frequently asked questions
Your Guide to Our Wealth Management and Concierge Services.
Yes, a high percentage of our buyers are based outside the UK. You do not need to physically visit a property’s location to purchase. We can help you achieve and complete the process remotely with a set of legal representatives and other professionals. Your income can be paid into your international bank account or local account.
We are aligned with all the major investment classes. This includes residential, student, holiday lets, commercial and developmental properties. As such, we can offer an unbiased view of the entire market, helping you to pick an option that’s best suited to your profile and investment objectives.
We ensure a meticulous due diligence exercise is conducted on all properties that come through us. We work with reliable developers and agents who have good track records. In furtherance, you will always receive all required information to you for review before execution in which UK solicitors will verify during the purchase process.
Deposits are often protected by firms regulated by the Financial Conduct Authority (FCA), Developers or and agents are members of government approved property redress schemes, regulated by the property Ombudsman etc. All these ensure adherence to strict operational guidelines and best practices.
A repayment schedule is a guide on expected pay back, amount and frequency.
The mission of PRO IX is primarily about you, the client, in ensuring your objectives are met. Our years of experience and market knowledge supports investors in choosing properties to meet their profiling and need or investment objective. You are our priority!
Our other service features include:
– Extensive due diligence and analysis of opportunities
– Comprehensive after-sales service, including site visits, construction updates and general enquiries
– Weekly updates on market news
– Stamp Duty Land Tax is payable on traditional residential property. There will also be legal fees due on all purchases in the UK.
With all the investments we choose to market, you will be the legal owner of the title deeds. You will be able to sell your property on the open market at any time. Whilst we don’t focus on single property sales, we can recommend partners to assist you for a reasonable fee, but you can also use high street agents.
The best place to invest in property really depends on what you are trying to achieve, what the objective is. We imagine that the strong demand for property investment will continue in 2023 with areas outside of London especially for rental yield. Locations like Leeds, Liverpool, Manchester, Sunderland, Bradford, Hull, Sheffield and some others. The London area is also a strong consideration depending on the objective. There is no right or wrong answer. The right answer can be found in the objective of the purchase.
Whether you are resident in the UK or live abroad, yes you are eligible to buy a home in the UK
The short-term nature of Bridging loans often means that the interest is typically higher than on a regular mortgage or secured loan. Interest is charged at a monthly rate rather than an annual percentage rate (APR) because the loan is designed to last a short period of time.
It is usually tenured between 3 – 12 months and sometimes up to 3 years.
A mortgage loan is usually 25 years but also age dependent.
This will be discussed at the point of engagement and usually includes property valuation costs, legal costs, conveyancing fees etc.
It can take from 3 days to 3 weeks
This is the amount of loan that can be accessed in comparison to the value of the asset to be purchased or provided as collateral
This would be through our licensed partners.
Business services include company formations, confirmations, tax filings, secretary, offices, etc
This is another alternative investment that give you good returns
Though a specialist mortgage but yes you can upon meeting the adequate terms & conditions
2nd citizenship means you have a 2nd passport of another country. This would usually mean visa free travel to a lot of countries and also for benefits of domicile and business tax efficiencies.
We can able you navigate this medical terrain
We would be happy to discuss it and let you know if it is possible or not.
There are recommended and trusted management companies in place to look after the property. The management of tenants and rent collection will be handled on your behalf.
Yes, there are payment plans available on off-plan property investments. However, in most cases a deposit level of 10-30% will be initially required on residential.
Mortgages are available for both UK and overseas investors for off plan and built up properties. The usual tenor of a mortgage loan is 25 years but also age dependent. We have mortgage brokers who will enable you to achieve this. We can also assist in helping you invest via a limited company for tax efficiency purposes. properties. The balance will be due at completion.
This is the amount of loan that can be accessed, as a percentage of the asset value that is to be purchased or is provided as collateral
No. It is available to all however a profile assessment will be undertaken on a case by case basis.
Once we’ve discussed your investment objectives either via phone, virtual meeting or email we will recommend suitable properties and provide you with all the information needed for you to make an educated and informed decision.
You will then need to complete our Client Profiling Form (CPF), a reservation agreement, provide ID, proof funds, proof of address and transfer a reservation fee to secure the property.
You will then be guided through the purchase process by us and a UK solicitor to completion.
Once the purchase is complete, a property management company can be instructed by you to look after everything on your behalf.
We have assisted investors from all over the world with building a property portfolio in the UK. With our honest and informative approach, we have developed loyal clients. Our continued success is focused on a continued business model, ‘word of mouth’ and client referrals. Rest assured you are dealing with a company of the highest ethical standards.
Yes, you are eligible for assets-based loans in the UK and abroad. You can also get bridging loans despite where you or the business is based. However adequate due diligence will be conducted.
Bridging loans are loans that are usually short term in tenor and are used in anticipation of the income of funds to repay that will usually be known to be generated at a specific time or period.
There are all kinds of reasons to take out a bridging loan for businesses, including bridging the gap between the sale of a house and the purchase of a new one, purchasing at an auction or the purchase of a property that is ‘non-mortgageable.’ A bridging loan could also be used for refurbishment, conversion, or the building extension of a property.
It can either be paid monthly or deducted from the loan amount.
Anything from £200,000 to £250m
UK individuals, Foreign individuals, UK Ltd Companies, Trusts, overseas nationals and companies can apply
Yes you can. Off plan payments are available in Dubai. The mortgages will be discussed on a case by case basis.
Yes we work and partner with professionals that are licensed, regulated and have the right prerequisite in their various fields.
This is also done through our regulated partners.
A holiday let investment means you buying a holiday property and letting it out and it gives good returns
Yes it usually has a store of value if you have the eyes for art otherwise we could get the curator to advise you accordingly.
This is various forms of advice on education either for you or your beneficiaries or wards.
We can help you with travel and resort arrangements.
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