Submitting a Ready-Made Deal

PLEASE NOTE: All deals now require an RICS valuation prior to submission

Eligibility of a Deal

A deal will be a lead which has been qualified, negotiated, and packaged with due diligence ready for an investor to pick up and process. A deal will be eligible for this service if:

There is a discount of 25% BMV or more at the time of submission OR at least 100% rental coverage

Price has been agreed in writing, preferably in some kind of 'lock in' agreement

The vendor's liabilities are not greater than or equal to the purchase price.

You MUST have a RICS survey carried out on the property prior to submission. Our strong preference would be for the valuation to be carried out by either Countrywide, Colleys or Allied as these valuations are more likely to stick for mortgaging purposes.

Documents

In order for us to process your ready made deal we require a number of documents to be completed. Please provide as many of the documents as possible and remember that those labelled as essential are required in all cases. You can download copies of these documents by clicking the links below.

Memorandum of sale (ESSENTIAL)

Exclusivity agreement OR option agreement (ESSENTIAL)

Secured Loans Form (ESSENTIAL)

Fittings & fixtures form

Disclosable overriding interests questionaire

Utility company details form

Seller's information form

Finder’s fees

Finder's fees will be determined on a case by case basis and will be agreed prior to the deal being offered. The size of the fees we are able to charge will be determined primarily by the amount of equity in the property and the amount of rental coverage.

How To Submit Your Deal

1.Click on the following link to submit your deal:- Deal Submission Form

2.An email will be sent to you to inform you whether your deal is accepted or declined and to notify you of the finder’s fee. You will recieve 50% of the profits from the deal with Rapid Property Buyers taking the remaining 50%.