1. What are Packaged Deals?

Packaged Deals are exactly what it says on the box. It's when we have fully negotiated and agreed a deal with a seller and either carried out an independent R.I.C.S (The Royal Institution of Chartered Surveyors) valuation to confirm the market value and rent for the property, or carried out extensive research on what we believe the market value and rent would be and then offered this for sale with a R.I.C.S guarantee to one of our registered Investor Clients. We then manage and drive the entire sales process through to completion on our Investor Clients behalf. It could not be an easier way for you to expand and grow your UK Property Portfolio.

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2. What must I do to start buying your Packaged Deals?

You must first register with QI Properties. We will then follow up your registration with a brief telephone consultation to help us build a profile on your investment history to date and your criteria on moving forward.

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3. What happens after I have registered with you?

Once you have registered and we have built a profile on what type of property investments you are after, you can leave the rest to us. Our back office team is constantly working on converting deals in order to meet our Investor Client's needs. We will then contact you directly as and when the right opportunity becomes available. Please note that if you are buying with a mortgage, you must have a clean credit file in order to qualify for a loan.

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4. Where do you get your deals from?

QI Properties spends tens of thousands of pounds each and every month in generating leads from motivated sellers in and around the UK. We also have an experienced team who spend hours every day filtering through these leads, and cherry picking the very best which we then package up and advertise for sale to our Investor Clients.

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5. What is a Sell & Rent Back deal?

This is a deal whereby the seller of the property remains on after the sale has completed as a tenant. We have found this to be a brilliant way for our Investor Clients (and ourselves), to add properties to their portfolio and minimize any void periods which are traditionally experienced when buying with vacant possession. We typically arrange with the rentback tenant to cover any maintenance for the first 6 months of the tenancy as well as to expect anything up to a 5% rental increase per annum. On top of this we have found more often than not the tenants look after the property a lot better than a traditional tenant would!

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6. How much does each Packaged Deal cost?

QI Properties charges a finders fee for each property we source for our Investor Clients. This is a flat fee of 2% + VAT of the market value (minimum £2,000 + VAT)

The other costs associated with the sale, which are payable to each respective party are:

Solicitor Fees
Broker Fee (if applicable)
Mortgage Valuation Fee

Contact us if you would like to know an estimation of the overall costs in buying any particular Packaged Deal.

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7. How do I pay for a Packaged Deal?

You can pay QI Properties fees in the following two ways:

Debit or credit card (for no additional charge)
CHAPS

Our fees are due as soon as you have been given a decision in principle from one of our panel mortgage brokers, which generally takes 24-48 hours after you have decided to proceed with a deal and we have instructed our Broker.

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8. What Guarantees do I have?

If the market valuation we have quoted for a particular deal is not achieved, we will firstly aim to renegotiate the deal with the seller on a pro-rata basis for you or if this cannot be done, we guarantee to refund your initial reservation and valuation fee. Lastly, if the deal does not progress to completion due to no fault of yours we also guarantee to refund your initial reservation and valuation fee.

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9. Do you offer a Property Management Service?

Yes, we offer a national management service whereby we fully manage and look after all the properties you purchase through us. The fee for this is a flat 15% + VAT of the monthly rental the tenant pays. The feedback we get from our current Investor Clients utilizing this service is that it takes away all the stress and time consumption typically experienced with property investments out of the equation. It also enables you to have one central point of contact for all your properties, whether they are all located in a small patch or nationwide.

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10. Can I use my own Broker and/or Solicitor?

No. Our internal team and handpicked industry professionals are experienced dealing with the time sensitive deals that we are often selling our Investor Clients. This also enables us to minimize deals falling through while efficiently driving each sale through to completion with very few complications.

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11. Are the discounts real?

Yes. All our deals will have an independent R.I.C.S (The Royal Institution of Chartered Surveyors) valuation carried out at some stage during the sales process. This applies when the property is being bought both with and without a mortgage as we like to confirm the figures are correct and that our Investor Client is getting a true bargain. It is only with new build apartments (something we do not sell) where you cannot trust the developer's discounted values and this is purely due to the lack of comparable evidence to back up what they price their apartments for!

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12. Do you have a joining fee?

No. Anyone can register for free.

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13. What checks do you carry out on the properties?

Other than the valuation report from an independent R.I.C.S valuer, QI Properties will provide you with a Property Condition Report, which includes interior and exterior pictures, for each deal as well as detailed comments on the floors, walls and ceilings for each room. What we have found is that this helps our Investor Clients make an armchair decision on buying any property that we offer on our website, within minutes.

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14. What happens if the market crashes?

You have to remember that the big money in property is made in the long term with capital growth. All you have to do is make sure you can cash flow your portfolio in order to experience this growth. The average UK property doubles every 7 to 10 years, and it is normal to have periods within these time frames when prices drop, stagnate and then rise. Also remember that you have bought at a discount so you should always have equity in your property to act as a buffer if you were to sell before the 7 - 10 year period where you can expect your investments to have traditionally doubled.

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