VARITY HOUSE - Prosperity Wealth€¦ · 6 VARITY HOUSE P, EVARITY HOUSE 7 Proposed Street View...

HOUSEPeterborough, England

VARITY

UK

VARITY HOUSE VARITY HOUSEPeterborough, England Peterborough, England2 3

CONTENTS KEY FEATURES3. Product key features

4. Welcome to Prosperity

5. We make property affordable

6. Varity House, Peterborough

8. Location

10. Amenities

12. Choose your affordable payment plan

15. Rental Assurance Plan

17. Letourfiguresdothetalking

18. Floor plans & plot options

24. The Bigger Picture

26.Kitchen&bathroomspecifications

28. Recent Prosperity developments

30. Why invest through Prosperity

31. Testimonials

32. Flat Types

38. Purchasing a property through pension drawdowns

What makes Prosperity different?

The discounts we show are real; theyare proven by what is selling locally

so we are confident, passionate even,that our prices cannot be beaten – weguarantee you will not find the same

value for money and specificationlevel elsewhere.

Our product comes with a rental assurance, so you never need to worry

about rental voids.

Discounted Property– Guaranteed.

RentalAssurance

Our payment plans are designed to suit all of our clients’ current

circumstances. Deposits can be paid across the build period, eliminating

lump sum requirements.

We take care of every aspect of your purchase, from property

selection, management and updates throughout the build period,

mortgage arrangement and full rental management.

Unique Payment Plans

Truly Hands Off Investing

Owning the underlying property yet enjoying the convenience of paying

in a way suited to you, offers valued reassurance that your money is safely tied into an income producing asset of

which you have full control.

With offices in the UK, Dubai, Hong Kong and Malaysia, our team have raised the bar in offering clients the very highest standards of service – reliable, efficient and hassle-free.

We’re proud to work with people whobuy-in to our passion for property,

recognising its unrivalled position as aprime investment source.

Direct PropertyInvestment

Personal ClientExperience


WELCOME TO PROSPERITYAs income through property specialists, we are passionate about providing affordable UK property as a long-term investment tool. Offering the only monthly property payment plan on the market, we’re able to welcome a far wider reaching investor audience, who buy-in to our belief that this tangible, bricks and mortar asset should form part of every investors spread of investments.

WE MAKE PROPERTYAFFORDABLE

Our product allows the opportunity to purchase prime UK stock at discounted property fund prices, utilising a range of specially devised payment plans. Each plan is designed to suit both our clients’ current financial circumstances and future long term income requirements, making it ideal for

• Investors with limited lump sum allowance due to capital tied up in other investments

• First time buyers who’d otherwise stand little chance of acquiring the level of deposit that today’s property market requires • Investors wishing to acquire second properties

• Over 55s wishing to keep tax payments low as part of the revised UK pension rules

All Prosperity properties come with protection in the form of a rental assurance plan, offering a safeguard against any unforeseen rental issues. Owning the underlying property yet enjoying the convenience of paying in a way suited to you, offers valued reassurance that your money is safely tied into an income producing asset of which you have full control.

Ours is not a collective investment, yet still offers the benefits of a totally hands-off approach. Right from the word go; from reservation, through the build period and on to rental management- the whole process is overseen by our team of specialists. Just one of the reasons why on average, 56% of our clients go on to purchase a second property with us within 2 years.

As well as introducing our product and presenting some of our recent developments, this brochure also sets out to demonstrate the benefits of UK property by offering detailed explanations and clear comparisons against alternative asset classes. Our goal is to prove the unrivalled benefits of UK property as a long-term income stream. As it continues to prove itself as a safe, profitable asset class, the message is clear; smart, long term investors continue to reap the rewards of property.


Proposed Street View

Proposed Courtyard

VARITY HOUSE, PETERBOROUGHVarity House will comprise 97 one and two bedroom apartments with parking.

Set within landscaped grounds, this stylish conversion development is conveniently located just a mile from Peterborough city centre.

