15th May 2020 by Property Deal Store Administrator in Investors

How to Reserve Your Deal

There’s plenty of deals that will catch the eye of the savvy investor on the PDS website, but once you’ve managed to narrow down your search and make a decision, what’s next?

Reserving your property

First of all, we’ve made it simple for you to reserve your property quickly so that you don’t miss out on the deal. Complete this step without delay.

Click the reserve button in blue:

You will then be taken to your basket:

Then, go ahead and complete the reservation form with your details – we will ask you for your contact and billing information. Please read the terms and conditions and check the box to say you agree to them prior to entering your card details and placing your order:

Please note, if you use a debit or credit card it will attract a 3% fee which is non-refundable, as per our T&Cs. You also have the option to pay by BACS which doesn’t incur a fee and therefore if you do request a refund within the stipulated time frame, we will refund the full amount.

The follow up

Once you’ve placed your order, we will email you confirmation that we’ve received your reservation request along with information on what happens next.

Let’s look at these next steps below…

The buying process

If you don’t currently have an NDA in place with us, we will prepare and send you one to sign via email.

Next up, we will ask you to provide:

  • Proof of funds (POF)
  • ID (certified)
  • Proof of address

Once we have these from you and the NDA is in place, we will release the full address details to you and any other relevant information that we have.

Viewing

We will invite you for a viewing within one week. After your viewing, you have 24 hours to notify us if you don’t want to proceed.

If you decide that the property isn’t for you and you tell us within the 24-hour period, we will refund your reservation fee – less any costs associated with the transaction, such as credit or debit card fees from the payment gateway.

If you pull out of the deal after this 24-hour period, the reservation fee is non-refundable. During the Covid-19 restrictions this is subject to change and we can agree a solution where needed specific to each deal.

Completing the purchase

Once you have completed the viewing and the subsequent 24 hours has passed, we will assume the sale is progressing and you will deal directly with the sourcer who will prepare their own Heads of Terms (HOTs).

Building a portfolio

Once the transaction completes, or even before, why not take a look at all the new deals that have become available since you began your purchase and see if you can find the next addition to your investment portfolio?

You can find all available deals here!

Whether it’s a below market value property, a HMO, a lease option, or a commercial investment you’re looking for, Property Deal Store and our sourcers have you covered.

To find out more, you can always call us on 01282 570 752 or email office@propertydealstore.co.uk, we will be more than happy to help you.

Wishing you all the best with your purchase and all your future investments.

– Janice Minihan, director and co-founder of Property Deal Store