As you may be well aware, many private Investors have been getting into the residential rentals market, and with the recent price rises over the last 2 years, many have seen dramatic increases in Property Value, as well as sustained Rental incomes, and Low interest rates, making this an ideal Investment opportunity.
Due to this influx of buy-to-let Landlords, property prices have continued to rise, and due to the amount of available rental properties, the rents have had to become more competitive to make sure that the properties are rented to quality tenants, leaving minimal void periods, and maintaining the Investment.
Previously, Landlords where obtaining up to 10% on their rental returns, a very good investment. At the moment, in the London areas, the majority of Landlords are looking at a figure of 6% + as a guide line for the returns, taking into account that many have large equity in their existing portfolio, and the interest rates are still low, so good returns are still possible, but finding the right property is an extremely sensitive issue, and must be dealt with, using great care and knowledge of the market place.
This is where we come in! With over 13 years experience in the South London property market, we are ideally placed to offer our knowledge and advice, and guide you to purchase the correct property for you, to maximise your Investment.
As well as the available properties we have with our Sales Department, we have built up a very good relationship with the local agents, and we will also source properties for you, through other local agents. We take no commission from them to do this, as we rely on your rental business at a later date, and can therefore offer you honest and proven advice, as to which properties we feel you should buy, and those that we would recommend to leave behind!
Of course, once you have offered on a property, we can constantly offer you advice through the whole procedure, including the Negotiations, Mortgage and Finance packages, refurbishment, and then finding the right suitable Tenant for your Investment!