Buy to Let

How to Buy-to-Let

We would like to invite you to talk with one of our property managers to discuss the current market and the most suitable property for you to buy to let.

Once a suitable property has been found we will confirm whether or not it has letting potential, the likely rent achievable, and if any re-decoration or works would be required to attract a good tenants and to reduce the risk of lengthy void (empty) periods.

What happens after Buying to Let

We would anticipate marketing the property from exchange with a view to having a tenant ready to move at completion.  We will endevour to introduce and vet prospective tenants; prepare the tenancy agreements; advise on and arrange inventory and condition reports and , depending on the level of service chosen, notify the utility companies and Council Tax; collect the rent and pay the balances to the landlord's account; regularly inspect the property, recommending, overseeing and accounting for necessary maintenance, repair and re-decoration.

Can a Buy-to-Let investment be protected?

Insurance cover is now available for rental protection, in the event of a defaulting tenant, and for legal expenses in addition to the normal building and contents insurance.

What other costs should be taken into account?

Letting agent's commission and management fees, Insurance (Building/Contents/Rental and Legal Expenses Cover), the costs of keeping the property in a marketable condition, service charges and ground rents - if a leasehold. (The tenant is responsible for such items as utility accounts, Council Tax and TV licence fee etc.)