How is each 'Nest Egg' regulated and controlled? Click here for answer.
What is syndicate-ownership? Click here for answer.
Am I eligible to invest? Click here for answer.
Can I invest from overseas? Click here for answer.
Can I become a syndicate member as a limited company? Click here for answer.
How much capital do I have to commit? Click here for answer.
Where is syndicate members' money held prior to completion of the funding round and property purchase? Click here for answer.
What is a 'Nest Egg' limited company? Click here for answer.
Will I ever be required to put in more capital? Click here for answer.
Is there a time-limit to how long my investment funds are held, prior to the purchase of the 'Nest Egg' property? Click here for answer.
Can I cancel my participation? Click here for answer.
What returns do I get? Click here for answer.
When are the returns paid? Click here for answer.
What about legal fees, searches, letting fees and other costs? Click here for answer.
What are Thames Property Nest Eggs' fees? Click here for answer.
What sort of property will I be investing in? Click here for answer.
What checks are carried out prior to the purchase of a property? Click here for answer.
What happens if I want my money back before the property has been sold? Click here for answer.
What is the exit strategy? Click here for answer.
What are the risks? Click here for answer.
What happens if Thames Property Nest Eggs becomes insolvent? Click here for answer.
What is the tax position on monies paid to me? Click here for answer.
Do you accept funds advanced via SIPPs and other pension vehicles? Click here for answer.
Is financial advice provided? Click here for answer.
What is your complaints procedure? Click here for answer.
Can I invest on my own as a sole investor in a 'Nest Egg'? Click here for answer.
I've invested into a Fast Track 'Nest Egg' but have been issued just one x £1 Ordinary Share. Is this correct? Click here for answer.
Why is my investment treated as share capital in a 'Classic Nest Egg', but as a loan in a 'Fast Track Nest Egg'? Click here for answer.
Why are the accountancy charges higher for 'Nest Eggs' in excess of £500K? Click here for answer.
I have an idea of potential costs and therefore profits; are these likely to change/increase? Click here for answer.
The Thames Property Nest Eggs model specifically dictates that the syndicate members themselves are in full control of all the decisions that effect their 'Nest Egg' syndicate, and its property. This 'investor-controlled' modus operandi is transparent and continuous throughout the lifespan of every 'Nest Egg'. No decisions are ever made on behalf of syndicate members by Thames Property Nest Eggs, and its role therefore is purely to source properties for approval by syndicate members, to facilitate the administration of syndicate companies, and to act in accordance with the instructions of syndicate members. The whole 'Nest Egg' process is also managed and supervised under the direct and independent auspices of Moore Stephens Accountants and Royds Withy King Solicitors, both of whom practice within the parameters of rigorous regulatory requirements.
Syndicate ownership is the process of multiple persons coming together to buy and jointly own a property. With syndicate-ownership, the syndicate members are in total control of all decision making, and devolve implementation of the decisions to Thames Property Nest Eggs and its associate professionals.
Prior to the advance of any capital, all prospective syndicate members must satisfy the legal requirements of UK money laundering regulations. You must be over the age of 25, and willing to participate fully in the decision-making of each syndicate you invest in. Acceptance of applications from prospective syndicate members is at our discretion.
Yes, but anyone who is not a UK resident must satisfy themselves that they are complying with the laws of their own country before they advance any funds.
Yes, if you choose to do so, but we will need the company registration certificate and ID for the shareholders and directors.
Each property 'Nest Egg' is held in a limited company, set up on behalf of the syndicate members by Moore Stephens Accountants. Each company has a maximum of 10 shareholders only. Therefore a property 'Nest Egg' of £250K would have 10 shareholders at £25K each; a property 'Nest Egg' of £350K would have 10 shareholders at £35K each. There are 5 'Nest Egg' levels: £250K, £350K, £500K, £750K and £1m. We believe that this model not only makes for a meaningful investment but that it also simultaneously mitigates against risk.
In the bank account specifically set up by Moore Stephens Accountants, for the new 'Nest Egg' company.
This is a UK incorporated limited company which is set up for the sole purpose of buying and holding one 'Nest Egg' property. It is set up and administered by by Moore Stephens Accountants and Thames Property Nest Eggs, acting exclusively on the instruction of the 'Nest Egg' syndicate members.
