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	<title>Below Market Value &#187; News</title>
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	<link>http://www.belowmarketvalue.co.uk</link>
	<description>The BMV Property Investor Resource</description>
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		<title>Update on Mastermind University Intake 2009</title>
		<link>http://www.belowmarketvalue.co.uk/property-news/update-on-mastermind-university-intake-2009/</link>
		<comments>http://www.belowmarketvalue.co.uk/property-news/update-on-mastermind-university-intake-2009/#comments</comments>
		<pubDate>Fri, 04 Sep 2009 23:48:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[BMV Workshops]]></category>
		<category><![CDATA[Mentoring Programme]]></category>
		<category><![CDATA[Richard Shepherd]]></category>
		<category><![CDATA[The Mastermind University]]></category>

		<guid isPermaLink="false">http://www.belowmarketvalue.co.uk/?p=630</guid>
		<description><![CDATA[**** Breaking News from Richard Shepherd ****
I have decided to accept a maximum of 30 people into this exclusive mentoring programme, and 24 of the spaces have already been taken, meaning there are just 6 left &#8211; so if you want in, you&#8217;ll have to be quick!
AND: If you&#8217;re accepted onto the programme, I GUARANTEE [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Fupdate-on-mastermind-university-intake-2009%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Fupdate-on-mastermind-university-intake-2009%2F" height="61" width="51" /></a></div><p><strong><a href="http://www.belowmarketvalue.co.uk/wp-content/uploads/Richard-headshot.jpg"><img class="alignleft size-full wp-image-341" title="Richard headshot" src="http://www.belowmarketvalue.co.uk/wp-content/uploads/Richard-headshot.jpg" alt="Richard headshot" width="119" height="159" /></a>**** Breaking News from Richard Shepherd ****</strong></p>
<p>I have decided to accept a maximum of 30 people into this exclusive mentoring programme, and 24 of the spaces have already been taken, meaning there are just 6 left &#8211; so if you want in, you&#8217;ll have to be quick!</p>
<p>AND: If you&#8217;re accepted onto the programme, I GUARANTEE you&#8217;ll make AT LEAST an extra £50,000 from your property portfolio in the next 12 months&#8230;</p>
<p>In fact I&#8217;m so confident that if you don&#8217;t, I promise to refund every penny of your investment &#8211; in full!</p>
<p>You can&#8217;t say fairer than that, can you?</p>
<p>So, if you&#8217;re truly committed to transforming your financial future in the next 12 months, I recommend you get over to now to get your application in and grab one of the 6 remaining spaces available!</p>
<p><a href="/links/the-mastermind-university.php" target="_blank">TheMastermindUniversity.com</a></p>
<p>______________________________________________________________________</p>
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		<item>
		<title>Cashflow Positive New Builds &#8211; Do They Exist?</title>
		<link>http://www.belowmarketvalue.co.uk/property-news/cashflow-positive-new-builds-do-they-exist/</link>
		<comments>http://www.belowmarketvalue.co.uk/property-news/cashflow-positive-new-builds-do-they-exist/#comments</comments>
		<pubDate>Fri, 14 Aug 2009 11:01:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[armchair investment services]]></category>
		<category><![CDATA[bmv deals uk]]></category>
		<category><![CDATA[bmv property deals]]></category>
		<category><![CDATA[BMV Property Leads]]></category>
		<category><![CDATA[new build bmv deals]]></category>
		<category><![CDATA[Property Horizons]]></category>
		<category><![CDATA[propertyhorizons]]></category>

		<guid isPermaLink="false">http://www.belowmarketvalue.co.uk/?p=617</guid>
		<description><![CDATA[As developers are getting more keen to shift units then this is when new-build can start to become attractive, as they now &#8217;stack&#8217;. By securing up to 30% discounts off current true market value, new build apartments and houses start to make financial sense. Many investors steered clear of new-build, and quite rightly so, as [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Fcashflow-positive-new-builds-do-they-exist%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Fcashflow-positive-new-builds-do-they-exist%2F" height="61" width="51" /></a></div><p>As developers are getting more keen to shift units then this is when new-build can start to become attractive, as they now &#8217;stack&#8217;. By securing up to 30% discounts off current true market value, new build apartments and houses start to make financial sense. Many investors steered clear of new-build, and quite rightly so, as they were usually over-valued, and the yields took a bashing when mulitple units compete to secure tenants!</p>
