Buying to let An acquisition and property search service for the Investment Purchaser
Many individuals today look toward residential property as a long-term investment and pension provider. With this uplift in demand there is a need for informed and expert advice. Our Buying to Let service is primarily aimed at the UK and Expatriate Investor along with those Overseas based investors seeking a rental investment within the United Kingdom. We will locate, negotiate and acquire residential property for the purpose of letting, although the service can equally be tailored towards those searching for a specific home in a given location.
Should you be contemplating the purchase of an investment property, be it a single apartment or an addition to an existing portfolio, we are here to help in a very practical way by:
Assuming you wish to appoint us we initially ask for the completion of a simple questionnaire in order to establish a basic working criteria. This provides us with enough information to commence the search for an initial period of four weeks. We will contact reputable sales agents and draw up a short list of property currently available. We shall also provide estimates of gross and net returns that you can expect to achieve and provide practical advice on an~ -improvements that might affect or enhance these returns.
Once a decision to purchase a particular property has been made we will aim to negotiate the best possible terms on your behalf with the vendor or vendor's agents, subject to contract. Following agreement we will communicate the terms of the sale with your solicitor (lawyers) and during the course of the conveyance liaise with them, the lending institution (if any) and surveyor, negotiating additional matters as and when necessary and regularly communicating the progress of the purchase with you. Should you be unfamiliar with the area where your investment is being acquired we shall happily provide information on firms of solicitors, surveyors and indeed lending institutions.
Once contracts have been exchanged we will advise all the relevant utility organisations of the change in ownership and further liaise with you in respect of any furnishing requirements, decorative works or improvements that may be required. In order to achieve the best returns and the best Tenants a degree of expenditure is frequently called for. As specialists we are aware which locations let well and what decorative styles attract different Tenants.
Once the purchase is completed (ordinarily twenty-eight days following exchange of contracts) we will then receive the keys on your behalf with a view to commencing any appropriate works and placing the property in the market to be let.
Our fees are comoetitive and based on price banding rather than a percentaqe of the Durchase price.