Frequently Asked Questions

A. We are innovative in a number of ways from the ‘standard’ property investor and developer, primarily through our desire to work collaboratively with homeowner, investors and commercial property owners  with the creative strategies we employ. 

We fundamentally believe that by working with you (not against or cutting you out) and sharing profit, all the parties involved end in a win win situation financially. By working this way, we can often reduce costs which make deals work that previously would simply not be viable.

A. It’s important to understand that all deal structures are slightly different, and these tools serve (often) very different purposes. While the end result might be the same the path and time it takes to get there does differ, resulting in different ramifications and responsibilities for those involved. 

Given the above nuances, it is important that everything is taken into consideration when looking at deal structures, so not to trigger an unwanted situation or tax liability. Which is why we instruct specialist solicitors who understand what we are trying to achieve and why. This offers everyone much more security and assurance that the process has been undertaken correctly to meet everyones needs.

A. If you successfully introduce Bright Hill to a client and we sign a contract with them (in whatever capacity that might be) we will look to pay you a referral fee. The amount you receive will vary, depending on the type of client/project introduced but, typically you could expect to receive anything from £2,000 - £25,000. We are happy to pay referral fees on good deals and work openly and honestly – any introduction will be in confidence and will be carried out with integrity and honesty at all times so rest assured if you put us in touch, you will receive a fee.

Please get in touch if you have any further questions or would like to know more about how this works. 

A. Homeowner/Commercial Property Owner – unfortunately not as every situation and property is different it would be impossible to give you a figure without working though all the figures and other constrains. Our approach is unique and tailored to each opportunity, your desires, time restrictions etc and there is no ‘one size fits all’. 

Investor – this depends on what level of involvement you want, how you want to invest, the level of your investment and how long you want us to hold funds. Typically however, if you simply wanted to invest money (upwards of £50,000) for a 2/3 year period you could expect at least 10% return.

A. Much like the question above its impossible, without having all the details, to be able to quantify this in a figure. 

However, if we progress with a deal, as a minimum it needs to make Bright Hill 25% or more. Therefore if we proceed on a deal, it will, by defaul,  mean you will gain a signficant uplift in value (because we are likely to be profit sharing). As a result it will be worth the time a deal takes to go from start to finish.

A. Every situation and person involved is different, therefore we look to tailor (with legally binding contracts) every deal to tie in with your situation whether you’re a Homeowner, Investor, Business or Joint Venture Partner, or Commercial Property Owner.

All our legal documentation will be drawn up by an appropriately skilled solicitor and available for scrutiny to ensure all parties are happy with what they are signing. We always strongly advocate that all parties seek their own, independent legal advice.

It’s important to understand that the whole ethos of Bright Hill is to work with people, not against them. We are always open and transparent and want to get the best possible outcome for all parties involved (including ourselves). We will do our upmost to ensure adequate and proportionate protection is in place, and that if the worst does happen, cover is in place. 

A. In short because there are huge opportunities financially to benefit from. We are a business not a charity and feel there are lots of underperforming assets that with our input will produce  excellent returns (either through sale or an income stream). 

When it comes to our approach in the commercial property market, we are not looking to reinvent the wheel but capitalise on opportunities that are either too small for institutional investors or that have simply been overlooked. 

A. It will be agreed between you and us. Where you or we feel the need, we may engage a qualified charted surveyor to assist us in determining the right value.

A. Stamp Duty is a tax paid to HMRC by a purchaser of a property (and on stocks and shares). Depending on the buyer’s situation and the value of the property, this tax may be exempt, but conversely a heftier levy may be applied if the buyer falls into a different category.  Depending on how a deal is structured Bright Hill Properties may not have to pay this Tax because technically we may not actually be buying the property, therefore no tax is due.

A. It’s just that; a Sale of property, with the seller Leasing it back from the new buyer. It works exceptionally well in many situations, as it gives the seller (normally a business) the flexibility to remain in a building they (had previously owned) and operate out of, while freeing up any capital value that is embedded in the building. Conversely it gives the buyer the security they may want from a tenant who is providing an income stream.

A. Capital Gains is a tax paid to HMRC by someone who makes a profit on an asset (in this case property) when they sell. There are, however, some exceptions and depending on your position you may qualify for such an exemption. Such an example would be if the property is your main or principle private residence. 

A. An Option Agreement can be used in a variety of situations to give a seller and buyer security and flexibility. It is a completely tailored document making it a great tool to fit many unusual situations and can include any number of clauses to suit all parties. 

It is a legally binding document that in its basic form gives a buyer the ‘option’ (right) to purchase a property for a pre-agreed price from a seller within a specified period of time, normally in exchange for some kind of premium to the seller. 

A. This is a normal sale of a property, but with longer between exchange of contracts (when a deposit is paid, and everything becomes binding) and completion (when full sale funds are paid, and the deal completes). Again, this can be a useful tool for all parties involved and has many similar benefits to an Option Agreement or Sale & Leaseback.