<p>However the guys at Property Horizons show how new-build apartments can actually make sense, when you secure a decent discount from the developer. They have given some examples of some recent units they have sold in Liverpool, these were for some luxury apartments with instant £40,000 of equity build in, large positive cashflow from day one and also high rental demand waterfront location.</p>
<p>  <strong><em>Example Financials For 2 Bed Apartment With Parking</em></strong></p>
<p style="text-align: center;"> <strong>For 80% LTV Residential Finance = Cashback</strong></p>
<p align="center">Market Value: £160,000 (As Colley&#8217;s Valuation)</p>
<p align="center">Purchase Price: £120,000</p>
<p align="center">25% Deposit Paid By Us:  (£40,000)    </p>
<p align="center">Finder&#8217;s Fees And Purchasing Costs: £5,000 </p>
<p align="center">Cashback : £8625</p>
<p align="center">Net Cashflow (Less costs): +£3625</p>
<p align="center"> </p>
<p align="center"><strong>For 75% LTV Residential Finance = Huge Cashflow</strong></p>
<p align="center">Market Value: £160,000 (As Colley&#8217;s Valuation)</p>
<p align="center">Purchase Price: £120,000</p>
<p align="center">25% Deposit Paid By Us:  (£40,000)   </p>
<p align="center">Net Rental Income: +£300 pcm</p>
<p align="center">Finder&#8217;s Fees And Purchasing Costs: £5,000 </p>
<p align="center"> </p>
<p align="center"><strong>For 65% LTV Buy To Let</strong> </p>
<p align="center">Market Value: £160,000 (As Colley&#8217;s Valuation)</p>
<p align="center">Purchase Price: £120,000</p>
<p align="center">25% Deposit Paid By Us:  (£40,000)</p>
<p align="center">10% Deposit Paid By You:  (£16,000)     </p>
<p align="center">Net Rental Income: +£200 pcm</p>
<p align="center">Finder&#8217;s Fees And Purchasing Costs: £5,000 </p>
<p style="text-align: left;">These financials just highlight that, given the right discount new-build units can start to look more attractive to investors, especially those investors who are looking for low maintenance, and higher end rentals.</p>
<p style="text-align: left;">Property Horizons are specialist property sourcing experts for both UK and also overseas property investments, they also source fully rented non new-build properties for investors with their below market value armchair portfolio building service. You can <a href="/links/property-horizons-bmv-deals.php" target="_blank">register here </a>to be added to their members only ready-made-deal email list for their BMV deals.</p>
<p style="text-align: left;">To view their current investment deals both for the UK and overseas you can <a href="/links/property-horizons.php" target="_blank">visit their website here</a>.</p>
<p style="text-align: left;">_____________________________________________________________________________</p>
<p style="text-align: left;"> </p>
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		<item>
		<title>Property Trading Platform &#8211; is now LIVE!</title>
		<link>http://www.belowmarketvalue.co.uk/property-news/property-trading-platform-is-now-live/</link>
		<comments>http://www.belowmarketvalue.co.uk/property-news/property-trading-platform-is-now-live/#comments</comments>
		<pubDate>Mon, 27 Jul 2009 12:37:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[below market value property leads]]></category>
		<category><![CDATA[bmv property deals]]></category>
		<category><![CDATA[BMV Property Leads]]></category>
		<category><![CDATA[property source worldwide]]></category>
		<category><![CDATA[property trading platform]]></category>
		<category><![CDATA[Ready Made Deals]]></category>
		<category><![CDATA[the BMV estate agent]]></category>

		<guid isPermaLink="false">http://www.belowmarketvalue.co.uk/?p=482</guid>
		<description><![CDATA[Now you can find genuine and deliverable BMV property deals, with a brand new property investor and residential homebuyer service from Property Source Worldwide. It’s been nine months in the making but The Property Trading Platform is now LIVE!
