What do I do if I want to reserve a property?

If you have a question you would like an answer to

- email us here (we will add it to these FAQ's)

Click here and send a blank email to us (we don't want any personal details), you will get the web-site link back in a minute or so. There is no log-in or passwords required.

After registration on the 'Developments' page, have a look and see our current offers, then download the following:-

1. Reservation Form (complete this on-line)
2. What to do Next
3. Payment Terms

Then click onto 'Confirm Reservations Here' to let us know its on its way. Get in touch with us from the 'Contact Us' page, if you have any queries.

We put all of the details that we have available on the download section of our Development site that investors can access, upon very simple, basic registration (click here). There is little else we can advise about the developments, however, you are welcome to contact us.

We offer a very personal service to our investors, each has their own allocated Senior Consultant that not only acts as your adviser, but will also liaise between you and the administration systems, so you have a single point of contact at the Company.

Our clients like this as they build up a relationship with their Consultant and never hear those words ''Oh! That's a different department, I will put you through''.

3) Who are you and what experience do you have?

The UKPW has since, 2002 been handling sales of discounted properties in the UK and overseas. Thousands of people have attended lectures about property investment given all over the UK, by the Consultants at the Contact Us section. We sell up to £6,500,000 of property in a week.

The Consultants are very experienced property investment advisers and to qualify as a Senior Consultant, they have to have completed at least £1,000,000 of property investment personally.

Additionally, we are actively involved in some of these projects ourselves, from the finding of Land, design and also as joint developers. There is little that, between us, we do not know or cannot find out. With over £100,000,000 of property sales we have, frankly, seen it all.

We currently have thousands of investors, mainly based in the UK but also around the World. We advise them about our developments, the finance packages, furniture and even tenants - it does not matter where in the UK the property is located.

4) What is the actual service? I need finance, furniture and tenants!

Just like we said above, we provide a full service and a 'turn-key' approach. Not only do we offer an attractive financial package from an investors point of view with a low-cash requirement, but the service comes complete with all the knobs & whistles, such as:-

• Hand holding from your Personal Senior Consultant
• Deposit paid for you
• Stamp Duty paid for you
• and usually a lot more as well
• Free Mortgage advice (FSA registered) - click here for Options (FAQ 12 & 13)
• Furniture Packages - all styles and budgets to suit your investment market
• Rental out to tenants and full management - anywhere in the UK
• Rental payment guaranteed options, in the event the tenant fails to pay.

5) Will you tip me off first when a good deal comes in?

In a word: No. Its not fair to favour one investor before another, the details will appear on our developments section of our web-site. You have to be invited to view this for confidentiality reasons (you can be invited by clicking here).

What would you think, as an investor, if we were tipping off a select group and leaving you with choices that they didn't want? We don't do that, but you may get early warning that something will soon be on the web-site ''so keep your eyes open''.

6) How often do you get properties and will they by in my area?

We obtain properties all over, check our 'examples' for further information, we don't know where the next site will be offered to us, or whether that site will pass our due-diligence checks, but, go with the flow - treat these as opportunities to build wealth, not for you to live in.

Will we get more? Its like going into Tesco and saying ''will you get more Heinz Beans in?'' their business is about selling food. Ours is about offering fantastic properties with built in equity and profits, with less cash. If we did not have a continuous supply, we would not be in business very long.

In any case, since it costs nothing ''to join'' there are no ''membership fees'' or anything else; you don't lose anything by checking by every time you feel like making an investment to see what we have.

We get tens of millions of pounds of developments all over the UK every year; we feel sure there will be some that are of interest to you. What you need to do is explore the whole market, not just your back-yard. Take off the blinkers and look at where the demand is, in relation to your cash available, combined with the return on your cash investment. THATS where you go!

7) Who do you deal with? Who is 'behind' your company?

The public face, if you like, are the people in the Contact Us section. But we would not be here, where it not for the people we work alongside. If you like; Tesco would not be selling Heinz Beans, where it not for Heinz.

We deal with most of the major organisations you have heard of, household names that operate themselves in the 'retail' market, but also (through us) offer a selection of their superb first class product, at discounted prices.

Some of the people we work with do not operate in the 'retail' market at all and offer all of their product out into the Investor market at highly advantageous prices.

