Frequently Asked Questions

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

We charge a one-off commitment fee of £750 (+VAT), that fee is to show us that you are committed to us as we are to you, but it also gets us to search for properties specific to you and your needs. This also gives you access to our power team of trusted and vetted suppliers. Solicitors, brokers, surveyors, trades, etc. Once that’s paid, we’ll start searching for you straight away. We’ll send any deals we source to you in the form of a deal pack with as much of the information in as possible, this will include information about the property, photos, as well as area information to give you an overview. It could take a week or a month to find you the right property, but we’ll keep searching until we find it! Once we do, the sourcing fee is 2% of the property price, or £5,000, whichever is higher. That’s charged at 50% on the instruction of solicitors, and the last 50% on the completion of the sale. Which means you’ll know that we’ll keep pushing that sale through for you until completion. We’ll do all the chasing of solicitors, brokers, agents, and anyone else, so that you know everything is running as efficiently as possible throughout the whole process.

It depends on the reason you're buying. If you're looking to buy for cashflow or long term capital growth then now is always the best time to buy, as we can't predict what is going to happen in the economy. If you're buying to flip (buy and sell for a higher amount), or developments which rely on the market being high once finished then we would recommend looking at the current marketplace a little more. Make sure that you have more than one exit and that all exits are not affected if there is a market crash. Speak to us if you want to know a little more about this at a particular time.

This completely depends on the type of investment you're looking for. If you're looking for capital growth then you want to buy in slightly more affluent areas, however if you're buying for yield, or cashflow, then you want to buy in more working class areas. Treat this like a scale, if you want a mix of the two, then the nicer areas you go to will have a lower yield but a higher capital growth potential.

Typically for a commercial building you would need a commercial mortgage. However if you're looking to develop the building into residential accomodation then you most likely need bridging finance. We would advise speaking a specialist broker for more information on this.

If you're buying a ready made HMO then you would require a specialist HMO mortgage but if you're looking to buy a property to convert to a HMO then as above, you would most likely need bridging finance. But as above, speak to a specialist broker regarding any lending requirements you have.

It depends on the reason you're getting the bridging finance. When used correctly with the right advice from reputable professionals, then it is no more risky than any other lending,however, all lending comes with risks. We would strongly advice speaking to a broker before taking out any finance.

You need a HMO license on any property with 5 or more unrelated families.

We tend to allow anywhere between £8,000-£15,000 per room as a refurb cost when we're calculating the costs of a HMO build. This is very much an estimate though. We would strongly recommend getting a quote for any works before buying a property and making sure that the deal still works for you. The cost or works will depend on the level of finish that you want but also the amount of work that actually needs doing.

Any more than 2 unrelated families in one house makes an HMO. Although an HMO doesn't need to be licensed until there are 5 or more unrelated families.

This completely depends on the location of the property. You wouldn't look to rent to students if there was no university/college near by.

You pay stamp duty on any property purchase over a certain amount. For the most up to date Stamp Duty Land Tax information check out the governments website. https://www.gov.uk/stamp-duty-land-tax.

An article 4 area is an area in which a local council has brought in an Article 4 Direction. The purpose of this is to restrict permitted development rights. Meaning changes to a property which you could normally do without planning permission, now would need to go through the planning process to be granted permission by the council. These are generally brought in by councils where they want to prohibit certain alterations which might otherwise be allowed under different councils or areas. For instance, an Article 4 direction may be brought in for a conservation area where the council wants to maintain certain architectural features. Another example is where a council might bring it in to a certain area to stop developers converting properties to apartments of HMOs (House in multiple ocupation). An article 4 direction does not mean that you cannot make these changes, it just means that you need to get permission to make them. Also an article 4 direction does not need to brought into an entire council borough and is usually only brought into certain smaller areas within the borough.

Yes. As a benefit of signing up to become a client of Donelan Property, we will give you access to all of our trusted network of professionals.

To invest in property you might not need as much as you think. At Donelan Property we don't agree with the view held by many "gurus" trying to sell training courses in the industry that you don't need any money to get started. However, depending on what you are buying and where, the minimum you need is simply a deposit, stamp duty land tax, legal fees and searches. And depending on the mortgage products available to you, that could all be as little as £10,000. That said, that would be buying a property for the minimum mortgageable amount of £40,000 and hoping that it doesn't need any work doing to it. We recommend the minimum needed to work with us is between £40-50,000. This also takes into account covering the cost of our fees as well as being able to find you a decent investment.

The simple answer to this is yes, if you choose the right deal. However this isn't always as simple as many would have you believe. When the market is up, this is even more difficult to do.

We do our best to give you as much info as we can so that you can make the best decisions for your investment. We recommend solicitors we have worked with lots in the past and we always recommend getting a survey on any property.However, as with any investing, sometimes things can go wrong. We have relationships with trade professionals around the UK which allow us to help in most instances.

Yes. You are under no obligation to complete on any deal until you have exchanged. However, if you pull out of a deal after we have instructed solicitors, you would forfeit the initial 50% of the sourcing fee which has already been paid. If however you want to pull out of a deal due to for example, cost of works quoted are significantly higher than we have estimated, or a problem has come back on the survey, then we would refund this amount or just transfer it onto the next property we find for you.

There is no exact answer to this question. It could take a week, a month, or even a year. It completely depends on the type of property you're looking for and the market at the time you're looking. We have usually found your first property within a the first month though.