We provide a hands off, hassle free portfolio building service, tailored to our client’s specific criteria whether that is creating maximum cashflow per month, achieving X% gross yield or generating maximum capital growth.
The MCG Investments team has expert knowledge of the local property market and strong working relationships with local estate agents which enable us to offer attractive returns to our clients.
~ THE PROCESS ~
Onboarding
Tanya McGeehan, MCG Investments Managing Director will schedule a call, to have an initial conversation about your investment goals. During this call you will discuss the type of properties you would like to purchase, finance options, location, preferred property strategies and your long term plans. You will receive a follow up email summarising all that was discussed on the call, along with our Sourcing Agreement contract to sign and return and relevant compliance checks to complete.
Acquisition Process
Now that the client has been onboarded, we will begin to research potential investment opportunities based on the clients specific criteria, e.g gross yield; budget; location; cashflow etc, creating a bespoke shopping list for each client. We carry out all viewings and extensive due diligence of potential properties and once a potential suitable property has been identified and agreed on, we will send the client a detailed report which will include all relevant financial data, including an estimate of any refurbishment works that may be required; valuations from local estate agents on both market value and potential rental income; internal and external photos; comparables from the area; a map of the area; description of the potential tenants the property would appeal to and finally, some information about the local area, such as local schools, universities, new large capital developments that will increase values in the area in the future. MCG Investments can project manage any renovation or refurbishment works for clients if requested.
Legals
Once the client has reviewed the report and are happy to move forward with the purchase of the property, MCG investments will oversee the entire conveyancing process liaising with estate agents and solicitors on behalf of the client. If the client does not have their own conveyancing solicitor or independent mortgage broker, we can refer them to the relevant professional within our wider team. We will immediately instruct a survey of the property to be carried out, we will review the report and advise accordingly. We will make arrangements for our trades team to inspect the heating and electrics in each property and price any required refurbishment works, prior to completion.
Completion
Once the property sale has completed, we will if necessary, carry out any refurbishment work. We will appoint a suitable letting and management agent and compile all relevant documentation required by both agents to onboard a tenant to the specific property. We ensure the client is properly registered as a landlord and on the TDS system. Our involvement only ceases once an appropriate tenant is identified, vetted and deposit paid.
Please note, MCG Investments is a member of the UK Property Ombudsman; we have all relevant commercial insurances in place to protect our clients and we are registered with the ICO for Data Protection. Client confidentiality is of utmost importance to us. We are not FCA regulated and we do strongly advise all clients to seek their own independent financial and legal advice, before
entering into any investment agreement. A copy of our Risk Guide is provided on our website
https://mcgpropertygroup.co.uk/compliance/
