Every investment starts by discovering an opportunity. GRE Assets recognise how crucial it is to have a strong network of reliable contacts in order to source the very best opportunities for clients.
Having a close relationship with local authorities, developers, brokers, architects, and planning consultants, can ensure a significant presence in the market, enabling areas in need of regeneration to be transformed.
GRE Assets have a strict criteria when looking for the right opportunity to invest in. Discussions are initially had with councils to understand their Local Plans, enabling areas or projects to be identified for investment. Many factors are studied by the in-house research team at GRE Assets such as transport links to London, sales and rental market activity, future planning pipelines, business activity, new employment opportunities, local demographics, predicted population growth and planned regeneration. The research is combined with vast experience, giving the team confidence that all new developments are great quality projects, in regenerating, growth-potential locations.
It is essential to appoint the right solicitor to ensure your acquisition is carried out efficiently and effectively, on time and within a reasonable budget.
There are a variety of sectors within the property industry, and all require specific expertise to carry out the legal due diligence and exchange of contracts.
After years of experience in UK and Spanish property, GRE Assets have built up a range of trusted contacts within the legal sector and will always introduce clients to a panel of well-suited and recommended solicitors who specialise in residential property and finance. Clients are also free to appoint the firm of their choice, but whoever is chosen, will be closely monitored to ensure all legal documentation is completed on time, and they have been diligent in the detail.
Due to the complexity of the UK tax system, investors will require professional accountancy services to make sure that their tax structure complies with UK law, minimises tax liabilities, and is well suited to their portfolio objectives.
Within the team are in-house Chartered accountants to carry out the following services:
- Monitoring the UK tax system closely, allowing the team to plan ahead for any changes that may impact on the clients’ investments.
- Tax planning in order to minimise investors’ exposure to tax upon acquisition and exit. The strategy will be tailored to suit the client’s current structure and investment objectives.
- Formation and management of an on-shore or off-shore company if necessary.
- Completing the annual tax return for Her Majesty’s Revenue & Customs (HMRC).
- Providing an annual tax summary to all investors.
Having a trusted partner to undertake full property management is vital to ensure returns are maximised, and the property is kept in excellent condition during the tenancies.
Rather than outsourcing the work to another company, GRE Assets formed their own in-house property management company; Modern Living Properties (MLP). They act solely for the management of the clients’ and the GRE portfolio, managing over 600 properties.
- Finding quality tenants
- Tenant referencing
- Lease agreements
- Property inspections
- Holding deposits
- Collection of rent
- Furnishing of property
- Property maintenance
The timing and execution of an investors exit strategy is as important as their acquisition. With economic markets constantly changing, it is imperative that local, national and global trends are monitored, and the timing is decided accordingly.
This will allow investors to maximise returns by exploiting economic upturn.
Deciding an exit strategy involves more than economic timing, it requires a thorough consideration of which sales channels to use. GRE Assets will advise based upon property sector, location, cost, and how quickly the release of capital is required by the investor. The commitment to see each project through from acquisition to exit is what differentiates GRE Assets from other property firms.