All homes will offer contemporary open plan living and dining space with oversized windows (where possible) ensuring maximum natural light. With hard wood veneer floors and stainless steel sockets throughout, these high grade specifications combined with custom built kitchens, integral appliances and stylish bathroom designs come as standard for Prosperity clients, offering a home with style, luxury and comfort. Varity House will offer a number of benefits to residents; not least the broad range of local amenities within walking distance but also the excellent

transport links close at hand. Just a 10 minute walk from the development lies Peterborough Train Station, where direct trains run on the hour to London’s Kings Cross in 45 minutes. Further services include Cambridge in 49 mins, Leeds in 1hr 20 mins, Birmingham in 1hr 20 mins, and Edinburgh in under 4 hours. A 10 minute drive from the A1 links Peterborough with the wider road network, accessing the A47 and A14 (East /West) A number of grammar, comprehensive, independent schools and colleges can be found close by, with Varity House sitting within the catchment area of many.

BENEFITS:

• Close to all main shopping, retail and leisure areas

• 10 minutes to Peterborough’s main line train station

• Excellent commuter location – 45 mins direct train to central London

• Yields of over 7%

•97highspecificationoneandtwobedroomapartments-allwithparking

• Properties starting from just 24 payments of £1025 per month (+reservation fees)

• Excellent schools and colleges in the local catchment area

• Strong capital appreciation predictions

Close, convenient pedestrian access to the Frank Perkins Gateway offering a short commute to the nearby Lychwood Business Park. Employers here and in the local area include :

BGL GroupBauerDiligenta

Norwich and Peterborough Building SocietyCaterpillar

Ideal World TV Tesco Distribution Centre


Located just off Junction 17 of the A1M, access to businesses, schools, leisure facilities –not to mention its close proximity to London make Varity House exceptionally well positioned to capitalise on this demand offering a first rate hands off investment to clients on a global scale. Google’s new £1 billion UK headquarters at London’s King’s Cross will open its doors in 2016 to over 4,500 employees. Alongside these, this highly attractive employment destination will demand a further wealth of facilities management and peripheral service resource, in total attracting a vast number of young professionals, executives and families to the area. With its high speed rail line linking to King’s Cross in just 45 minutes, Peterborough is now a major contender for those commuters seeking more affordable living outside of London. Described as one of England’s ‘most interesting places to live’, Peterborough is a vibrant and dynamic city which is building a reputation as a city with long-term sustainable growth capability. As one of the UK’s fastest growing, greenest and most historic cities, it has an incredibly vibrant arts, culture and heritage community with levels of activity not typically found in communities of comparable size. This is thanks to a year-round events and festival calendar. Peterborough’s city centre offers the total shopping experience from top designer brands to independent retailers, high street favourites as well as the famous Farmers Market held once a week in the city centre. Its fantastic eateries, relaxing cafés and stylish restaurants mean there is always a huge choice; a culinary scene truly reflecting the city’s multiculturalism.

Anglia Ruskin University (ARU) is one of the largest universities in the East of England. It is just one of the institutions contributing to the 30,000 young academics living and working in the area. Peterborough’s excellent transport links makes it an attractive proposition for overseas students, with ARU campuses in Cambridge and Chelmsford, University Centres in King’s Lynn, Peterborough and Harlow and collaborative partnerships with institutions in a variety of locations throughout the world. These include London, Berlin, Budapest, Athens, Basel, Kuala Lumpur, Singapore and Trinidad.

LOCATION PETERBOROUGHEast of England, Peterborough sits just 80 miles north of London and continues to capitalise on its reputation as a long term sustainable growth area. Already a key player within the ‘London-Stanstead-Cambridge-Peterborough Corridor’- a priority growth area defined by CLG, Peterborough’s investment opportunities have been widely documented

on an international scale, with a number of high profile businesses relocating to the area. Eight years into a fifteen year, £1 billion redevelopment, the city’s transformation grows from strength to strength; its efforts validated by a massive rental demand - currently outweighing supply by 2:1.

