bmv investment property, discounted property deals throughout the uk

Crimson will take property deals at any stage of the process:
Structured Deals Large Discounts Strong Rental Yield Buy houses pre auction Buy houses pre-repossession

Manchester

16 Plots
Good Yield
RICS valued
1 buyer purchased all

BMV Property (Below market value) is the latest way to make good returns out of the property market.
Register today for full details.

What do we mean when we say 'bmv property' - Any property of any shape or size whether it is a new build apartment or an old cottage if it is being offered for sale below its true value is effectively being offered below market value, a bmv property. Just because a property is being offered as a bmv property does not automatically make it a good deal and does not necessarily make it a good investment. We receive calls from many landlords who can't understand why a house they purchased for 25% below market value isn't generating the return they had hoped for. In this market discount, is only the start of it. There are several key factors which influence a property transaction and depending on the answers will dictate whether you have a good investment property deal on your hands. Please read on to see the typical questions we ask about bmv property being offered to us.

Crimson advertise nationally for people wanting to sell their houses quickly for cash. By doing this we get offered bmv properties from all over the country. We research the rental potential of the property and the location / area, ensure we can obtain a BTL mortgage and offer the packaged deals to property investors.

If you would like to join our registered list CLICK HERE.

We carry out the following research for all property deals:

Rental potential - We speak to several local letting agents to get a gauge as to what rent the property will achieve. We need to know the state of the market in the agents opinion and what class of tenant the property will attract. If as a landlord you prefer bmv properties which attracts HMO's and students, then a property with 30% discount in a town with no college or university is useless to you despite the level of discount.
Survey - We instruct a RICS survey to be carried out on all properties to establish the integrity of the property, a mortgage lenders value and the rental expectation. A survey is worth its weight in gold as on many occasions it reveals details about the property that you wouldn't have otherwise been aware of.
Mortgage - Our mortgage broker will be pleased to discuss your requirements with you once you have reserved a property. Depending on the length of time you intend to keep your bmv property will influence the mortgage you decide to apply for. If you have a short term plan to buy and sell within 2 years, then you do not want a mortgage which ties you in for 3 years just because on face value it has a much better mortgage rate. If you don't have time to research the terms of the mortgages available to you then find a broker who will do the ground work for you. A good mortgage broker who specializes in the bmv market is well worth paying for.
Solicitors - Our deals are structured with a solicitor in place. This facilitates a fast services. Transacting a bmv deal is really easy if you know how, if you don't then things can go badly wrong. There are many solicitors in the UK who specialize in conveyancing. They may cost a little bit more than the local family practice however, in our opinion they are worth their weight in gold. We are regularly told that this newly emerging group of internet based conveyancing solicitors are very cheap. Well all we can comment is that having received call from investors who have used them, many are not experienced in handling bmv deals.
Post Completion - If a property needs redecorating after the owner has vacated, Crimson can arrange for this to happen.