Your Step-by-Step Journey to UK Property Ownership
Safe & Easy Investment with Source My Property
Investing in UK property from Turkey or TRNC is simpler than you might think. With our process refined through hundreds of successful transactions, we provide a clear, straightforward roadmap that eliminates uncertainty.
£50M+
Secured Investments
60+
Turkish Families
5-7%
Annual Yields
12-18
Months (Off-Plan)
Phase 1: Getting Started & Assessment
1
Initial Consultation
Week 1
We begin with a comprehensive discussion about your investment goals, budget, and preferences. This can take place in our London office, via video call, or during our regular visits to Turkey and TRNC. We explain the UK market and potential returns in Turkish.
2
Property Selection
Weeks 2-3
Based on your criteria, we present carefully curated investment opportunities with detailed financial projections and market analysis. We provide virtual tours, location videos, and all necessary documentation to help you make an informed decision.
3
Reservation
Week 4
A reservation agreement is signed and your chosen property is reserved in your name with a small deposit. Your selected unit is taken off the market and secured for you.
Phase 2: Legal Process & Financing
4
Solicitor Appointment & Legal Checks
Weeks 4-6
We connect you with experienced solicitors specializing in international transactions. Your solicitor begins legal due diligence including title and contract review. We assist with AML documentation and source of funds requirements.
5
Mortgage Pre-Approval
Week 5
(Optional) We introduce you to specialist mortgage brokers who help you obtain pre-approval based on your income and credit profile. You'll know exactly how much you can borrow and on what terms.
6
Mortgage Finalization
Weeks 6-8
(Optional) The lender conducts property valuation and completes the approval process. Many Turkish investors can access 70-75% loan-to-value mortgages. By week 8, your mortgage offer (if using) is finalized.
7
Exchange of Contracts
Weeks 8-10
The purchase becomes legally binding. For off-plan purchases, you typically pay 20-30% at exchange (ready properties usually require 10% deposit), with the balance due at completion. Payments are made via international bank transfer in GBP.
Phase 3: Construction & Handover
8
Construction Updates
12-18 Months
(Off-plan projects) We provide regular construction updates and photos so you can track your property's development. We maintain contact with developers and inform you of important milestones throughout the build.
9
Final Preparations
Pre-Completion
Your solicitor conducts final checks (confirming the property has been completed according to contract). We assist with preparing the remaining payment amount and coordinate any necessary fund transfers.
10
Completion & Handover
Month 12-18 / Week 8-12
This is when you officially become a property owner! The remaining balance is paid and the title is registered in your name. We coordinate the handover and key collection process. Congratulations - you now own UK property!
Phase 4: Letting & Income Generation
11
Rental Preparation
Post-Completion
Our property management team organizes furnishing and cleaning if needed, making your property attractive to tenants. We arrange professional photography and list your property for rent.
12
Finding Quality Tenants
2-4 Weeks
We use our extensive network and listing platforms to find potential tenants. All candidates are comprehensively assessed (income verification, reference checks, etc.) and we focus on securing reliable tenants who will care for your property.
13
Rental Income Begins
Ongoing
When your tenant moves in, rental income begins! We collect rent on your behalf and transfer it monthly in GBP to your specified UK or international bank account. You receive detailed financial reports showing all income and expenses. You now have a steady passive income stream.
Phase 5: Long-Term Partnership
14
Ongoing Portfolio Management
Ongoing
We maintain regular communication, sharing market updates and property status reports. We provide guidance on tax and regulatory matters, referring you to specialists when needed. Our support is available whenever you need it.
15
Portfolio Growth
Long-Term
We proactively present new opportunities to help you grow your portfolio. We help you evaluate options like using equity from your existing property for a second purchase, refinancing, or diversifying into different London areas. Many of our clients have grown from one property to multiple properties with our guidance.
Start Your UK Property Journey
Get a free consultation with our bilingual team today and take the first step toward your dream investment.
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