Only 45 minutes to Central London

Anglia Ruskin University


Designers Unisex Hairdressers 1a Market Place, Oundle, Peterborough PE8 4BA Ethos Hair & Beauty 44 New Road, Woodston Peterborough PE2 9HA Judith Day Optometrist 5 Market Place, Oundle Peterborough PE8 4BA

Definition Gym Unit 10-11 Maxwell Road Peterborough PE2 7HU Fengate Health & Fitness Centre Fengate, Peterborough PE1 5XB

Fitness First Health Centre Lime Kiln Close, Peterborough PE3 9TA

Stanground Library Southfields Avenue, Peterborough PE2 8RZ Peterborough City Hospital Edith Cavell Campus, Bretton Gate, Peterborough PE3 9GZ Queensgate Shopping Centre Peterborough PE1 1NT Park Medical Centre 164 Park Road, Peterborough PE1 2UF Peterborough Dental Access Centre 5 Midgate, Peterborough PE1 1TN

LOCALAMENITIES

Key Theatre Embankment Road, Peterborough PE1 1EF

Stamford Arts Centre 27 St. Mary’s Street, Peterborough PE9 2DL

Stahl Theatre West Street, Peterborough PE8 4EJ

Stamford Corn Exchange Theatre Broad Street, Peterborough PE9 1PX

Peterborough Museum & Art Gallery Priestgate, Peterborough PE1 1LF Thorney Heritage Museum The Tank Yard, Station Road, Peterborough PE6 0QE

Fusion Bistro Ltd Bistro restaurant, 23 Chisenhale, Orton Peterborough PE2 5FP Candlesticks Restaurant Speciality cuisine, 1 Church Lane, Peterborough PE9 2JU Prezzo Restaurant Italian cuisine, 2 Cowgate, Peterborough PE1 1NA Beijing Rendezvous Chinese cuisine, 59 Napier Place, Peterborough PE2 6XN Taj Mahal Restaurant Indian cuisine, 37-39 Lincoln Road, Peterborough PE1 2RH Antonino’s Pizzeria Speciality & traditional pizzas 149 Main Street, Peterborough PE7 3LD Fishtastic Fish cuisine, 23 Oakleigh Drive, Peterborough PE2 7BG Carluccio’s 52-53 Cumbergate, Peterborough PE1 1YR The Bull Hotel and Restaurant Westgate, Peterborough PE1 1RB The Talbot Hotel 1 New Street, Oundle Peterborough PE8 4EA

Greyfriars Taverns Ltd The Eldern, Peterborough PE2 5NQ The Dragon Fly Herlington Centre, Peterborough PE2 5PN Cross Keys 279 Oundle Road, Peterborough PE2 9QS The Woodston Belsize Avenue, Peterborough PE2 9HX Cherry Tree 9 Oundle Road, Peterborough PE2 9PB Posh Pub London Road, Ground, Peterborough PE2 8AL

SCHOOLS & UNIVERSITIES

ARTS & ATTRACTIONS

RESTAURANTS

PUBS & BARS

AMENITIES

Peterborough Cathedral Square

Talbot Hotel

Orton Goldhay Primary School Peterborough PE2 5RF Orton Longueville Playgroup Lakeside Centre, Orton Longueville, Peterborough PE2 7EA Antler Languages Ltd - Language School The Old Town Hall, Market Place Oundle, Peterborough PE8 4B University of Peterborough Park Crescent, Peterborough PE1 4DZ Peterborough Regional College Park Crescent, Peterborough PE1 4DZ Laxton Junior School E Road, Oundle, Peterborough PE8 4BX Oundle School Church Street, Oundle, Peterborough PE8 4EE The Peterborough School Thorpe Road, Peterborough PE3 6AP Anglia Ruskin University (ARU) Guild House, Swain Court, Oundle Road, Peterborough PE2 9PW

Peterborough CentreCarluccios Restaurant


The Monthly and Mortgage PlanCHOOSE YOUR

AFFORDABLE PAYMENT PLAN

Our payment structures are unique to the market, each plan designed to ensure clients own the underlying property, yet have the convenience of paying for their investment in a way that suits them. Particularly suited to investors wishing to acquire second properties for children or family members, our short term payment plans mean you can receive the rental income against the property until such a point it is required to be passed on – one of the reasons why 56% of our clients go on to purchase a second property after 2 years.

See how our Varity House development can be purchased across the following examples.

OPTION 1Pay a 3% reservation fee (minimum of £3000) plus £500 legal fees. Your 30% deposit is then divided by the number of build term months and paid on a monthly basis.

This option is perfectly suited to clients without large lump sums accessible or those who’d prefer to keep existing investments where they are. Payments are made across an average build term of 24 months.

