READY MADE DEAL: Gosport - PO12 - 2 Bed Terrace House - 2,200 CASH BACK - REF 965

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READY MADE DEAL: Gosport - PO12 - 2 Bed Terrace House - 2,200 CASH BACK - REF 965

INVESTOR OFFERING -

Investment Type: Armchair investment - No Money Down deal with Cash Back. All negotiation has been carried out and the purchase price is agreed.

Location: Gosport - PO12

Property Details: 2 Bedroom Terrace House
Tenure: Freehold
Vendor Situation Mortgage Arrears

Market Value: 110,000
Purchase Price: 84,000
Market Value Discount: 23.6%
INSTANT EQUITY: 26,000

Property Details:

This is a 2 bed terraced property in a great rentable area.. Main Features: Rear Garden.

Mortgage Examples:

For buy-to-let:
85% LTV
Based on 5.39% fixed
Cash back at purchase around: 2,200
Mortgage payments around: 430
Rental Value: 575 pcm
Equity in property: 14,100

Finders Fee: 4,000

Please note:

Cash back figures above include an estimate of all buying costs (see below for details) including finder's fees.
Mortgage product subject to status. Mortgage figures are subject to change without notice. Please call for an illustration. Mortgage application fee of 2.5% added to the loan amount (already calculated in the figures above).
Buyers may provide their own finance if preferred.

Upfront costs:
Reservation Fee: 1,000 (deducted from the final Finder's Fee)
Packaging Fee: 550
Mortgage Broker Fee: 0

Valuation Fee: 250

Legal Fees: 400 (deducted from the final legal bill)

Other Fees:
Buyer's Legal Fee: 525 + vat + disbursements
Vendor's Legal Fee: 495 + vat + disbursements
Stamp Duty @ 1%: 0
Bridging @ 0.75% 630

Bridging Legal Fee: 195 + vat

Cash back at purchase after buying costs and stamp duty: 2,200

To purchase this deal, please click on the following link:-

http://www.rapidpropertybuyers.biz/associates.html

Terms and Conditions:

We will refund your valuation fee and your reservation fee in full if the official valuation figure provided by the mortgage lender is lower than what we have stated. It will be refunded only if you decide to withdraw from the purchase within 24 hours of receiving the valuation figure.

The reservation and packaging fees are non refundable, except in the case of receiving a lower valuation as stated above.

Viewings of the property will only be carried out after the valuation has been booked.

Finders Fees are payable in full on completion.

Costs quoted are for guidance only and may vary. They will also incur VAT where applicable.

We do not accept responsibility for any expenses or losses incurred by you.

The Market Value quoted is provided in good faith and will be confirmed by the lender's valuer.

No information presented in these particulars and/or displayed on Rapid Property Buyers web site constitutes or forms part of a contract, with the exception of the stated terms and conditions.

Rapid Property Buyers is not a licensed investment advisor or a licensed estate agent.

Rapid Property Buyers is not authorised by the Financial Services Authority to provide investment or financial advice.

In paying the reservation fee you agree to these terms.

Disclaimer: Rapid Property Buyers and Homekeys.co.uk Ltd, their directors, affiliates, officers, employees, agents, contractors, successors and assigns (herein "RPB&Homekeys") do not accept any liability for any investment decisions made on the basis of, arising out of, or in any way related to, the use of this information. The information and services provided by RPB&Homekeys do not constitute financial, investment or tax advice and should not be taken as such. RPB&Homekeys urge you to obtain professional advice before proceeding with any investment. Whilst we take reasonable care to ensure that the information we provide is accurate and up to date, we cannot warrant that it is. Some products and services may be available at a lower or higher cost than quoted in this communication. If you would like a detailed mortgage illustration, please ask for a referral to one of our independent mortgage brokers. RPB&Homekeys promote products and services specifically designed for use in the United Kingdom only.

Kind regards,

Lorraine

Phone: 0845 5210970

E-Mail: info@homekeys.co.uk

Website: www.homekeys.co.uk

Disclaimer: Homekeys.co.uk Ltd, its directors, affiliates, officers, employees, agents, contractors, successors and assigns (herein "Homekeys") do not accept any liability for any investment decisions made on the basis of, arising out of, or in any way related to, the use of this information. The information and services provided by Homekeys do not constitute financial, investment or tax advice and should not be taken as such. Homekeys urges you to obtain professional advice before proceeding with any investment. Whilst we take reasonable care to ensure that the information we provide is accurate and up to date, we cannot warrant that it is. Some products and services may be available at a lower or higher cost than quoted in this communication, for example, where an intermediary has negotiated special terms with the provider. If you would like a detailed mortgage illustration, please ring Homekeys.co.uk Ltd. on 01344 876027 and ask for a referral to one of our independent mortgage brokers. Homekeys promotes products and services specifically designed for use in the United Kingdom only.



22/01/2008 00:00

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