Cash Purchase Deals
Cash purchase deals are for properties that need to be purchased without a mortgage. They may not be in a fit state for a mortgage, are of unusual construction or do not meet lender’s criteria. However, they may become mortgage-able once the property is renovated. An investor would need to provide proof of funds upon reservation of one of these deals.
Typical costs for a Cash Purchase Deal
- Reservation fee
- Packaging fee payable within 48 hours of reservation
- Solicitor fees
Will you manage the transaction?
Yes we will allocate fast sale solicitors and manage the transaction to completion.
Can I view the property?
Yes, we can make arrangements for viewing once the reservation fee has been paid.
What if the vendor withdraws?
We will refund your packaging fee in the event that the deal does not complete because the vendor withdraws.