Investment Search: Buy-to-Let
'Buy to Let' is a term that has become a familiar description for a type of funding for investing in property.
It was originally a marketing badge for a finance package put together by ARLA (the Association of Residential Letting Agents)
The benefits for a Landlord can include a stable income from rental receipts, as well as an accumulation of wealth if house prices go up over time.
Rising house prices in the UK have made buy-to-let a popular way to invest.
Across the UK, the average buy-to-let yield (the difference between the rent the landlord receives and the costs of ownership) are just under 4.5%.
This doesn't take into account the long-term increase in value as mentioned above. We will guide you through the process of buying a property to let.
Locating the right property
We will shortlist suitable properties that will be appealing to tenants, therefore ensuring minimum void periods.
We will provide a guide on expected rental income so that budgets and financial expectations can be planned ahead of the purchase.
We can negotiate the purchase for you; we are experienced in buying and selling properties.
Refurbishment
Once a property has been purchased, it may require some building work to prepare it for the rental market. It may just need a fresh coat of emulsion or a new kitchen or bathroom.
We can provide a team of tradesmen from painters to plumbers who are able to quickly and efficiently carry out whatever is necessary so you can maximise the return on your investment.
Any potential work will be costed and agreed in advance. We would suggest presenting a property in its best possible light, to attract the right sort of tenant.
The service is specific to your requirements, we will assess each property. As a guide, a fee equal to 10% plus Vat of the cost of work is typical.
