Hi Everyone!

1st of all we’d like to say a big thank you to all those that have shown an interest in the properties we have advertised so far.

The response has been so dramatic it’s caught us out a bit!! We’ve been inundated with calls asking us about our process and conditions of purchase.

In order to clear this up and allow us to concentrate simply on sales and generating new deals we will be posting our T’s & C’s along with a process map and some FAQ’s.

As we continue with our commitment to bring you nothing but genuinely discounted deals it is important we highlight our unique selling points which we believe are unrivalled within the sector.

Firstly, as it has been very difficult to establish the value placed on properties in the current climate (1.9% rise in Jan, come on!!) each of our deals comes with either verbal confirmation of value or a pre valuation report by a RICS surveyor.

Secondly, as we have nothing to hide with any of our deals, our properties will be available for internal viewing after a reservation fee has been taken. (Except where the vendor is not happy with this arrangement in which case multiple internal photographs will be made available).
A quick overview:

We have found as house prices are bottoming out there are fewer and fewer vendors in a position to accept 30% or more discounts on their properties. Many struggle with even 20% equity to trade. Feedback from our negotiators confirms they are having to generate a lot more leads (at additional expense) before the right deal comes along.
What we will offer:

It’s our intention to remove this time consuming and often expensive aspect of the investment process. We will continue to offer our pre packaged confirmed deals at discounts of 20% and above.

At a time where there are indications of the market turning, it may well be time to consider putting money into property now to secure it in anticipation of an increase in value – possibly dramatic in coming months (certainly in the coming years).



What we can’t do:

A number of people have approached us asking what funding and purchase methods are available to them in today’s market. We’d like to make it clear we offer discounted property investment opportunities and cannot offer financial advice. We can however direct you to several specialists who understand our market place and can help with this side of things.
Another string to our bow:

Until now we’ve never traded in new build properties. I know people who have bought off plan and ended up putting a lot of cash into deals when they thought they’d be taking it out. Others have bought new builds at overly inflated prices in saturated markets, with little or no hope of achieving a rent that covers the mortgage, quite frankly the whole idea scared me!
Like me, many people turned their backs on new build properties but times are changing and developers are offering some fantastic opportunities!

Our suppliers are coming up with some really tempting properties that have been negotiated with developers who simply need to move stock now. So watch out for our new build deals, there’s genuine discount from RICS vals and they stack on rent.
A moving market:

It’s interesting to look back a little over 12 months ago when products and lenders available to the B2L investor meant packaged deals with 10-15% discount were being snapped up. It’s incredible how things have changed so dramatically in such a short period of time.

The fact is the current discounts of between 20-30% offered to Armchair Investors won’t last. As lenders come back with new products, LTV’s increase and fewer vendors are in a position to take significant discounts on their homes, % discounts offered will reduce.

I’ve spoken to a lot of people in the last 18 months who have been waiting for the market to bottom out and turn before making a commitment to purchase.

This could very well be the last chance to jump on board before the rocket takes off again!

This is Property Investment:

Armchair investors looking for £5k out on every purchase are 12 months too late for the party and negotiators looking to take £15k out of every deal are just so 2007, funny how the market changes…

Investing in property is no longer for the get rich quick boys with an eye on the cash and no passion or purpose. It’s a time for long term strategies and consolidation, a time for a measured approach with an understanding of the market.

Property continues to have a truly fabulous return on investment, the bad news for some however is that some ‘investment’ may be required.

We’ll keep presenting you with the best deals available on the market today. If you have any questions on any of our deals don’t hesitate to get in touch. If you have any comment on the above points I’d be genuinely interested in your response, this is a forum after all and we’re all entitled to an opinion.

Many thanks for your continued support.

Alasdair Macdonald
Smart Property Investment Network Ltd.