Cash Buyers Welcome | Real Estate Assets & Business Funding
Off-market delivery
Identify the asset
Pay reservation fee
Identify the asset
Firstly, you must identify the asset in which you wish to obtain further information through our online portal or spreadsheets. Typically, stocks valued below £2 million are classified as single dwellings, land, developments, or HMOs. We directly source this stock from entities such as auction houses, counting houses, receivers, lenders, and banks.
Sign NDA & Terms
Pay reservation fee
Identify the asset
Upon signing the NCNDA, you will be obligated to remit the reservation fee, which can vary depending on the asset’s value. Assets valued below £2 million incur a fee ranging from £1,000 to £100,000. Please note that these conditions apply to a quick exchange and completion process, typically involving an exchange within a week of paying the fee, with completion expected within 21 to 28 days. The terms and conditions are clearly outlined from the outset and are based on our extensive experience and relationships with the selling party. We engage in discussions to secure the asset at the most favorable price and pass on these requirements to the seller. By doing so, we guarantee that the asset will be delivered at the agreed-upon price, which is encapsulated within the reservation fee. This includes a holding deposit and exclusivity for delivery up to the target exchange date, after which the asset is transferred through legal channels. You will be promptly informed of these details and will be fully aware of the entire process, ensuring a successful acquisition. Once the fee is secured, the asset will be placed under offer, which is of paramount importance. This action eliminates the asset from potential bidding wars and prevents price increases. Once secured, no one can bypass you, allowing you to conduct any necessary due diligence, viewings, and surveys without interference from other investors attempting to create an auction-style sale. You will be provided with a specific timeframe to complete these tasks, typically within a week, to facilitate the offer’s securement.
Pay reservation fee
Pay reservation fee
Pay reservation fee
As soon as the NCNDA is signed, you will be required to pay the reservation fee which, depending on the asset, can range from £1,000 to £100,000 for assets under £2m. Please note that is special conditions on a quick exchange and completion, typically exchange within a week after paying that fee and completion is 21 to 28 days. The terms are always clearly set out from the offset and are based on experience and relationships that we have with the selling side, where we have discussions on how to secure the asset at the best price and we pass on as the requirements to secure the asset. In doing this we can guarantee that the asset will be delivered at that price as built into the fee is holding deposit and exclusivity for delivery of up to the target date for exchange and then we deliver through the lawyers. You will be informed of this from the outset so will be fully aware of what has been discussed and confirmed forms successful acquisition. Once the fee is secured on the asset it means that it will be put "Under Offer". This is extremely important as it means that it's taken away from any potential "bidding war" scenaro and It also prevents the price from increasing. Once secured it means that no one can bypass you and that you are able to carry out any due diligence, viewings and surveys that may need to take place without other investors trying to hussle in and create an auction style of sale. You will be given a set time frame to complete that works with a view to securing the offer - this is normally a maximum of one week.
Offer
Heads of terms, exchange and completion
Pay reservation fee
Subsequently, this enables you to conduct your due diligence on the asset. We will provide you with the complete address, floor plans, tenancy schedule (if applicable), and all other necessary information. The offer will be drafted with any terms of sale you desire to include. You must specify the exchange and completion dates, asset delivery confirmation, whether it will be delivered to a Special Purpose Vehicle (SPV), or if you would like a new SPV setup and share transfer organized. We can also deliver to a single individual, multiple individuals, or shared ownership model. Should you require any assistance, we are here to support you on each aspect. If you wish to discuss financing the asset, we can assist with mortgages, loans, and bridging to secure the deal through RPS Corporate Finance.
Heads of terms, exchange and completion
Heads of terms, exchange and completion
Heads of terms, exchange and completion
Upon the acceptance of the offer, the buyer’s legal representative will forward the heads of terms and memorandum of sale. The sale terms are mutually agreed upon, and a memorandum of sale is typically drafted by the seller’s legal representative. Although not legally binding, this document outlines the fundamental terms, including the price, dates, and any conditions. Once all necessary checks have been completed, both parties sign and exchange contracts. Upon exchange, a fee will be incurred for immediate payment invoicing. This constitutes the legal binding of the sale. The completion date, usually one week after exchange, will be the point at which the remaining funds will be transferred through the lawyers. The assets title will officially be transferred to the buyer through the Land Registry.
Key Considerations
Heads of terms, exchange and completion
Heads of terms, exchange and completion
Confidentiality: Off-market transactions necessitate confidentiality, safeguarding privacy for both parties.
Accelerated Transactions: Off-market deals typically proceed at a faster pace, eliminating the requirement for public marketing or viewings.
Access to Exclusive Opportunities: Off-market assets often encompass distressed sales, probate or auction stock, development opportunities, or unique investments that are not accessible to the general public. Consequently, flexibility is essential to navigate these exclusive opportunities.