Search & Acquisition

Buying for yourself

Buying for yourself

SP Property Group have been trusted property advisors to our clients for more than ten years. We act for both UK and overseas based clients and specialise in central London, typically sourcing properties from £1m upwards.

Over the past decade we have advised individuals and families on their property purchases, many of whom return to us every time they move home, buy for their children or add to their investments.

Our longstanding relationships across the industry ensure that our clients gain access to the very best properties ahead of the rest of the market. Our relationships and market knowledge are key to ensuring that nothing has been missed and giving our clients the confidence that they are making an informed decision and have access to the very best properties.

Once SP Property Group find the right property, our clients benefit from the track record we have built through our previous purchases. This gives significant credibility to the way our clients are presented and the success of our offers.

Why we are different

SP Property Group are one of the most established property search advisors in the industry and have one of the strongest track records in the market for successfully acquiring properties for clients.

The investment we have made into our own bespoke technology platform is key for us remaining on top of the market. In addition, our access to the most up to date trade-only property data is essential when advising our clients on price per square foot values and successfully negotiating the best outcome for them.

Our market knowledge is regularly sought by the national and international press and we have featured as property experts in The Sunday Times, Channel 4 News, The Daily Politics Show and ITV News.

Two thirds of our clients come through word of mouth recommendations and we also are entrusted by many of the leading banks, wealth managers and private offices to advise and represent their clients. Equally, our approachable reputation means that many of our clients have also found us online.

Our clients also benefit from the additional in-house expertise we have within the SP Property Group, including specialist rental, property management and block management services, either during or after their search and purchase.

Our track record

SP Property Group have a longstanding and proven track record for successfully sourcing and purchasing properties for our clients and we have the ability to search the market more thoroughly than an individual buyer.

In addition to buying via the traditional estate agent route, we have acted for clients in auction rooms, off market, off plan, in sealed bid and competitive bidding situations, via probate and privately without an estate agent involved.

We make sure we understand what our clients are looking for and source the right properties accordingly.

Over the last decade, approximately 50% of the properties we have shown our clients were not on the open market. SP Property Group give clients access to properties they might not otherwise know about, or hear about too late.

Our clients benefit from the track record we have built through previous purchases and this gives significant credibility to the way our clients are received and the success of our offers.

In the past 5 years, we have won 85% of the competitive bidding situations we’ve faced for clients and, in 60% of those cases, were not the highest bidder, securing the property for less than if they were acting as an individual purchaser.

We also have a 92% success rate for successfully finding the right property our clients.

Through our achievements, we are proud to have been publicly recognised by the industry and won a number of awards including Gold Award for “Best Buying Agent’” at The Sunday Times Estate Agency of the Year Awards; “Best Property Finder, London” at the Daily Mail Property Awards; “Property Advisor of the Year” nomination by Spear’s Wealth Magazine and Top Property Advisors in the Spear’s 500.

Our fees

Upfront Retainer Fee£1,500 (deducted from the success fee)
Success Fee:Based on purchase price as follows:
Up to £2M2% of purchase price
> £2 - £5M1.75% of purchase price
> £5M1.5% of purchase price
All fees are subject to 20% VAT.

The process

1
INITIAL MEETING/CONVERSATION

We love working with new clients! The initial meeting or conversation enables us to answer any questions you may have and to fully understand your requirements and what is important to you. We can also advise you on local areas, property styles, price per square foot values and current market conditions.

2
PROPERTY CRITERIA

SP Property Group compile a focused and realistic search criteria, which takes into account your requirements and preferences. This is emailed to you for approval.

3
PROPERTY SEARCH

We thoroughly search the market on your behalf, including properties which aren’t officially on the market. We then preview the properties which closely match your criteria.

4
REPORT TO YOU

Having viewed each property, we shortlist those which best suit your brief and provide you with honest and objective feedback on them.

5
VIEWINGS WITH YOU

We organise viewings at times to suit you. We drive you to all viewings to show you around ourselves and discuss feedback with you afterwards. If you’re not going to be in London, we can show the property options to a friend/family member, or we can purchase remotely if you don’t need to view the property before you buy it.

6
NEGOTIATION

When the right property is found, we advise you on property value and negotiation tactics, and handle negotiations on your behalf. We strive to more than pay for ourselves by agreeing the lowest possible price and securing you the best property for your budget.

7
OVERSEEING YOUR PURCHASE

Once the price and terms are agreed, we manage the buying process on your behalf through to completion. We liaise with all parties involved, enabling you to maintain one point of contact and we can recommend tried and tested solicitors, surveyors and so on where required. We help resolve any issues, should they arise, and ensure that the process runs as smoothly and quickly as possible.

8
SETTLING IN

Post completion, SP Property Group arrange the key handover and provide you with a tailored moving in pack, including a checklist of the organisations which need to be notified about your move. If you are buying as an investment we can provide a full property management service.

