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WHAT WE DO FOR YOU & HOW WE DO IT !
Money-maker.org.uk welcomes you to becoming an
ARMCHAIR LANDLORD / INVESTOR
"When someone shares something of value with you and you benefit from it, you have a moral responsibility to share it with others" ....... our motto.
Money-maker.org.uk is employed as a marketing agent for a market leading company, which:
a) Seeks INVESTORS who want to buy minimal hassle, long term buy to rent "tenanted" properties, where the tenant accepts the day-to-day repair and maintenance responsibilities.
b) Sources RESIDENTS who want to discreetly sell their properties to ease their FINANCIAL DIFFICULTIES or simply want to RELEASE EQUITY to have money for a better life style. These people however want to remain in the same property as long term tenants, accepting many out of the ordinary responsibilities.
The key selling points of the company's service are:
a. Most importantly! ..... The company gets the tenants to agree to be responsible for the day-to-day repair and maintenance of the property for as long as they remain in the property!
The former owners already have all the furniture, fixtures and fittings that they need, so nothing further is required of the landlord. They agree to be responsible for these too for as long as they remain in the property.
These aspects of our service makes buying to let as hassle free as possible and very attractive for investors who are too busy, live far away from the property or are simply not skilled or experienced in property dealing, building work, carpentry or decorating. That should be music to most ears!
b. The company searches out properties which are in areas that we anticipate will show greater growth; and properties which yield a favourable rent for the purchase price. This is essential for the purposes of obtaining buy to let mortgages. Mortgage packages are approved on the properties before we promote their sale. Investors are therefore clear at the onset about the rent that they will receive and the mortgage that they will have to pay.
c. All the properties on offer are independently valued by RICS surveyors at an early stage. Essential updating or refurbishing is done later, ensuring that the properties are of a suitable standard for letting. These works are negotiated with the vendors and the cost of these works is not in the valuation and so is NOT passed on to the buyer.
Many of the properties therefore have positive equity in them and so can be bought at below market value (BMV).
d. The company sets the rent at the market rental value. And, at the onset, the tenants agree that the rent may be raised (at RPI + 2%) annually by the landlord.
e. The company provides a complete package and can get the transaction completed in 1 - 3 weeks. A panel of professionals who work with the company on a daily basis and the company's reputation enable quick completions. Quick completions are vitally important where the vendor is in financial difficulties. The company can therefore recommend highly experienced solicitors, mortgage brokers, commercial insurers and reputable management agents (if desired) and so forth to enable swift completion.
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