Discounted property purchase saves many thousands of pounds.

Net Price Purchase means you only need to arrange your deposit for mortgage on the discounted price of the property.

Mortgage and legal advice will be introduced by the company (see browzer page, MORE DETAILS>Investor Tools) for links to Solicitor for England & Wales, Scotland and Mortgage Broker. 

The process of purchasing discount property is little different from purchasing any other property.

Our Purchase Process 

Register on www.bmvpropertyinvestmentdeals.co.uk and 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. You may also elect to receive by email a weekly summary of available listings.

Financial Breakdown & Property Particulars are found for each listing under MORE DETAILS and includes: estimated rental income, valuation; and, discounted purchase price. Fees will be laid-out as appropriate to that property.

Due Diligence ~ Under MORE DETAILS>Investor Tools are two links for you to use to satisfy yourself that the neighbourhood is desirable, and that the true market and rental values presented offers real investment opportunity:

View a map ... links to MapGoogle when 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 note 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 complete the initial page about you then, accept terms of business and pay the reservation fee.

A reservation fee is refundable should the property be withdrawn or is significantly not as illustrated. 

You will receive confirmation of your reservation by email together with a down-load of a personal data capture form to be completed/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 and commence the purchase process.

Your mortgage broker will undertake a Decision in Principle with a suitable lender and, following agreement, will submit a full mortgage application. There is usually a lender submission fee together with a valuation fee.

Desk-Top Valuation ~ Unless otherwise stated as *RICS valuation, listing agents in England & Wales estimate Open Market Value of the property in its current condition having researched similar property within the same neighbourhood using the popular Estate Agency websites.

Most of our illustrations to website are key-ready meaning they require little/no remedial work before letting.

A higher open market valuation than illustrated should be achieved for property following required refurbishment.  

You may varify the agents research using the same popular Estate Agency websites using GOOGLE. 

*Lenders in England and Wales do not accept existing RICS valuations, so agents rarely waste the fee.

Lender Valuation ~ Unless otherwise instructed, lenders only instruct desk-top valuation for purchase. Purely for lending purposes, they will note the price paid for a property which in a discounted situation bares little resemblance to that properties true market value. This is why you should undertake your own research using the popular Estate Agency website.

LTV ~ As more lenders compete for your business, maximum loan-to-values of 85% may be achieved, subject to status.

Following an offer of mortgage, the seller’s solicitor will liaise with your solicitor to commence contracts.

Completion is expected within 8-12 weeks.

Remember, to allow for your mortgage related costs/fees and your buying solicitor.