SUMMARY GBP Purchase Price £93,995.00

Reservation and Exchange OPTION 1 - ‘Monthly and Mortgage Plan’ Prosperity transaction fee 3% (minimum £3000) £3,000.00 Legal Fees (50% of + disbursements) £500.00 Reservation / Exchange stage total due £3,500.00

30% monthly payment stage £28,198.50 30% deposit divided by 24 months build schedule £1,174.94

Completion Stage 70% of purchase price by way of mortgage £65,796.50 Mortgage arrangement fee (1% estimated) £939.95 Legal Fees (50% balance of + disbursements) estimated £500.00 Amount due at completion stage £1,439.95

Income Estimated Gross Rental Income Per month £580.00 / Per annum £6,960.00 Estimated Gross Rental Yield based on above 7.40%

Expenses Service Charge (estimated) £900.00 Ground Rent (estimated) £150.00 Tenant Management Fees @ 8% + vat £668.16 Total Expenses* Per month £143.18 / Per annum £1,718.16

Income net of expenses subject to mortgage Per month £436.82 / Per annum £5,241.84

Mortgage Information Mortgage (interest only) Per month £235.77 / Per annum £2,829.25 Mortgage (repayment 25 years) Per month £362.20 / Per annum £4,346.36 Mortgage (shortest repayment period) Per month £428.18 / Per annum £5,138.15 Shortest repayment term 19 years

NetcashflowonInterestOnlybasis Permonth£201.05/Perannum£2,412.59 Netcashflowonrepaymentbasis-25yearterm Permonth£74.62/Perannum£895.48 Netcashflowonrepaymentbasis-Shortestterm Permonth£8.64/Perannum£103.69

ASSUMPTIONS Mortgage Amount 70.00% Mortgage Rate (pa) 4.30% Loan Term (25 & 19 years)

* + Letting & Setup Fees

Let’s look at how a two bedroom property at Varity House can be purchased using one of our payment plans...


The Lump SumPurchase PlanOPTION 2

Pay 8 payments of 12.5% across a scheduled two year period. An innovative, ’fully asset backed savings plan’ that presents an appealing alternative to a traditional savings plan. Across 8 scheduled lump sum payments, clients acquire the property where at the 24th month, they have the choice between keeping hold of the property and receiving the rental income, or selling the property on. Both options are handled byProsperity,wherestilltheclientbenefitedfromthediscipline of the saving plan model.

As a savings plan for the sale option it’s a great way to access UK property directly over the next two yearsandselloncompletion-gainingthediscountedpurchase equity plus capital appreciation combined with funds invested. Or the client can take income in the usual way.

For property investors keen to trade property yet remain at arm’s length from the process, this option presents a great alternative. Similarly, those wishing to receive the rental income can enjoy a full letting and management service as part of this plan.

SUMMARY GBP Purchase Price £93,995.00

Reservation and Exchange OPTION 2 - ‘Lump Sum Purchase Plan’ Prosperity transaction fee 3% (minimum £3000) £3,000.00 Legal Fees (50% of + disbursements) £500.00 Reservation / Exchange stage total due £3,500.00

Payment Stages 1 Stage Q1 12.5% £11,749.38 5 Stage Q5 12.5% £11,749.38 2 Stage Q2 12.5% £11,749.38 6 Stage Q6 12.5% £11,749.38 3 Stage Q3 12.5% £11,749.38 7 Stage Q7 12.5% £11,749.38 4 Stage Q4 12.5% £11,749.38 8 Stage Q8 12.5% £11,749.38

Completion Stage Legal Fees (50%) of + disbursements) £500.00 Amount Due at Completion Stage £500.00

Income Estimated Gross Rental Income Per month £580.00 / Per annum £6,960.00 Estimated Gross Rental Yield based on above 7.40%

Expenses Service Charge (estimated) £900.00 Ground Rent (estimated) £150.00 Tenant Management Fees @ 8% + vat £668.16 Total Expenses* Per month £143.18 / Per annum £1,718.16

