I avoided making a dreadful and expensive mistake
I was referred to Mercury Homesearch by a friend. Although I already own property in London and have numerous property investments elsewhere, I had been advised that Jeremy could find me a better apartment than I would be able to and negotiate a better price, so I asked him to represent me.
Initially, I was surprised at how few properties he was showing me, but he assured me that he was unimpressed with what he was seeing and that I would have been wasting my time viewing them. This was a refreshing change to being sent all manner of unsuitable suggestions.
However, one afternoon, I spotted a superb apartment on the internet, which looked perfect, and asked Jeremy why he hadn’t mentioned it. He said that it was too noisy and he questioned the quality of the workmanship.
Trusting his advice, I forgot about it until two months later when I discovered that a friend of mine had bought the apartment. I asked Jeremy what he thought. He maintained his view and said that he felt the buyers had also overpaid because of these issues.
As I needed to rent somewhere in London while I waited for my apartment to be refurbished, I asked my friend if I could visit the flat with a view to renting it for a short period. We really liked it and decided to rent it. Obviously I was rather concerned by the advice I was receiving from Jeremy as I would have readily bought the apartment two months before and had clearly missed an opportunity.
However, within a week of moving into the apartment, it was evident that Jeremy had been right. There proved to be a lot of noise in the street late at night and early morning and the standard of the workmanship was average even if everything looked good on the surface.
I would have been livid if we had bought the flat, but Jeremy could have quite easily persuaded me to do so and pocketed his commission. Fortunately he genuinely had my best interests at heart, so not only did he save me a huge amount of time, but I avoided making a dreadful and expensive mistake.
This standard of advice and trustworthiness is rare in the property market. So, I highly recommend you ask Jeremy to represent you even if you think you know the London property market. He has “inside” information and knowledge which is invaluable. If you are new to buying property in London then you would be mad not to seek his advice.
Are they trustworthy?
There is one fundamental question I ask when looking for advisers: are they trustworthy?
This is essential as there is invariably an underlying conflict of interest – anyone who is paid only if a transaction completes is incentivised to ensure a transaction takes place. Will this cloud their judgement and/or advice?
Of course, one can never be certain despite researching and interviewing potential advisers, so the proof invariably comes with experience.
Jeremy McGivern at Mercury Homesearch has been advising me and my family on our London property acquisitions for over ten years. In that time he has helped us acquire several apartments and houses.
His advice has always been clear and backed up with sound comparable data. More importantly he is quick to highlight the downsides of any given property. In fact he spends more time persuading me why I should not be buying a property rather than trying to sell properties to me. His conservative nature means that if he is even vaguely positive about a property then I know that it at least deserves consideration.
The fact that we have bought numerous homes for different members of the family through Jeremy highlights the belief we have in his expertise, but also his trustworthiness. The proof is also in the result of each transaction.
Consequently I have recommended him to friends and business acquaintances and I recommend that you ask him to advise you in your property acquisition.
If you wish to acquire a property in London I strongly recommend you use Mercury Homesearch. I have no doubt that we would not have been able to buy a property, which represented such value in one of London’s finest addresses, without his knowledge and expertise.
I live in India and wanted to buy a home in Belgravia, Knightsbridge or Mayfair for my family. Although I am a director of one of the largest property companies in India, I have had little experience of prime London market. In addition I was too busy to carry out the necessary research and barely had time to visit London to view potential homes. Consequently, I needed someone with a proven track record to source all the suitable properties available, refine these into a shortlist and then to advise me on the value and to negotiate accordingly.
Mercury achieved this and more. While I was in India Jeremy McGivern provided me with details of suitable properties, honestly describing the pros and cons of each. When I was able to visit London I was taken on a tour of properties that fitted my criteria. I was able to look at these on my own pace as Jeremy escorted me on the viewings so I was not ‘sold to’ by the estate agents. I quickly decided that I required a larger property. Unfortunately I was only in London for five days, but nevertheless Jeremy was able to show me a good selection of homes that fitted my criteria.
When I had decided on a house, Jeremy arranged for a firm of builders (who have carried out extensive work in Belgravia) to visit the property the following day to advise on whether a lift could be installed and give rough estimate on the refurbishing costs. He then recommended a target purchase price providing comparable details, so that I could be sure that I would be making a good acquisition.
He then carried out the negotiations successfully and was extremely diligent in ensuring that the transaction proceeded as smoothly as possible – he recommended an excellent solicitor and surveyor and co-ordinated with my team in India. He even arranged for a security system to be installed ready for completion as we would not be there.
