Buy to Let Advice
Rent appraisals
Before proceeding with a purchase you will want to know what rental a property will achieve. Using our experience and history we can set a guide for a property in that area. Using these figures you will be able to quantify what income your purchase will generate less deductions. It is at this point that you should have an idea of your financial position to proceed. back to top Yield projections
The yield is the percentage return on your sum invested. Obviously you will need to know what rental income a prospective purchase will achieve and what deductions to take into consideration in order to do this. Your yield is dependant on your sum invested i.e. your loan to value (LTV), we can discuss this further when a suitable purchase has been found.back to top Suitability reports
Once a selection of suitable properties has been found we can provide a prospective report. This will contain the following information.
Full refurbishment service available
Before marketing a property for rent it is important that it is in the best possible condition to achieve the maximum return for its location. After completion of the purchase we will prepare a schedule of works and budget then discuss the best options to achieve a tenanted property as soon as possible.back to top Advice on all aspects of decorating and appliance fitting
Once you have made the purchase it is essential that the house be decorated correctly in a manner that is appealing to your tenants but is easy to maintain. Also the style of appliances is equally important as the cheapest appliance manufacturers do not necessarily offer a good spares service. This is important, as tenants do not always care for things as if they were there own. back to top Site visits to your short list of properties
Should you have a short list of potential properties but are unsure as to the condition, potential return or to who the property should be targeted then we are happy to accompany you to any of the properties on your short list and make our own recommendations. The final decision is of course yours. back to top Assistance with purchase negotiations
If you are unsure of what would be a strong fair offer for a property we are happy to advise and put offers forward on your behalf. This is an area where people feel most uncomfortable as they do not wish to offend the owner but at the same time want to pay as little as possible. back to top Mortgage advice
Since the inception of Buy-to-let in 1996 we have built on our experience of this specialist mortgage sector and are able to advise you as to the very latest finance arrangements to suit your criteria. back to top New Build & Off Plan Purchase
Buying newly built property should have the advantage of being in good condition and not need any remedial works. This is often the purchasers ideal objective but is sadly not always the case. Before completing on the property it is essential that a report containing any necessary remedial works is prepared and handed to the developer for them to act upon before completion. This is known as a snag list, for further information please contact us. back to top |