No. This is ensured by the following example process: A £250K property 'Nest Egg' would commit c £200K (80%) to the initial cash purchase of a property. Approximately £25K (10%) would be used for the property refurbishment and a further £12.5K (5%) would be ear-marked for initial legal, accountancy, completion, and Companies House Fees. The final £12.5K (5%) would be held as a safety-net, contingency fund in the 'Nest Egg' bank account. In the case of a 'Classic Nest Egg' (5 years hold), this final financial cushion would subsequently be topped-up, month-on-month with rental income, ensuring a strong cash-flow position at all times, and a built-in buffer against the need for future funding.
As soon as the 'Nest Egg' is fully funded, we allow 3 months to source the 'Nest Egg' property. If no satisfactory property is identified in that time, all investor funds are returned.
We allow a cooling off period of 14 days from the date of signing the reservation period.
At the point of sale of all 'Nest Egg' properties, all profits are shared between the syndicate investors and Thames Property Nest Eggs. Thames Property Nest Eggs takes 10% of all gross profits and the 'Nest Egg' company takes 100% of all subsequent profits for its shareholders. This rewards structure ensures that we buy well, refurbish well and sell well on behalf of the investors. In addition to this however, in the case of a 'Classic Nest Egg' (5 years hold), an additional annual and potentially tax-free dividend, is paid to all shareholders only… as voted for by the shareholders themselves.
In the case of a 'Classic Nest Egg' (5 years hold), there is an annual (potentially tax free) dividend paid to each shareholder. The level of this dividend is decided by the shareholders themselves, in consultation with Thames Property Nest Eggs. For both 'Classic Nest Eggs' and 'Fast Track Nest Eggs', the final distribution of all profits and residual funds, comes at the point of sale of the 'Nest Egg' property.
All legal costs associated with the purchase and sale of the property are invoiced direct to the 'Nest Egg' company by Royds Withy King Solicitors on a pre-determined fixed-fee basis. (see 'Fee Structure')
All accountancy/Companies House/HMRC functions are invoiced direct to the 'Nest Egg' company by Moore Stephens Accountants on a pre-determined fixed-fee basis. (see 'Fee Structure')
All property lettings services are invoiced direct to the 'Nest Egg' company by Thames Property Nest Eggs on a pre-determined fixed-fee basis. (see 'Fee Structure')
These pre-determined fee structures are crucial, since they give peace of mind to all 'Nest Egg' shareholders that all financial processes are tightly controlled.
a. All individual investors, at any 'Nest Egg' level, pay a £825 (per share) 'Administration/Set-Up Fee'
The fee is payable with your reservation paperwork and is in addition to your funding commitment for the relevant 'Nest Egg' syndicate.
This fee is fully refundable only in the event of a failed funding-round, the timescale for which is 3 months from 'Nest Egg' launch..
No other fees are charged to individual members of the 'Nest Egg' syndicate.
b. Once Thames property Nest Eggs has sourced and completed on a property purchase, a 'sourcing fee' of 2.5% of the 'Nest Egg' value is charged to the 'Nest Egg' company A subsequent fee of 1% is charged for the sourcing of refurbishment contractors, and the monitoring of the refurbishment process, to ensure that the upgrade is completed on time and within budget.
c. At the point of sale of all 'Nest Egg' properties, all profits are shared between the syndicate investors and Thames Property Nest Eggs. Thames Property Nest Eggs takes 10% of all gross profits and the 'Nest Egg' company takes 100% of all subsequent profits for its shareholders. This rewards structure ensures that we buy well, refurbish well and sell well on behalf of the investors.
d. In the case of 'Classic Nest Eggs', Thames Property Nest Eggs charges an annual fee to the 'Nest Egg' of £1000. This is for the management, coordination, and administration of the 'Nest Egg', as well as coordinating/implementing all voting decisions, and being the point of contact for all 'Nest Egg' investors.
e. In the case of a 'Classic Nest Egg' (5 years hold), the advertising, letting and full tenancy management of the 'Nest Egg' property is charged at 10% of gross rent, with Thames Property Nest Eggs acting as the syndicate's letting agent.
f. When instructed to do so by the 'Nest Egg' syndicate, Thames Property Nest Eggs advertises the property for sale on the open market. A sales fee of 1.5% is charged for coordinating the sale of a 'Nest Egg' property.
