Frequently Asked Questions

Let's answer your questions

Please don't hesitate to contact us directly, should you have any further queries or concerns.

We focus on price ranges that are affordable to both tenants and prospective purchasers should you want to sell in the future. Throughout the UK we specialize in obtaining one bed, two bed and studio apartments in prime hot spots well located for universities, schools, shops, public transport and services to appeal to a wide range of tenants as well as supporting the security of capital growth. 

This is a very relevant question. Each investment is different as each investor has a different reason for wanting to invest offshore. Depending on various factors, we focus on developments ranging from as little as £60, 000 in areas such as Leicester to £500,000 in London. Other factors being cash or mortgaged. Currently banks are only lending funds for sales above £1000 000 of which at least 50% would have to be an equity stake excluding transfer costs. BDB will provide a full cash flow analysis showing the exact equity requirements and what the anticipated rental income will be to cover your bond repayments as well the expected return on investment. Having factored in all variables it would be best to consider all options available and then make a decision based on the requirements of each individual client.

Both the UK and Australia are vibrant ever expanding countries within the global economy. There will always be more and more people wanting to be a part of these first world economies as well as the vast opportunities they offer. Both the UK and Australia have strong economies, stable governments, well developed infrastructure as well as skilled and well paid workforces.

Once a property has been decided on and the tax clearance certificate approved the funds are  transferred to solicitors (lawyer) in London who in turn transfer the funds directly to the seller as soon as all contracts have been signed. In this manner no funds are ever handled by third parties or even by BDB International. Thus every client can rest assure that all legal procedures are being followed and their funds secured.

Investing in residential property (in Australia and the UK) provides the investor with investment portfolio diversification through ownership of an asset in a first world economy. It also allows South Africans the added benefit of a Rand hedge. This is by far the safest way to hedge against Rand volatility and political instability whilst simultaneously creating a nest egg in a stable, first world economy. Residential property is regarded as one of the safest investments and shows almost constant growth in value with good taxation benefits.

In the current market situation an accurate estimation would be very difficult to make as capital growth will vary on a large scale.  The investor can decide not to pay off the capital loan, but only the interest, which is also fully tax deductible and another of the many benefits of investing offshore.

Once the property has been purchased and registered in either the investors own name or his nominated company, the management issues are dealt with by BDB and its associates. We facilitate all the letting and management from day one, which includes finding tenants, repairs and maintenance as well as monthly Landlord statements. In this manner each investor is constantly aware of all matters relating to his/her property but without having to keep an eye on the management on a daily basis.

Typically leases are 6 month or 12 month contracts depending upon market conditions at the time and are in some cases paid in advance. The letting and management company, appointed by BDB, will negotiate all the relevant terms and conditions. They will also be responsible for the tenant check-in, check-out reports, maintenance of the property as well as any issues relating to managing the property. This means that the investor won’t have to worry about any letting or management issue relating to the property as all aspects will be covered on his/her behalf.

Two months prior to the tenancy ending the property is advertised and a replacement tenant signed up as soon as possible to avoid any gaps in tenancies. Rentals are constantly high due to strong demand because of population increase as well as immigration. This situation will most likely continue as there is a constant shortage of rental properties available to tenants.

All of our agents charge a 10% plus VAT management fee which is deducted from the monthly rental income and the balance is then transferred to the Landlords bank account. We will then forward the landlord monthly statements reflecting income and expenses relating to your property. Service charges(Levy) and ground rent expenses will be reflected in these statements. As landlord it is your responsibility to check that your rent is being paid into your bank account. Before moving in the tenant must pay a deposit equal to at least one full months’ rent. This deposit will be used in case of any loss of rental income as well as any damage caused by the tenant. Unlike the current situation in South Africa where the tenant has all the power, the roles are reversed in the UK and Australia where systems are in place to specifically protect the landlords’ interests and that of the tenant but on a fair basis.

Most of the units are let completely furnished and this is another service BDB offers the investor. We are responsible for installing the complete furniture pack which includes everything needed to let the property as fully furnished. We use a wide range of suppliers and this ensures the investor of top quality furniture at the best possible prices available.

As with all property investments there are various insurance options available to the owner. The investor is introduced to all the options available to him and once a decision has been made BDB will ensure that all relevant processes are undertaken to fulfil the investor’s requirements. The landlord may also insure himself against loss of rental income if he so wishes. The property is insured by the management agents (body corporate) and these costs are part of the service charges (levy) charged annually.