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Ieuan listened to me and was very understanding. He was a respectful young man and suggested 2 options on how to move forward without them being offensive.
I have spoken to many property service companies but Ieuan was informative and felt as if I was speaking to an actual person, Very knowledgeable and did not involve too much jargon, great company.
I needed to sell due to personal reasons and never gone through to process before as my ex-partner did it all. Ieuan helped me through each step what a relief.
Then we are more than accommodating, our range of qualified investors is from those enquiring about their first property to some who already have, or working towards their own portfolio.
With all investing vehicles, there is an element of risk to reward. However, property investing is unique where the asset value typically doubles every 10 years while paying monthly dividends in a form of rental income and leveraged through a mortgage for higher returns and achieving an income revenue that could only change your life.
Through our years of experience, we have found that the reasons for selling below market value often fall into a few camps: divorce (a former couple needing to sell to move on with their lives), debt (anything from simply looking to release equity to pay off bad debt, to being on the precipice of repossession), inheritance (when a property is inherited, it usually needs quite some work, and multiple beneficiaries are often looking to sell to get their share of the asset) and relocation (anything from moving away for a job, to downsizing from a home of many years that may require a lot of modernisation).
However, while these 4x themes are common, there are a host of reasons we have found people sell below market value; from ‘not liking estate agents’ to selling to ‘buy a go-go bar in Thailand!
Sales on the open market take an average of 7 weeks to simply get to sale agreed on the property, and a further average of 11 weeks from sold to completion (theadvisory.co.uk). It’s understandable why people may not wish to or may not have 18 weeks to sell their house, and this timeframe is only if it goes through in one go! With an estimated 1 in 3 sales on the open market falling out of bed, we provide an offering to sellers which gives speed, but more importantly, much more certainty that their sale will go through – both being core reasons why vendors accept a lower price.
Only if you want to! Because of the large volume and variety of off-market deals, we secure we encourage registered investors to specify which regions (counties) they are interested in opportunities in. So, you could be looking either just in Kent, or in the entire North East of England, and we’ll only send you deals in those regions.
You will also receive an availability list with all deals once a week (on a Saturday morning) – many of our investors enjoy checking the properties to see what is available in other regions.
With each property we secure and send to you, we provide a range of information, including the address and estimated value and estimated rent of the property, pictures of the property, comparables to support and showcase the market value or potential of a property, and further information on both the house itself and the area it is in.
We charge a fee of 3% + vat of the purchase price of the property, subject to a minimum of £3,000 + vat. This fee includes the reservation fee, so on a £100,000 property, the fees paid would be £1,000 + vat to reserve, and £2,000 + vat on exchange of contracts.
A property is secured buy signing a reservation form and paying a £1,000 + vat reservation fee. As you can imagine, many of our opportunities are much sought after, but once the reservation fee is paid, this locks the property out for you against other prospective buyers.
The reservation fee is in place to provide security for both yourself; locking out the investment opportunity from others, and to show to both us and the vendor that you are willing to move forward to completion. If the vendor pulls out, or there is an unresolvable issue with the property, the reservation fee is fully refundable. However, if you change your mind, or stop moving forward with the purchase, then the reservation fee is non-refundable.
We work with investors from across the globe- and are particularly familiar with investors working from Hong Kong, the United Arab Emirates, and Australia.
We recognise that investors from different parts of the world have different nuances in how they like to work, and are appreciative of the time differences when calling, as well as some of the important differences in solicitor choice and mortgage availability. Register to speak to one of our consultants to best understand how we can help you.
We do offer this service – please give us a call on 0113 863 1444 or register and mention this on your call with our property investment consultants, who will provide more information to you.
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