BMV or Below Market Value properties are coming to the fore as an investment vehicle for the average investor.

In the past finding such properties was the major drawback. Investors use various strategies to tease these properties out. Newspaper adverts, leaflet drops and generally pounding the beat looking for run down properties have been the most common methods . It was a time consuming job with may be 1 in 100 properties viewed proving suitable on which to make an offer.

The properties have been sold by desperate sellers looking for the quick deal and they have been prepared to accept prices much lower than market value. These sellers generally fall into three categories:- Death, Divorce & Moving. Properties sold this way were generally not in tip top condition. Sellers in financial straits are not inclined to spend money on a new bathroom suite to aid the sale of the property. Some work was always needed to remodel the property.

The situation is changing with more investors finding that they are seeing the end of their initial fixed low rate mortgage and cannot remortgage for whatever reason to keep their costs down. No longer will the rent cover the mortgage payments. Unless investors have a balanced portfolio they are finding it difficult to maintain payments. The new category is Default.Most of these properties are no more than 2 to 3 years old and will still be covered by the NHBC warranty.

The rumour mill has it that we will see many thousands of like properties repossessed in 2008. Look upon this as an investment opportunity where you will be able to pick up relatively new properties in good order at anything from 15 to 40% below market value.

We are now able to offer BMV properties and list these on our website at www.ukrepossessed.co.uk

We charge a 2% finders fee broken down into a £100 or £200 booking fee, which is non refundable. This will hold the property for 48 hours while you do your due diligence. The balance of the 2% is then payable by bank transfer.You are able to either use you own broker and solicitor or we can put you in touch with reliable professionals.The aim of this type of investment is to generate cash. By this I mean any property with a 20% BMV buying price on which you can arrange an 85% LTV mortgage should give you a cash back deal on completion.

This is becoming a very popular method of increasing property portfolios and raising cash at the same time. Bear this in mind when you select from our property list. Time here is of the essence.