales. We manage everything anyhow and keep you posted throughout.
Can I use my own solicitor?
We strongly recommend that you use our solicitor for reasons of haste. Our solicitors charge a preferential rate and know the BMV industry very well and therefore can relate to this type of transaction.
Signup for Free
Instantly receive our latest Investment updates, Free Ebook & Tips
We take your privacy very seriously and will not sell or rent your email address
|