INVESTMENT
BUY TO LET SCHEME |
Non UK resident clients of Faulkner International can now purchase property in the UK for investment, long term hold, immediate or future personal occupation or resale.
Faulkner International are pleased to offer their services to assist non UK resident clients to purchase their own freehold property in the UK, either Existing properties or New Build properties, Off Plan or existing built new development stock are available all over the UK to the clients specification.
Faulkner International will take an initial brief from the client and from our operation in the UK, locate the property, arrange the mortgage, instruct conveyancers to proceed and complete the purchase, instruct the surveyors to independently confirm the property valuation for mortgage purposes, instruct a letting agent to securely let and manage the property, if required.
In fact a complete "Turn Key" service exclusively for all Faulkner International clients regardless of Nationality, but subject to status, in most cases.
Full freehold title is available directly to the purchaser This service is not a fund, group ownership or a time share scheme.
The properties can be houses, apartments, cottages, mansions, in fact any residential property.
All funds to purchase the property are remitted directly to the acting conveyancers or solicitor and held to the clients account.
Faulkner International only act as liasing agent between all parties.
|
 |
Faulkner International
can act as
your representative
setting up an Investment Buy-to-Let Scheme
in the UK!
|
|
 |
| Click above to request a call back from a Faulkner International representative. |
|
|
  |
|
 Investment Buy to Let Scheme |
|
- Pre-built and Off Plan properties available now or to be finished ready for occupation within 6 months
- Both houses and apartments are available
- All off plan properties are built by highly respected major UK house builders and situated in desirable residential areas with vast majority of neighbouring properties owner occupied
- There is no minimum time limit for resale and re-saleable value maintained throughout ownership
- Capital growth will rise in line with area average.
- Broad property choice over whole of United Kingdom
- Maximum loan to value is 80% of purchase price
- Procurement Fee of 5%
|
|
| Mortgage Details and Table of Fees. |
|
A maximum of 80% loan to value is available on the buy to let mortgages. There is a
choice of interest only or repayment mortgages with typical options as follows:
- Interest Fixed for 2 yrs at 5.49% including 3 year tie in period
- Interest Fixed for 2 yrs at 6.24% with no tie in period
- Tracker at Base Rate plus 1.65% with no tie in period
The Fees applicable in the purchase are:
- Reservation Deposit
- £1000 on properties up to £200000
- £2000 on properties over £200000
- Procurement Fee 5% of Purchase Price
- Legal Fees – includes part-exchange, contract searches, land registry fees, conveyancing fees Approx. £1100
- Survey Fees
- Standard Valuation Approx. £250
- Homebuyers Report Approx. £350
- Structural Survey Approx. £500
- Stamp Duty
- £0 - £120000 0%
- £120001 - £250000 1%
- £250001 - £500000 3%
- £500001 + 4%
- Mortgage Broking Fee 1% of Mortgage Drawdown - this can be added into mortgage.
- Management Letting Fee: 1O% of Annual Rent
|
|
| Value for Money |
|
We charge 5% of the purchase price of the property chosen by you.
For this:
We identify and secure suitable investment properties for you worldwide
We negotiate the best sale price with the vendor on your behalf. We expect to be able to save you at least
our 5% fee as a reduction on the vendor’s sale price
We liaise on your behalf with:
- Vendor’s estate agent
- Your solicitors and conveyancers
- Your mortgage broker
- Your property management agent
Our consultants will complete all the necessary paperwork required to facilitate purchase of the property, at your
home or one of our international offices local to you.
They will complete and deal with:
- Instruction letters
- Application Forms
- Verification of identification
- Proof of income
- Anti-money laundering documentation
- Payment of fees
We keep up to date on current mortgage offers that will offer you the best deal for your specific circumstances.
We know how daunting it may seem to purchase an investment property from a distance, but we are here to help you
worldwide to complete the purchase of your own investment, as quickly and efficiently as possible.
|
|
| More Information |
|
 |
 |
|
|
 |
|
| Next Steps |
|
 |
 |
 |
|