In addition, to fund the Land we source and the developments themselves, we are connected with some of the UK's most wealthy individuals through various companies they own. Where it not for their fat cheque books, then the 'development' side of our business would not be something we could fund ourselves. (For the record, Barratts - nor any other developer for that matter - do not fund their own developments either!)

8) How come they can afford to sell it cheaper to me?

There are several reasons why; firstly cash-flow. To kick start a site of 100 plots off with 15 or 20 pre-sold, the finance can be more easily found - simple as that. They know at x date in the future, these completions will occur and the cash roll in.

There is also a timing issue in that often, the developer can afford to do this, without giving away too much initial profit, its all about timing, here's why:- (example)

In year 3 or 5, there really is no issue with a developer selling properties at the discounted price, as that is substantially more than what was first envisaged in any case. The market does not wait until you have your product ready, before the market rises in value. The market continues - no matter where a developer happens to be at a certain time in the schedule.

Selling investors 15 or 20 plots at £140,000, and the 80 balance at £180,000 is good for everyone concerned, especially in view of the original price envisaged (plus add a bit for inflation). There are no losers. Not even the people that pay the full market price are losers, as in 10 years time they will have something worth possibly twice what they paid (often more!).

Sometimes, we will ''sell'' in year 3, but at year 2's price. For an investment of just a few thousand £ (in the above case) and nothing more to pay for 2/3 years, the return on cash is simply not matched by anything else.

11) How come you don't put the Consultants full names?

Bear with us on this one, if you do business with us, we will of course, give you the full identity of your senior Consultant along with details of anyone else you like that is directly or indirectly connected to us. Including details of who is 'behind' the organisation, if you reserve a property from them.

The reason we have put first names at this stage, is people that share identical or similar names and sometimes in similar businesses to our Senior Consultants are often mistaken for our Senior Consultants themselves. It is very time-consuming to keep answering questions about people about whom we know nothing, or have never met.

12) Do I need to get a mortgage?

If your property is not going to be completed for, say, 6 months or more, then at this stage, you don't need to apply for a mortgage. If you do and the development runs a little late (as often they tend to), your mortgage may expire and it could cost you money to get it renewed.

We therefore advise investors to arrange their mortgages about 6 months or so from the anticipated completion date, which may be different from your originally advised date.

It is quite normal to make tens of thousands of pounds on a property, without actually having to buy it - when it gets nearer to completion, you can (in most cases) sell to the end buyer. Its their mortgage that comes in and clears your obligation.

We would need to talk this through though, there are other considerations.

13) I want a mortgage on this property, can you help me?

UKPW is not authorised by the FSA to offer mortgage advice, but we do work with one of the UK's largest and most respected (full authorised) advisers. They are a national Company with an international reputation.

For mortgage facilities and other finance, we would appoint our advisers to work with you and pre-qualify you for a mortgage, should you need to get a mortgage. Of course, if you have your own advisers, then that's fine, you can use them.

14) So! What other hidden charges do you have?

None!

As far as you, the buyer is concerned, our Standard fee and non-standard up front and ''in your face'' when you see our developments. - Click Here for our Standard Fee Guarantee & non-standard fees. Please do read our non-standard fee exception also.

These are the total charges we make to you, this includes VAT tax and you can also off-set this for Tax-Purposes, so if you are a higher rate tax-payer the cost is about £400 net (after VAT and tax-relief). Nothing really!

If we ever do ask you for a payment for any additional fees than those on our brochure, just tell us ''No!'' You are quite within your rights. The fact is however, we wont ask you to pay us anything more, so it won't arise.

There are no other costs for the service we offer, but you may have to pay your other advisers, such as your Lenders valuer, your Lawyer and so on; nothing more than you would normally expect.

Any additional revenue we may receive, comes from the sale of a property to a buyer, in the normal way. The payment comes from the mortgage company basically, via your Lawyers to our Lawyers.

At no time will you be asked to pay us anything more than:-

1. The agreed price of the property - as stated on the data/price sheets.
2. Our fee set out clearly on our brochure - at the point of reservation.
3. Normal fees/costs/taxes etc., paid to your own advisers.
   • as would normally be expected in a straight forward residential property sale.

15) I have not done this before and I am unsure

Of course you may be unsure. A lot of our investors are first-time investors. This is one of the main reasons we offer you such personal service with a named Senior Consultant, available for you to contact directly (not leave messages at an office somewhere).