The Property Trading Platform is a web-based discount property trading portal that gives you access to property deals from the [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Fproperty-trading-platform-is-now-live%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Fproperty-trading-platform-is-now-live%2F" height="61" width="51" /></a></div><p><img class="alignleft size-full wp-image-494" title="propertysourcelogo" src="http://www.belowmarketvalue.co.uk/wp-content/uploads/propertysourcelogo.png" alt="propertysourcelogo" width="216" height="108" />Now you can find genuine and deliverable BMV property deals, with a brand new property investor and residential homebuyer service from Property Source Worldwide. It’s been nine months in the making but <strong>The Property Trading Platform</strong> is now LIVE!</p>
<p>The <a href="/links/property-source-worldwide.php" target="_blank">Property Trading Platform </a>is a web-based discount property trading portal that gives you access to property deals from the UK and Worldwide.  The Property Trading Platform is a discreet subscription-based network for property finders and investors to trade BMV property.</p>
<p>They have singular residential properties, land, commercial property, portfolios, developments and international resorts.  All properties are offered below the current market value.  Many of the properties we list are Ready Made Deals that come with 100% financing packages which enables you to purchase property using little or none of your own money.</p>
<p style="text-align: left;"><strong>Benefits of using the Trading Platform:</strong></p>
<p><strong>Contractually binding Terms and Conditions</strong> &#8211; All subscribers agree to the Terms and Conditions when they register.  This provides protection for all parties involved in the listing, reservation and purchase of properties on the website. The terms are designed to ensure (as much as possible) that investors are not left out of pocket and suppliers get paid for their properties.  They are designed to eliminate the need for property finders to repeatedly get property investors to sign NCCA’s (Non-circumvention and confidentiality agreements), Finders Fee and Reservation Fee Agreements.</p>
<p><strong>Deliverable Property Deals</strong> &#8211; Safeguards are built into the operating systems that ensure (as far as possible) that all deals presented by any of the subscribers are genuine and deliverable.  No deal that is sent through is activated until they receive the property and undertake investigations behind the scenes.  They check with all parties involved that the deal is genuine and ensure that all details presented are correct.  They also ensure that the party presenting the deal has a contractual agreement secured with the vendor, such as a Purchase Option Agreement or Sales Mandate.</p>
<p><strong><a href="http://www.belowmarketvalue.co.uk/wp-content/uploads/Propertysourcelogo2.jpg"><img class="aligncenter size-full wp-image-551" title="Propertysourcelogo2" src="http://www.belowmarketvalue.co.uk/wp-content/uploads/Propertysourcelogo2.jpg" alt="Propertysourcelogo2" width="512" height="43" /></a></strong></p>
<p><strong>Secure Reservation System</strong> &#8211; To reserve a property on the website an investor must submit a Reservation Request.  This is done online.  The request is sent to the appropriate Property Finder (the Finder).  The Finder is required to accept the request by logging into their account.  Once accepted both parties are subject to the Reservation System terms and conditions.  They collect the relevant reservation fee from the investor and the property is then classed as Reserved.</p>
<p><strong>Keeping you updated</strong> &#8211; They know how important it is to keep you informed.  Whether the purpose is to provide properties for sale, to look for property to buy, or both, the fast and efficient monitoring and reporting systems ensure that we keep you updated every step of the way:</p>
<p><strong>Why The Property Trading Platform was created</strong></p>
<p>Property Source Worldwide designed the system in response to the problems experienced by property finders and investors since the start of 2009.  There was a growing number of property deals being bandied around in emails by agent after agent with no traceability and assurance that the deals were deliverable.  Be sure that every property deal we are sent by property finders has been researched by the in-house team before you see it on the website.</p>
<p>For more information of the Property Trading Platform and to take advantage of their <strong>3 Month FREE Trial</strong> &#8211; <a href="/links/property-source-worldwide.php" target="_blank">Click Here</a></p>
<p>___________________________________________________________________________</p>
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		<title>Rapid Property Opens it&#8217;s Doors Again</title>
		<link>http://www.belowmarketvalue.co.uk/property-news/rapid-property-opens-its-doors-again/</link>
		<comments>http://www.belowmarketvalue.co.uk/property-news/rapid-property-opens-its-doors-again/#comments</comments>
		<pubDate>Wed, 08 Jul 2009 18:46:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Below Market Value Property Investments]]></category>
		<category><![CDATA[BMV Leads]]></category>
		<category><![CDATA[BMV Property Leads]]></category>
		<category><![CDATA[Phil Martin]]></category>
		<category><![CDATA[Portfolio Building Service]]></category>
		<category><![CDATA[Rapid Property Investment]]></category>
		<category><![CDATA[Ready Made Deals]]></category>
		<category><![CDATA[www.rapidpropertyinvestment.com]]></category>

		<guid isPermaLink="false">http://www.belowmarketvalue.co.uk/?p=296</guid>
		<description><![CDATA[If you have not yet heard, some exciting developments have been taking place at Rapid Property Investment, the UK&#8217;s leading BMV lead generation website, which is now run by Phil Martin, founder of the Mortgage Rescue Network.