In addition it was a pleasure to work with him as the service was impeccable: from providing chauffeur driven cars, to recommending restaurants and places for my family to visit. Everything we asked for was handled swiftly and efficiently. I look forward to having him represent us again in the future.
Rigorous Selection Process
I can strongly recommend Mercury’s services as a property search agent. Whilst I was living abroad and with infrequent visits to the UK, Mercury helped me find and purchase a flat within a very short time and in a competitive market. I am inexperienced in the London property market and one key advantage was Mercury’s single-minded focus on understanding exactly what type of flat I wanted and in what location.
That having been achieved I knew I could trust them not to bother me with proposals that did not fit my requirement, and I knew also that any flats they did propose were put forward after a rigorous filtering process. Further, Mercury are absolutely to be trusted, and it was a comfort throughout the process to know that they were acting entirely with my interests in mind.
If they had not been representing us it is highly unlikely that we would have bought the beautiful home we now have
If you live in India and are planning to acquire a property in prime central London, we strongly recommend that you ask Mercury Homesearch to represent you. The way property is bought and sold in the UK is very different to India and the process was far more complicated than we had anticipated.
We are based in Mumbai and although we spent a lot of time in London looking for suitable properties, we were not sure what represented good value – each area and even streets in the same area varied hugely in price. Consequently we needed someone to advise us on location, price; to handle the negotiations and then to co-ordinate the complex legal process.
Unfortunately, it was clear that we could not listen to the estate agents as they were acting solely with the seller’s interest in mind. Fortunately a friend in Mumbai recommended Mercury as he had already benefited from the service offered by them, so we knew that we could rely on their advice.
We were delighted to agree a price on a newly refurbished house and assumed that the transaction would be reasonably straightforward as the seller was a property developer. However, he proved to be extremely difficult, making unrealistic demands and was generally very unhelpful. Fortunately, Mercury and the specialist property lawyer they had recommended dealt with the many issues, which saved us time and a great deal of aggravation. In fact if they had not been representing us it is highly unlikely that we would have bought the beautiful home we now have.
In addition, they have gone above and beyond the call of duty – they regularly check on our house while we are in India and have been kind enough to source things for the house. We know we can simply make contact and they will make the necessary arrangements quickly and efficiently.
In our experience, we have learnt to trust them with handling all aspects of purchase. These include selecting the right area, the right property in the area, handling price negotiations, closing the sale, documentation and execution of the transaction. The service rendered is of highest standard and flawless. Honestly it has exceeded our expectations. If you wish to acquire a property in London and make an astute purchase, Mercury Homesearch are the first people you should call upon.
We recommend them whole-heartedly.
Excellent advice, perspective, and contacts
Jeremy was critical to me being able to purchase a flat in London recently, in the neighborhood that I had targeted and within my budget. I simply could not have done this from abroad without his support. Jeremy offered excellent advice, perspective, and contacts, making the whole process as painless as possible. He was always responsive, which is and was much appreciated.
We were extremely happy with Mercury‘s help – and the whole process would have been a lot more exhausting without him. They were scrupulously punctual on all our visits, brilliantly well organized and always followed up on visits.
They provided us with background information… and gave us a very good sense of how realistically priced a property was.
They were also sensitive to our specific needs, tailored the viewings, and handled estate agents and our expectations very well indeed – more importantly they turned out to be fantastic negotiators as well!
Closed on the deal very swiftly
Jeremy was recommended to me by a friend, and without his services I would undoubtedly not have found the property I ended up acquiring.
As my target property was in a highly competitive segment of the property market, Jeremy was very helpful in sifting through all the substandard properties and also more crucially in getting to new properties faster that they were made available to the general public.
Once I had visited a handful of properties with Jeremy so that he precisely understood my requirements, it would almost have been possible to bid on a property purely on his recommendation. Jeremy’s patience and dedication to finding the right property were much appreciated as the search process took far longer than I had initially expected and at no point during the search did I feel any pressure to compromise.
When the right property did eventually appear on the market, I was the first person to visit it and with Jeremy’s help closed on the deal very swiftly. Without Jeremy I would undoubtedly have needed to make big compromises or I would still be searching today!
Get started today
Whether you wish to acquire a property for use as your main residence, an investment or simply as a legacy for your children or grandchildren, you can expect to purchase the finest property within your chosen criteria.