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.”