World Property Investor » Uncategorized http://www.worldpropertyinvestor.com/blog Just another WordPress weblog Tue, 24 Aug 2010 15:20:23 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 30pc Off Rics with £5k Cash Back http://www.worldpropertyinvestor.com/blog/30pc-off-rics-with-5k-cash-back/ http://www.worldpropertyinvestor.com/blog/30pc-off-rics-with-5k-cash-back/#comments Thu, 29 Apr 2010 16:41:29 +0000 The Property Profit http://www.worldpropertyinvestor.com/blog/?p=125 Hi,

Our Latest offer to our subscribers is our best yet.  We have been waiting patiently for the right property to utilise this new finance that is on the market.  Finally it seems WPI have full control of a deal which is very attractive for investors and offers them something that is simply head and shoulders above anything else at the moment.

Please note: These are not new builds that aren’t mortgagable, they are all second hand quality units in a prime location.

We have 6 of each of the below options, 12 in total.  Option 1 is made up of 3 units generating high yields, where as option 2 offers 4 units giving a much greater capital return.       

 

  • Option 1 – £10,000 + VAT (£2,000 Cash Back on completion)

 

3 units @ 30% Discount

Value    £390,000

Equity   £115,000

Price     £270,000

Yield     8.9%

 

Mortgage          £1,600

Rent                 £2,000

 

Cash Back £2,000

 

  • Option 2 – £15,000 + VAT (£5k cash back on completion)

 

4 units @ 30% Discount

Value    £665,000

Equity   £200,000

Price     £465,000

Yield     7.9%

 Mortgage          £2,700

Rent                 £3,000

 Cash Back £5,000

 

  • Larger purchases available, please call to discuss.

 

Additional fees:

  • Valuation fee (£350 approx)
  • Legal fees (These are standard conveyance purchasing costs which will be very competitive due to volumes)

 Finance Details:

Private Funding

3yr Fixed rate @ 6.49%

70% LTV  (Based on valuation)

100% Rental Coverage

Discount fully disclosed

No deposit needed

No provable deposit

No stamp duty

 

Fees only payable once a full DIP has been approved by the lender, this usually takes 48 hours.  The fees are payable direct to the lender as an upfront arrangement fee WPI will need a £1,000 refundable reservation fee.

 

We will refund if:

  • The DIP is rejected
  • The property is not delivered
  • The property down values to a level we cannot perform

 We will only not refund if the client pulls out through no fault of ours.

 The address of these properties will only be released once we have a financial commitment as we do not want the address to be banded around the market by people who aren’t serious buyers.  We are 100% confident that the address will be a benefit to this scheme rather than a hindrance. 

 The only risk on this site is the valuation fee.  If they come back too low we will not be able complete and the clients will lose the val fee.  We have had 2 RICS valuations so far this year

 Next Step:

  1. Reservation fee paid via credit card to WPI
  2. DIP completed
  3. Valuation (fee needed from client for this)
  4. Fee paid to lender for finance
  5. Conveyancing
  6. Completion

 Please feel free to ask any further questions!

]]> http://www.worldpropertyinvestor.com/blog/30pc-off-rics-with-5k-cash-back/feed/ 0 Liverpool Portfolio 30% Off RICS http://www.worldpropertyinvestor.com/blog/liverpool-portfolio-30-off-rics/ http://www.worldpropertyinvestor.com/blog/liverpool-portfolio-30-off-rics/#comments Wed, 07 Apr 2010 19:22:00 +0000 The Property Profit http://www.worldpropertyinvestor.com/blog/?p=118 WPI Liverpool Portfolio

Here is a list of 17 x 3 Bed Apartments in the City of Liverpool.  All apartments have been fully refurbished to a high standard and are ready to be tenanted with figures as shown.  The RICS valuation carried out in January of this year states the market value to be £90,000, from the comparable evidence it is clear this is the lower end of the market for the area, so is a conservative figure.

 We have managed to negotiate a 30% discount from this figure giving a great opportunity to investors wishing to increase their portfolio with UK stock.  The apartments are not yet tenanted as it was felt they were better sold vacant, however we have details of a local agent who has confirmed the rental figures are easily achievable and is very confident for full occupancy very quickly.

 We are direct with the developer on this, full brochure and valuation available on request!

 NB: The properties can be split into individuals units, however bulk buyers will take priority….