Our property strategy is to identify and cash-purchase, properties anywhere within the M25 but particularly in key areas of re-generation and future CrossRail development. The strategy also recognises the benefits of buying properties that are in need of upgrading or refurbishment since this will give added potential for capital growth uplift, at point of sale.
The Thames Property Nest Eggs management team are experienced in the London property market, with many years of buying and selling for both UK and international clients (see testimonials). All potential purchases are vetted and evaluated by Thames Property Nest Eggs before proposals are made to the syndicate, for an ultimate purchase decision. Once the syndicate has voted on a purchase choice (from the short-list of properties provided by us) we will action a full structural survey, prior to purchase, to confirm accurate assessments of the property, and its viability as an investment.
In the case of a 'Classic Nest Egg' (5 years hold), all syndicate members/shareholders are locked-in for a 5 years period to enable strong capital growth potential, but with 'light at the end of the tunnel' from Day One. In the event of a shareholder death during the term, the shareholding can be left as part of an estate. As the term of the syndicate reaches the end of its projected 5 years lifespan, syndicate members are invited to vote to either extend the term by a further 12 months or to exit as planned. This is to give added flexibility so that the syndicate can respond to prevailing market conditions at 5 years. Voting decisions on this issue are carried by unanimous vote.
In the case of a 'Classic Nest Egg'(5 years hold), this is entirely within the control of each syndicate. Generally, at 5/6 years from purchase completion and on instruction from the 'Nest Egg' syndicate, the 'Nest Egg' property is marketed to be sold by Thames Property Nest Eggs. The property is advertised for sale on the open market at a price determined by 2 independent valuations. 100% of net profits from the sale, plus 5 years of net rental income held in the 'Nest Egg' bank account, is distributed to the 10 shareholders. At the point of 'Nest Egg' property sale, the 'Nest Egg' company is dissolved. In the case of a 'Fast Track Nest Egg', the sales process is exactly the same but is triggered immediately the property refurbishment in completed.
Please refer to the "Risk Warning" section on the website here.
Thames Property Nest Eggs acts independently of the 'Nest Egg' company and simply provides property and administration services to the syndicate of investors, subsequently implementing the syndicate decisions as part of the service-level agreement. The syndicate members therefore remain 100% beneficial owners of the property via their shareholding in the 'Nest Egg' company, and the interests of the syndicate members are therefore protected and ring-fenced.
You will be liable to pay tax on all income and dividend payments arising from your participation in a 'Nest Egg' company. Your tax accountant will advise on the specifics as they effect you.
Yes, 'Nest Egg' companies are able to accept investment from SIPPs and similar pension vehicles. It is up to you to take advice from your financial adviser and/or pension provider on whether that would be suitable for you.
Thames Property Nest Eggs does not provide financial, taxation or legal advice. Syndicate members should seek independent professional advice.
Should you have a complaint you may report it by using the contact section here.
Yes. We also offer the opportunity to invest in a bespoke 'Solo Nest Egg'. In this model there is just one investor who owns 100% of the 'Nest Egg' shares... is 100% in control of all decisions... and takes 100% of all net profits from rent, and 100% of all net profits from capital growth. Again, we provide the expertise and guidance, and do all the legwork.
Yes, the balance of your investment into a 'Fast Track Nest Egg' Company is treated as a Directors Loan. This will make it easier and more cost effective to distribute profits and capital back to shareholders prior to winding up the Company.
Capitalised investments give greater security in the 'Classic Nest Egg' model. This is important for protecting the 'Nest Egg' company and shareholders over a 5 years life-span. Within a 'Fast Track Nest Egg', priority is given to simplifying the process of extracting profits and accelerating investor returns of capital.
Companies holding residential property valued in excess of £500K can be subject to additional tax reporting. Moore Stephens Accountants have factored this into their fixed-fee projections.
Most costs are fixed and would change only in unforeseen circumstances. The share of profits taken by Thames Property Nest Eggs is based solely on the property sale price, and hence the profit to investors. At the point of sale of all 'Nest Egg' properties, all profits are shared between the syndicate investors and Thames Property Nest Eggs. Thames Property Nest Eggs takes 10% of all gross profits and the 'Nest Egg' company takes 100% of all subsequent profits for its shareholders. Once investors achieve a post corporation tax profit of 10% (annualised), Thames Property Nest Eggs takes 50% of all subsequent profits. This is a strong incentive for us to buy well, refurbish well and sell well on behalf of the investor syndicate. Win/Win.