Property Sourcing Service

Property Sourcers Are Effectively Estate Agents

It’s often not realised that property sourcers need to comply with the same regulatory frameworks and legislation as estate agents. These include:

• Estate Agents Act 1979 – ensuring that property sourcers work in the best interests of both buyers and sellers and they are treated honestly, fairly and promptly
• Consumers, Estate Agents and Redress Act 2007 – protects home sellers and buyers from unscrupulous practices
• Data Protection Act 1998 – protect personal data stored on PCs, mobile / tablet devices or in organised paper filing systems.
• Unfair Terms in Consumer Contracts Regulations 1999 – protect buyers and sellers against unfair terms in contracts and other forms of sourcing agreements
• Competition Act 1998 – prohibits anti-competitive agreements between property sourcers and their buyer or seller clients
• Consumer Protection from Unfair Trading – control unfair practices used by sourcers when dealing with buyers + sellers (and create criminal offences for sourcers that breach them).

Our skills include:

• Relationship building (with our clients, auctioneers, property developers and off market properties)
• Negotiation to secure the best possible deals
• Research (to find the best property investment opportunities)
• Presentation of deals related to property investments
• Attention to detail needed to assess legal and financial considerations and handle administration
• Ability to take charge of situations

We can can offer several benefits, especially for real estate investors or those looking to buy property for personal or business purposes. Here are some key advantages:

1. Time-Saving: We do all the legwork for you, researching properties, scouting locations, and finding the best deals. This saves you hours or days of searching, especially if you’re busy or new to the market.

2. Expertise and Local Knowledge: We are typically well-versed in the local property market. They have knowledge of areas with high potential for investment, as well as access to off-market deals that might not be publicly available.

3. Access to Off-Market Deals: We can offer access to exclusive or off-market properties, which may not be listed on popular real estate platforms. These deals might present better opportunities for negotiation and higher returns.

4. Negotiation Power: We are experienced negotiators. We can often secure better prices or terms than you might be able to on your own, leveraging our knowledge and relationships with property sellers.

5. Increased Efficiency: We will handle the research and initial vetting of properties, you can focus your efforts on the final stages of the purchase, such as financing and closing. This streamlines the entire process.

6. Risk Mitigation: We will perform due diligence on properties before presenting them to you, helping to avoid potential pitfalls like legal issues, hidden structural problems, or poor investment prospects.

7. Tailored Property Search: We typically work with you to understand your goals (whether it’s buy-to-let, flipping, or personal use), and will tailor their search to find properties that match your criteria, maximizing your chances of making a good investment.

8. Networking: We have connections within the real estate industry—lawyers, builders, financiers, etc.—which can be useful for streamlining the buying process and potentially saving you money.

9. Investment Potential: By using us to source a property for you, you may gain access to properties with high potential for appreciation, rental yield, or capital growth, which can enhance your investment strategy.

Overall, using a property sourcer can be a smart move if you're looking to save time, find better deals, and leverage expert knowledge in a competitive market.

Our Property Solvers Investor List provides investor profiling. When investors sign up to the list, they are asked to fill in details that include:

• The types of property investments they’re interested in
• The regions they’re interested in investing in
• The amount they plan to invest
• Percentage of market value they’re willing to pay
• Available cash funding and proof of funds
• Investing experience

TYPES OF INVESTMENTS WE HELP OUR CLIENTS WITH:

There are various types of property investments, each with its own set of opportunities, risks, and returns. Here are the main types of property investments we help our clients with:

1. Buy-to-Let (BTL)

• Description: Buy-to-let properties are purchased with the intent to rent them out to tenants, typically for a steady stream of rental income.
• Pros: Steady cash flow, long-term capital appreciation.
• Cons: Management responsibility, maintenance costs, potential void periods, changes in tax laws.

2. HMO (House in Multiple Occupation)

• Description: HMOs are properties rented out by the room to multiple tenants, often shared among students, professionals, or individuals.
• Pros: Higher rental yields than standard buy-to-let, potential for more rental income.
• Cons: Increased management complexity, need for licensing, higher maintenance costs, stricter regulations.

3. Flipping (Buy, Renovate, Sell)

• Description: This involves buying a property that requires renovation, improving it, and then selling it for a profit.
• Pros: High profit potential if done correctly, quick return on investment.
• Cons: Time-consuming, risk of not being able to sell at the expected price, high upfront costs for renovations.

10. Serviced Accommodation

Service accommodation refers to properties that are available for short- or long-term stays, providing hotel-like amenities such as cleaning, linen changes, and utilities included in the price. They offer the comfort and flexibility of a home with some of the conveniences of a hotel.

Here’s a quick breakdown:

🏠 What It Typically Includes:

• Furnished space (bedroom, living room, kitchen, etc.)

• Bills included (electricity, water, internet)

• Regular cleaning services

• Linen and towel changes

• Kitchen facilities (so guests can cook)

• Wi-Fi and TV

💼 Who Uses Them?

• Business travelers

• Tourists (short stays)

• People relocating or in-between homes

• Contractors or workers on temporary assignments

WHY CHOOSE US TO FIND YOUR NEXT GREAT PROPERTY DEAL:

• WE ARE FULLY COMPLIANT
• BUILD TEAM WITH EXPERIENCE AND KNOWLEDGE READY
• SOLICITORS THAT ARE EXPERT AT THIS FIELD TO HANDLE YOUR PROJECT
• EXTENSIVE RESEARCH USING SOFTWARE TO MAKE SURE YOU ARE IN THE RIGHT LOCATION THAT WILL GIVE YOU EXCELLENT PASSIVE INCOME
• WE USE OUR IN HOUSE DATA ANALYZER TO SEE IF THE NUMBERS STACK UP
• GUIDANCE AND KNOWLEDGE PROVIDED
• WE WILL BE WITH YOU ALL THE WAY FROM START TO FINISH OF YOUR INVESTMENT

Conclusion:

Each type of property investment has its own benefits and risks, and the best option for you will depend on your financial goals, risk tolerance, and the time you can commit to property management. It's important to do thorough research and consider factors such as location, the state of the market, and your own investment strategy before making a decision.

Our Fee's For Finding You Profitable Deals

Fee Type	Description
Reservation fee	£499 - A commitment fee paid before we starts working on a property deal
Success fee	£499 - A fee paid to us upon the successful completion of a property deal
Retainer fee	N/A - A fee paid periodically to us for ongoing or repeat property sourcing services