Property Deal Sourcing Guide
1. Register with professional Estate Agents, Letting Agents, Commercial Agents & Auctioneers and try and keep contact with specific agents on a regular basis.
2. Register for online property alerts with property portals and search sites such as Rightmove, Zoopla, On The Market, EG Property Link, Essential Information Group
3. If you are feeling more proactive you can also post / deliver specific letters to owners directly and see if they want to do a direct deal
4. Once you find a property, carry out your due diligence and make sure your numbers make sense
5. Have finance brokers ready to act rapidly
6. Have solicitors ready to act swiftly
7. If you are deal sourcing on behalf of clients make sure you are compliant with all the regulations and also have your terms of business in order
Source, View & Have Fun!!!
Useful Links:
Property search – rightmove.co.uk
Property search – zoopla.com
Property search – onthemarket.co.uk
Commercial Property Search – propertylink.estatesgazette.com
Auction Property Data & Search – eigpropertyauctions.co.uk
Estate Agents Database – NAEA – naea.co.uk/#find-an-expert
Lettings Agents Database – ARLA – arla.co.uk/#find-an-expert
Auctioneers Database – NAVA – nava.org.uk/#find-an-expert
Maps & Property Data – nimbusmaps.co.uk
Site Sourcing, Maps & Data – nimbusmaps.co.uk
Data Protection License – ico.org.uk
Property Redress Scheme – tpos.co.uk
Client Money Protection – clientmoneyprotect.co.uk
Business Insurance – simplybusiness.co.uk/insurance
Anti Money Laundering Compliance – gov.uk/guidance/money-laundering-regulations-who-needs-to-register
Property Title Documents -eservices.landregistry.gov.uk/eservices/FindAProperty/view/QuickEnquiryInit.do
Finance Brokers – DALINGTON Finance
Solicitors & Surveyors – reallymoving.com
Stamp Duty – moneyadviceservice.org.uk/en/tools/house-buying/stamp-duty-calculator
Sell By Auction – Auction Team
Bridging Finance – Funding Team
DIY Lettings – 20 Things to do when you let property
Please note this is a general guide only – you should always seek independent professional advice before entering into any legal contract.