What happens after I have registered with
Fast-Track Property?
We believe that the a friendly, personal touch sets us apart
from other property buyers. You will hear from one of our team
within 2 hours of completing the online form. At that stage
we will discuss your situation, find out more about your property
and the timescales we have to work with.
We will make an offer in principle over the phone, and follow
it up in writing. No pushy representatives
will call. Only when you wish to proceed with our offer
do we visit the property.
I'm in default with my mortgage payments
and I may be repossessed. Can you help?
Yes usually - if there is some equity in the property. We can
organise everything so your loan is paid off. You can even stay
in your home as tenants if you wish.
How long does it take?
We can complete within 7 working days if you wish. Or we can
delay completion if you need a little longer to arrange to
move.
Do I have to pay any fees?
No, we cover all the purchase costs including legal fees
and valuation fees.
Which areas do Fast-Track cover?
Anywhere in the UK ... and even in Europe for certain types
of property.
What type of properties do Fast-Track
buy?
All UK residential property is considered including owner
occupied houses and apartments, tenanted properties and HMO's.
Does the property have to be in good
condition?
No we buy in all conditions.
How does your offer compare to what
I could get on the open market?
We usually pay a wholesale price of 70-80% of the market
value depending on the condition and location of the property.
And of course, you have no estate agent's fees or legal
fees or other sales costs to pay. In addition, you save
on the mortgage payments you would have to pay if you hung
on fora higher price.
Do you buy tenanted properties?
Yes - as long as you have tenancy agreements in place. Student
accommodation and other HMO's are welcome.
Do I need to vacate the property?
No unless you want to. If you prefer you may stay on as
a tenant and pay rent instead of a mortgage.
I'm a tenant and my landlord is being
re-possessed. Can you help?
Pass our details on to your landlord. We can stop repossession
... and you may be able to stay on as a tenant.
Do my details remain confidential?
Yes, absolutely. We are governed by the Data Protection Act 1998 and
are mindful of the security of all personal data held. it is all treated
with the utmost confidentiality. No data will be given or transferred
to any other party without your agreement in advance.
IMPORTANT NOTE: Fast-Track Property is
not providing financial advice regulated by the Financial
Services Authority. All information provided
has been obtained solely from our own experience of purchasing
property and is provided as general information only. As
such it is not intended for use as a source of investment
advice. Before
making any decisions based on the information provided, you should consult
with either the specialist advisors we introduce to you, or take independent
legal and financial advice.
