FOUR SHIRES v HOMES & INTERIORS
already paid their deposit over the 7 years. The vendors solicitor will receive the £220,700 from the tenant buyers lender, deduct the £200k agreed sale price and return the balance left over of £20,700 to the investor.
On this deal the investors profit is £50k plus the rent v mortgage and a total profit of around £66,800 for an investment of £15k (plus about £2k legal fees).
Most tenant buyers can afford the rent and the top up amounts, but they can’t get the huge deposit to get on the mortgage ladder. Our way is the cheapest way for them to get on the property ladder, and they don’t actually get a mortgage until completion.
Obviously all tenant buyers know right from the beginning the financial commitment they are taking on, and unless they can afford it they will not go ahead, as they know that if they default they will lose a large sum of money they have already paid, this is told to them by me, and also told to them by the solicitor’s.
For anyone looking for a £60k investment, in addition to the above legal fees being paid Knight Property Portfolio may also be willing to pay the additional monthly mortgage costs, until their portfolio is paying twice the additional monthly costs, taking away the fear of having to pay any additional mortgage amount, before seeing any return on their investment.
If you are interested in investing in property that you actually own (rather than just control as above), but only need one deposit to buy your whole property portfolio, then please contact us.
For further discussion and to find out more, please contact Nigel Baker at Knight property Portfolio on 07970 270 425.
All information given is subject confirmation and specific to deals at the time of confirmation.
re us
M n t
nk d
gh
to co
ny doubt efore act ng and/o ndert ke the fo lowing h ee st ps as a matter cour :
Building Design Service T 01865 522812 M 07980 810941 William Green RIBA
Unit 1A Lakeside Farm Middle Aston Bicester Oxon OX25 5PP
design@williamgreenarchitects.co.uk www.williamgreenarchitects.co.uk
MARCH 2012 v FOUR SHIRES 39
WilliamGreenArchitects
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84