Buy To Let Property: how does it work?
All of our offices are trained to the highest of standards within the lettings industry. Whether you are considering the possibility of becoming a Buy to Let Landlord or you already have a large portfolio, our offices can provide a lettings service that is right for you.
Each month our Belvoir offices monitor the performance of the rental market in different regions across the UK. Our analysis enables us to maximise the return on your investment so that you receive a good rental income for the duration of your let.
If you are new to Buy-to-let or considering purchasing in a new area, the key is to understand the market; what are the risks and the benefits? Belvoir collates a Rental Index Report which is aimed at helping landlords understand the rental market and how it is currently operating right across the UK, with a breakdown into national, regional and county levels. This will allow you to research the Buy-to-let market easier, enabling you to compare different areas and values.
Belvoir offers landlords a free, no obligation property appraisal. During the appraisal, full details of the landlord’s circumstances and requirements are discussed, and full property particulars are taken in order to provide a realistic market valuation and a recommendation on the lettings potential of the property. At the appraisal, an overview of the residential lettings process, current regulatory requirements and an overview of Belvoir’s services are discussed.
To receive a free, independent appraisal of your property's potential rental income, please contact the team at Belvoir Swansea who are happy to help.
Buy-to-let landlords have more success when they buy a property in an area where people would like to live. Belvoir Swansea can provide information on what special appeal your area has, whether there are good transport links and any local schools.
The advantage of having your rental property near to you is being able to keep an eye on it, but as Belvoir can provide a letting service that is tailored to your needs, you don’t need to worry about this. If you want to look further afield but are worried about being able to manage the property, Belvoir can offer a Full Management Service. This service will give you piece of mind that if there are any problems or issues, we have a good network of plumbers, electricians etc in case something goes wrong.
Contact either our Swansea or Mumbles office today for more information.