Launch of
UK property site designed for investors
11 February 2009
Property
specialist Movewithus have relaunched their
acclaimed ‘whitehot
property ’
website, adding a number of new features which
they claim are unique among online property
portals. One such feature is the ability to
search properties by ‘buyer incentives’ such as
cash towards a deposit or stamp duty paid.
Movewithus say one in five properties on the
site include at least one buyer incentive.
whitehotproperty.co.uk,
which was originally launched in mid-2008,
consists solely of properties without sales
chains which are being sold on behalf of home
builders and lenders. This type of property is
one of the few that has retained its popularity
during the market downturn due to the urgency of
the sellers to sell. This is reflected in the
prices of the properties and the number of
incentives included by the sellers to attract
buyers.
Robin King, Movewithus founding director, said:
“We truly believe that whitehot properties are
the very best deals for buyers and investors in
the current market. Our new site is one of a
kind – nowhere else can buyers browse this
specific type of property in one place. By
setting strict parameters on the type of
property we include, buyers know that they’re
getting the very best deals available.”
The site also includes a dedicated section for
investors, with the ability to search for
properties with projected rental yields . King
believes that the properties featured on the
site are especially suited to investor buyers,
but that they have to move quickly to take
advantage.
Robin King commented: “The supply of this type
of property is finite – homebuilders have
limited stocks of part exchange properties and
the Government is doing everything they can to
stem the number of repossessions. Buyers should
take advantage of low prices while they can.”