About
UK PROPERTY EXPERTS
Humble Beginnings
Our introduction to the world of property investment began as a general course on investment. The course demonstrated the unique opportunities property provides in investment leverage to acquire growth and yield. With the right strategy, a minimal injection of investment capital can be compounded to provide passive income to supplement or replace existing income, culminating in financial freedom.
Legacy Mentorship
Next we formally educated ourselves with a highly reputable property education firm. We attended courses in Switzerland and the UK. We learned specific core competencies including goal setting, strategy development, area selection, lead generation and marketing, property analysis and deal assessment, portfolio management and running a business. But property is not just about what you know, a large part is who you know, and there we invested a lot of time networking and vetting the right connections.
Company Incorporated
Paget Property Investments Ltd. was born. The best vehicle to acquire a mortgage in the UK is with a limited company. It reduces the tax burden while also allowing us as overseas property investors to obtain a mortgage. Paget Property Investments Ltd. is a small company which relies on distributed services from a team of experts in accounting, brokering, foreign exchange, property sourcing, surveying, conveyancing, and letting.
First Property
Using the knowledge gained and network of expertise we were able buy our first property. As part of our due diligence, the deal was fully analyzed and itemized before we invested. On completion the result matched the projected returns. We were then able to obtain a mortgage on the property, which released most of our equity. All the day to day costs were completely supported by the rental income. With the management of the property in the hands of a letting agency, this left us with a positive income that was completely passive.
What We Do
PROPERTY • BUY/SELL • UNITED KINGDOM
We invest in UK properties. If you have a property or a portfolio to sell, and you are looking for a fast painless transaction, then we might be the buyers for you. We deal in a range of properties but are particularly interested in those hard to sell properties that may require a bit of extra work.
INVESTMENT STRATEGY
Our investment strategy is cashflow. We negotiate for a win-win scenario with the seller. Refurbish the property. Tenant the property. Then give the property to a reputable letting agency to manage. The incoming rent pays for operating expenses, letting fees and the interest on the mortgage. The property is then self funding, allowing us to draw the excess rent as passive income.
PROPERTY SEARCH
Choosing the right property requires research and on the ground knowledge. There are various facts and figures that separates a worthwhile property from a dud. But even when the figures add up, there could be local factors that can cause surprises. We therefore use certified local agents to vet all our property deals.
SURVEYING AND COUNCIL SEARCHES
Before buying a property, we undertake a survey and various council and legal searches. This will confirm or negate any potential problems associated with the property. We do this with all our properties.
CONVEYANCING
If the property passes all our stringent tests, surveyor’s report and legal searches, we will then orchestrate the exchange and completion of the title through one of our UK lawyers.
REFURBISHMENT
We then look to add value to the property with a refurbishment. We use vetted builders to organize the refurbishment of the property. Refurbishment creates equity, which can then be released through a mortgage or by selling the property to a happy home buyer.
MORTGAGE BROKER
Today’s UK financial market has become increasingly stringent when it comes to lending. It is particularly hard for foreign investors. Lenders want to see a UK credit history and a UK tax statement. Mortgage underwriters also want to see a 2 year track record of managing a tenanted property. We own a UK limited company with over 3 years of property experience and a very good credit history. This eases access to the UK mortgage markets, but there are no guarantees.
Portfolio
UK • PROPERTY • INVESTMENTS
Our Amazing Team
LET US HELP YOU GET INTO PROPERTY
We are not a registered financial institute and are not authorized to give financial advice. We are able to facilitate the procurement and purchase of property for the knowledgeable investor. However we recommend that you seek advice from your own qualified financial advisor prior to proceeding with any investment.
Let’s Work Together
INQUIRE ABOUT WHAT PROPERTY INVESTING CAN DO FOR YOU
Submit your details and we will contact you. If you live in Zürich Switzerland, we will invite you out for a FREE coffee.
