With interest rates and property prices so low there has never been a better time to invest in Buy-To-Let Property!
Buying a property in order to let it out offers the prospect of a decent return today, a security investment or pension for the future as well as capital appreciation over the longer term, if the market stages a recovery.
While average property prices across the UK have been flat in recent years, rents have seen slight increases and the demand for rental property is stronger than ever. As a result, the returns on Buy-To-Let investments have risen.
Depending on the type of property and its location, Buy-To-Let yields are now running at between 5 and 10 per cent, which is much higher than any savings account will currently pay.
The key to making Buy-To-Let work is having a Specialist Letting Agent that not only provides a wealth of experience and advice, but can keep your home occupied with quality tenants and minimize void periods.
When investing in Buy-To-Let properties, many first time landlords are unsure where to start and very often have a host of questions such as:
How much do I need to spend?
Where are the best locations?
What type of property should I buy?
How much rent will I receive?
What if the tenant doesn't pay?
How much deposit will I need?
What type of checks are carried out on tenants?
This is where Winnard & Brown can help!
The Executive Directors at Winnard & Brown have been investing in Buy To Let properties for over 20 years and we have vast experience in sourcing properties and tenants to suit all Landlord needs.
We offer a FREE initial consultation and advice on sourcing the right home for Buy-To-Let and can tailor a package to help with the next step of your investment. Dependant on the extent of assistance you require after the initial consultation there may be a fee payable, however this will be offset when you instruct us on our Full Management package.
FOR MORE INFORMATION Telephone Craig Winnard on 01257 401205.