REW Brochure

Real Estate The new generation of property investor Worldwide

With the current squeeze on buy CONTENTS “I’ve always looked at business from the client’s perspectiveto let landlords including higher taxes,restricted lending and low-yields you and I consider the top five qualities in business to bemay be wondering whether it is stilla worthwhile investment. HONESTY, TRANSPARENCY,We would like the opportunity to show SERVICE,you how we use our years of industry TRUST ANDexperience to help you: DELIVERY.• Find the right investment property I’ve seen all the ups and downs in property and know what is needed for a safe and secure investment. Therefore, my role• Receive 7%-10% Net income return p.a. supported by a brilliant team is to help our customers make the right decision.” • Bring you options with no Stamp Duty Land Tax DAVID COATES, MD & FOUNDER AT REW• Invest with a simple, safe purchase process About REW 3• Receive a hands-off-hassle-free, fully managed asset Buy to Let 4 Industry Sectors 6• Exit your investment with no fuss and maximum profit Purchase Process Made Simple 9 Support and Services 10 Q&As 11 Contact Us 15

ABOUT REW We live by our “ I called REW from a values every day Student Accommodation advertIn a very complex and in the newspaper. I was a first-competitive investment Established in 2013, we have sourced high-end time investor a year ago so wasmarket there was a need developments and investments from long-standing not sure what I could afford butfor a business that puts developer partners which they’ve successfully wanted a decent supplementary delivered to a large number of satisfied customers. income. I am so impressed withservice first. Peace of Mind the tips I received from REW on Variety how best to leverage my money. We know that there is not one product that fits Paul Cann, all. We continually source and grow our property UK portfolio with a manageable mix of products that “ I purchased with Developers approach us each week to will suit the needs of all property investors. consider several investment opportunities Chris at REW, there was and we put each one through a rigorous and Experience no pressure and I received comprehensive suitability test before we take it to market. Our due diligence process ensures We do not have a vast portfolio of products - we some great advice and that our clients’ investments are secure and get to know our products - we carry out legal andwith that was able to choose profitable. financial due diligence on every investment that we offer. This enables us to provide the right tailor- a great Student apartment People made solutions to each of our customers. - it was exactly what With a highly experienced team, our focus is Relationships I had been searching for. sourcing stable, high-end investments from established and trustworthy developers. We We take time to build relationships with our use our experience to offer the best tailor- product partners, and only work with established made solutions for each investor. We do the developers that have brought projects to fruition, hard work and present well thought-through have experienced management companies in place opportunities that offer unrivalled returns. and have sound legal purchase contracts. Suppor tAnnette Gardiner, Real Estate Worldwide manage and support Essex, UK the whole investment process and offer additional specialist advice via a group of carefully selected partners. We offer investors peace of mind, owing to the senior management’s 35 years’ combined experience in the property sector. 3

BUY-TO-LETWith poor returns from savings accounts, and Over the last three years the buy-to-lethigh risk from the stock markets; buy to let property industry has been enjoying something of a revival;is still the UK’s preferred investment. In fact it’s with increasing numbers of those in rentedoutperformed the FTSE for the past 20 years. accommodation as well as fears of pension shortfalls, more and more investors are putting their funds into buy-to-let properties. Since the financial crisis in 2008, homeownership is becoming an unaffordable dream for many. The ever-growing UK house market – with London reaching an average of £500,000 and £300,000 elsewhere – has resulted in thousands of people having no option but to rent privately. The Private Rented Sector (PRS) has seen a huge upward rise in the past decade – which is not set to stop in the near future. This is exactly why the buy-to-let market is so popular with investors looking for a low risk option with a high yield. With the tenant demand and rents increasing year-on-year, landlords are seeing their investments thrive. INVESTING IN THE Physical asset UK BUY-TO-LET ownership Sustainable MARKET OFFERS rental income Good capital growth potential 4

BUY-TO-LET | OFF-PLAN PROPERTY PURCHASEWith a housing shortage being The Location The Developerreported in most major UK cities it’sgetting harder and harder to access prime Through our network of REW work with only a handfulcity centre properties. Most serious UK developers, landlords and of experienced developers,landlords are now involved in purchases hundreds of hours of research who through long relationshipseither off-plan or during the build stage we identify the best areas for and due diligence, we can sayto secure the best rental properties UK investment. are responsible, diligent andbefore they come to market. Here’s bring their projects to fruition.how REW’s process lets you do just The Development Some of our developers havethat, safely and securely. built over 20 major projects Our relationships and and have thousands of pleased buying power is used to the investors that you can speak to. maximum effect to bring you carefully selected off-market It’s this attention to detail that developments priced below ensures you can access prices market value. and locations only available when purchasing pre-build; The Property with no less confidence than if you were standing inside your With our help you will select completed apartment. the best unit(s) within these developments; we can lend Please also see our our experience and offer you Q&A’s on page 11 tips where possible on what addressing many of the makes a great investment fundamental questions (orientation, size, layout etc) related to an off-plan investment purchase. 5

INDUSTRY SECTORS | STUDENT ACCOMMODATIONThe purpose-built student accommodation(PBSA) market continues to grow from strengthto strength.This only serves to reinforce theview proffered by Wall Street Journal andamong many others in recent years that PBSAis a world class investment opportunity.Student accommodation is built all over the UKas increasing student numbers drive the demandfor high quality accommodation. Experienceddevelopers through their in-house managementcompanies are finding occupancy of 96% –100%,which is proving a very sustainable return forinvestors. 6