FOR INDIVIDUALS WE HAVE FINANCE AGREED WITH OUR PRIVATE FUNDS, FULL DISCLOUSRE OF INCENTIVES TO ALLOW NMD DEAL

Summary:

  • Liverpool
  • 3 Bed, Refurbished Apartments
  • Market Value              £1,659,150
  • 30% Discount
  • Investor price:             £1,161,405
  • Equity                          £497,745
  • Rental Yield                 9.66%
  • Finders Fee                 1%
Floor Plot Bedroom Lease (yrs) Service Charge Ground Rent Sq Foot Central Heating Parking RICS              (Jan 2010) WPI Price Discount Equity Expected Rent Annually  Yield
6 24 3 125 500 250 790 Electric Yes £94,950 £66,465 30% £28,485 £550 £6,600 9.93%
25 3 125 500 250 790 Electric Yes £94,950 £66,465 30% £28,485 £550 £6,600 9.93%
26 3 125 500 250 790 Electric Yes £94,950 £66,465 30% £28,485 £550 £6,600 9.93%
27 3 125 500 250 790 Electric Yes £94,950 £66,465 30% £28,485 £550 £6,600 9.93%
7 28 3 125 500 250 790 Electric Yes £94,950 £66,465 30% £28,485 £550 £6,600 9.93%
29 3 125 500 250 790 Electric Yes £94,950 £66,465 30% £28,485 £550 £6,600 9.93%
30 3 125 500 250 790 Electric Yes £94,950 £66,465 30% £28,485 £550 £6,600 9.93%
31 3 125 500 250 790 Electric Yes £94,950 £66,465 30% £28,485 £550 £6,600 9.93%
8 32 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
33 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
34 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
35 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
9 36 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
37 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
38 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
39 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
10 40 3 125 500 250 790 Electric Yes £99,950 £69,965 30% £29,985 £550 £6,600 9.43%
                  £1,659,150 £1,161,405   £497,745   £112,200 9.66%

Any further questions please call Tyler

]]> http://www.worldpropertyinvestor.com/blog/liverpool-portfolio-30-off-rics/feed/ 0 Glasgow Portfolio http://www.worldpropertyinvestor.com/blog/glasgow-portfolio/ http://www.worldpropertyinvestor.com/blog/glasgow-portfolio/#comments Fri, 12 Mar 2010 13:29:48 +0000 The Property Profit http://www.worldpropertyinvestor.com/blog/?p=99 WPI Glasgow Portfolio

Summary

  • Glasgow, G42
  • 70 Luxury Apartments
  • Brochure Price            £10,849,100
  • RICS Vals (Dec 09)    £9,340,000
  • Investor price:             £6,071,000
  • Equity                          £3,269,000
  • Expected Yield            8.68% (Currently vacant)
  • Finders Fee                 1%

If you would like to receive more BMV portfolio’s like the one above, please sign up to the Portfolio Service we offer.

We have direct access to this Glasgow Portfolio  and can supply contrats and all other documentation needed very quickly.  The discount of 35% has been given against the recent RICS valuation (which has already reduced the asking price by just under 15%). The properties are currently vacant therefore the rental figures are estimated. 

I have included the spreadsheet on this portfolio, however it doesn’t always show that clearly.  If you think you would be interested in this please contact Tyler on 0800 988 4338

All properties comply to the full CML handbook and therefore mortgages could be obtained down the line. 

 This has to be sold as one bulk purchase, however if you can buy a large number (over 10 units) then we may be able to accomodate.

