There are more people in London renting than buying, and this means that if you’re a buy to let investor, you’re in good luck. As sellers worry that millennials won’t be buying homes because of overpriced estates, unaffordable and unappealing mortgage payments, and low salaries, landlords are happily welcoming hordes of renters into buy to let properties all over the city. The numbers of those who are renting are doubling over the years, proving that now’s the time to get into the buy to let game. While some sellers are banking on creating affordable estate options, there’s no way to prove this hopeful endeavor will be successful. Some even point fingers, saying that today’s estate market is intergenerationally unfair, but while sellers attempt to find a solution to a nonexistent problem, the smart ones are buying to let.
Buying to let can be a smart investment for many individual, especially when you have Morgan Goldsmith on your side. When snagging a smart investment deal, you can see a profit of up to 25 percent on many buy to let properties, even while paying for a mortgage payment and repairs. However, just because a buy to let property sounds like a great investment, doesn’t mean that it’s easy. The entire process can be a huge task, with a lot of steps. If you’re a beginner to the buy to let world, you’ll want a professional on your side, someone who can take your investment to its full potential. One thing’s for sure – even though there are tons of tenants out there, looking for their perfect rental property, it takes a certain touch to ensure that the right ones choose your rental property over another. For this, you’ll want to not only stay on top of the latest renting trends, but also consult a lettings agents who can provide guidance and knowledge regarding the market.
Morgan Goldsmith offers an experienced team of letting agents to come on the scene, hands-on, and not only help with the actual letting of your buy to let property, but also with marketing your property to the right potential tenants, and then vetting tenants to ensure that they’re the best individuals to move into your property. Once the ink is dry on all the tenant paperwork, we’re on the scene still, to take care of any repairs, questions or rental problems your tenant may have, including monthly rent payments.
Are you ready to jump into the buy to let market? Let us show you how!