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Follow on Google News | The Worldwide Property Group Introduce Cenoptions to Property InvestorsThe Worldwide Property Group introduces Cenoptions to their property investors as another safeguard and optional exit strategy. The new option adds security to property investors seeking to reduce elements of risk.
By: Edward Kirwan A financial product range has been created to provide greater flexibility for property owners whereby an investor can assign an existing bought option, the benefits of which include any contract can be sold to any third party. Other key benefits provided to Cenoption holders include: The lack of worry about future house price falls. The safeguard of equity when buying at a discount. The availability on residential and BTL including new build and off-plan properties. There is no credit scoring or income requirement as underwriting is asset based. The Cenoption can be exercised at any time between 3 and 10 years from taking it out and provides property investors with a solid exit strategy. This type of option can be assigned to a new purchaser at no cost if the investor chooses to sell on the open market. The process involved means any Cenoption can be put in place in under 28 days and give the property investor peace of mind for 10 years. Property investors now have another safeguard and a positive, cost effective exit strategy for their investments. Edward Kirwan, Investment Portfolio Consultant,. http://www.edwardkirwan.w- # # # Edward Kirwan, is an Investment Portfolio Consultant working with the Worldwide Property Group. We provide prospective clients with accurate advice on investment property to assist in building a portfolio that provides financial security. http://www.edwardkirwan.w- End
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