Frequently Asked Questions

If you’re considering using Prime Property Sourcing Ltd for your next investment please have a read below.

When do your deals get released?

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Why do we charge a finders' fee?

Like any professional service, we don't work for free – and we believe in the value we bring. Our process involves thorough analysis, often reviewing around 30 houses to identify the select few that align with our stringent investment criteria. This dedication ensures we deliver quality opportunities tailored to your investment goals.

brown brick building under blue sky during daytime
brown brick building under blue sky during daytime
red and white house surround green grass field
red and white house surround green grass field
assorted-color concrete houses under white clouds during daytime
assorted-color concrete houses under white clouds during daytime
Can I view the property before paying a reservation fee?

Simply put, we do not disclose property details, estate agent information, or pictures without a paid fee. This policy safeguards our invested time in sourcing the property. Upon payment, if the property doesn't match our description, you are entitled to a refund.

What happens if I don't get any tenants?

We've diligently vetted all the properties we recommend, ensuring they meet the standards our directors would personally invest in. However, it's important to acknowledge that investments inherently carry risks. Rental income isn't guaranteed, and we bear no responsibility for future earnings or property values. Like any investment, there are risks to assess before committing. We are committed to providing you with as much information as possible to support your decision-making process.

a street with cars parked on the side of it
a street with cars parked on the side of it
brown and white concrete building
brown and white concrete building
white and gray concrete buildings
white and gray concrete buildings
If I cannot get a mortgage, can I get a refund?

While we appreciate your interest, as an investor, it's crucial to understand the property buying process. We strongly advise consulting with a broker beforehand to assess your mortgage eligibility and borrowing capacity. Reserving a property and later withdrawing puts us at a financial loss and disappoints the vendor relying on a swift sale. We can happily share recommendations for trusted mortgage brokers to assist you in this process.

What if I don't like the look of the property or the area?

Investment decisions should prioritize numbers over aesthetics or location, as you won't be residing there. While it may not be your ideal living space, tenants often see it as their 'home from home.' True investors focus on numbers and formulas, setting aside personal preferences. The appearance of a property doesn't matter to a savvy investor; what counts is the Return on Investment. In fact, some of the most lucrative properties may not be the most visually appealing.

What happens if the property falls though due to issues that arise from the survey?

We use a detailed viewing form and ensure our team is well-trained in property assessments. While we conduct thorough inspections, certain areas may be inaccessible. In the case of costly repairs, we collaborate with investors to assess expenses and post-repair ROI. If the investor decides not to proceed, we assist in finding a suitable replacement. We recommend obtaining repair quotes before deciding to withdraw.

I want a hands-off investment. Can you handle everything from acquisition to furnishing?

We streamline the entire process, allowing you to invest effortlessly without even visiting the property. Our concept revolves around 'Easy Investing for the Busy Professional.' Numerous clients reserve properties and entrust us with handling all aspects on their behalf. Let's discuss if this aligns with your investment strategy.

cars parked in front of brown concrete building during daytime
cars parked in front of brown concrete building during daytime
tree planted outside white house with red door
tree planted outside white house with red door
a row of orange brick buildings on a city street
a row of orange brick buildings on a city street
Is there a cooling-off period, and what are the cancellation policies?

Yes, there is a 14-day cooling-off period from the date of payment receipt. Once payment is received, we, as the property sourcer, have a 48-hour window to send you the investor pack. This pack contains all the necessary information for you to conduct your due diligence and make an informed decision. If you decide to cancel within the 14-day cooling-off period, please refer to our cancellation policies outlined in the investor pack for details on the process and any associated terms.