Income net of expenses Per month £436.82 / Per annum £5,241.84

* + Letting & Setup Fees

LAMONT ASSET MANAGEMENT PROVIDES THE FINAL

PIECE IN AN END TO END SOLUTION FOR OUR

INVESTOR BUYERS. WE DELIVER A SPECIALIST LETTINGS

AND MANAGEMENT SOLUTION AND OFFER A LEVEL

OF RENTAL PROTECTION UNIQUE TO THE MARKET FOR

A PACKAGED PRODUCT. EXCLUSIVE TO PROSPERITY

CLIENTS, WE HAVE CREATED A ‘RENTAL ASSURANCE

INVESTOR PACKAGE’ INCLUDING:

• RENTAL AND LEGAL PROTECTION *

• VOID COVER BETWEEN TENANCIES

• DISCOUNTED MANAGEMENT FEE OF 8%**

• UNIQUE SECURE ONLINE LANDLORD TRACKER

5 YEARRENT & VOID ASSURANCE

RENTAL & VOID ASSURANCE

RENT & LEGAL PROTECTION *

We will facilitate insurance that will protect you in the event that a tenant fails to pay the rent and that will cover you for any associated legal costs of eviction.

VOID ASSURANCE *Other that for maintenance or refurbishment we will protect the void periods between Tenancies.

* Subject to Standard Terms & Conditions

Working in the industry for over 25 years, Lamont Asset Management offer a totally independent solution, managing properties all over the UK. We also handle every aspect of the property’s management including maintenance, tenant liaison and administration. All clients are allocated a specific account manager, ensuring a single point of contact from the start. Every tenant is subject to stringent industry standard checks with TDS protected deposits in place across all tenancy agreements.

* No excess for 5 years ** + Vat, Letting & Setup Fees


New build apartments within Peterborough are currently achieving an average of £225 per sq. ft. This figure is generated based on evidence from certified valuations of at least four comparable properties within a one mile radius of Varity House. Varity House, is available to Prosperity clients, after discount, at values averaging £174 per sq. ft. – a minimum saving of over 20%. Whichever local property you choose to compare against the values presented for Varity House, we guarantee you will not find the same value for money. The discounts we show are real; they are proven by what is selling locally so we are confident, passionate even, that our prices cannot be beaten.

Here’s an example of a client purchasing a two bedroom apartment in our

Varity House development:

OPTION 1, The Monthly and Mortgage plan

Purchase price:

Twobedroomapartmentwithparking-£93,995.00

Reserve your property with £3000, plus £500 legal fees

There are now only 24 payments of £1174.94 to be paid

This creates a 30% deposit with a

70% mortgage arranged on completion

The mortgage is then covered by rental income from completion

You own an income producing asset for life.

LET OUR FIGURESDO THE TALKING

Local market sales and rental values

RESEARCH THEVALUE IN OUR PRICESFOR YOURSELF AT THE

UK’s LARGEST PROPERTYFOR SALE WEBSITE:

www.rightmove.co.uk

Purchase prime UK stock at discounted

property fund prices

Rental assurance protection

No lump sum required

Fully suited to non UK citizens

Tangible asset of which you have full

control

Pay deposit on monthly basis

across build term

Pay 8 payments of 12.5% across

scheduled 2 year period

Fully asset backed payment plan

Access UK property directly over next

2 years and sell on completion

3 3

3 3

3

3

3 3

3

3 3

3

3 3

The Monthly andMortgage Plan

The Lump SumPurchase Plan


FLOORPLANSGROUNDFLOOR


FLOORPLANSFIRSTFLOOR


FLOORPLANSSECONDFLOOR


INCOME PRODUCED IN RETIREMENT BASED ON £25,000 INVESTMENT

INVESTMENT CAPITAL REQUIRED TO PRODUCE £25,000 OF INCOME

*returns exclude fees and charges, information provided by Bloomberg

THE BIGGER PICTUREIncreasing life expectancies, faltering annuities and a huge deficit have forced the UK Government into revolutionising the UK pension system. Studies already underway have revealed that almost 20% of those pensioners cashing in their pensions will use the money to fund a property purchase. (Ipsos Mori research) Since the birth of the buy-to-let mortgage 18 years ago, the average returns produced froma buy-to-let investments have significantly outstripped those of other major asset classes.Additionally, UK landlords are

benefiting from falling mortgage charges and longer fixed rate deals, as competition between mortgage lenders hots up. Our product is perfectly positioned to capitalise on this, delivering secure long term investment, eliminating risk with the reassurance of a tangible asset. By comparing property to the other most popular investment and savings plans, it’s clear to see the added value and security it brings to a traditional savings plan. Take a look for yourself. . .

