Please find below some of the commonly asked questions about our investment services and options. If you need more information or would like to ask us a question not listed below please give us a call on the above number.
Yes, however you may wish to consider splitting your investment over a number of properties to increase the potential yield, we would be happy to discuss this with you in detail.
We would prefer to use our solicitors to undertake the conveyancing work to ensure that they work to our timescales and for an agreed fee. However, we are more than happy to discuss this with our clients.
You can manage the property directly or via a 3rd party, however we would not be able to guarantee the return on investment as we would have no control over the running costs.
For as long as you are happy with our management service.
Yes, this is built in to the running costs for the 1st 12 months, in year 2 onwards the management fee will be 10% of the going rent.
A full and comprehensive list of fees will be supplied to all our clients.
For the initial 12 months the maintenance costs will be covered by RPI, following this initial period then any costs will be borne by the client.
There will be no maintenance charges within the 1st 12 months.
RPI are happy to continue to undertake any maintenance on our clients behalf.
Yes by all means, however they will need to meet the relevant criteria.
We have 30 days to source a tenant for the property.
RPI will guarantee a minimum 10% ROI for the 1st 12 months.
RPI only source properties that are able to deliver the necessary yields. These properties will be structurally sound and in sufficiently good condition so as not to require any major refurbishment works.
RPI will pay 8% for the full twelve month period.
Yes, however RPI are able to arrange insurance cover on your behalf.
No, any uplift in the property value is retained by our clients.
£20,000 is the minimum investment required.
The investor will have 2nd charge on the property.
A minimum of 3 years, for which RPI will guarantee an 8% return and for a period of 5 years we will guarantee 10%.
Yes, we will provide a contract.
A 6 month notice period is required in writing after 30 months on the 3 year investment plan and 54 months on the 5 year plan.