                 
  Unit No. Bedroom Size (SQ FT) Original Brochure Price Valuations WPI Investor Price 35% Discount  
  1 1 522 £120,500.00 £120,000 £78,000 £42,000  
  2 1 522 £122,000.00 £120,000 £78,000 £42,000  
  3 1 522 £123,500.00 £120,000 £78,000 £42,000  
  4 1 522 £125,000.00 £120,000 £78,000 £42,000  
  5 1 497 £127,000.00 £120,000 £78,000 £42,000  
  6 1 556 £125,000.00 £120,000 £78,000 £42,000  
  7 1 483 £120,000.00 £120,000 £78,000 £42,000  
  8 1 535 £120,500.00 £120,000 £78,000 £42,000  
  9 1 535 £122,000.00 £120,000 £78,000 £42,000  
  10 1 535 £123,500.00 £120,000 £78,000 £42,000  
  11 1 535 £125,000.00 £120,000 £78,000 £42,000  
  12 1 509 £127,000.00 £120,000 £78,000 £42,000  
  13 1 509 £130,000.00 £120,000 £78,000 £42,000  
  14 2 694 £152,500.00 £140,000 £91,000 £49,000  
  15 2 735 £155,000.00 £140,000 £91,000 £49,000  
  16 2 890 £156,500.00 £140,000 £91,000 £49,000  
  17 2 790 £156,500.00 £140,000 £91,000 £49,000  
  18 2 811 £157,500.00 £140,000 £91,000 £49,000  
  19 2 735 £157,500.00 £140,000 £91,000 £49,000  
  20 2 890 £158,500.00 £140,000 £91,000 £49,000  
  21 2 790 £158,500.00 £140,000 £91,000 £49,000  
  22 2 811 £160,000.00 £140,000 £91,000 £49,000  
  23 2 832 £165,000.00 £140,000 £91,000 £49,000  
  24 2 890 £162,500.00 £140,000 £91,000 £49,000  
  25 2 790 £162,500.00 £140,000 £91,000 £49,000  
  26 2 811 £162,000.00 £140,000 £91,000 £49,000  
  27 2 832 £166,500.00 £140,000 £91,000 £49,000  
  28 2 735 £162,100.00 £140,000 £91,000 £49,000  
  29 2 890 £164,000.00 £140,000 £91,000 £49,000  
  30 2 790 £164,000.00 £140,000 £91,000 £49,000  
  31 2 795 £168,500.00 £140,000 £91,000 £49,000  
  32 2 792 £170,000.00 £140,000 £91,000 £49,000  
  33 2 683 £169,000.00 £140,000 £91,000 £49,000  
  34 2 890 £169,500.00 £140,000 £91,000 £49,000  
  35 2 790 £169,500.00 £140,000 £91,000 £49,000  
  36 2 795 £170,000.00 £140,000 £91,000 £49,000  
  37 2 795 £178,500.00 £140,000 £91,000 £49,000  
  38 2 683 £170,500.00 £140,000 £91,000 £49,000  
  39 2 890 £171,500.00 £140,000 £91,000 £49,000  
  40 2 884 £208,000.00 £140,000 £91,000 £49,000  
  41 2 683 £202,000.00 £140,000 £91,000 £49,000  
  42 2 765 £155,000.00 £140,000 £91,000 £49,000  
  43 2 748 £155,000.00 £140,000 £91,000 £49,000  
  44 2 765 £157,500.00 £140,000 £91,000 £49,000  
  45 2 748 £157,500.00 £140,000 £91,000 £49,000  
  46 2 765 £160,000.00 £140,000 £91,000 £49,000  
  47 2 748 £160,000.00 £140,000 £91,000 £49,000  
  48 2 765 £162,000.00 £140,000 £91,000 £49,000  
  49 2 748 £162,000.00 £140,000 £91,000 £49,000  
  50 2 748 £168,500.00 £140,000 £91,000 £49,000  
  51 2 731 £168,500.00 £140,000 £91,000 £49,000  
  52 2 748 £170,000.00 £140,000 £91,000 £49,000  
  53 2 731 £170,000.00 £140,000 £91,000 £49,000  
  54 2 791 £155,000.00 £140,000 £91,000 £49,000  
  55 2 745 £155,000.00 £140,000 £91,000 £49,000  
  56 2 791 £157,500.00 £140,000 £91,000 £49,000  
  57 2 745 £157,500.00 £140,000 £91,000 £49,000  
  58 2 791 £160,000.00 £140,000 £91,000 £49,000  
  59 2 745 £160,000.00 £140,000 £91,000 £49,000  
  60 2 791 £162,000.00 £140,000 £91,000 £49,000  
  61 2 745 £162,000.00 £140,000 £91,000 £49,000  
  62 2 773 £168,500.00 £140,000 £91,000 £49,000  
  63 2 728 £168,500.00 £140,000 £91,000 £49,000  
  64 2 773 £170,000.00 £140,000 £91,000 £49,000  
  65 2 728 £170,000.00 £140,000 £91,000 £49,000  
  66 2 1021 £210,000.00 £140,000 £91,000 £49,000  
  67 Studio 409 £115,000.00 £90,000 £58,500 £31,500  
  68 Studio 409 £118,000.00 £90,000 £58,500 £31,500  
  69 Studio 409 £120,000.00 £90,000 £58,500 £31,500  
  70 Studio 416 £115,000.00 £90,000 £58,500 £31,500  
    Totals   £10,849,100 £9,340,000 £6,071,000 £3,269,000  
                 
                 
    Type No of units Rent PM Rent (Monthly) Rent (Annual)    
                 
    2 beds  53 £650 £34,450 £413,400    
    1 beds  13 £575 £7,475 £89,700    
    Studios  4 £500 £2,000 £24,000    
    Totals 70   £43,925 £527,100  8.68% Rental Yield, assuming all plots are tenanted as indicated
]]> http://www.worldpropertyinvestor.com/blog/glasgow-portfolio/feed/ 0 Tax Benefits http://www.worldpropertyinvestor.com/blog/tax-benefits/ http://www.worldpropertyinvestor.com/blog/tax-benefits/#comments Fri, 26 Feb 2010 14:21:08 +0000 The Property Profit http://www.worldpropertyinvestor.com/blog/?p=95 Fee Only payable if Claim is Successful

This could be a worthwhile read for you, we haven’t got any that fit the criterea but have a had a few guys that it did, and it paid out with in a few months…

 If you can answer yes to all three of these questions, you are almost certainly sitting on a significant tax allowance or refund:

  1. Was the purchase cost over £150,000?
  2. Do you make the property available for holiday let?
  3. Do you submit a UK Self-Assessment Tax Return?

