Hi,

Hope you are well, and had a good bank holiday!

I am down in London tomorrow, at Novotel Euston meeting investors in the afternoon and evening to discuss investing.

If you would like to meet up, to discuss how Property Secrets operate, and how we can help kick start your investing, then give me a call on 0115 9853963, or drop me an email!

I would be delighted to run through how our team of sourcers around the UK source our distressed investors, and how we find deals, giving us and our investors often £20,000 of equity on day one....!

Many investors have built up huge portfolios this year - and are giving themselves an excellent security for the future.

We can take care of all this sourcing, and we have managing agents in place.

Buying Offplan

Buying off plan was very much the way to invest several years ago, and worked very well in a rising market.

For instance I bought off plan in Leeds city centre 11 years ago, as new build apartments were just starting to be built – and sold on 6 months after completion making a good profit.

This type of investing worked well for investors in Dubai, and many emerging European markets over the last 7-8 years up until 2008 – with investors seeing excellent return on investment before they even completed.

This investing then suffered as the credit crunch kicked in.  Investors hoping to secure 85-95% mortgages then saw loan to values reduce to 65-75% meaning extra funds were required on completion, and this affected some end values.
So done well it can work very well, done badly you can see losses on completion.

So why is this a good time to invest off plan again?

Developers are willing to give very good discounts for those buying off plan to secure some early sales.

We can also negotiate values now often as much as 30% below the peak values, and that is before we then negotiate our discounts!

These discounts now can give us excellent rental yields – which at their peak in the UK had dropped as low as 3% to figures now of around 6-8%.

Due to the credit crunch, very little development has happened in many cities over the last 2-3 years, as developers have not been able to build properties at prices that fitted new values.  Often they have been repossessed and new developers have come along and bought the land at far cheaper prices, allowing them to build out the properties at attractive prices – and they can pass on these savings to investors buying off plan!

This lack of supply has also meant demand is strong from tenants and owner occupiers, and we have managing agents who have confirmed the demand for properties in the areas we have targeted.

So the big attraction now is:

Put down deposit now, with excellent discount negotiated off current values of between 20-30%.

You gain any capital growth until completion – in around 18-24months time.

Brand new properties on completion.

Excellent specification attractive to tenants and owner occupiers .

Excellent location – attractive to young professionals and families, 5 mins walk from Manchester city centre.

We shall have full details of these off plan opportunities in the next 7 days – if you are keen to pre-register for this, or have questions on this type of investing, register here

Why not visit www.propertysecrets.net for our latest articles: this week our new tax expert explains the differences and implications in investing in Property and trading as a Property Developer, CE Invest give us the latest information on land prices in Slovakia and Currency Solutions monitor a weakening Euro in a big week economically in the USA.

And finally...

You can buy distressed property leads that come in to us daily here

This week we have property in Birmingham, Sunderland, Bolton & Morecambe and are still looking for full time agents in each of these areas! Let us know if you want regular leads at unbeatable prices by emailing investments@propertysecrets.net

Check out Alan's video on how you can make money from our leads here

Any questions, please get in touch by calling 0115 9853963 or emailing myself at investments@propertysecrets.net

Have a great week!

Daniel.