Additionally, some of our clients are very experienced investors with large portfolios.

16) OK, I understand all the good bits, but what can go wrong?

It depends upon what you mean ''could go wrong'', lets see some of the things that may not go to plan!

• a) The development starts late and the developers costs rise
• b) The developer (or your Lawyer) goes bust
• c) You have no money to exchange contracts
• d) You cannot get a mortgage after all
• e) You had hoped to sell, but now cannot
• f) The development has not started 9 months after I reserved
• g) The development cannot, now, go ahead after all.
• h) I reserved a property 2 years ago and I come back to find UPKW are no longer around
• i) Your lenders Valuation does not match up to the asking price
• j) The market changes from the time you reserved to the time you complete.

a) The development starts late and the developers costs rise

Easy: if you have exchanged contract on the property, you pay the price you have agreed to pay, there is nothing on earth that can get you to pay more.

b) The developer (or your Lawyer) goes bust

You don't lose any cash, that's the main thing. Both of these organisations hold money in a bonded account (ring fenced) and where either of them ceased to trade, the amount you had would be carried over for your purchase.

Your investment would still continue, even if you bought from the biggest developer in the land and they ceased trading. Their 'governing body' (say NHBC) would appoint another developer to finish the site off. Incidentally, again, you would not pay any more than the agreed price, even if it cost your new builder twice as much. Your price if your price.

c) You have no money to exchange contracts

Well you have been silly then! You have been advised by us to make sure you have enough money to pay any fees, deposit and whatever else you need. But all is not lost.

You can - provided the contract contains the clause - and most of ours do - assign your contract to a friend or relative (on indeed anyone else) and they can carry on from there.

d) You cannot get a mortgage after all

This would be a bit odd, since you would not normally have reserved a property unless you were ''mortgage worthy'', however, perhaps you situation had changed since reservation to ''now''. Again, you can (mostly) assign your contract to a 3rd party.

Contact your Senior Consultant in the unusual event this occurs. Don't forget, we advise getting your mortgage ball rolling about 6months before completion. This is about 3 times longer than it takes to sell the average UK property.

e) You had hoped to sell, but now cannot

Your original plan to sell was not gone to plan? Well again, there is a way out. You can complete on the property in the normal way and then rent out. Remember though, if your property was bought at a good discount, and was (say) 2 years ago and the market has gone up 10% - you now have a 25% advantage against other people buying now. Your mortgage is 25% cheaper for a start.

f) The development has not started 9 months after I reserved

Don't panic. One of the first things you will learn is; all developments start late and all developments finish late (there are few exceptions). Think about it though. For every day late, your asset is still increasing in value, but you have not paid for it. Lovely!

You will soon learn ''Its late? - so what!'' - can you make it later?

g) The development cannot, now, go ahead after all.

Your Lawyer will only hand over your money (to exchange) to the vendor when they are fully satisfied the project has all the necessary permissions and so on (see question b also). Your cash will be sitting at your Lawyers, so again. there is no need to worry about anything.

The thing about UK property, we have been doing this for over 1,000 years. The systems are tried and tested and unlike some other countries (Such as Spain and possibly others for example) no-one is going to come along after you think you own something and say ''this is mine!''

h) I reserved a property 2 years ago and I come back to find UPKW are no longer around

Don't worry (again), you have paid us the paltry fee. You have not even lost this! The service we have, to provide you with these deals, has been done and you have the deal and made your few tens of thousands of pounds. Congratulations.

If we were no longer around, because we decided to pack up and spend the rest of our lives on a yacht somewhere, your transaction will still go ahead through your Lawyer and the developer - with or without us.

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j) The market changes from the time you reserved to the time you complete.

This can work both ways, of course: the market may well be much more vibrant when you are due to complete, than when you reserved.

No-one can predict what the property market will be like when a development completes, not even the developers. The selling prices originally entered into form part of a contract and at completion that is the value of the contract that will have to be fulfilled.

Over time, history has told us that the property market in general performs positively, but from time to time, ''events'' may affect certain parts of the market in certain areas whilst other sectors of the market continue to boom.

Overall there is no reason the UK Property market will not continue to perform better than any other asset class, when compared with the actual cash invested and the immediate and returns gained over time.

