Northumberland, United Kingdom (PressExposure) August 06, 2009 -- Paul Clifton, Co-founder and Timon Shiner, formerly Purchase Manager of Residential Investments, has created an innovative and lucrative property franchise opportunity. Residential Investments has over 20 yearâs experience and a team of 35 property experts. It is also one of the UKâs largest property buyers.
Over the past two years the downturn in the economy has caused stagnation in the domestic housing sector. As a result home ownership in the UK is falling. Last year there was a staggering increase in rental properties of 56% year on year; this means there are now around 2.4 million privately rented properties. This figure is predicted to grow by 20% by 2020.
Reluctant mortgage lenders and the fear of falling house prices are deterring people from stepping onto the property ladder. The knock on effect has meant estate agents have more unsold properties on their books than ever before. There are an estimated 17,000 estate agents and 12,000 letting agents operating within the UK. All of these contributing factors have resulted in an unprecedented opportunity in the buy to let sector.
Property Cashpoint offers property franchise owners the opportunity to work their own exclusive territory to source buy to let property from estate agents. Property Cashpoint use regional and national marketing to find homeowners who wish to sell. All homeowner enquiries are carefully screened using strict criteria from our inbound call centre. Once the homeowner is qualified they are appointed to a franchise owner.
The franchise owner visits the property to establish its condition and investment potential using our comprehensive fact finding system, an offer may be made at this time. If the offer is accepted Property Cashpointâs support team compiles a home information pack for the homeowner, in readiness for the franchise ownerâs second visit when a sale is agreed.
Once an investor has agreed to purchase the property, Property Cashpoint organises the legal paperwork, the contract and financing right through to completion. All this is overseen by our completions team who will handle any queries arising between the vendor and investor. By keeping the whole process in one place, Property Cashpoint can complete sales in weeks rather than months.
Franchise owners are given full training and support, effectively taking advantage of Property Cashpointâs vast resources and property investing experience. For more information on this exciting prospect please visit www.propertycashpoint.co.uk
For enquiries please email: email@example.com