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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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