It still amazes me when I see other property companies that are still advertising their services.  Not because they are competitors, simply because they cannot provide the service.

The property companies to avoid are:

1. New build properties - There are no mortgages for these properties.  So unless you have at least £100,000 in your bank there is no point looking at these properties as you cannot get finance.
2. BMV Companies - If they state you can bridge and remortgage to buy properties with no money then they are in for a big shock!  Lenders have closed this loophole. We know of two ways around this closure.  Its complex (I just about only get it!) but it works, one of them 100% of the time!
3. Land Sales Companies - There is no finance for land for one simple reason, there is no yield!  You cannot rent an empty field to anyone these days.
4. New Build Student HMOs - These are financial suicide.  They claim you can get £300 positive cashflow, no money down, but they forget to tell you have to buy the property for £400,000.  You get a void for 1 week in the year and all your profit is gone.  I would hate to think what would happen if interest rates went up by 0.25%....

If you want to use a property company other than ours [[firstname]] then make sure you use a company that sources you a property that is greater than an 8% yield and preferably less than £120,000.

We can source you a property from only £30,000 - do you want one?  Maybe you want one hundred?  If so let us know.  We want to get to know the big buyers (as well as the small buyers!) so if you want a large portfolio then tell us the exact specification and we?ll do our best.

FILL OUT PROPERTY SPECIFICATION FORM>>>>>

Ajay

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Posted on: 07th May 2008 @ 11:42:00