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Buying Agent

Services / Buying Agent

London Luxury Property

Why you need a buying agent?

Save time and make your money go further

95% of people believe they can do a successful property search on their own.

  1. But the real estate market suffers from assymetric information -- by looking on portals you only get part of the information. Many properties are not listed on the open market and become available much later.
  2. Time: looking for a property takes a lot of time. Most people will contact only some of the estate agents, who in turn will push their available inventory resulting in time wasted on viewing unsuitable properties. By contrast, we introduce our clients to the most suitable properties available in their chosen areas by researching and aggregating all the available properties in your chosen area to meet your needs and your budget.
  3. Off–Market, is not a myth. It is a reality. Many properties (particularly above a certain level) are not sold on the open market. If you do not have somebody to make them available to you, you cannot have access to them. We can source the best Off-Market properties and cover all of the market for you.

Insider Knowledge

  1. Most buyers have an idea about a particular area they would like to live in. But London is the aggregate of various villages with distinct options in each one. Sometimes what you want is not in Chelsea but in Notting Hill or in South Kensington. We can help you discover the best areas and hidden gems in each one.
  2. By introducing you to new areas, we can also make your budget go further and identify property better suited to your needs for the same money or less.
  3. Our international background means we can also bridge the gap between your standards and what is available in London so you can view properties that appeal to you and serves your needs.
  4. Short leases present great opportunities that many ignore. If a lease is short, there is a whole procedure to evaluate the price of the extension and this has an impact on the price of the property. We have the knowledge and the right contacts to get that information and to negotiate the right price. Our knowledge is your edge. 

Pay the right price

  1. Most people are not aware of the various price differentiations and the reasons behind. All the areas in London are split into Tiers: Tier 1 is more expensive than Tier 3. To make matters more complicated, sometimes a street has various pricing points. For example, Eaton Square has a favourable side that is more prestigious than the others. We have the knowledge about the areas and the various price 2 differentiations and we will negotiate on your behalf to achieve the best possible price for a given property.
  2. Doing proper due diligence takes time. You need to access the right information which is not always readily available. We have access to all the necessary information to make sure you make an informed decision.
  3. For many people, acquiring a property will be the biggest expense they are ever likely to have. So why rely on advice from estate agents when they are working in the best interest of the vendor? And that is not you. Our clients, whether locals or foreigners come to us for discrete, discerning buyer representation. If you work with us, we will ensure the best outcome for you.

Experience

  1. We have been helping clients since 2012 to realize their property expectations. We have worked with private individuals as well as investors both locals and foreigners. Throughout the years we have been exposed to many situations. By working with us, you benefit from our experience and negotiation skills.
  2. Furthermore, with our legal and financial backgrounds we are able to provide objective advice on value, yield or potential for capital growth so you can make an informed decision. We are also straight forward, if a property is not suitable, we will let you know.

Smooth Execution

  1. Around 1/3 of all transactions fail because the buyer does not have the mortgage in place, or the right solicitor or the right tax advice. Over the years, we have developed a great networkof experts to ensure that the deal gets completed.
  2. One point of contact. When you need to coordinate the whole transaction and all the various parts, the agency model requires you to chase all the component parts. By contrast we offer one point of contact to coordinate necessary for a smooth execution – taking away stress and saving you time.

So if you are looking to buy a property in Central London, simplify your life. Work with us, and get professional, unbiased help and advice from start to finish. To see how we can help you.

CONTACT US 
 
 
 

Conversations with London Property Podcast

Towards the end of last year, I was delighted to be interviewed by London Property: The Home of Super Prime to discuss market impressions and expectations for 2023.

We discussed the estate of the property market in Central London, as well as one of my favorite subjects: the rental market and what I believe will happen to the property prices. If you are curious, the whole conversation is here: Conversation with London Property: Link

London Property provides informative and educational content from industry leaders through podcasts and videos, with new content released weekly. The platform covers various aspects of the real estate experience, including buying and selling, finance, law, tax, construction, design, and more. The goal is to provide users with the resources and connections they need to make informed decisions and navigate the super-prime property market, with a focus on personal recommendations.

#londonproperty #buyingagent #rentalmarket 

When buying a house turns complicated…(and why having a buying agent makes a difference)

The Searching
Back in October, we were retained by a client who comes to London often because of his work. The property had to be in Chelsea, within 10 mins walk of his family. The client knew what he wanted, and the brief was very precise.
After a careful selection, we showed the client around 25 properties in 3 days. There were 2 he liked and after much consideration, he chose one. The offer was made, and after a brief negotiation, both buyer and seller agreed. The transaction was going to be done quickly. Ideally exchanged within the standard 3 weeks.

The Challenge

Buying a freehold property in cash is ‘in theory’ quick. But then… problems started to appear. Some legal, some had to do with insurance, and others were completely outside the buyer’s control.

Solicitors: we knew the solicitor the buyer appointed, and he is very good and comes from a reputable firm, we also knew that he is very busy. At all times we had to be on top of things. Note: Don’t assume you can ‘delegate’ a deal with the solicitor.  So many transactions fail because of the solicitors, just be on top of them and be patient.  Also, before appointing a solicitor, as part of your due diligence ask them how many deals they are currently doing. You do not want to be the last of the pile (which sometimes can be the case when you choose the cheapest solicitor)

The Sellers’ agent: the agency dealing with the sale is very experienced and was keen to get this done. However, when time started to drag on and we were long past the exclusivity period, politically the UK was going through a storm. The Seller became nervous (and the agent too). We updated the agent every day, sometimes, more than once a day. Note: having a fluid conversation with the seller’s agent is key. At all times, keep them in the loop of what’s going on, even if what you have to say is not good news.  Managing expectations is key.

The Bank: Did you know that banks in some jurisdictions (Dubai for example) are not willing to send money to a 3rd party account in the UK (what is known as a 3rd party payment)? Even if that account is that of a solicitor. That they will only transfer to an account in the client’s name but if the client has no UK account this is an issue. Fortunately, because of our extensive network of contacts, we knew the perfect company which could be of help.  Even then, the buyer’s bank made a mistake and send the money to the wrong place (!) Note: If you live abroad do not wait until the last minute to make a transfer. Speak to your bank and get those details right. Have it all organized well before the exchange date. Your solicitor can hold the funds for you in escrow.

The Perfect Conclusion
As experienced buying agents, we have the knowledge and the contacts to make things happen, and for the execution to be as smooth as possible. We are constantly monitoring the progress of a transaction and if there are issues, we have the tools to solve them. We do not take NO for an answer. Despite facing many complications, at the end, we were the client’s unfair advantage and the reason this deal happened. Even the Seller’s agent acknowledged the deal would have fallen apart without us. The client is now about to complete. And we have already introduced him to architects and designers that can help turn this house into his dream London home.

Having a buying agent help you when buying a property is not just about finding the right property, it is also negotiating the best price (and conditions) and making sure the deal happens.

As always, I would be delighted to offer any property advice, so please feel free to contact: This email address is being protected from spambots. You need JavaScript enabled to view it.

#buyingahome #convenyacing #londonproperty #buyingagent #trustedadvisors #chelseahouses #advisors #londonrealestate #dreamhome #propertyconsultants