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Frequently Asked Questions

Who are Kingsbridge Property Solutions?

KPS are an estate agency with a difference - we specialise in selling discounted investment property and achieving quick sales for developers.

Who are our buyers?

Our database of buyers includes high net worth individuals, institutional investors and hedge funds, all with one thing in common- their appetite to acquire to acquire discounted investment property.
KPS pre-qualify all prospective buyers to ensure they can proceed.

What type of property do we look for??

Our buyers will look at any new build stock units, off plan units and also properties which you have taken in part exchange deals. The units can be pre-let or vacant.
We will require a period of exclusivity to market the units (to be agreed), however we are happy to work in conjunction with your existing sales team.

How much discount do we need??

We appreciate that every deal is different and will depend upon the urgency involved. The greater the level of discount you can offer the more attractive the proposition will be to our investors.
In addition to the overall level of discount, when considering any potential opportunity our investors will also take into account the net price, location and yield produced.
Obviously, the opinion of surveyors continues to play a huge role in the current market. So where possible we will require copies of any recent RICS valuations you may have to support the levels of discount being offered.

Do we pay reservation fees??

Yes, it is our standard practice to get each purchaser to complete the developers’ own reservation form and to pay a non-refundable reservation fee.

How are purchases funded??

This will depend on the individual purchaser, however typically a number will be purely in cash, with the remainder by way of mortgage, draw down or other facility. KPS will liaise with lenders and brokers to ensure the smooth progression of each sale.

How much will it cost to use KPS??

Whilst this will depend on the individual deal, it is very simple we will charge a nominal estate agency fee. Just like you we are motivated by results and so our fee will only be payable upon legal completion.

What else should I know??

Our sales are completely transparent and at arm’s length and comply with all legal and CML requirements.
Valuations are only ever instructed at net prices – we will not ask for valuations to be carried out at gross.
We will never ask you to assign, back to back or sub-sale.
We can offer a bespoke service to suit the requirements of all clients.
We will progress sales on a daily basis and can provide updates as required.

 

 
 
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