These are often in the form of:

• 10-18% discount in the market value, giving an immediate equity
• Deposit paid i.e. the buyer does not have to pay any down payment to own a property. A normal deposit of at least 5 % is required by lenders, subject to one's income.
• Stamp Duty paid. This is another expense associated with the property purchase, with a minimum of 1% of the house price.
• Fully Fitted Kitchen, bathroom,etc

So what else one needs?

Imagine a property offered at, say £200,000.

Normal purchase would require, the first time buyer to meet the following major costs:

• Initial deposit e.g. 5% = £10,000
• Property valuation (survey) fee, say £300
• Broker's fee, lenders arrangement fee, etc., say £2000
• Solicitor's fee, search fee etc., say £1700
• Stamp duty 1% = £2000

Total cost of owning a property = £16,000.

If you do not have that kind of money, then you cannot become a house owner, except as explained above.

Suppose you bought a new house from the property company, at 15% discount with deposit paid, then you have, not only become a property owner, you have taken a profitable leap into the future financially. How?

Look at the fortune you have amassed:

• Immediate Equity (15% discount in price) = £30,000
• First year rise in the price of the property, say 10 % = 20,000

So are financially well off by £50,000, without spending a penny of yours!