How much time and effort do you want to spend investing in property? 

You can do as much or as little as you prefer. If you want to spend the time finding the right properties, do the visits, find the tradesmen, get the quotes, then put it all together for the analysis to see if it makes a good project, good for you. If you’d prefer to simply purchase a ready to go investment property with all the leg work already done for you before you get the keys, lets talk.

Where do you want to invest? 

Our Clients are based nationwide from London, The Midlands, The Northwest and Scotland as well as those living more local to our area which borders North and East Yorkshire. You really don’t have to live in the next street to invest in our area. We have some great properties in the area which are doing very well and theres huge demand for more rental properties.

How Much Money Do I Need To Invest In Property?

We’d suggest a minimum of £50k. You’ll need enough to cover the 25% deposit, 3% stamp duty, solicitors and mortgage arrangement fees plus our acquisition fee. Refurbishment costs are very much dependent upon the condition of the property. Consider a cheaper house needing more work could very well work out with a total cost in the same ballpark as for a house with a higher purchase price but needing a less work.

Can I Use My Own Solicitor / Mortgage Broker / Builder?

Of course the choice is yours however we do recommend you leave this with us as we are in a position to monitor progress much more closely with our own legal teams. As I am sure you are aware, the slowest part of buying a house, and the point at which many purchases fall apart is in the legal process. 

We have great relationships with our approved team of mortgage brokers and solicitors. We conduct weekly progress checks on your property purchase to be sure that momentum is maintained. We’ve heard all the excuses and with the information and systems available to us now, not many of them hold water.

By using our team, we are in full control. We make every effort to ensure the process runs as smoothly as possible thereby getting you the keys with as little heartache as possible.

Do You Manage The Lettings?

We have a panel of carefully vetted and approved Letting Agents. We check their service levels regularly and only put your investment in the hands of someone we’d use on our own portfolio. When your property is nearing handover, we’ll introduce you to a suitable Letting Agent – its then their job to find you a suitable tenant, ensuring you have everything you need for the tenancy agreement.

How Much Deposit Do I Need For A Buy To Let Mortgage?

Rental properties require a bigger deposit than a residential purchase. A typical deposit is usually 25%. On rare occasions, this can be more depending on your circumstances. Please remember to factor in stamp duty which is charged at 3%.

Should I Buy In My Own Name Or As a Business?

We would always recommend you seek the advice of a competent and experienced accountant. That said, our experience tells us the best and most tax efficient way to own a rental property is to treat it as a business transaction and purchase in the name of a Limited Company. Setting up a Limited Company is very easy and can cost less than £100. 

Interest rates on a commercial Buy To Let mortgage are marginally higher, however as this is then a business asset, all your costs, mortgage, refurbishment, ongoing repairs and rent are all offset in your tax bill. Owning the property in your own name means these costs cannot be included and further more, you will be taxed on the full rental amount with no consideration given to your expenses, ie the mortgage and any running repairs such as a new boiler.

If you’re in the 40% plus tax bracket, you’ll be charged 40% plus on the rental income too if it is in your own name. If you hold your property in a Limited Company you will be charged the standard corporation tax rate. 

If you need to get a new accountant onboard, please get in touch – we have financial partners we would be pleased to put you in touch with.

Due Diligence

You must of course carry out your own due diligence. Due diligence is where you look at the property deal, what you are paying for it and the return it will give you. You check whether you believe it to be the right property and deal for you and check if it meets your criteria. 

We believe all information provided to you to be correct and accurate however the final decision to accept and agree is down to your personal checks and satisfaction. It is ultimately your responsibility to check and satisfy yourself that anything offered to you by us meets with your criteria.

Terms and Conditions

As property values fluctuate periodically, we cannot be held liable for any claim following exchange and completion with respect to your ownership of the property. We thereby reject any and all claims made in relation to the performance of your investment. All figures described on this website and in our marketing materials, social media posts etc are offered for guidance only. We cannot be held liable for issues arising from changes in the property market which result in changes to your predicted investment returns. Likewise, should your investment exceed expectations in terms of financial return, we have no claim on this unless specifically stated in our agreement.

How Much Is Your Fee?

Our fees start at just £1000.00 per property, payable upfront prior to our going out to market to find property which meets your criteria. For a comprehensive run down of the payment plans we have available to you, please go to our payment plans page here

Please remember the process of finding and acquiring a property for you is very time and resource intensive. 

Project Management.

Where a client appoints us to manage a refurbishment, a fee of 1.5% of the purchase price applies. The minimum Fee is £500.  This fee will become payable 10 working days prior to hand over at the end of the refurbishment. The costs for all aspects of the refurbishment, eg materials, labour and surveys are born by the buyer.

What Return Can I Expect?

Our aim is to source a property for you which will give you a minimum of 8%pa return on your investment.

How Much Of My Time Will Be Taken Up?

Generally our task is to provide you with a service where your involvement is minimal. From time to time of course, there will be a few things we need you to do. There will be paperwork to sign, questions to be answered, phone calls to make and take. Payments to be made for the house purchase and the refurbishment. The rest you can leave to us.