Frequently Asked Questions
What areas does RWH property sourcing cover?
We primarily cover the North West of England, ensuring local expertise and efficient service.
How do you vet potential tenants?
We use local letting agents to carry out the background checks, reference checks, and credit assessments to ensure reliable tenants.
What maintenance services do you offer?
We offer routine inspections, emergency repairs, and preventative maintenance to keep your property in top condition. All carried out by qualified professionals.
Do I need a property sourcer to buy a house in the North West?
A lot of people understand the benefits buy to let property investing in the North of England but they don’t have the time or experience that successful property investing requires. It can also be difficult to invest in an area if you don’t live nearby. A good property sourcer in the North of England will use their skills and experience to look after everything for you to ensure your investment is a success and as passive as possible.
What does a property sourcer do?
A good property deal sourcer in the UK knows where the good investment areas are, conducts viewings, conducts due diligence on deals, accurately present deals to clients, case manages properties through conveyancing, project manages refurbishments, oversees the lettings process, builds and maintains relationships with local professionals including agents, builders, solicitors, broker, surveyors, architects. In a nutshell, they will look after everything for you to ensure your investment property is a massive success.
How is a property sourcer different from an estate agent?
A property deal sourcer acts for the buyer, whereas an estate agent acts for the seller. An estate agent trys to sell any property that they find whereas a good property sourcer will find good buy to let investment properties, negotiate the best possible price and present to their client. A property deal sourcer's work does not end here - next they will case manage the property through conveyancing, project manage any refurbishment and oversee the lettings process. They will make sure you buy and correctly setup a rental property.
How much do you need to get started in property investing?
Mortgage Purchases
To begin investing with us, it's essential to have sufficient funds to cover various expenses, including the mortgage deposit, stamp duty land tax, legal fees, refurbishment costs (if applicable), and the sourcing fee. We advise that the minimum cash requirement to collaborate with us is £25,000. However, having access to a larger sum would grant you access to a broader spectrum of the market. This estimated amount encompasses all associated costs.
Cash Purchases If you are buying with cash you will need a minimum of approximately £85,000
Have More Questions?
Reach out to us for any additional information or inquiries. We're here to help!