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Pact Package

We're with you from the moment you decide you want become a co-buyer.

We make sure you understand the buying process in-depth from start to finish before beginning the project.

How we introduce co-buyers to each other

Property Pact provides effective methods of introducing likeminded co-buyers.

Our message board is your first step to finding your pact partner. You can see at a glance people like you wanting to buy in the same area.

You can then become a member to contact these individuals, inviting them to meet you at our next event.

We host monthly events for co-buyers and investors to meet and greet throughout the UK. We offer an alternative night out and the opportunity to mingle with other co-buyers without any pressure or obligation. Our guests come from a wide range of areas and professions, ensuring that there will be a great mix of individuals for you to meet - all with the same agenda - hoping to find the perfect co-buying partner.

Keep an eye on the Pact Events for the details of our next meet and greet.

Purchasing Options

These troubled times have forced us to look at property purchase differently

Rent-to-Own Scheme

This is a revolutionary method of ultimately owning your own home. In tandem with our panel of new build developers we can offer you a financially secure mode of property purchase. You choose a property from our database. You agree a fixed term rental period; this can be anything from one to three consecutive years. Upon expiry of that term you receive a lump sum (up to 100% of your rental expenditure) to form your deposit at time of purchase. In essence you are living rent-free until such time you are in a position to purchase that property. There are no catches, there are no limitations, it’s really that simple.

The property price at the time of rental expiry is reflective of that current market. Should the property price have decreased within that fixed term, the ‘Rental Pot’ is adjusted on a pro rated basis.

Example:

If the property price remains the same, or is higher in value, the Rental Pot will contain the full rental you have paid over the fixed rental term.

Now you can get on the ladder. The days of paying other peoples mortgages are a distant memory. From the first day of your rental term you are theoretically the owner.

Shared-Ownership allows individuals to enter into a purchasing contract with investors. You own a percentage of the property, paying rent on the remainder, which is retained by the investor. After a fixed term you have the option to purchase additional shares or buy the remainder of the property at the market rate.

Co-buying is still a very real and viable method of property ownership. We agree it doesn’t suit everyone, however, if you’re a single person who can share property ownership with another in order to fulfil your property ownership desires, this is a fantastic opportunity. Take a look at the members board to find like minded individuals wanting a home they can call their own.

Property Search

Finding the perfect property and being totally confident in your decision can be overwhelming. We all know house hunting is time consuming and stressful. With Property Pact you can begin your property search yourself, or leave it to our professional Search Agents, who will oversee the entire process on your behalf.

Our Property Search Agents can help you to find your dream home. We act wholly on your behalf and can help to remove the stress of a move by providing independent and extensive local advice and support on all aspects of relocation from property searches, negotiation, time saving and managing the whole buying process.

We accept property listings from private sales, estate agents and new homes developers.

The benefits of using a Property Pact Search Agent:

Behind the Scenes

We are constantly working for you. We evaluate your profile and scour our members database for like-minded co-buyers. You will receive monthly newsletters and regular email alerts of our new members and properties in your preferred areas. We will let you know about new opportunities in the property market, send you an invitation to our events and keep you up-to-date with mortgage and first time buyers news.

Financial / Mortgage Advice

Our independent Financial and Mortgage experts are on hand to offer free, confidential and impartial advice. You can access online independent financial advice from our nationwide team of highly qualified IFA experts. Discover your potential borrowing power with co-buying using our Calculator. We find a mortgage provider that offers attention to detail and exceptional customer service as well as low rates.

Our mortgage brokers understand the complexities of co-ownership; their experience in this field is tantamount to the success of your application.

Contractual and Legal Assistance

Acquiring the co-ownership of a property must be treated as a business Partnership. Our team of specialists keep you properly informed of your rights and obligations and assist you with legal advice and comprehensive contractual creation.

Realising your individual responsibility, equity, rights and the practical Elements of living together legally we have a team of highly trained legal Professionals on hand to protect your interests. With your full input we will create a Deed of Trust, a Co-habitation Agreement and a Will.

A Deed of Trust is legally binding, detailing how the ownership of the property is proportioned, what happens if you want to get out, financial aspects such as monthly payments and what if one of you loses your job. This contract will be written by our solicitors on your behalf. A Deed of Trust is essential if co-ownership is to work for you.

Co-habitation Agreement is not legally binding, but is a statement of clarity relating to financial commitments within the co-buying partnership. This document recognises your business relationship and the responsibilities of each co-owner both financially and domestically.

Last Will and Testament

Buying a property is a significant lifestyle change. Our Will writing service ensures your investment is protected; giving you peace of mind entering an agreement such as co-ownership. As a member of Property Pact.co.uk our professionals will complete your Last Will and Testament. Our quick, simple and affordable Will solution allows you to amend your Will whenever you want, and as many times as you require.

Investment Opportunity

Property Pact.co.uk makes property investment available to everyone.

Buying as a collective gives you great buying power.

But our service doesn't end when you agree to invest in a property. We will assist you with legal aspects, financial advice, mortgage brokerage and lettings as required. If you have never bought a property before, don't worry - we will make sure that everything goes smoothly and according to plan.

Spread the word about Property Pact and co-buying tell a friend about us.

Register with Property Pact today and take the first step towards the reality of owning your own home.

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