Eric Cartman
JF-Expert Member
- May 21, 2009
- 11,960
- 11,221
Got 2 Questions
Are all these opportunies Buy to Let ONLY?
Are these houses New or Old (back to Victorian times)?
Thanks
Kaka the choice is yours how you wish to pay on them if you have other ways of financing the mortage kazi kwako. We gave the option of letting for those wishing to invest, but have other commitments with their money and can only just about afford to jump on the venture.
Nevertheless those West End house are a real opportunity because even today on an estate agent the values of similar properties is ridiculous. Those wishing to fly to the UK we can also help them grab this opportunity and they can put these houses straight back in the market at the market price which is still volatile i must insist but a couple of years down the road would prove to be a good investment.
kaka hapo amna changa la macho na mimi wala simshauri mtu atume hela kwangu amtumie jamaa wake ani contact na yeye ndiye atakae deal na mambo yote mi nikiwa nae bega kwa bega. Na kwa wale wanaotaka investment za west end ni bora waje wenyewe kwa kuwa tunazungumzia hela nyingi. Source ni banks holding these houses trust me its the reald deal.Can you give us more details like source of this information, house price , time frame of the offer. itasaidia kujua kweli kama hizo nyumba ni rahisi au ni changa la macho.
kaka hapo amna changa la macho na mimi wala simshauri mtu atume hela kwangu amtumie jamaa wake ani contact na yeye ndiye atakae deal na mambo yote mi nikiwa nae bega kwa bega na kwa wale wanaotaka investment za west end ni bora waje wenyewe kwa kuwa tunazungumzia hela nyingi. Source ni banks holding these houses trust me its the reald deal.
Na P.S, S.S Spheres haya si majengo mabovu kaka jamaa wataona wanachokinunua kuna catalogue na wata view the house before they buy them ndio maana umeona kuna na macharge ya surveyors si longolongo hii mkuu.
Kaka hizi nyumba ni mchanganyiko, nyumba hizi ni benki inajaribu kujitoa kwenye biashara isiyo yake. Ni nyumba ambazo zilikuwa repossed at the height of the financial crisis by the bank. Sasa hivi the market is still weak ndio maana interest bado hipo chini, hivyo benki inachofanya kwa kuwa huko nje ya miji bado sana kuamaka soko la nyumba, imeamua kuzipeleka tu kuliko kukaa nazo ndio maana imekuwa hivyo.Mkuu,
Kwanza niseme sina shaka kabisa na hii habari. I have seen this before, swali langu ni kujua iwapo hizi nyumba zina thamani halisi au ni nyumba mpya ambapo valuation imefanywa na Developers.
Mimi nataka Old House, I mean the old the better going back 30+ years. Sasa unajua kama scheme ina nyumba za miaka 1970 kurudi nyuma au ni New Development only.
Ahsante.
Kaka hizi nyumba ni mchanganyiko, nyumba hizi ni benki inajaribu kujitoa kwenye biashara isiyo yake. Ni nyumba ambazo zilikuwa repossed at the height of the financial crisis by the bank. Sasa hivi the market is still weak ndio maana interest bado hipo chini, hivyo benki inachofanya kwa kuwa huko nje ya miji bado sana kuamaka soko la nyumba, imeamua kuzipeleka tu kuliko kukaa nazo ndio maana imekuwa hivyo.
Kwenye kusaka nyumba ni location location location that matter the most. Kama unazungumzia nyumba za WE ofcourse zitakuwa old buildings and expensive. Lakini hizo za nje ya miji ni kupekuwa kama unataka old buildings uenda ziwepo ni nyumba nyingi kaka, lakini aina maana zitakuwa na much different values na zilizopo karibu. Especially kama zina offer the same size may be they would go quickly if they came into the market in comparable to modern ones but the price wont vary much.
Okay sasa kwa maswali la mwisho.
How do you fit it in all this business?
Are you a broker or I can have my own broker?
How about Solicitor, can I have my own?
Finaly, is this an open market sale or it depend who you know?
Thanks
Mimi nipo upande wa mtoa deal a broker na sisi tunampango wakufungua estate agent yetu hivi karibuni we are looking for properties to let. Ndipo hapo tunapoingia hila you can find your own solicitor, surveyor except a broker hapo ndipo tunapoingia sisi.
Mwisho niseme kama utamtumia mtu akununulie huku kwa jina lake zile ambazo azina deposit ni lazima asiwe na bad credit history ambayo kesha pelekwa mahakamni kudaiwa hela vinginevyo ni tembo kwa ubua.
