Page 3
The Property Tycoons Newsletter
 

Beware Sale And Rent Back Firms (continued from previous page…)

 

“Her Majesty’s Treasury, the Department for Business, Enterprise and Regulatory Reform, the Department for Communities and Local Government, and the Ministry of Justice, working alongside the Financial Services Authority (FSA) and the Office of Fair Trading (OFT), are therefore seeking to establish further and better information on the sale and rent back market, and the role that these schemes play in the UK housing market.”

In effect they are assessing the
scale of the sale and rentback marketplace as well as a variety of
other things.

It’s worth remembering that the
Property Tycoons community is the largest community of property investors who buy below market value properties in the UK. That means this newsletter will be going out to those who may be responsible for looking at whether

this market should face regulation
in the future and if so, what, how
and when. This article is only a
small piece of the puzzle.

The Time To Voice Your
Opinion Is Now!

Not months down the line when it’s too late. Otherwise you we may be forced to comply with regulations that are partly based on hyped up tabloid headlines and scaremongering.

Government departments need to
understand how valuable the sale
rentback concept can be. Here are
just some of the benefits:

1. Repossession proceedings are
stopped

2. Credit rating is not further
tarnished

3. The seller may end up with more money from a property investor as opposed to having the house repossessed and ending up with nothing

4. The seller could reduce his or
her monthly outgoings to a much more manageable level - I did a sale rentback last year that reduced the previous homeowners previous outgoings from £1,800 per month in debt repayments to £1,000 per month in rent to me. He was (and still is) very pleased with the arrangement.

If you get a moment follow the link
(http://www.shmyl.com/mcfpson) and put your voice forward. Together
we will make a difference.

Parmdeep Vadesha

 

 

Parmdeep’s Bargain Property Marketing Tip Of The Month

 

This month’s marketing tip is all
about the art of giving great service
and taking care of people. Believe
it or not, as property investors we have customers just like any other business – our tenants and the property sellers we buy houses from. To the sellers we sell our fast property buying service and to the tenants we sell our end ‘product’ which is the house in

which they will live.

To be successful in the property
business you need to:

1. Assemble a team of professionals who can work well together. This includes but is not limited to a solicitor, mortgage broker, a handyman, builder,
plumber, electrician, carpenter,

letting agent/s and estate
agent/s.

2. Replace weak links in the
chain as time goes on

3. Watch to make sure your standards are being met

 

 
My Recommended Book Of The Month (continued from front page…)
 

...simple but in reality it doesn’t
quite work out that way! I found
Julian’s tips very handy in this
respect.

The second book is The Art Of The
Deal from Donald Trump. This is
an absolute classic property investment

book for any budding property
Tycoon. Donald has recently gone on to reinvent himself as a Television celebrity and subsequently earned millions and millions in implied credibility and name recognition at a tiny weeny fraction of what it would have costhim to earn the same benefits

through advertising.

That’s why he can command premiums on his property developments and others can’t. He’s a smart cookie is our Donald!

 

 
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