Cash Required - Comparison

 

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Because we pay part of your initial deposit (at legal completion) and also only charge £1,500 total fee, there is substantially less cash required from you at each stage of the investing process, by choosing to invest with The UKPW.

Take a look at the example below to give you an idea of the amount of cash required by investing in a property with The UKPW, compared to investing from a typical competitor. Where we are paying your deposits you will need even less cash. Note the £6,000 refund if you get a 90% mortgage! This means you have paid out £3,000 only. (Yes: you read this correctly)***.

 

Initial Cash required at Reservation & exchange (example)
 
UKPW
Competitor
Normally
1
Property Value
£200,000
£200,000
£200,000
2
Purchase Price
£150,000
£150,000
£200,000
3
Our Fee/Competitors Fee *
£1,500
£5,875
nil
4
Cash to Exchange**
£7,500
£7,500
£20,000
5
Fees at Exchange
nil
£5,875
nil
6
Total Cash up to Exchange
£9,000
£13,375
£20,000
Cash Required at Completion if 85% mortgage
 
UKPW
Competitor
Normally
7
Further deposit from you
nil
£15,000
£10,000
8
Deposit paid for you by us
£15,000
nil
nil
9
Total Cash from you (6 & 7)
£9,000
£28,375
£30,000
Cash Required at Completion if 90% mortgage
 
UKPW
Competitor
Normally
10 Further deposit from you
nil
£7,500
nil
11 Deposit paid for you by us
£15,000
nil
nil
12 Total Cash from you (6 & 10 above)
(-£6,000)
£20,875
£20,000

* We have compared an average 2.5% + VAT(tax) fee charged by our competitors.

** Cash up to exchange means the typical property deposit paid by you to your Lawyers.

***These examples exclude any Professional Fees & Taxes.

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