You are here: Home - News -

Property investment scheme launched

by:
  • 17/10/2001
  • 0
The Delph property group has launched a property investment scheme, offering investors a 25% discoun...

The Delph property group has launched a property investment scheme, offering investors a 25% discount off the properties’ asking price. The First Property Investment product (FPI), offers investment in properties within central London and targets attractive areas such as Knightsbridge and Chelsea.

According to Nationwide, average property prices in London have risen from £94,564 to £144,205, a 52% increase over the last 12 years and while demand for property in the UK has begun to tail off, London still remains a sought after location.

The FPI product works as investors buy the property and then lease it back to Delph who furnish it, find tenants and deal with any maintenance or legal issues. Investors then yield a minimum income of two percent of the purchase price per annum which is paid in advance.

Paul Crocker, chief executive at Delph said: ‘It is an extremely attractive alternative to traditional investments such as unit trusts, Isas, bonds or shares. Even if activity slows and the market shifts, property prices in London remain competitive and relatively stable.’

Investment terms of three to 12 years are available with finance accessible from lenders such as HSBC, Royal Bank of Scotland and Clydesdale.

Tags

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
FSA may outsource compliance next year

Speculation is mounting that the Mortgage Code Compliance Board (MCCB) will become involved in the r...

Close