Investors will secure their purchase of an apartment at the prices shown in the table on page 6 by signing a legally binding agreement to purchase and paying a deposit of 5% of the purchase price with the 3.5% fee and 50% of legal fees. Apartments will be allocated to investors on a first come first served basis with an exchange of contracts to occur shortly and completion scheduled for winter 2008. Colman Coyle LLP Solicitors* will act on behalf of the individual investors.
We have negotiated a group discount of £500 plus VAT and outlay for each unit.

*Colman Coyle LLP, Wells House, 80 Upper Street, Islington, London N1 0NU,
United Kingdom. Telephone: 0044 2073 543 000, DX 147080 Islington 5.
www.colmancoyle.com

Summary of Steps to Completion

1. Select and reserve your chosen unit(s)

2. Sign and return a copy of the engagement letter with a certified copy of identification and a recent utility bill.

3. We will instruct Colman Coyle LLP to contact you and act on your behalf.

4. Transfer 5% of purchase price and the 3.5% introducer’s fee with 50% of the legal fee and outlay to Colman Coyle LLP Client account before the 7th of February.

5. The developer’s solicitor will issue the contract to your solicitor (i.e. Colman Coyle LLP).

6. You sign the contract(s). Your solicitor exchanges your signed contract and deposit with the developer’s solicitor.

7. Prior to completion you arrange suitable bank borrowings/monies are available in order to fund the balance of the purchase price and completion costs. We will facilitate the arrangement of such borrowings subject to normal lending criteria.

8. We will introduce you to a letting agent and fit-out supplier.

9. The purchase completes and the property is prepared for letting.

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