1. View our deals - You can view previous and current Done Deal Alerts by clicking here:  Archive Homepage - please visit this site if you have recently joined our subscriber list.
2. Text message alert service - You can receive Done Deal Alerts to your mobile. To sign up to our text message alert service click here:  Text Alerts
3. Purchase cost funding - for a completely NMD purchasing method - you can borrow the entire pre-completion costs of the deal (brokers, reservation fee, survey and searches) - see next section.  This service is only offered to experienced investors, or those who have bought property through us before, at our discretion.
4. 100% 'No Money Down' financing scheme - We now have a fully compliant and comprehensive NMD financing scheme in place.

1. Market Value:                                        £ 90,000
2. Your Price:                                               £ 70,200 (including FF)
3. Below Market Value By:                      22%
4. Rentals:                                                      £ 495 pcm to tenant on full 2 bed LHA rates, or £475 ish on open market.
   

1. Different LTV mortgages examples - note that 85% + may not be possible on traditional buy to let mortgages, but other finance suggestions are included later.  NB this does NOT stack for 85% BTL.
   
2. 90% LTV -  let-to-buy - you could get around £8,800 cashback towards fees.
3. 85% LTV - let to buy - you will get £6,300 gross cashback - this should be completely 'no money down' after all fees.
   
4. 80% LTV - you will require around £1,500 ish for purchase fees, but will have a better mortgage rate, and £18,000 in equity. 
   

1. Reservation Deposit (to secure the deal)        £ 500  - This is fully refunded upon successful completion of the deal. This may be waived if you have previously purchased property through us and is charged to new investors only, to ensure we do not attract 'time-wasters' who may end up causing harm to our vendors.
   
2. Broker fee                                                               £ 395 
   
3. Survey                                                                      £ 300 ish
4. Search Fees (solicitor)                                     £ 250
5. TOTAL - depending on (1) above, you could pay between £950 - £1,450 during the purchase process.
   
6. You may borrow the upfront costs from us - you will be charged £150 for this service, and the entire amount, including this fee, will be deducted from the completion amount.  This is subject to terms and conditions - please contact me to discuss.
   
7. Notes -  1, 2 and 3 above are only payable after you have had 24 hours to do you own due diligence and have decided to take on the deal, and
   you have had a successful 'decision in principle' from our brokers.  3 is an approximate figure and may change according to lender or property price range. 4 is payable to the solicitor, unless otherwise stated above, but only after successful valuation result.  
   

• 'Your Purchase Price' - see above - is calculated by adding the actual Agreed Price (AP - agreed with the vendor) to the Finder's Fee (FF) payable. 
• Both the AP and FF are private and will be revealed only to the investor chosen to proceed with this deal. 
• The FF is payable upon completion and comes from the completion funds if you choose to use our NMD finance scheme. 
  

1. NMD finance - £1,500
2. Finders Fee - if you paid a reservation fee, you will be rebated this back along with the rest of the cashback.  The FF is described above, and doesn't actually affect any of the figures given in this email.
   
3. Legal fees - you agree to pay both purchaser and vendor legal fees which should come to around £1,200 total on a typical 100k house
   

Past and Current Deal Archive:

Archive

No part of this email constitutes or forms part of a contract.  White & Co is not a licensed estate agency or licensed investment advisor.  White & Co is not authorised by the Financial Sevices Authority to give investment or financial advice.