What our clients say

“A truly invaluable service… they have the contacts and connections to follow through and get you into that highly sought after property before it goes on the market.”

Bibi - Investment Banker

“Without your negotiation advice, we would not have secured the flat, and without your shepherding of the deal, it would most likely have fallen through. We could not have done this without you – your fee was money very wisely spent.”

Martina - National property journalist

“We wouldn’t have even viewed the flat we ultimately bought, had it not been for you negotiating a weekend viewing for us and persuading the estate agent to delay the sealed bids.”

Richard & Serena - Management Consultants, Deloitte

“Your team were absolutely first-rate. I am convinced that we would not have succeeded in finding our new home without you. You have a deep knowledge of your business, and clearly have excellent relationships with people in the property industry."

Michelle - Associate Professor, University of Texas

"You have extensive knowledge and quickly sourced a suitable property in accordance with our specific search criteria. You were professional and personable, readily accessible and responded quickly and positively to all queries. Liaison with our London solicitors was excellent. No detail was too small for your prompt attention… Ten out of ten."

Tim & Linda - Retired

"I love the flat, it is exactly what I had imagined and hoped for. Thanks for pushing so hard behind the scenes to get this done – there aren’t many who would have been able to get the result, I’m sure."

Rob - Private individual

“You were always patient, listened well and understood the high bar of expectations. You know how to handle remote clients and diligently looked for properties until we got to the right one.”

Femida - Healthcare executive

"Timely, cordial, helpful and exhaustive."

Fabio - Jimmy Choo

"You are highly professional, efficient and have an extensive grasp of the London property market. In the first round of viewings I was shown an outstanding property not yet on the market which had the added benefit of a potential development opportunity.

Your insight, guidance and local knowledge helped me navigate a competitive bidding process and you provided sound, confident advice while remaining pragmatic and with my best interests at heart. I would have no hesitation in recommending your team to anyone looking for a property in London – from start to end the service was excellent and proved invaluable in a challenging transaction."

Shaun - Cairn Capital

"SP offered me exactly what I needed: a 360 degree service starting from selecting the apartments to recommending a mortgage broker, solicitor and even an interior designer. I strongly recommend SP to any potential buyer."

Emanuela - Banker, Citigroup (Dubai)

"SP provided me with the reactivity, flexibility and efficiency I lacked when searching for a property on my own…I recommend SP to anyone looking to get an extra edge in the competitive London property market."

David - Investment Banker, HSBC

"SP were invaluable in the tense negotiation phase and they came to the rescue in getting the paperwork speeded up when it looked like my property might fall into probate. I can’t recommend SP more highly to anyone."

Adnan - Director, Citigroup

"I think having employed SP Property saved me close to 20% of the purchase price by offering before anyone else had viewed the property and through shrewd negotiating and sound advice."

David - Corporate Lawyer, Linklaters

"We reflected on the weekend on our decision to work with you guys and said what a great decision it was.

You did a tremendous job getting us through that cumbersome process of buying. Absolutely fabulous that we found an off the market property at a very competitive price. That was exactly what we were looking for when the journey started. We can't say thank you enough for this absolutely superb service."

M & K - Private individuals

"After searching for a flat in Pimlico for over two years including with two abortive transactions, you found us the perfect flat in three weeks.

You negotiated a significantly reduced price, and ensured that the transaction proceeded very quickly. I have acquired several properties over the years and this was by far the smoothest, hassle-free transaction I have known. Thank you for providing a first class service."

Nick - Senior Director, The London Planning Practice

"SP Property found me a place I wouldn’t have considered or found if I was doing this by myself."

Ed - Executive Director, Investment Banking

"As an overseas buyer, I could not have found the property I bought without the help of SP Property… I was only in London for two days and SP handled the entire process and ensured that we exchanged within ten days, which we had agreed to do in return for a reduced price."

Michael - Private Equity Director, Bridge Capital LLC (USA)

"I hugely recommend SP to anyone seeking to buy a house, especially to those who may think it a luxury they can’t really afford.

In our case I’m confident that the work of you and your colleagues paid for itself in purely financial terms. What I most appreciated was a sense of complete safety in having you looking after our affairs, together with complete protection from all the innumerable hassles. You were at every one of the front lines throughout, and we didn’t have to go there."

Galen - Philosopher

"You were excellent. Once you found the house, you gave good advice on pricing and was on top of coordinating the mortgage broker, solicitor and estate agent to help get things done asap."

Marc - Duetsche Bank

"If it hadn’t been for you, your negotiating skills, and your expertise to navigate us through the tricky waters of the last six weeks, this deal would have most certainly fallen through. Thank you for your guidance, insight, patience and perseverance."

Artia - Architect, Nova Domus Ltd

Contact

For further information please contact our Head of Property Search, Oli Russell, who will be delighted to discuss your requirements: +44 (0)20 7244 4487 or oli.russell@sppropertygroup.com