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Purchasing a property with a value of £153,000 GBP
Fee payable to GIPS on Exchange - 7% of Purchase Price
Fee Includes;
- Property sourced and discounted by at least 10%
- Sourcing the most suitable Bond/Mortgage
- Finding tenants
- Property Management Fee paid in full for 1st Year
- Conveyancing fee up to £1000
- Landlord rent protection guarantee for first year
- Valuation Fee - Full amount
- Co-ordinating the purchasing process
- Guaranteed Yields where possible
- After sales advice - quarterly e-mail investment update
- Access to website including invaluable market research data
Client costs are as follows;
1st Year |
| Term assurance (Life Cover) | £20 |
| Mortgage arrangement fee | £600 |
| Booking fee | £500 |
| Land registration fee | £250 |
| Local searches | £250 |
| Ground Rent | £250 |
| Service Charges | £1200 |
| Furniture pack | £1800 |
| Stamp duty at 1% | £1530 |
GIPS fee payable on exchange |
| Including Broker commission | £10710 |
2nd Year |
| Ground Rent | £250 |
| Service Charge | £1200 |
| Property Management Fees | £1,020 |
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