Buy to let
“Most people work for money, but clever people make money work for them.”
That’s exactly what buy to let investors are hoping to achieve. Purchasing a buy to let is still a very popular investment option, even after considering the recent tax changes. It is often misconceived that only older people with plenty of equity invest in buy to lets. Nowadays many young financially sophisticated investors have become landlords, taking the rental market to the next level. Motivations are widespread and range from simple life event changes such as moving in with a partner to seeking complete financial freedom.
Things to consider
Things to consider
The most common mistake is not doing your research before you start looking at properties. There are many things to consider when purchasing a buy to let, for example:
What’s your target tenant? Small families, singles or sharers
New build or older? Many new builds have less maintenance but can be expensive to purchase.
What’s the EPC rating? Future legal changes mean properties will have to achieve a minimum of level C before they can be offered to rent.
Freehold/Leasehold? Leasehold has extra monthly/annual costs but a lot of the maintenance in the communal areas will be taken care of.
We deliver expert advice
We deliver expert advice
Anthony James Letting Agents deliver expert buy to let advice and have helped thousands of landlords over the past 20 years. Take an opportunity to discuss your goals with one of our experienced Buy to Let gurus who will help you design and fulfil both a short and long-term strategy. They will help you maximise your investment while minimising your risk. Of course, every great plan has tax planning and an exit strategy built in. Contact us for a free, no obligation chat about how we can deliver for you.
Check what rental income
a property could achieve
