| |
Anglodan Services
Basic Services
Anglodan
decides together with the individual Client what the most suitable type of
investment property is for him or her. We then go out and inspect six or
more properties that fit the description and subsequently manage the entire
purchase process once a suitable property has been found. Anglodan does,
in other words, not keep a list of properties that we have to sell to our
Clients.
Anglodan works for you, the Property Investor, not
for the Seller. We are therefore a property investment company, not an estate
agent. We are fully independent as we do not receive any commissions from
any service provider or lender. Our only income comes from your fees and
our service is therefore devoted to securing you the best possible property
investment.
If you choose our property search and purchase management service,
Anglodan will provide the following Basic Services as a package solution:
-
Advise you on all aspects of the purchase of a buy-to-let property. -
Search, select, and inspect up to six suitable properties according to price parameters and other preferences defined by you.
-
Produce a short analysis with photos for each of the six properties,
covering the state of repair, the letting potential, and the asset appreciation
potential.
-
On the basis of these analyses and in consultation with you,
submit non-binding offers for one or more of the examined properties.
-
Further negotiate the purchase price with the Seller within a price range set by you.
-
Obtain a competitively priced mortgage from a reputable mortgage lender.
-
Arrange for a Homer Buyer’s Report from a qualified building surveyor.
-
Hire a U.K. solicitor specialised in conveyancing so as to have the legal aspects of the purchase dealt with in a proper manner.
-
If required, negotiate the purchase from the Seller of furniture and appliances not included in the price of the property.
-
If required, obtain quotes from contractors for making repairs
and/or improvements to the property, and control the work carried out on
the property by such contractors.
-
Purchase mandatory and recommended insurance on your behalf.
-
Determine the target rental level in consultation with you.
-
Find an appropriate tenant through Anglodan’s network of letting
agents, and carry out checks of the prospective tenant’s credit rating and
general background.
-
Conclude a management agreement with a U.K. property manager
with a view to ensure the day-to-day maintenance of the property, the timely
payment of rent, and the proper dealing with other ad hoc tasks related to
the management of the property.
-
Provide you with constant feedback during the purchase process.
-
Provide you with monthly analyses of the U.K. property market during and after the purchase.
Additional Services
Anglodan will – upon your request and upon extra payment – provide one or more of the following Additional Services:
-
Inspect additional properties.
-
Assist with the opening of a U.K. bank account in your name.
-
Purchase insurance against non-payment of rent.
-
Furnish the purchased property with a view to letting it as furnished.
-
Keep a record of income and expenses related to the purchased
property so as to be able to inform the relevant foreign and U.K. tax authorities
of the annual operating profits or losses.
-
Other ad hoc tasks.
Fees
We charge a fixed fee for our Basic Service Package, which includes
property search and selection, purchase administration, and search for a
suitable tenant. We charge by the hour for Additional Services.
Anglodan
also offers a full-service solution in connection with the sale of the property
whenever that becomes relevant. Our fee for this service is a percentage
of the sales price. It is therefore in our interest to obtain as high a sales
price as possible on your behalf.
Services from 3rd parties are not included in Anglodan’s fees but are charged at cost to the client.
Please Contact Us for further information about our fees.
|
|