Anymore questions later uwajibikaji tena kwangu.
'Scam to sell the Ritz for £250m'
By Beth Hale
9 June 2010, 9:39am
The chance to buy The Ritz for a 'bargain' £250m sounded too good to be true - and was, a court heard yesterday.
But two businessmen were duped into handing over a £1m advance for the world famous hotel in Piccadilly in a transaction that was founded on 'one great big lie', the jury was told.
It was in fact worth between £450m and £600m at the time and the men offering to sell it were in no position to do so, Anuja Dhir QC, prosecuting, said. 'The deal that sounded too good to be true was a complete fantasy,' she added.
She described how solicitor Conn Farrell, retired contracts manager Patrick Dolan and lorry driver Anthony Lee selected Terence Collins, who had a Dutch financial backer Marcel Boerkhoorn, as their 'mark' for the scam in 2006.
'They promised their targets the opportunity to buy The Ritz hotel and casino in Piccadilly for the bargain price of £250m,' Miss Dhir said. 'They didn't have the ability or the intention to fulfil that promise.
'As the negotiations progressed they sucked their victims in with more false promises and frustrated them with unnecessary requests until they managed to extract from them a payment of £1m.'
The deal, codenamed Project Notting Hill, was targeted to attract those dealing in the high stakes of 'trophy properties', she said.
'In that competitive world of secretive multi-million pound deals some people are prepared to take risks that might seem breathtaking to most of us,' she told Southwark Crown Court in London. 'Millions of pounds can be made and lost on transactions for trophy properties like The Ritz. What sets this transaction apart from most is that it was all based on one great big lie. The defendants were never in a position to be able to sell The Ritz.'
The court heard that Lee claimed to be a 'close friend and working associate' of the billionaire twin brothers Sir Frederick and Sir David Barclay who own the hotel. Lee and Dolan pretended they could arrange its sale. Farrell, a partner with law firm Farrell, Martin & Nee, added a 'veneer of legitimacy' to the scheme, Miss Dhir said.
Mr Collins, of a property and investment company called London Allied Holdings, was put in touch with Lee through a 'middle man', Karen Maguire, the court was told.
She specialised in finding property for private clients and had been told by Lee that he had access to a contract to purchase The Ritz for £200million. He told her he intended to sell it on for £250m, the court was told. In December-2006, £1m was paid into an Irish bank in Lee's name by a company owned by Mr Boerkhoorn.
He and Mr Collins had been led to believe that once the payment was made, contracts for the sale would be sent by Farrell to lawyers acting for Mr Collins, said Miss Dhir. But no contracts or other legal documentation were forthcoming.
Farrell, 57, of Aldershot, Hampshire, Dolan, 68, of Tottenham, North London and Lee, 49, of Beal, Goole, East Yorkshire, deny conspiracy to defraud. The trial continues.
SOURCE:THISISMONEY
'Scam to sell the Ritz for £250m'
By Beth Hale
9 June 2010, 9:39am
The chance to buy The Ritz for a 'bargain' £250m sounded too good to be true - and was, a court heard yesterday.
But two businessmen were duped into handing over a £1m advance for the world famous hotel in Piccadilly in a transaction that was founded on 'one great big lie', the jury was told.
It was in fact worth between £450m and £600m at the time and the men offering to sell it were in no position to do so, Anuja Dhir QC, prosecuting, said. 'The deal that sounded too good to be true was a complete fantasy,' she added.
She described how solicitor Conn Farrell, retired contracts manager Patrick Dolan and lorry driver Anthony Lee selected Terence Collins, who had a Dutch financial backer Marcel Boerkhoorn, as their 'mark' for the scam in 2006.
'They promised their targets the opportunity to buy The Ritz hotel and casino in Piccadilly for the bargain price of £250m,' Miss Dhir said. 'They didn't have the ability or the intention to fulfil that promise.
'As the negotiations progressed they sucked their victims in with more false promises and frustrated them with unnecessary requests until they managed to extract from them a payment of £1m.'
The deal, codenamed Project Notting Hill, was targeted to attract those dealing in the high stakes of 'trophy properties', she said.
'In that competitive world of secretive multi-million pound deals some people are prepared to take risks that might seem breathtaking to most of us,' she told Southwark Crown Court in London. 'Millions of pounds can be made and lost on transactions for trophy properties like The Ritz. What sets this transaction apart from most is that it was all based on one great big lie. The defendants were never in a position to be able to sell The Ritz.'
