Q: What’s the secret of building a successful property portfolio and retiring on a guaranteed income for life?

A: OPM – “Other People’s Money”

Buying property AT BELOW MARKET VALUE can help you to reduce the cash deposit you need to complete the purchase.

Typically, when you buy a buy-to-let property you need to put in 15% of your own cash to purchase the property - this is based on your being able to obtain an 85% mortgage.

However, with Fast-Track's Below Market Value Property, the specialist mortgage brokers we introduce you to could obtain a mortgage for you so that part - or all - of the deposit can be subsidised by the discount.

In short, you're able to reduce the amount of capital required ... and potentially BUY TWO PROPERTIES FOR THE SAME OUTLAY AS YOU’D TYPICALLY NEED FOR ONE!

Don't buy another buy-to-let property until you've spoken to us FIRST.

New-build, repossessed, re-sales properties sourced with DISCOUNTS of 15-25% below value
Use the discount to reduce your deposit
FREE to register. Nothing to pay until your first purchase
Full due diligence of all properties and developments on offer by our in-house team:
  • Independent property valuation by bank-appointed surveyor to confirm genuine price reductions
  • Rental assessments from bank-appointed surveyor plus 3-5 local letting agents
  • Comparables prices from local properties and land-registry
  • A Fast-Track representative visits all properties before launch
  • We work with quality national builders such as George Wimpey, Bryant Homes, Persimmon, banks and private individuals, etc
We help you to start marketing your property for tenants and, in some cases, are able to get rental guarantees.
FREE private consultation with your personal Account Manager
Email alerts of latest below market value properties
Introduction to specialist solicitors and mortgage brokers to REDUCE YOUR CASH OUTLAY.

  Register now and learn about our latest opportunities.

The current "credit crunch" - with high interest rates and high requirements for rental coverage, means that fewer deals work as No Money Down.

Some are still achieveable, but invariably mean high interest rates and a monthly shortfall ie the rental income does not cover the mortgage.

As an investor, you are faced with a choice.

Lowest money in - meaning highest borrowing, less favourable interest rates and highest mortgage payment.

Or more money in - meaning lower borrowing, better interest rates and lower mortgage payment.

For most purchases you are likely to need 20%, 25% or even 30% deposit - but with the discount being used to subsidise it - you can get away with 5-10% deposit.

Still infinitely better than needing the full amount - as the following example shows!

HOW TO BUY TWO PROPERTIES FOR THE SAME CASH OUTLAY AS YOU’D USUALLY NEED FOR ONE!

Here's how it works ...

  Funding Property The Traditional Way Funding Property The Fast-Track Way
 Retail Value £150,000 £150,000
 Deposit £30,000 £7,500
 80% Mortgage £120,000 £120,000
 Discount/deposit (15%) £0 £22,500
 Net Price £150,000 £127,500
 Arrangement Fee £0 £3,999
 Typical Acquisition costs £3500 £3,500
 Total Cash Outlay £33,500 £14,999
The above example is based on the 15% discount being used as the deposit on completion and is subject to status for buy-to-let mortgage purposes.
Acquisition costs include mortgage broker fees, legal fees and stamp duty

Let's say you obtain a buy-to-let mortgage to purchase a property, which has a developer's list price of £150,000.

As you can see, funding the property in the traditional way would need a total cash outlay of £33,500.

Funding the Fast-Track way, with a 15% discount requires a total cash outlay of only £14,999. NB - This is a typical example - although some properties come with higher discounts, and can reduce the deposit. With some we don't even charge our fee.

The £33,500 you’d need to purchase ONE property can now be used to buy TWO.

It’s easy to see how you could quickly own a substantial property portfolio - and be in instant profit, due to the bargain prices.

 

Call us now on 0207 758 2580 for details of current BELOW MARKET VALUE PROPERTIES.

 


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