Buy to let investment properties
There are several ways to source property which is suitable for buy to let investment:
- Own time and resources
- Local newspapers
- Local agents
- Auctions
- Builders
- Property developers
Some of these are very time consuming with no guarantee of success. If you prefer other professionals to do the initial work on your behalf then the following may be of interest.
There are lots of property companies who will supply properties which are ready for tenanted occupation. Many of these will also provide a fully managed tenant service along with building maintenance.
This means that all you have to do is buy the property and they do the rest.
The property will be fully refurbished (if required) and ready to accept tenants.
Your managing agents will:
- Interview and vet prospective tenants
- Show tenants around the property
- Arrange Assured Shorthold Tenancy (AST) Agreements
- Collect rent and any necessary arrears
- Deal with any property maintenance issues
- Pay you the rent each month
This leaves you more time on your hands to enjoy your growing income without un-necessary property related complications.
We have spent a number of years dealing with such companies and their clients. Our preference is to buy property which is currently owner occupied. This generally means it is in a residential area and you will then be able to sell the property back into the owner occupied market for the best price. Most properties are sourced through our network of property contacts and property agents and are therefore suitable for letting.
If you would like to purchase either new or fully re-furbished
properties which are ideal for buy to let investment then please
contact us for further details. Investors who wish to buy multiple
properties are welcome.