For a limited time, owners of Overseas Property  in European Foreign Holiday Lets can claim capital allowances. Act now to have the taxman pay you for once!  This scheme is subject to change on the 5th April 2010, so act now, it may be a £10,000 phone call.

If you own a holiday home either in the United Kingdom or within Central Europe, you are probably sitting on a Capital Allowance claim worth tens of thousands of pounds, especially if you purchased in the last 3 to 5 years (because claims are based on a percentage of the purchase price).

Following the recent change in UK Government legislation, huge tax advantage has been extended to UK owners of Furnished Holiday Let properties in the European Economic Area (EEA) – meaning your villa in Spain, Portugal or Cyprus  qualifies for tax relief which could save you tens of thousands in income tax.    The Tax Office have never advertised this benefit, and therefore almost 99% of owners have never made a claim!

 

This benefit is given as either a tax rebate or an income tax reduction on any of the client’s taxable income over the next two years.

99% of our clients tell us their accountants have already claimed all of their allowances – yet we find similar percentages that have additional unclaimed tax relief.

The Capital Allowance claim report can only be produced by Tax specialists with specific HMRC licenses. These licenses are expensive and are generally not held by the general Accountant or practitioner.

You will know if you have claimed your full allowance, an HMRC approved surveyor will have visited your holiday home and noted all of the fittings that were installed, including (air con, heating, lighting, gas etc), when the building was physically constructed, as well as the fittings you’ve installed subsequently. If you have not had a complete survey, then a full capital allowance claim cannot have been applied for. Your accountant may well have claimed for your furniture pack – but that’s a fraction of the allowances you are ENTITLED to.

We need to act fast on this as the rules are subject to change on April 5th 2010

From our experience of working with property investors we recognise that most clients are reticent to pay upfront fees without the certainty that they will gain benefits which exceed their costs.

The good news is that we’ve negotiated a “No-Win, No-Fee” guarantee for furnished holiday let owners.

You have NOTHING to lose by engaging us, and EVERYTHING to gain.

Our service is 100% confidential – we do not report anything to HMRC; your accountant will sign off on our report and will submit this either with your annual tax assessment, or at any time of your chosing (many clients find they are entitled to a rebate and typically this is repaid by the HMRC a couple of months after the claim is submitted).

]]> http://www.worldpropertyinvestor.com/blog/tax-benefits/feed/ 0 Portugal Property for just £5,000 http://www.worldpropertyinvestor.com/blog/portugal-property-for-just-5000/ http://www.worldpropertyinvestor.com/blog/portugal-property-for-just-5000/#comments Mon, 22 Feb 2010 14:00:25 +0000 The Property Profit http://www.worldpropertyinvestor.com/blog/?p=88 World Property Investor invites you to take a look at our latest property investment in Portugal. With just £5,000 of your own money and nothing else you can buy an apartments with nothing to pay for 2 years.

ALGARVE – TAVIRA No Deposit Mortgage Paid 2 Years Guaranteed

 No Deposit
 Mortgage Paid 2 Years Guaranteed
 5 Weeks Own Use Per Year
 Fully Managed 4 Star resort
 20 Mins From Faro Airport
 No Stamp Duty
 Ready Now

In conjunction with the developer we have acquired 22 mainly south facing apartments built to a 4 star standard. Located just 20 minutes away from Faro airport and just two kilometres away from the beaches and within 20 minutes of 6 golf courses. Please feel free to download the PDF file by clicking below or on the picture. Its about 11mg so please be patient. 1 bedroom fully furnished with balcony €126,000 (circa £114,836) 2 bedroom fully furnished with balcony €168,400 (circa £153,090) Full PDF Photo Slide Here For more information on this unique investment opportunity please call us on 0800 988 4338 or email

]]> http://www.worldpropertyinvestor.com/blog/portugal-property-for-just-5000/feed/ 0 Buccament Bay Is Now On Expedia http://www.worldpropertyinvestor.com/blog/buccament-bay-is-now-on-expedia/ http://www.worldpropertyinvestor.com/blog/buccament-bay-is-now-on-expedia/#comments Tue, 17 Nov 2009 18:21:16 +0000 The Property Profit http://www.worldpropertyinvestor.com/blog/?p=51 You can now book a holiday at Buccament Bay through Expedia.  Please click here to view details.  As you will notice room rates are added and you will see that prices are higher than those that have been published previously.  I’m sure you will agree this is fantastic news for the development and it is our understanding that there will be substantial price increases due to the release of this information. We still have availability at the lower price but you will need to MOVE FAST!

Please feel free to view more detail on the Buccament Bay properties and Caribbean Properties here.

]]> http://www.worldpropertyinvestor.com/blog/buccament-bay-is-now-on-expedia/feed/ 0