The court heard that Lee claimed to be a 'close friend and working associate' of the billionaire twin brothers Sir Frederick and Sir David Barclay who own the hotel. Lee and Dolan pretended they could arrange its sale. Farrell, a partner with law firm Farrell, Martin & Nee, added a 'veneer of legitimacy' to the scheme, Miss Dhir said.
Mr Collins, of a property and investment company called London Allied Holdings, was put in touch with Lee through a 'middle man', Karen Maguire, the court was told.
She specialised in finding property for private clients and had been told by Lee that he had access to a contract to purchase The Ritz for £200million. He told her he intended to sell it on for £250m, the court was told. In December-2006, £1m was paid into an Irish bank in Lee's name by a company owned by Mr Boerkhoorn.
He and Mr Collins had been led to believe that once the payment was made, contracts for the sale would be sent by Farrell to lawyers acting for Mr Collins, said Miss Dhir. But no contracts or other legal documentation were forthcoming.
Farrell, 57, of Aldershot, Hampshire, Dolan, 68, of Tottenham, North London and Lee, 49, of Beal, Goole, East Yorkshire, deny conspiracy to defraud. The trial continues.
SOURCE:THISISMONEY
'Scam to sell the Ritz for £250m'
By Beth Hale
9 June 2010, 9:39am
The chance to buy The Ritz for a 'bargain' £250m sounded too good to be true - and was, a court heard yesterday.
But two businessmen were duped into handing over a £1m advance for the world famous hotel in Piccadilly in a transaction that was founded on 'one great big lie', the jury was told.
It was in fact worth between £450m and £600m at the time and the men offering to sell it were in no position to do so, Anuja Dhir QC, prosecuting, said. 'The deal that sounded too good to be true was a complete fantasy,' she added.
She described how solicitor Conn Farrell, retired contracts manager Patrick Dolan and lorry driver Anthony Lee selected Terence Collins, who had a Dutch financial backer Marcel Boerkhoorn, as their 'mark' for the scam in 2006.
'They promised their targets the opportunity to buy The Ritz hotel and casino in Piccadilly for the bargain price of £250m,' Miss Dhir said. 'They didn't have the ability or the intention to fulfil that promise.
'As the negotiations progressed they sucked their victims in with more false promises and frustrated them with unnecessary requests until they managed to extract from them a payment of £1m.'
The deal, codenamed Project Notting Hill, was targeted to attract those dealing in the high stakes of 'trophy properties', she said.
'In that competitive world of secretive multi-million pound deals some people are prepared to take risks that might seem breathtaking to most of us,' she told Southwark Crown Court in London. 'Millions of pounds can be made and lost on transactions for trophy properties like The Ritz. What sets this transaction apart from most is that it was all based on one great big lie. The defendants were never in a position to be able to sell The Ritz.'
The court heard that Lee claimed to be a 'close friend and working associate' of the billionaire twin brothers Sir Frederick and Sir David Barclay who own the hotel. Lee and Dolan pretended they could arrange its sale. Farrell, a partner with law firm Farrell, Martin & Nee, added a 'veneer of legitimacy' to the scheme, Miss Dhir said.
Mr Collins, of a property and investment company called London Allied Holdings, was put in touch with Lee through a 'middle man', Karen Maguire, the court was told.
She specialised in finding property for private clients and had been told by Lee that he had access to a contract to purchase The Ritz for £200million. He told her he intended to sell it on for £250m, the court was told. In December-2006, £1m was paid into an Irish bank in Lee's name by a company owned by Mr Boerkhoorn.
He and Mr Collins had been led to believe that once the payment was made, contracts for the sale would be sent by Farrell to lawyers acting for Mr Collins, said Miss Dhir. But no contracts or other legal documentation were forthcoming.
Farrell, 57, of Aldershot, Hampshire, Dolan, 68, of Tottenham, North London and Lee, 49, of Beal, Goole, East Yorkshire, deny conspiracy to defraud. The trial continues.
SOURCE:THISISMONEY
Full details of everything would be available by tuesday, hila nashauri kama una ndugu na jamaa ni PM nikupe namba yangu umpe jamaa yako anitafute atakulezea zaidi ni bora kuona kuliko hadithi. Au hata wewe unaweza ni txt so far ntakacho kuambia ni hivi hizi nyumba ni nyingi viewing is available by appointments hila sio time wasters. Hila catalogue by tuesday mtajua zaidi kwa mlio mbali hila walio hapa viewing is available ps. i insist i dont want time wasters.