There are ''oddities'' that do affect asset prices of all kinds on a day by day basis and these could include (but are not limited to):

• A rogue news report
• An economic statement suggesting a slow down in growth (still growth!)
• A short term oversupply in a particular market segment
• The time of year
• Spikes in commodity prices (oil for instance, sparking a media frenzy and temporary lack of confidence)
• Minute by minute commentary in the media, by people that have no more idea than the next person ''what will happen''.

Usually these things are only temporary, but for a while they could knock confidence in the demand; again this has been shown to be temporary in the past.

Since we can only go on the past to draw our experience from, we have to go with that. A contract entered into, will not be affected by any of the issues above; the contract will have to be fulfilled at the agreed value.

20) What happens if 'someone' goes bust?

This is answered at FAQ 16 and its sub-questions - click here to go there. The short answer is everything is fine.

21) Do you put all the properties offered on here?

No, we do not. We have to make sure the offers are real. Its easy for someone to come along and tell us 'x' is the asking price, less 'y' discount. You can down load examples that give comprehensive site information in addition, we do check prices locally and cross reference.

It could be a site on offer to us does cost more than the local average, in which case, we would ask ''why is that?''. A higher end spec, an executive target market or even regeneration areas could all show new properties coming in at higher than the (previous) average. Where these (and others) are the reasons, its perfectly fine to invest in properties that cost more than the previous 'average'.

That's our job to sort out for you, after all, we want you to be very happy with your investment, so you will come back for more.

22) It all seems fine; but ''How Much Cash Will I Actually Need?''

Traditionally you will need an initial deposit, usually 10%, the completion monies which can be financed or cash, stamp duty and any other compleiton monies.

Our fees are taken at compleiton and paid by agreement from you to your lawyer direct to us.

23) How do you make a profit out of it all?

Of course, you will be aware in order to stay in business and pay finders fees to people that bring us developments, pay your senior consultants along with normal business overheads etc., we have to make some money. Just as you do to run your new property investment business.

Our fees are clear, transparent and for part of the contract and are known in advance.

24) Can you finance non-UK Citizens?

Yes, if you decide to actually 'buy' the property (as opposed to just reserve the property and sell on prior to completion) we can arrange UK based funding for these investments; to qualifying people throughout the English speaking World (Other countries may be possible - please enquire).

25) I am based 3,000 miles away - who will collect my rent?

No problem; wherever your property is in the UK, we will arrange furniture (if required) tenants, rent collection/payment and if required, rental guarantee in the event your tenant fails to pay.

We do after all, offer the complete armchair service; which includes fill management if required.

26) I want to wait until you get one near me

Don't. That's the simple truth.

This site is aimed at investors, not the residents market. Whilst there is nothing at all stopping you from moving into your purchase, if you are waiting until we have a 'deal' on a property near you - you could be waiting forever.

We may well get a development right next door to you, in which case, Great! but think about how many towns, cities, streets & developments there are in the UK. You are best to go for the opportunities that exist and remove your own personal road blocks as to what you want, this is about supplying the investment/rental demand.

These are investment opportunities that will give you more profit in a single transaction that you will get in years & years saving in Pensions, ISA's and all the rest of it.

Don't bother playing the ''waiting game'' - another 2 years will have gone past before you know it.

27) Can I have a better deal?

Without wishing to be impolite; No. The price you see here is the price you pay. The deal is done and we won't be referring back to the developer/seller to renegotiate. The property will be sold to a.n.other.

We arrange our transactions in blocks of 20 or 30 and, frankly, none of our contacts will want to offer a single investor the offers we have here for you, let alone, offer a single investor 'more' than what everyone else is being offered.

In addition, its part of our own in-house rule that we do not offer one investor a deal we have not offered to everyone else; this means you are safe in the knowledge that what business you do with us, will not be more favourably done with someone else.

You may wish to refer us to other properties you can get for 'xxx' from elsewhere, and we would say that is your choice, but it wont have any sway on these offers.

We would also point out that where investors do refer us to 'x' property with 'x' company, make sure you add in ALL the costs, don't leave out the buying fees of 2 - 3% + vat you will have to pay another company; this may make your comparison look cheaper, but.........we know you have not included the fees and you will have thousands to pay out in cash for those fees.

Click Here.