Our knowledge of what the overseas purchaser is looking for when buying investment property is key and with this, we work closely with our clients to build long-term and successful relationships.
The Buying Process
The buying process can vary depending on the size, type and complexity of the investment. We will ensure you receive the highest level of support and communication at all stages.
The buying process can vary depending on the size, type and complexity of the investment. We will ensure you receive the highest level of support and communication from us and our team partners, and we will hold your hand at all stages to ensure a smooth and seamless process. Find out more about Glasgow finance for international investors here.
We do a huge amount of work and due diligence on every property before we send it to our clients. We issue comprehensive and detailed information on every property that includes the detailed deal proposal, photographs, floor plan, walk round video and Home Report if available.
Contact us by your choice of communication and once all details are confirmed and you wish to proceed, we introduce you to the solicitor to start the process.
We also issue a Sourcing Agreement from us that is there to protect you, confirms the details of the property and purchase and sourcing fee. An initial deposit is taken and the property is secured for the investor.
Introduction to our Team Partners
We will introduce you to any member of the Alliance Property Groups highly trusted, experienced and customer focused Partnering Team to discuss any requirements or information you require.
Your offer for the property is placed by the solicitor and the conveyancing process starts.
With your permission, we are kept in the loop of communication and this enables us to help expedite and questions or information required and to further ensure a timely and smooth process. On average, 4 weeks is the timescale from offering to completion of a sale with Alliance Property Group.
To ensure that all parties are kept up to date, there is regular communication.We start to introduce you and assist other processes such as, Landlord Registration, Buildings Insurance, Letting Agent, Council Tax Exemption about 2 weeks before completion of the sale
On properties that we offer that are suitable for the Guaranteed Rent Scheme in Glasgow, Alliance takes care of the total set up of the process from start to finish.
On completion, we can organise the collection of the property keys from the solicitor. We will meet the refurb team at the property to clarify what refurbishment is required. A detailed quotation and cost is given to the investor and once there is approval the works can start.
Before during and after the refurbishment we will keep you up to date with pictures, video and progress. We project manage every job to ensure a timely, professional job is done.
Our refurbishment are usually all cosmetic jobs and will take between 1 and 2 weeks maximum and are not complicated.
All refurbishments that are done ensure that are all legally compliant and all certificates are given to the investor, letting agent and Guaranteed Rent Scheme.
On completion of the refurbishment, the letting agent, Guaranteed Rent Scheme (if applicable) and the contractor attend for the handover and final assurance that all works are satisfactory.
Only when the job is complete, and all parties are satisfied is when the client will make the final payment to the contractor.
Mortgage Finance Services
Alliance Property Group only deals with a few carefully selected independent mortgage brokers who specialise in arranging finance for UK and Overseas investors.
Our partnership with them is founded upon solid relationships, a history of excellence in customer service and above all, a thorough knowledge of the mortgage market.
These factors mean that even in a hugely changing market, clients will receive impartial, tailor-made advice, regardless of their individual circumstances.
|What our Brokers Offer:|
|We make a difference|
|We are independent, personal and confidential|
|Our values are our foundation. We place honour and integrity above profits|
|Our vast experience in the property investment market and ever-expanding network of contacts grows by the day|
|We represent committed clients so this allows us to move quickly - and make sure you’re No.1 when it comes to buying your investment|
|Face-to-face meetings, Skype and custom made solutions ensure that your needs are met|
|Competitive rates and flexible terms|
We deal with highly experienced, professional, passionate and highly responsive conveyancing solicitors in Glasgow. They offer a specialist team of qualified experts with extensive experience to ensure the speed, efficiency and accuracy of today’s transactions resulting in highly satisfied clients.
|What our Solicitors Offer:|
|A dedicated and specialist team of qualified experts with extensive experience with the UK and overseas investors ensures clients are highly satisfied.|
|Areas of expertise in Buy to Let, Portfolio, Bridging and Quick purchase and sale – “Flips”|
|Modern digital innovations and services enabling efficient and flexible working arrangements, communication, systems and processes.|
|As a result, 99.5% of their clients never have visit the office.|
Finance & Taxation
Alliance Property Group accountancy and tax specialists offer a conscientious, informed and reliable approach to all clients and can take care of all accounting and taxation needs with a high level of expertise. This enables you to concentrate on your prosperity through your property portfolio.
|What our Accountants offer:|
|They are a small business, so you only deal with experienced accountants who are friendly, approachable and professional.|
|A higher level of expertise to your accounting and tax affairs through dealing directly with the decision makers.|
|A competitive fee structure within a fixed price agreement, with no surprises.|
|They spend time getting to know and understand your business so that we can provide you with relevant advice and guidance.|
|They review tax mitigation strategies to minimise your tax liabilities.|
Sourcing & Selling Fees
|A Sourcing Agreement is issued once a purchase is confirmed and signed between APG and the buyer confirming the terms and conditions.|
|An initial £1000 deposit is taken and once paid the property is taken off the market. The balance is payable upon completion of the property.|
|If a property has been secured and the offer has been made and then withdrawn by the seller, the initial deposit is returned to the investor. Any legal costs incurred are the investor’s responsibility.|
|If a property has been secured and the offer has been made and then withdrawn by the buyer, the initial deposit is retained by Alliance. Any legal costs incurred are the investor’s responsibility.|
|Project Management - It is charged at 10% of the total refurbishment for organising, overseeing and managing any refurbishment works done internally and externally.|
|Note: Sourcing and Selling Fees are dependent on investment|
At Alliance Property Group we work with a number of tried and tested quality letting agents in Glasgow who provide a full property management service for landlords.
