SOURCE TO US
Our Criteria
Commercial Property
That has the potential to be converted into residential accommodation.
Residential Property
To house vulnerable people through long leases to service providers.
For conversion to Houses of Multiple Occupation (HMO)
How to Source to Us
We will always be happy to pay a fee for deals successfully sourced to us, but we will need the following from you as an absolute minimum in order to assess a deal and commit to it:
Deal Summary
- Brief Summary of what the project entails
- Summary of you and your background
Deal Numbers
- Agreed Purchase Price
- Purchase Costs (Itemised)
- Conversion / Build costs (Itemised)
- Build Timeframe
- Project Management Costs (if relevant)
- Sourcing Fee
- Any other relevant Professional Fees (including but not limited to: Architect, Building Control, Planning, Surveys, Marketing)
- Furnishing Costs (if relevant)
- GDV
- Future Rent
- Lending Costs / Rates (if exit is refinancing)
- Local Letting Agent Rates (if exit is refinancing)
Supporting Documents / Information
- Address or Area
- Confirmed Tenure of Property
- Comparable Evidence of Sold / Let Prices
- Comparable Evidence For Sale / For Let Prices (i.e. on market but not sold)
- Detail on local area including population, large local employers, transport links and any other information you deem relevant
- Sales Details (if available)
- Photographs: External & Internal
- Floor Plans: Current and Proposed
- Proposed Build Team and summary of relevant experience
- Proposed Professional Team
- Planning Details