A new app aims to transform the way investors source, assess and buy properties.

The Property Sourcing Company’s founders believe that the launch will shake up the current deal sourcing market which is fragmented, time consuming and sometimes unreliable, making good property investment opportunities hard to find.

Their membership-based app is designed as an end-to-end property sourcing service, providing users with direct access to off-market, below-market-value properties - without having to spend hours searching and missing out on deals. The platform operates on a simple membership model, with various tiers designed to suit different levels of investors.

Appeal

CEO Jonny Christie believes it should appeal to people with capital but no time to source deals themselves and those who want to build a portfolio but need better access to opportunities as well as seasoned investors who already own multiple properties and simply want a better, faster deal pipeline.

“The deal strategies that fit the properties we have listed on the app are buy-to-let, BRRR, flip, refurbish to flip, HMO, freehold blocks of apartments, and sometimes we will have commercial or land opportunities,” he tells LandlordZONE. “We cover the whole of England and Wales and have deals ranging from £30,000 up to £2,000,000, although our average deal size is about £150,000. We mainly source deals in areas where we have a high demand from investor buyers.”

The new initiative is part of The Property Buying Company founded by Christie and Karl McArdle which has bought, sold and traded more than 5,000 properties across the UK since 2012.

“We have a vertically integrated supply system through our parent company, and we also have other suppliers feeding vetted deals through our app platform,” he adds. “All deals that are launched on our app are direct to vendor, below market value and most importantly off market.”

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