Posts Tagged ‘property investment’

Finding property investment

Friday, March 26th, 2010

If you are in the market for a BMV property investment it is a good idea to stay away from the usual estate agents and use the services of a specialist company. You need to source a specialist firm who can help you to find a genuine BMV property at a genuinely bargain price.

What is BMV?

A BMV property is such when a vendor is trying to sell a house quickly for various reasons but mainly when they are under the threat of it being repossessed. By advertising their home as a property investment opportunity it will attract the right sort of buyer for their needs. i.e. a quick sale!

How do I invest in BMV?

Property investing is a fast growing market as the prices of properties around the world fell dramatically in recent times. This gave buyers the incentive to look into property investing as a way of securing money for the future. Finding a firm that caters directly for this market is almost essential for you if want to find a BMV property and investing can be done at a fraction of the price of a property on the open market as opposed to the BMV market.

How do I find a company to help?

There are a few ways to find a company to help and the primary way is via the internet. With the added bonus of the internet you can check the firm’s website for listings as well as checking reviews of the company by past customers.

Most buyers of BMV houses are doing so to rent it out and make money back for the duration of their ownership. It is a great deal if the money is there to be used and is often a good way to invest for the future. Make sure your research is done in full before parting with your investment money and ensure you only use the services of a BMV property specialist.

The most expensive street to buy property in the UK

Tuesday, March 9th, 2010

Are you thinking of investing in UK property? Well you may want to take a look at Chester Square in London’s Belgravia. This is the second year in-a-row that it has topped the list of the ‘most expensive UK streets to buy a home on’.

Chester Square

In the past 12 months, as prices have been up and down like a yo-yo, Chester Square prices have rocketed by £400,000 to an average of £6.6 million. Many notable residents including the former Prime Minister Margaret Thatcher and Chelsea Football Club owner, Roman Abramovich have houses here. If you want a discount property investment, then this street may not be ideal for you!

Discount property

The price of houses in the UK has been unstable over the past 18 months and this has attracted overseas buyers into the market. The weakening of the pound in the past three years, which has seen a drop of around 25%, is the main allure of the British housing market and it is an excellent call for overseas buyers to start investing in UK property; with the exception of property in Chester Square.

Wales anyone?

Recent house sales in Chester Square have seen houses go for more than £7m and the estate agents, Savills, currently has a six-bedroom home on its books for £15.8m. For discount property investment, but still on the richest street in their area, you may want to take your money over the Severn Bridge and into Wales. They were holding up the list of the top 10 streets to live in within the UK with an average price of a mere £676,320 per home.

Chester Square may be the most expensive street to buy but discount property investment opportunities are still available in the UK and London.You may not be in the market for a multi-million pound home b

Buying at Auction

Tuesday, February 23rd, 2010

If you are looking at purchasing a below market value property you may want to check out an auction. They can be found all over the country and all major towns and cities have auctions selling discount property. Buying a house this way can be done within 28 days, which is the primary draw of buying below market value property this way.

Research, research, research… - You can get a list of properties that will be coming up for auction at your local auction house. However, the discount property may not well be all that it seems so it is a good idea to give yourself plenty of time to research all the ins and outs of the property you are looking at buying.

What happens? - It is then a simple case of turning up on the right auction day and placing your bid, and hope that no one else is looking at the same building as you! You will often get people at auctions who want a house and are willing to pay whatever it costs, which means the property will likely sell for way above BMV status.

How do I pay? - The other important factor about buying a below market value property from an auction is the payment procedure. From the time that the auctioneer drops his gravel the purchaser of the discount property has 28 days to sort out payment or face paying severe monetary penalties. The majority of mortgage lenders will ask you to stump up 15% of the price so be prepared.

For more information on how a below market value property can benefit you, contact Property Banker and see how they can help.

Profit from property with a BMV

Thursday, October 1st, 2009

It is easy to profit from property with a bmv deal. Property investing is a lucrative business and large profits can be made through the purchase of bmv property from London to Newcastle allow property investors to make a return on their investment the very day the contracts exchange.

How can you find a bmv property?

Finding bmv properties is not as easy as you think. Although there are millions of homes up and down the UK with many properties on the market, from London to Newcastle, not everyone will be looking to sell their property at below market value.

A below market value property is usually the result of a motivated seller and not the state of the property. This means that a property is not usually in need of reparation and hence the reason for the discounted sale price. Instead a bmv property is such due to the homeowner not being able to keep up mortgage repayments.

Sometimes propety needs to be sold quickly by the vendor and for this reason bmv property is rarely available through a regular estate agent. Instead a property is sourced by specialist property investment firms like Property Banker who manage the whole process for all involved parties. To keep up to date with the latest BMV properties register today.

BMV Properties: Where do I find them?

Friday, August 28th, 2009

BMV Properties are highly sort after by all property investors. If you are going to spend a huge amount of money on something like property then you want to make sure you are making a good investment. By buying bmv property you are immediately ensuring a return on your investment.

Why does BMV property ensure you a profit?

Most bmv property is sold below market value because the seller must sell immediately. There are many reasons for this but typically the reason is a financial one. The bmv property is put on the market to sell fast. In regular circumstances the property would be worth a lot more but due to the need for a quick sale the property is sold off cheaply.

Beware sometimes a bmv property is not being sold because a motivated seller needs to for financial reasons but due to underlying structural defects which mean that the property at first may appear a fantastic invesment but is actually a nightmare!

To cover yourself from scams make sure you use a reputable company. Property Banker are one of these companies, they have the ability to source you genuine bmv properties. Register today to be kept up to date with the latest offers.