Anthea Lettings – Buy To Let Property

Buying and investing in Buy To Let Property

Buying buy to let properties is usually exciting but can be very nerve wracking, especially for a first-time landlord. The thought of investing so much money into a buy to let property is a very scary prospect. In reality, investing in property really isn’t that risky. The property market goes through highs and lows, busts and booms, but that’s the natural cycle.

The key to a successful buy to let investment is buying the right property. There are many variables to consider, and there are lots of attributes that make a property worth investing in, such as crime rates, local schools, transport links, employment rates etc. All these factors, among others, have influence on returns and growth. But essentially, as with all investments, you’re trying to achieve the best (ROI) return on Investment, and with rental properties, that’s usually determined by calculating the rental yield. You should consider the property a medium to long-term investment.

A buy-to-let property investment may be right for you if you:

  • Prefer investments that feel more tangible than stocks and shares
  • Are willing to tie up your money for a long period of time
  • Understand and accept the additional risks that go along with borrowing money to buy a property
  • Understand and accept the costs and time involved in owning and running a property and the impact that this will have on your potential return

To buy a residential property, you can use your own cash or take out a buy-to-let mortgage with a cash deposit. Keep in mind that a mortgage comes with risks – if you need to sell the property for a loss, the sale price may not cover all that you owe on the mortgage. You would need to make up the difference. Also remember, that if your tenants leave and there is no rent coming in, you still need to make your mortgage repayments.  So remember at Anthea Lettings we can guarantee your rent with no void periods, please see the landlords section of our website for details

Once you buy a property, you can potentially earn a profit in two ways:

  • Rental yield – what your tenant(s) pay in rent, minus any maintenance and running costs, like repairs and agents fees.  At Anthea lettings we do not charge any fees, and fulfil most maintenance costs ourselves with our own in house contractors therefore this can be a benefit for your overall income.
  • Capital growth – the profit you earn if you sell your property for more than you paid for it.

Our dedicated letting experts know what it takes to ensure you make a profit on your investment. From working out what levels of rent you can expect, to providing the insight into the local lettings market, our team can guide you towards your ideal investment. Our advice and help doesn’t stop when you buy and let your property, we want to develop a long term relationship and help you build your portfolio in the future. Our team offer advice on building a portfolio and when to invest in your properties to get maximum returns.