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UK Property Market Review - June 09 |
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IPS (International Property Solutions) continues to try and provide value to our clients. There is huge interest in what is happening overseas and whether there are opportunities which South African’s should be considering.
There are three types of people in the world...Those who make it happen...Those who watch it happen...Those who wonder what happened...", which are you?
A classic example of this recently was an investor who recently bought four units in London. One of the fundamental laws in property is to make sure you buy from a motivated seller to ensure that you get below market value properties. IPS had a developer who was offering a 26% discount from the prices in 2007. However we knew they were determined to get a few more sales to get their bank funding and so we managed to negotiate a further 15% for our client as long as he invested in 4 units. That is a saving of 41% or roughly £672,400.00 which, taking the average exchange rate is over R10 million saving.
Many developers have their yearend in the next few weeks and it is very important for them to finalise sales before their accounting periods end. Now is one of the best times of the year to be negotiating with developers as they are very motivated sellers. There are some great opportunities coming to the market!
Topics which will be covered:
- Why should people be looking to invest there? Understand the economy.
- Where is the best place to invest and take advantage of regional opportunities?
- What is the best type of properties to invest in?
- How to arrange finance in the UK? How to fix your mortgage for 5 or 10 years?
- How to take advantage of the strong Rand?
- How to pay no tax on rental income? How tax works?
- How to manage your properties in The UK?
- How to take advantage of IPS services - investment opportunities, bulk pruchases, an investment fund and also sourcing of individual residential and commercial opportunities.
- Basically how to invest in The UK with as little as £10 000 and make the best return!
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