There are a lot of very different places to live in the UK, and if you want the best quality of life it is important to pick where you live mindfully.
A lot of people of different ages put their priorities in connection with what represents a good quality of life in a different order, but the vast majority of them will agree that a good equilibrium among the money you have and the money you need to spend on necessities are crucial things.
If Croydon is a large town in south London. Today, undergoing a renovation, the town centre will welcome 68 storey developments, a brand new £1.4 billion shopping centre, and a redesign of the Fiveways intersection, with consent granted for 150 little flats outside Croydon station.
Nevertheless, Croydon offers more than just urban expansion. Located on the border of London, it is an escape to the attractive North Downs hills, yet London Bridge and Victoria are only a 15 minutes by train ride away. Immediately all this urban expansion is logical, as does the energetic growth in popular bars, cozy restaurants, museums and cinemas.
One of the biggest challenges of setting a foot in the Croydon Property Investing Market was always, Where and how do I find good deals?
The choices were simple and easy; to find a deal yourself through putting in a lot of effort to search, find, research, make an offer on, and finance the property. Or, to find a property sourcer. Either that be a professional sourcer or another investor who had access to a deal that didn’t fit in with their plans.
Unlike estate agents, property sourcers work almost exclusively for property investors or buyers. They often have a selection of buyers with whom they work closely and get to know better over time. Each sourcer has their own way of finding properties and through repeatedly working with buyers, know exactly what could be of interest or not.
It is useful to think of sourcers as property hunters. Whether you are a property investor looking to invest or an individual homeowner looking to find your dream home, a sourcer will be of great use and will be able to find the perfect deal for you.
There are three redeeming qualities that a sourcer can offer, notably contacts, a solid knowledge of a specific area and a certain level of expertise within the property industry.
The contacts are the bread and butter of a sourcer and implies that they have access to properties or deals which are not as evident or accessible to everyone. This could be houses that have not been listed yet, or properties which have received little to no promotion. In any case, property sourcers have a deep understanding of their customert’s needs as well as being specialists of their niches.
The niches that property finders fulfil are diverse and plentiful. Property sourcers can be specialists of specific property types, such as flats, houses, estates or even mansions! Most sourcers have a well-defined niche and are specialists within it. This niche could be purpose-built student accommodation, corporate lettings, social housing and even short-term lets.
Without no doubt, this specialisation is extremely beneficial to the investor or buyer and can prove invaluable as it can save a lot of time and effort. Another positive aspect of property sourcers is portfolio management, which constitutes a big part of a sourcer’s role. They can help structure a portfolio as well as offer advice on how to present it and how to invest wisely.
But, who could you trust? Would it actually result in less work, given you would be searching for a sourcer rather than a property? And, most of all, where are these people?
Well, let me tell you that there’s no more truthful and trustful sourcer than DealSourcing.co. This PropTech Software has been able to automate this process and create a platform that becomes your very own property sourcer. Through algorithms and the power of automation, the platform is able to find properties from all across the internet and sort them by ROI.
It saves you time, money and energy! The key feature of this platform is to find High Yield Properties. It’s a no brainer to have DealSourcing.co if you are looking for UK Property Investment.
The software also calculates the return on investment for every property on Rightmove and locates below market value properties for sale, saving investors hours of time spent on research.
Besides all the property sourcers available in the UK, you always need to be sure to perfectly research any deal that you are considering.
The main benefit of using a property sourcer is to get access to the best deals in the housing market. But, don’t forget that doing your own research is just as important as if you had found the whole deal on your own.
Even experts can be wrong sometimes, and who will know what’s a great deal for you? Yes, a property sourcer will save you time and money, but always do your own research, especially in the first couple of months. Over time, you will build up strong relationships with the right sourcers for you, saving you even more time and money over the long term.
The Top 3 Most Useful Use Cases of DealSourcing.co:
- BTL & HMO Deal Analyser
Say goodbye to all your property spreadsheets. For each deal, they calculate the cash flow, without the need for a spreadsheet or a calculator. Work out your maximum offer, including any costs, Stamp Duty, profits, or even if you have to leave money in the deal.
- Find High Yield properties by location
They’ve analysed the data of nearly 500,000 properties across England, Scotland and Wales. Their primary mission is to find the highest buy-to-let yield for each postcode.
- Find negative equity properties by location
Property is in negative equity if it’s worth less than the mortgage secured on it. They help you find those deals by geographic location.