We
have created a simple investment package for Landlords or Investors
who don't want the hassle of sourcing property, arranging refurbishments
and appointing a letting agent. If you require a more 'hands on',
approach or simply require a property, please see our Property
Sourcing section.
4 Steps to Investment
We take the risk and hassle out of property investments.
Many property investment companies simply sell you a fully refurbished
property, make a large profit from the sale and the refurbishment
and then either expect you to find a letting agent or they use a select
few in the local area.
The main problem is sometimes the investment companies will not provide
realistic rental valuations and once you have purchased the property
their job is over... they don't always help you find a tenant!
With NEPI you don’t need to worry about these types of problems.
Our parent company North
East Letting will handle everything from finding the right tenant,
securing the highest possible rental income and will handle the day
to day management of the property.
It’s really easy to get started on the investment property ladder,
below you will see a demonstration of our 4 Steps to Investment process.
Step
1 |
You
will be assigned an agent who will deal with you personally
throughout the process. They will gather all the information
we need, e.g...budget, if you require a mortgage, whether you’re
looking at long term investment or short term etc... At this
point you will also be invited to visit us and view example
properties. |
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Step
2 |
At
Step 2 you will be required to pay a deposit, this will be deducted
from the final purchase price. We will provide you with a range
of properties to choose from. With our help and advice you will
choose a property. The price you see will include all refurbishment
costs and six months management fee from North East Letting. |
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Step
3 |
If
you require a buy-to-let mortgage our independent advisor will
provide quotes. We will agree on a time scale for when the property
will be in a lettable condition, usually 4-6 weeks. You will
make full payment for the property, either to ourselves (if
we own the property) or directly to the current owner. The refurbishment
programme will begin. North East Letting will begin marketing
the property. |
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Step
4 |
The
property will be completed, you will be invited to view the
property if required. The property will be fully handed over
to North East Letting who will move a suitable tenant into the
property and handle the day-to-day management. |
For
further information please call our investment team on 0191 286 3910
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