Property Investment Consultation

Our first consultation with you is free. We will discuss

• Your property and investment objectives
• Your reasons to invest and what you have done to date
• Your current financial strengths and commitments
• Legal and taxation investment issues
• Help you develop your investment plan
• Our professional services

Property Search & Selection

SCK Group has been involved in the sourcing and purchasing of investment properties for over 20 years. We have therefore vast experience in the investment potential of all areas in which we operate. We have established a strong relationship with a network of established developers. This allows us negotiate competitively for new properties. This negotiated price is passed to you the investor. We are not tied to any developer. We act impartially. We continue to monitor the potential of each new development as they come to the market. This expertise is used to your benefit to

• Advise you of the most suitable locations to invest
• Property will be sought with high appreciation potential & highest achievable rents (self financing where possible)
• All investment criteria will be clarified and investigated on your behalf
• Share our vast experience in the pros and con's of purchasing investment property.

Financing Your Property

SCK Group have been purchasing investment properties for over 20 years. We have a very close relationship with a number of financial institutions and we negotiate the best overall package on your behalf. We are not tied however to any institution. We act in the best interest of you the client. We will

• Negotiate the best price for your investment property
• Negotiate the best mortgage/finance package on your behalf
• Complete all the necessary application forms and documentation on your behalf.
• For our complete range of financial services click here

Property Fit Out

SCK Group are committed to providing high quality furniture and fittings in all their clients investment properties. This approach has resulted in excellent relationships with the tenants who occupy these properties. SCK Group provide

• Our own in house specialist in the purchasing and design of all interior fittings and products
• We supply all electrical appliances, household furniture, curtains, floor covering as well as the complete kitchenware range of products.
• Properties are inspected 3 times a year to ensure the standards are maintained
• Click here for fit out samples

Property Letting

SCK Group's highest priority is to ensure your investment property is occupied at all times. All our investment properties under our control are treated with the same priority. We have our own in house experienced letting manager and with her team ensure the properties are occupied at all times. Our team will

• Advertise your property in the most appropriate way
• Interview and select suitable tenants
• Tenant references will be requested and checked for financial reliability
• Record contents inventory & lease preparation
• Recording of all utility readings
• Agree a tenant code of coduct
• Co-ordination of deposit & advance rent, standing orders, key holders, alarms, contact details, etc.

Property Management

SCK Group clearly appreciate the importance of maintaining all the properties under their control in peak condition at all times. We deal with all emergencies which may arise. With our own in house maintenance team, we will attend to any maintenance issues which may arise. Our focus is to provide peace of mind for you the Investor. We will

• Remain the direct contact for the tenants at all times
• Resolve all maintenance issues
• Deal with all emergency issues when they arise
• Provide property inspections 3 times a year & content inventory checked
• You as the investor/owner will be informed of issues arising where appropriate

Rental Accounts

SCK Group will establish on your behalf a dedicated bank rental account. SCK Group will have viewing access only to this account to monitor the monthly rental payments. The company have a member of staff dedicated to monitoring these rental accounts on a daily basis. We will

• Establish the bank rental account
• Monitor payments to this account on the day following payment due date
• Follow up and pursue tenants where payment not received
• Take action where necessary for failure to meet rental commitments

Tenants and the PRTB

The Private Residential Tenancies Board (PRTB) was established in September 2004 to resolve disputes between landlords and tenants, operate a national tenancy registration system and provide information and policy advice on the private rented sector. The PRTB dispute resolution service replaces the courts in relation to the majority of landlord and tenant disputes. For more information visit www.prtb.ie

The SCK Group fully supports the PRTB and their objectives. We will ensure, that all investment properties under our control are registered with the PRTB. The benefits that arise from being registered are for both the landlord and the tenant. Failure to register with the PRTB will result in a fine and the landlord will be unable to claim any interest tax relief on that property.

The SCK Group will

• Complete on your behalf the required form PRTB1.
• Ensure all tenants are aware that you are registered
• Complete the form PRTB1 on each occasion that a new tenant occupies your premises.
• Pay the PRTB €70.00 on each occasion and invoice you, the landlord, in return.

Complex Management Companies

Where your investment property is part of a complex or development you automatically become a member of the management company. You will pay an annual fee to this company. The company is responsible for maintaining the standard of the development, the structural upkeep of the apartments and all the common areas.

SCK Group will attend meetings of this company on your behalf and make representation on issues of concern. SCK Group will usually have a number of investment properties in that complex. We will

• Remind you to pay your annual management fee
• Attend all meetings where necessary on your behalf
• Deal with all issues which may arise from your property with the management company
• Where emergencies such as water leaks arise, we will organise the insurance companies assessors to inspect the damage, use our own maintenance team to have the necessary repairs completed as quickly and efficiently as possible and deal with the complex management company to resolve costs involved.
• For your copy of the National Consumer Agency brochure "Management Companies and You" click here

Property Investment Example

SCK GROUP - PROPERTY INVESTMENT EXAMPLE Example: Property Details Size and Type: A new built 2 bed apartment, with ensuite and car parking space. Breakdown of costs • Property cost/price €250,000 • Stamp duty 4% (or 3% on net if less than €190,500) €8,810 • Legal fees €1,500 • Legal outlay up to €835 • SCK fees from 6% + VAT @ 21% € 15,000 €3,150 • Fit out of apt. (2 bed) €15,000   Total: €294,295 Financing of apartment and repayment schedule You have borrowed as follows       Repayments 1. A 75% mortgage on apartment over 25 years = (Up to 10 years interest only @ 4.25%) €200,000 €708 p.m. 2. Balance on top up (on another property) = (25-year loan variable annuity @ 4.25%) €94,295 €510 p.m.   Total: €294,295 €1,100 p.m. Projected Rental Income Rental Income €1,100 p.m. Yearly External Management Fee To cover insurance, refuse charges, external lights, Common areas and maintenance   €500 - €1,500 p.a. Letting of property 5% plus VAT - on rental income p.a. Management of property 9% plus VAT - on rental income p.a. SCK Group • Heritage House • E1 Nutgrove Office Park • Nutgrove Avenue • Rathfarnham • Dublin 14 Tel +353-(0)1-2910800 • Fax +353-(0)1-2962750 • Email • Web: www.sckgroup.ie