This graph compares the level of income generated by the five main pension investment classes. In this example, UK property is represented by a one bedroom unit at our recently allocated Orton Plaza development. Based on a capital investment of £25,000, it clearly produces

the highest level of income compared to all of the other investment classes. Based on exactly the same level of investment by the client,with an annual income of £7,150, Orton Plaza produces £5,893 per year more income than the next best alternative, the UK pension.

This graph compares the typical amount of investment required in order to generate £25,000 of income per year, across the 5 main pension investment classes. With UK property represented by a standard one bedroom unit

at our Orton Plaza development, this example clearly highlights the staggering difference in investment required by all of the other classes in comparison, only to produce exactly the same amount of income per year.


Image indicative of a one bedroom apartment Image indicative of bathroom in 2 bed apartment

KITCHEN SPECIFICATIONS BATHROOM SPECIFICATIONSFixtures and Fittings Schedule Fixtures and Fittings Schedule

OVEN BASIN

BASIN MIXERCUPBOARDS

FRIDGE / FREEZER VANITY UNIT

LIGHTINGRANGE HOOD

SPLASHBACK TOILET

SHOWER SHELFONE & HALF SINK

COOKER TOP SHOWER ROSE

TOWEL RAILSINK MIXER WORKTOP

*In some cases alternative equivalent grade and specification items will be used.


OUR RECENT DEVELOPMENTS

Bentley CourtKEIGHLEY, WEST YORKSHIRE

Beckett HouseDERBY CITY CENTRE

SOLDOUT

WE STRIVE TO ENSURE THAT OUR CLIENTS RECEIVE THE VERY BEST EXPERIENCE WHEN INVESTING IN A PROSPERITY PRODUCT. WITH OVER 56% OF OUR CLIENTS GOING ON TO BUY A SECOND PROPERTY AFTER TWO YEARS, THAT’S A GREAT SIGN WE’RE GETTING IT RIGHT.

SOLDOUT

Castle CourtDUDLEY, WEST MIDLANDS

Parkwood CourtDUDLEY, WEST MIDLANDS

Prosperity HouseDERBY CITY CENTRE

UNITSAVAILABLE

Trent HouseNEWARK, NOTTINGHAMSHIRE

St Paul’s PlaceBIRMINGHAM CITY CENTRE

Orton PlazaPETERBOROUGH, CAMBRIDGE

SOLDOUT

SOLD & BUILDCOMPLETE


Town GateLINCOLNSHIRE

Godfrey ParadeNEWARK, NOTTINGHAMSHIRE

JQ1BIRMINGHAM CITY CENTRE

Key HillBIRMINGHAM CITY CENTRE

B1BIRMINGHAM CITY CENTRE

The PinnacleSOUTHEND, ESSEX

Victoria MillDRAYCOT, DERBYSHIRE

SOLDOUT

SOLDOUT


SOLDOUT




UNITSAVAILABLE

UNITSAVAILABLE

Kings MillMANSFIELD, NOTTINGHAMSHIRE

AVAILABLENOW

Bakewell MewsBUXTON, DERBYSHIRE

Priestgate HousePETERBOROUGH, CAMBRIDGE

Chartwell PlazaSOUTHEND ON SEA, ESSEX

Varity HousePETERBOROUGH, CAMBRIDGE

UNITSAVAILABLE

UNITSAVAILABLE

SOLDOUT

SOLD OUT


TESTIMONIALS

In the period leading up to my purchase, Prosperity provided me with a whole host of information about the UK property market. This enabled me to make a more informed

decision as to whether it would meet my financial objectives. I’m pleased to say it has, and I would certainly recommend Prosperity to other people looking to incorporate

UK property into their financial portfolios.Mike Burnage -ChairmanAcademyofChiefExecutives

“

”

I required lots of detailed information in order to make my decision - all of which I received in a concise and accurate manner. Completion went very smoothly as did letting management. I have recommended Prosperity’s services to other sporting

professionals within my organisation.Cyrille Regis -MBE

“

”

I always enjoy working with Prosperity. From a time management point of view, the fact that all cost and letting management issues are organised as part of the package

is a major bonus for me. I’ve bought numerous properties from Prosperity, and shall continue to do so.