Last week the site was taken down for a total overhaul, and yesterday the new site was launched, which [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Frapid-property-opens-its-doors-again%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Frapid-property-opens-its-doors-again%2F" height="61" width="51" /></a></div><p><a href="http://www.belowmarketvalue.co.uk/wp-content/uploads/rapid-property-group.jpg"><img class="alignleft size-full wp-image-302" title="rapid property group" src="http://www.belowmarketvalue.co.uk/wp-content/uploads/rapid-property-group.jpg" alt="rapid property group" width="263" height="196" /></a>If you have not yet heard, some exciting developments have been taking place at <strong>Rapid Property Investment</strong>, the UK&#8217;s leading BMV lead generation website, which is now run by Phil Martin, founder of the Mortgage Rescue Network.</p>
<p>Last week the site was taken down for a total overhaul, and yesterday the new site was launched, which includes some ground breaking changes, with some of the new services offered to the active below market value investor.</p>
<p>The biggest change is the opportunity for investors to secure <strong>exclusive rights to ALL leads </strong>generated by Rapid Property for specific postcode areas, making this ideal for investors who have a very targeted investment areas. For a modest investment of £299 per postcode area (first-half postcodes e.g  AB2, NG3, HU7, MK15) you get full exclusivity on leads generated for a whole year (estimated as 1-16 per annum), plus you get further incentives and discounts for purchasing several postcode regions. This offer comes with a refund guarantee, should you feel that your chosen postcode area doesn&#8217;t yield enough leads.</p>
<p>This pioneering development in BMV property leads is expected to result in many postcode areas being snapped up quickly by investors who are serious about building their property portfolio within their chosen investment areas. Once secured they will be unavailable for at least the next 12 months &#8211; to avoid dissapointment <a href="http://www.rapidpropertyinvestment.com/shop.php?cmd=outcodes" target="_blank">check you postcode availability here</a>.</p>
<p>Other services which remain on offer from Rapid Property Investment are; <strong>BMV property leads</strong> (for all other postcode areas which remain unsecured), <strong>Ready Made Deals</strong> for hands-off investors and also the <strong>RPI Portfolio Building</strong> service for the complete armchair investor solution.</p>
<p>Visit <a href="http://www.RapidPropertyInvestment.com">www.RapidPropertyInvestment.com</a> for more info.</p>
<p>___________________________________________________________________________</p>
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		<title>Imagine Homes Costs Taxpayer £20m</title>
		<link>http://www.belowmarketvalue.co.uk/property-news/imagine-homes-costs-taxpayer-20m/</link>
		<comments>http://www.belowmarketvalue.co.uk/property-news/imagine-homes-costs-taxpayer-20m/#comments</comments>
		<pubDate>Wed, 01 Jul 2009 22:03:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Buy-To-Let]]></category>
		<category><![CDATA[Grant Bovey]]></category>
		<category><![CDATA[Imagine Homes]]></category>

		<guid isPermaLink="false">http://www.belowmarketvalue.co.uk/?p=275</guid>
		<description><![CDATA[ Despite handing his company back to the bank last year Grant Bovey and his wife Anthea Turner have just spent £5million on two homes in Surrey. So you could forgive the taxpayers for feeling a little miffed that they are having to pick up a £20million bill for the collapse of his property empire.
