RichBrits Blog

RichBrits Newsletter MAY update

Dear Mr. Darling, Please find below my suggestion for fixing Britain's economy. Instead Of giving billions of pounds to banks that will squander the money on Lavish parties and unearned bonuses, use the following plan. You can Call it the Patriotic Retirement Plan: There are about 5 million people over 50 in the work force. - Pay Them £1 million apiece severance for early retirement with the Following stipulations: 1) They MUST retire. Five million job openings - Unemployment fixed. 2) They MUST buy a new British CAR. Five million cars ordered - Auto Industry fixed. 3) They MUST either buy a house or pay off their mortgage - Housing Crisis fixed. 4) They must send their kids to school / college /university - Crime rate fixed 5) Buy £ 100 of alcohol / tobacco a week There's your money back in duty / tax etc It can't get any easier than that! P.S. If more money is needed, have all members of parliament pay back Their falsely claimed expenses and second home allowances Love and kisses Clare

Buying a property with NO MONEY DOWN Lately many property investors have been asking "how do I raise the finance to buy below market value properties?”. I'm sure it’s a question you've asked somewhere along the line and makes for an especially tricky problem if you do not have a team of private investors backing you. There is now an easy and cost effective solution. I have partnered with some very well established brokers who can assist you purchase an unlimited number of properties using 100% finance based on the value of the property and not what you have agreed to pay (no matter how far below market value) This system is totally legal and the costs are fixed. How Does It Work? It's very simple and straightforward. Let’s say you want to buy a property no money down worth £100,000 and you can get it for £65,000: 1. The mortgage broker will help you apply for a 75% mortgage on the property based on its value of £100,000. 2. The finance company will arrange to lend you the 25% deposit (so you get 75% from the bank and the remaining 25% from them). 3. You will arrange for the vendor to sign an option agreement provided by the broker stating that they are happy to sell the property for £65,000 and anything above that will be payable to you. 4. On completion the sum of £100,000 will be sent to the vendor’s solicitor. The vendor’s solicitor will then pay the vendor £65,000 and the remaining £35,000 will be paid to you. 5. You will then return the £25,000 plus fixed fee of £1,495. 6. You keep the remaining cashback Real Example Market value of property £100,000 Purchase price £65,000 Equity £35,000 Purchase costs Legal fees for purchase £695 Legal fees for vendor £595 Bridging fee £1,495 Mortgage broker fee £0 Valuation fee £350 Total costs £3,135 Mortgage @ 75% £75,000 Deposit @25% £25,000 Total borrowing £100,000 Less pay vendor - £65,000 Less deposit - £25,000 Less purchase costs - £3,135 Cashback £6,865 Built in equity £25,000 The cashback is yours to keep The property now belongs to you No Money Down There are special conditions attached which will be sent to you on request. These are very straightforward and used by professional property investors ALL the time. For more info please give me a call on 07803 135 693 or email clare@richbrits.co.uk

Richbrits Survey - Tell me what you want Thank you to those who have already taken the survey. It will help me greatly if you let me know what interests you most. It will take less than a minute to complete.... only 4 questions!! Please click on the link and take the survey NOW ...

Brian Tracy Seminar Laura and I will be travelling to Dublin next weekend to attend the Brian Tracy Seminar organised by Declan Dowling and Pat Slattery. Why not join us and listen to one of the world's best known motivational speakers for business owners. Book your tickets here

Top Planning Approval Tips If you already own land that you think would be ideal for development or are considering taking an option on land for future development, you will find the attached article from Show House an interesting read. After all, it contains an interview with Mark Wilson of Intelligent Land Investments Ltd who is regularly featured in my Newsletters. I have known Mark for a number of years now and am constantly impressed with his positive energy and determination to change the way of buying land, with his unique investment strategies that will ensure a WIN/WIN/WIN outcome for all concerned... the landowner, the shareholders and the end purchaser. Please take a look at the attachment...an interesting read while you have your coffee!!

WEALTH AWARENESS EVENTS A new series of WEALTH AWARENESS EVENTS are being organised as I write and I will be bringing the first of many networking events back to The Marriott Hotel, Glasgow Road, Edinburgh starting on Monday 6th July. One of the many great connections I have ever made is with Ron Holland who I only recently met via Ecademy www.ecademy.com. Ron's knowledge and experience of raising finance and helping other businesses is immense and he has been very generous with his time and given me a number of excellent introductions over the past few weeks... all of whom speak very highly of Ron. His books make excellent reading and anyone thinking of creating a better life, be it personal or business, should pay attention to what Ron has to say. After all, he has been there himself. He has very kindly agreed to be my first guest on 6th July and I would encourage everyone to get a copy of Ron's FREE offer. This will not only help you to move forward right now, but also give you a flavour of what's in store at the first Wealth Awareness Weekend. Click here to download your FREE books. Clare Darwish Richbrits.co.uk