Simon Browne -LogisticsDirector,GSK

“

”

WHY INVEST THROUGH PROSPERITYWHAT’S IN IT FOR ME?

PROSPERITY ‘DO’ SUPPLY

PROSPERITY ‘DO NOT’ SUPPLY

Totally standard UK properties in desirable owner occupier locations, fully managed and providing the best yields with capital appreciation over the long term. Uk property at institutional prices i.e. accessing individual discounted property at fund manager prices. Deposits payable monthly over two years with no lump sumrequired-theonlypropertypensionplanofthistype on the market today.

Acompletehands-offpropertyinvestment,aswearegeared up to manage the whole process from start to finishandpostcompletion.

Mortgages, 100% covered by an FCA regulated rental assurance plans from completion.

High yields of 8% +

Properties starting from just 24 payments of £1033.00 with the opportunity to pay off property fully in thirteen years (on average) through rental income.

Student accommodationHotel apartmentsAny kind of collective investment or fund.

3

3

3

3

3

3

3

7


FLAT TYPES

FLAT TYPE A

FLAT TYPE D

FLAT TYPE BFLAT TYPE E

FLAT TYPE C


PURCHASING A PROPERTY THROUGH PENSION DRAWDOWNS

At present, over 80% of the lenders on our mortgage panel accept applications from borrowers who will be 75 or younger when their mortgage is due to end. 40% will take applications up to the age of 80yrs, and just over 25% up to the age of 85yrs. With the lower end of a typical buy-to- let mortgage term being around 5 years , and with a handful of lenders going even lower, you could theoretically be well into your retirement and still be able to take out a buy-to-let mortgage instead of using your pension to buy a property.

Since April 2015, the new measures now in place allow over-55s unencumbered access to their pension pots. These new provisions will allow individuals to access their savings and pay only the marginal tax rate that saw the majority of retirees previously purchasing an uncompetitive annuity. This change is one of the most radical reforms to the pensions sector in living memory, freeing up the

billions tucked away, currently earning very little return. One option for higher returns is to invest in buy-to-let property. As property for pension specialists, we only supply rental investment property, and only in the UK. We are geared up to manage the whole process from start to finish and have many years experience in providing ‘hands off’ buy to let options for our clients.

Buy to letinvestmentfor over 55’s

Raising Age Limits

YES

NO

YES

YES

YES

YES

Have you considered usingthese rules to pay foryour new property?

How much - do youwant to look at drawing

more in order to fundthe purchase of your

property?

Do you want tolook at drawing morein order to fund the

purchase of yourproperty?

Are you aware of thenew pension rules

giving greater flexibilityon how you draw moneyfrom your pension pot?

ARE YOUAGED 55

OR OVER?

YES NO

NO

NO

YESYES

YES

Do you have aUK Pension?

Are you aware of thenew pension rules giving

greater flexibility onhow you draw

money from yourpension pot?

Have you taken yourtax free cash?

Are you drawingany income?

Are you within a couple of yearsof being able to take benefits?

Talk to us about the ability to useyour pension to pay for your

investment propertyat completion

Would you like to havea conversation with anappropriately qualified

advisor in order toexplore this

option further?

Would you like to have a conversation with anappropriately qualified advisor in order

to explore this option further?

Are you drawingany income?

YES

For further information please contact Prosperity

UK +44 (0) 845 676 9799

Malaysia + (60) 10 549 4602

Hong Kong + 852 51137134

Dubai + (971) 4311 6928

UK OFFICE:

JQ1, 32 George St,

Birmingham

B3 1QG

E:[email protected]

www.prosperity-wealth.co.uk

VARITY HOUSE - Prosperity Wealth€¦ · 6 VARITY HOUSE P, EVARITY HOUSE 7 Proposed Street View...

Documents

Transcript of VARITY HOUSE - Prosperity Wealth€¦ · 6 VARITY HOUSE P, EVARITY HOUSE 7 Proposed Street View...