The taxpayer [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Fimagine-homes-costs-taxpayer-20m%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Fimagine-homes-costs-taxpayer-20m%2F" height="61" width="51" /></a></div><p><!--StartFragment --> Despite handing his company back to the bank last year Grant Bovey and his wife Anthea Turner have just spent £5million on two homes in Surrey. So you could forgive the taxpayers for feeling a little miffed that they are having to pick up a £20million bill for the collapse of his property empire.</p>
<p>The taxpayer has ended up in the frame because Grant Bovey&#8217;s buy-to-let business had been propped up by loans from Halifax Bank of Scotland when it hit the buffers. Imagine Homes was handed to the bank in October last year having sustained losses of more than £50million.</p>
<p>That debt has now been passed to bailed-out bank Lloyds Group after its takeover of HBOS earlier this year. The taxpayer owns a 43 per cent share of Lloyds, leaving them liable for more than £20million of Bovey&#8217;s debt.</p>
<p>Last week Vince Cable, the Liberal Democrat Treasury spokesman, said: &#8216;Yet again we find a tale of reckless lending by the banks where the taxpayer is left to pick up the tab. Buy-to-let was one of the riskiest areas of the property market and HBOS should never have left itself so exposed.&#8217;</p>
<p>Imagine Homes was once one of the largest buy-to-let businesses in the country but Mr Bovey&#8217;s track record in business is patchy having already presided over a number of failed firms.</p>
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		<title>Landlords Face Liability For Unpaid Water Bills</title>
		<link>http://www.belowmarketvalue.co.uk/property-news/landlords-face-liability-for-unpaid-water-bills/</link>
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		<pubDate>Wed, 17 Jun 2009 23:18:54 +0000</pubDate>
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				<category><![CDATA[News]]></category>
		<category><![CDATA[landlord news]]></category>

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		<description><![CDATA[The Times have reported that landlords could be made liable for unpaid water bills for tenants who have departed under a government review of water charges.
The proposal comes amid plunging profits and rising bad debts at quoted water companies. Northumbrian Water reported a 10.3 per cent fall in pre-tax profits to £152.7 million for the [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Flandlords-face-liability-for-unpaid-water-bills%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.belowmarketvalue.co.uk%2Fproperty-news%2Flandlords-face-liability-for-unpaid-water-bills%2F" height="61" width="51" /></a></div><p>The Times have reported that landlords could be made liable for unpaid water bills for tenants who have departed under a government review of water charges.</p>
<p>The proposal comes amid plunging profits and rising bad debts at quoted water companies. Northumbrian Water reported a 10.3 per cent fall in pre-tax profits to £152.7 million for the year to March 31. This was slightly ahead of analysts’ forecasts of £150.7 million.</p>
<p>John Cuthbert, its managing director, said that the company had increased its provision for bad debt from domestic users by £2 million to £30 million. Demand for water and sewage services fell by 1 per cent last year. He said that water companies were vulnerable to bad debts among consumers because they were not permitted to disconnect their supply for non-payment. This meant that their bills tended to be the last ones paid.</p>
<p>Recovering outstanding debt from tenants was particularly difficult. “Quite often by the time we have found out who the tenants are, they have gone,” Mr Cuthbert said. “We are talking to the Government about what help they can give us here. One proposal would be to make the landlord liable.”</p>
<p>The proposals to make landlords liable for water bills at their properties have been drawn up by Ofwat. They would require property owners or managing agents to identify who is the “liable person” for water charges at any property. A spokesman said: “The occupier will always be the first person liable, but, as things stand, there is no incentive for the landlord to tell the water company who the occupier is and without this information the water company cannot bill anyone.”</p>
<p>The new rules, which would require primary legislation, would give landlords an incentive to provide details of the tenant or face paying an outstanding bill themselves.</p>
<p>Ofwat has submitted the proposals to Anna Walker, chief executive of the Healthcare Commission, who was asked by the Government last summer to conduct a review of charging and metering for water and sewerage services.</p>
<p>Thames Water, which serves 8.5 million drinking water customers in London and the Thames Valley, welcomed the proposals and said that bad debt and write-off costs increase the typical household bill by £11 a year. “Landlords take damages deposits up front from their tenants and so they are in a better position to recoup outstanding debts if needed,” a spokesman said.</p>
<p>Richard Jones, secretary of the Residential Landlords’ Association, said that rents would have to rise to cover landlords’ extra exposure. “We are already concerned about how money can get held up in the new tenancy deposit regime. If you end up with a dispute resolution service, excessive procedural requirements are being put on landlords. Cases are being thrown out on technicalities,” he said. </p>
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