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The advantage of buying for cash is that you will not have to pay for a mortgage broker, lender mortgage fees or service a loan against the property and though you need to plan for on-going business expenses and tax the entire rental income is yours. Purchasing a Below Market Value property saves you a considerable amount of money against a properties open market value. Our Purchasing Process Register on www.bmvpropertyinvestmentdeals.co.uk to receive email alert of all our new BMV listings. You may also elect to receive advanced notification of targeted new property deals to your mobile phone via Subscribe to SMS alerts... , particularly useful if you are very active but not always in front of your personal computer. Financial Breakdown & Property Particulars for each listed property is found under MORE DETAILS and includes: estimated rental income, estimated valuation; below market value purchase price; estimate for seller’s legal fee; the finder’s fee; our marketing fee; and reservation fee. *Due Diligence. Under MORE DETAILS>Investor Tools are two links for you to satisfy yourself that the neighbourhood, true market value and rental present a real investment opportunity: View a map ... links to MapGoogle where you may zoom in-out of the map of the area and view pictures to obtain an impression of town, its facilities, the street and neighbourhood. Check local area ... links to UpMyStreet where you can read commentary about shopping; leisure, schools, crime and, make valuation and rental comparisons. Reserve your chosen property anytime, 24/7, by logging into the website and clicking MORE DETAILS. Under Investor Tools is a RESERVE button (if it says REGISTER, you are not logged-in). Click RESERVE and answer the initial page about you, accept terms of business and pay the reservation fee. See TOB 010711 section 8.0 for conditions of refund. You will receive confirmation of your reservation by email together with a down-loadable personal data form to complete/return on screen within 12-hours or the listing agent may not hold the reservation. The property listing agent will contact you to confirm reservation. If viewing is required it must be performed within 48-hours of reservation. The seller’s solicitor will liaise with your solicitor to commence contracts. Completion is expected within 4 weeks. Remember to allow for your Buying Solicitors fees. Valuation ~ Our website follows auction house methods and estimates every listing at/near Open Market Value as if key-ready thus, 'following refurbishment' in the case of work required. This practice takes into account similar key-ready property in the same area and means our illustration reflects a more realistic Below Market Value (BMV) discount from the true Open Market Value (OMV) in key-ready condition.
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