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Properties Direct

Properties Direct

Real Estate1-10 Employees

Company overview

HeadquartersXX
Website
NAICS522292
Employees1-10

Key Contact at Properties Direct

Flag of GB

Khalid Iqbal

Owner

About Properties Direct

Properties Direct is a portal dedicated to listing homes currently held in probate in the UK. Through our connections within the legal profession, we have exclusive access to hundreds of homes across the country that need to be disposed of off to satisfy beneficiaries of an estate. When assets are held in probate, it is a costly business for the heirs of someone who has passed away. Not only do they have to deal with the death of a loved one, but also the expense of disposing of any assets they left behind before they can claim their inheritance. Hundreds and thousands of properties are held in probate every year in the UK. Generally, they will go to auction as it is the quickest way of getting a sale on high-value assets. However, there are some downsides to selling homes at auction such as bids not meeting the reserve price leaving the property unsold. It is also very expensive to sell a property at auction with an entry fee of £300-£400, plus around 2.5% of the sale price, not to mention at least £200 on a legal pack. That makes auctions a fair bit more expensive when compared to high-street estate agents, and ridiculously expensive when compared to Properties Direct! This is the reason we can EXCLUSIVELY list HUNDREDS of homes held in probate across the UK and offer them to our Members at incredible prices!

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Properties Direct revenue & valuation

Annual revenue$342,220
Revenue per employee$86,000
Estimated valuation?$1,100,000
Total fundingNo funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Founder/Owner

Funding Data

Properties Direct has never raised funding before.

Frequently asked questions

Properties Direct is located in XX.
Properties Direct has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

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