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Frequently Asked Questions

What is Property Sourcing?

Property sourcing is a term used when a person or company instructs a third party or individual to find and source a high yielding investment property on their behalf that they would not have been able to find themselves due to lack of time, contacts and market knowledge

What areas do you source Property Deals

Whilst we specialise in properties in London the South of England & around Manchester.  Sign up to our mailing list to see the kinds of properties we offer.

Can I view a property before paying a finder's fee?

It is company policy that we will not release the full property address or estate agents details until the full finder’s fee has been paid.  If you view the property once the fee has been paid and find it to be not as we described, you will be entitled to a refund – please see our full refund policy for more information.

How do you Value your Deals?

Extensive due diligence is carried out on each deal to ensure the numbers presented to you are as accurate as possible. Our investment experience and knowledge of the area are fundamental in providing you with the key information. We insist that you also carry out your own due diligence to verify the numbers and ensure you’re completely happy with the deal and it’s right for you. Numbers are calculated in NET and exclusive of VAT (unless stated otherwise). This is because different investors have different criteria that could mean they are not affected by VAT.

What timescale is there for sourcing a suitable property?

We actively generate a steady stream of opportunities, but they never hang around for long, so your best way forwards is to join our mailing list and let us know about your requirements. Then when a suitable property is available, you’ll be first to hear.

What kind of yield can I expect?

We analyse each property deal based on its own merits. There are a number of metrics we use to qualify deals. Thus, we don’t consider yield as the sole factor when deciding if a property is a deal or not. For each deal, we aim for a yield of between 8–12%. However, there may be properties with lower yields that would still be classed as viable deals depending on your investment strategy.

What are the benefits of using a sourcing agent?

One of the most beneficial aspects of aligning yourself with our leading property sourcing team is that you benefit from access to the most lucrative “silent sales”. This means the properties our clients have access to are pre-release deals – often not available to the public market

How quickly do I need to decide when presented with a deal?

For every property deal that we present, you have 48 hours to decide if it’s right for you and pay the reservation fee to secure it. Each deal will contain a comprehensive report, which includes:

  • Purchase price;

  • Property details and history;

  • Site and floor plans (current and potential layout);

  • Market value and comparable sales in the local area;

  • Analysis of local comparable and local average rental income, including details of previous similar deals in the area;

  • Economic forecast of the location focusing on deals of economic and future growth;

  • Meticulous breakdown of the financial details, including monthly cash flow, achievable rent, service charges and expenses, yearly maintenance and average void rates;

  • Detailed overview of the area (including amenities, transport links, schools) and its suitability to rent to students or professionals;

  • Refurbishment estimate;

  • Schedule of works;

  • Uplift value and expected rental income per month following refurbishment;

  • Re-mortgage and refinance forecast;

  • Pictures of the property and condition report;

  • Our recommendations for uplift; and

  • Recommended strategy for the property.

Can you manage the renovation work on the property

Yes, we offer a renovation management service that can make the process as hands-free for you as possible. This includes getting the best quotes, managing contractors, collecting keys, holding keys, arranging cleaners, arranging a local lettings agent if needed for long term management, furnishing, arranging gas & electrical checks. So from the time the keys are collected once purchased, to the time the keys are handed over to the letting agent at the end, we will project manage the work to a high standard as if it was one of our own properties. We will take photos along the way to show you progress too.

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