Our core value is to ensure that you get the maximum financial return on your property investment together with exceptional personal service.
|Our Letting Agents services provides:|
|A property manager allocated to your property ensuring personal service|
|Best market rents|
|Carefully selected tenants|
|Rent collection and landlord payment with detailed statements|
|Regular property inspections|
|Full maintenance service using trusted trades people|
Contractors & Refurbishment
At Alliance Property Group we work with trusted teams of builders and interior designers who have done numerous projects for us to date.
|What they do:|
|They have proved time and time again that they do a great job for a fair price. We always use the same trusted teams that we rely on to get things done quickly and efficiently, regardless if it is a single unit or a more extensive project.|
|Whether your property needs a new kitchen, a new bathroom, new carpets, redecoration, or new furniture, we have tried and tested contractors who can deal with all this for you.|
|They offer access to a broad range of designers, architects, project managers, surveyors and engineers, helping to hand pick the perfect team to suit the client and the project.|
|They are all very experienced at getting the work done on time to minimize any rental void periods.|
Frequently Asked Questions
How Does Alliance Property Group Get Properties?
This is a question we get asked regularly, not only by our international investors, but by many others.
Due to the strong and professional reputation we have, we get offered many properties every month.
Out of all the properties we get offered every month we will only take on about 60% of them.
There is a huge amount of work and due diligence involved in securing any property so from the initial communication with the vendor we will have a very good idea about the area and sell predominantly in the Glasgow metropolitan area. Click here for more info
How do you make a difference?
We both have genuine passion for property and a desire to give back in some way so investors can benefit from our 30 years’ experience. We both want to share that knowledge, combined with a robust business model, so that investors can access genuine off market, below market value properties, from a highly experienced and established power team. We offer a market-leading and seamless service to investors.
We both want to raise the bar in exceed customers’ expectations and have a seamless buying process combined with us sharing our wealth of experience. Click here for more info
Should I be looking for yield or capital growth?
Both yield and capital. Growth should be taken into consideration with investing in property. A strong yield is important because it indicates the amount of income you are making from the investment in relation the purchase price. Most investors choose to invest in property because it gives them a higher and more secure yield than can be found elsewhere. Capital growth is also extremely important because it indicates the price at which you can potentially later sell or re-mortgage the property.
Why are Alliance properties predominantly in City Centres?
City Centres are excellent locations for buy-to-let property investment because there is a concentrated demand for rental properties. People of all types, especially young professionals want to live in busy areas close to their work, night life, restaurants and shops. In response, vibrant City Centres are realising the rising rental prices, minimal void periods and growing demand to move to these areas.
Is there finance in Glasgow for international investors?
We get asked regularly if international investors can get finance on properties purchased in Scotland, or if there is any minimum value or limitations on any property.
The good news is that you can get finance on properties at any value in Scotland. There is no minimum value.
Why is the 4th largest city in the UK, Glasgow, the Buy to Let Capital of the UK?
The outlook for the Glasgow property market looks very positive, and we expect the upward trend in house prices across the region to continue.
Greater Glasgow’s diverse economy contributed to 29% of Scotland’s economic output in 2017. It accounts for 28% of Scottish companies and 34% of the country’s jobs.
Glasgow itself is Scotland’s largest city and with more foreign direct investment than any other Scottish city, it is considered to be one of the top 10 large global cities of the future, according to fDi Intelligence.
The strength of the local and diverse economy in Glasgow, as below, and affordable housing, makes Glasgow the Buy to Let Capital of the UK.
- 1.8m people live in the Greater Glasgow Metropolitan Area
- 4th Largest city in the UK
- 2nd Financial Capital of the UK
- 2nd Best Shopping Destination in UK
- Leading city for Medical Research, Space Technology, IT, Renewable Energy
- Leading International Sport, Conference and Concert Venue
- Continued massive infrastructure and jobs growth. 30,000 new jobs in next 3 years.
- Click here for more info
Do I need to furnish the property? How do I do it?
In general a property will achieve higher rents and let out quicker if it is furnished. In addition, it can also be more tax efficient to operate in this way. We work with a furniture company who will fully furnish the property at heavily discounted prices, exclusively for our investors. It should be noted that some of our properties will already be furnished.
What is the successful investment strategy of the Guaranteed Rent Scheme?
Alliance Property Group is the largest suppliers of properties to the two social housing schemes in Glasgow that we call the Guaranteed Rent Scheme.
We have a very close and long term working relationship with the Guaranteed Rental Schemes in Glasgow.
The GRS offers investors a unique opportunity to ensure:
- Rent is paid every month
- No voids during your lease
- Rents are similar or higher than the private sector rent levels.
- The majority of maintenance and repair costs are included in the GRS lease
- investors can future proof their property and investment strategy with definite cash flow every month
Why do I need a Letting Agent?
The simple answer is that a leting agent takes the stress out of renting and managing property.
At Alliance Property Group, this is a question we get asked regularly, and if you already let your property, you’ll appreciate just how painful and time consuming managing your own property can be – and the benefits additional property management services provide.
Having a good letting agent as part of your power team is invaluable to the success of to your property portfolio.
Good letting agents do a huge amount of work behind the scenes that landlords don’t see or usually hear about.
A good letting agent is invaluable.
Do you offer Orientation days?
Our Orientation Days are delivered by James and Gordon, owners of Alliance Property Group, who have over 30 years combined experience in investing in Glasgow and surrounding areas and have an extensive knowledge of all areas.
They will share with you the knowledge they have gained over years of investing and sourcing.
Contact us today to arrange your orientation day and to take the first step in building your investment portfolio.
What building guarantees are there in place?
As most of our investments are new build developments that have recently been completed they will come with an NHBC, or equivalent, warranty. Typically, these cover major defects for up to 10 years.
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