INDUSTRY SECTORS | RESIDENTIALBuy-to-let Residential property has formany years been an excellent mediumto long term investment. Whether it ispurchased off-plan, during construction orbuilt; buy-to-let properties in the UK arewidely sought after by UK and overseasinvestors.Cities and towns with universities, thrivingindustries, businesses and good transportationlinks have great proper ty oppor tunitiesthat continue to deliver fantastic year-on-year returns and expected levels of capitalappreciation. 7

INDUSTRY SECTORS | LUXURY LODGESInvesting in a Furnished Holiday Let (FHL)luxury lodge is currently one of the bestmeans of making your money work for you.UK tourism is booming, the pound is at anall-time low and more and more people arechoosing a staycation rather than holidayingabroad.FHL luxury lodge investment attractsfewer fees and start-up costs than traditionalbuy-to-let property investments. It offersstrong annual returns and significant taxadvantages, including, no stamp duty plusAnnual Investment Allowance (AIA) andinheritance tax relief. 8

THE PURCHASE PROCESS Here at REW we believe in keeping things simple but informative. We will assist you through the purchase process, and can recommend a solicitor to act on your behalf and carry out the property conveyancing. You are free to appoint your own solicitor, however in our experience the purchase process is far smoother and faster when using a recommended independent solicitor who is familiar with the product.1 Once you have selected 2 Both parties’ solicitors will 3 The contracts are sent to 4 Upon receipt of your a property with your be instructed and a legal you for signature and at signed documents and consultant, they will prepare contracts pack will be issued this time your solicitor will ask receipt of Exchange deposit and send to you a reservation to your solicitor for review. for the outstanding balance of monies Exchange can take place. form for you to duly check, sign Your solicitor will ensure all Exchange deposit monies to be Your solicitor will then attend and return, accompanied with details are correct and raise any paid into their client account. to registration formalities with a due reservation fee. necessary enquiries regarding your contracts. land registry. 9

SUPPORT AND SERVICESGuidance Site Visits After-Sales Property Re-sales Due DiligenceYour property consultant If you would like to arrange a Your REW property consultant Where there is a developer buy Siteat REW will be on hand to viewing of the development(s) will liaise with both your back or exit strategy available Visitsanswer any of your questions you are interested in, please solicitor and the seller’s with a property investment, Mor tgagesthroughout the process, and will contact your property solicitor on your behalf, REW will arrange this for you. & Financeskeep you updated every step of consultant at REW and they will ensuring all documentation You may simply want to sell Legalthe way. Pick up the phone, drop gladly organise an Inspection is distributed, reviewed and your property asset which you Representationthem an email, or meet face to Visit. Even if the property you signed by the relevant parties can do at any stage. If you want Currencyface; they are happy to help. are investing in is not yet under in a timely manner to avoid any to sell your property at any Exchange construction, you could visit the unnecessary delays and maintain stage please speak with your Taxation local area and other projects the smooth and efficient path REW property consultant. After-Sales the developer has brought to Exchange and Completion of Care to fruition or is currently your property purchase. Proper ty constructing. Resales 10

Q&A Can I get a mortgage on an off-plan property?Buying property in anoff-plan development Finance can be obtained on most property purchases however it is imperative to keep in mind that a lender can only give you a ‘key illustration’ until the property is physically there.Approximately a month before completion your chosen lender will value the property and supply you your mortgage offer case by case dependant. When seeking a mortgage on an off-plan property it is always advisable to: • Know the loan to value (LTV) you will need to borrow, for example: if your deposit to the developer is 35% then you would need a mortgage of 65% LTV. • Only consider a mortgage on a residential unit measuring over 30sqm. • Have a back-up plan for the Completion balance monies, just in case mortgage criteria changes during the build phase of your property. 11

Q&A What are the five main benefits to buying off-plan?Buying property in anoff-plan development • Off-plan prices are below market value – typically 10%-15% lower than when built. • Choice of unit – eg: top floor and the best view. • During construction some developers will pay interest on deposit monies – 3% - 5% per annum interest – paid monthly or accumulated. • Often for the first one to three years a developer will guarantee a high sustainable rental return. • Owning a brand new property with a 10-year build warranty. How does the developer value the property? Depending on the location and type of the development the developer will look at local market conditions and survey like-for-like competitor prices within the area. In some cases developers will pay for an independent RICS survey however they are commonly a misrepresentation of the value as they do not take into account specification of the interior fit-out and furniture (if included). 12

Q&A How protected is my money during construction?Buying property in anoff-plan development Contractually whatever money you part with will be used for the build of the development you are buying a unit in and often this is drawn-down weekly from the developer’s solicitor. Developers, as per the example given below, will set out the payment plan per project with the idea that the deposit monies will get the development off the ground, and then commonly if the deposit paid is lower than 50% of the purchase price a tangible stage payment at roof level will be asked for and the rest upon completion. Investors often find comfort in meeting the developer and seeing previous completed projects. How can I ensure the build quality? Visit and meet the developer and look at the quality of previous developments they have brought to fruition, or visit the show room of the project you are interested in. Also ask your sales consultant for a build specification. 13

Q&A What are the typical payments I will need to make?Buying property in an i.e. is there a stage payment?off-plan development It depends on the project and the developer, but as a guide a common payment plan would be: • 30% - 40% – Deposit on Exchange • 25% - 35% – Roof stage payment • 45% - 25% – Completion balance 14

Contact us TALK TO OUR PROPERTY INVESTMENT TEAM TO FIND THE IDEAL PROPERTYReal Estate INVESTMENT FOR YOU. Our specialist team can help you find your way to safe and secure Worldwide property investments that offer sustainable year- on-year returns. Our carefully selected portfolio of fully managed residential and commercial properties start from just £53,000. Get in touch t 0800 088 2656 e [email protected] w www.realestateworldwide.co.uk 165

Real Estate Worldwide