Spotlight: One-Stop Property Franchise
Wednesday, August 12, 2009 at 10:51AM 
The property franchise Property Cashpoint stands to benefit from trends in the property market.
In the past two years home ownership has fell because of the stagnation in the domestic housing sector resulting from the downturn. There has been a converse trend in rental properties, which grew by 56% last year, taking the total to 2.4 million privately rented properties. This figure is predicted to grow by another 20% by 2020.
Reluctant mortgage lenders and a fear of falling house prices are deterring people from stepping onto the property ladder, leaving estate agents with more unsold properties on their books than ever before. An estimated 17,000 estate agents and 12,000 letting agents operate within the UK.
All these contributing factors have resulted in an unprecedented opportunity in the buy-to-let sector.
Property Cashpoint offers its franchise owners the opportunity to work their own exclusive territory and source buy-to-let property from estate agents. The property franchise uses regional and national marketing to find homeowners who wish to sell.
All homeowner enquiries are carefully screened according to strict criteria from our inbound call centre. Once the homeowner is qualified they are transferred to a franchisee.
The franchise owner visits the property to establish its condition and investment potential, following Property Cashpoint’s comprehensive fact-finding system. If an offer is made and accepted then Property Cashpoint’s support team compiles a home information pack for the homeowner, in readiness for the franchisee’s second visit when a sale is agreed.
Once an investor has agreed to purchase the property, Property Cashpoint organises the legal paperwork, 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.
Reader Comments (1)
I went to meet these guys in Cramlington they knew there stuff and were very helpful.