FAQ: Provision Property Services
1. What is Provision Property Services?
Provision Property Services is a property business specialising in deal sourcing and packaging for investors, high-net-worth individuals (HNWIs), busy professionals or anyone alike. We aim to source high-quality property investment opportunities, handle due diligence, and streamline the investment process to maximise returns for our clients.
2. What is deal sourcing/deal packaging?
Deal sourcing is the process of sourcing, negotiating, and packaging profitable property investment opportunities for clients. Deal sourcing involves researching, negotiating, and assessing potential opportunities to ensure they meet specific investment criteria. Deal packaging takes structuring and presenting the deal to investors in a suitable format. This includes due diligence, financial breakdowns, potential ROI (return on investment), and legal compliance.
3. Who can benefit from your services?
Our services are ideal for:
Investors: Looking for hands-off property opportunities with solid returns.
High-net-worth individuals (HNWIs): Seeking bespoke investment solutions.
Busy professionals: Who lack the time to research and manage property deals but want to build their portfolio.
4. What types of properties do you source?
We specialise in sourcing properties that align with our clients’ goals, including our main focus on Buy-to-let properties with high yield/high ROI.
5. How do you find property deals?
We leverage working with estate agents to identify exclusive off-market deals. We also conduct market research and analysis through online property portals e.g. Rightmove to ensure the opportunities we present meet your standards.
6. What is your process for working with clients?
Our process involves:
Initial Consultation: Understanding your investment goals and preferences.
Deal Sourcing: Identifying and packaging tailored property opportunities.
Presentation: Delivering a comprehensive proposal, including financial projections and due diligence.
7. Do I need property investment experience to work with you?
No. Whether you’re a seasoned investor or a beginner, we provide tailored solutions to suit your level of experience and investment objectives.
8. How much do your services cost?
Our fees depend on the complexity of the deal and the level of service required. During the initial consultation, we provide a clear breakdown of costs and fees so you know exactly what to expect.
10. What about compliance?
At Provision Property Services, we take compliance seriously. We are committed to operating with transparency, integrity, and full adherence to all UK property laws and industry standards.
We are fully registered with the necessary governing bodies, including:
✔ Property Redress Scheme – Ensuring fair practices and consumer protection.
✔ Anti-Money Laundering (AML) Compliance – Registered with HMRC to prevent financial crime.
✔ ICO (Information Commissioner's Office) – Protecting client data and privacy.
✔ Professional Indemnity Insurance – Covering our services for added investor security.
Legal compliance isn’t just about ticking boxes—it’s about safeguarding clients. Here’s why it’s essential for deal sourcers:
1. Protecting Clients
Being a member of the Property Redress Scheme (PRS) or the Property Ombudsman (TPO) is a must. This ensures clients have access to a clear resolution process if disputes arise, holding sourcers accountable and fostering trust.
2. Staying Within the Law
Deal sourcers are required to register with HMRC for Anti-Money Laundering (AML) supervision. This involves verifying clients’ identities and preventing any illegal activities, such as the use of illicit funds in property transactions.
3. Safeguarding Client Data
Handling personal data comes with responsibilities. Sourcers must register with the Information Commissioner’s Office (ICO) and adhere to GDPR regulations. This protects clients’ sensitive information and ensures it’s managed securely.
4. Ensuring Professionalism and Transparency
Professional Indemnity Insurance is needed to mitigate financial risk, protect reputation, and ensure compliance with industry standards.
By adhering to all of these compliance measures, deal sourcers can operate legally and ethically, build trust with clients, and uphold a high standard of professionalism.
*Provision Property Services has had it's compliance completed by Sitefindr which is an online platform that connects property deal sourcers with investors. Sitefindr helps deal sourcers meet industry regulations by guiding them through compliance requirements. More information can be accessed down below by clicking the Sitefindr button.
