The Residential Landlords Association (RLA) reports that buy-to-let Property Investing requires extensive planning and attention in order to progress.

 One tip which the (RLA) suggests that new Investors should take onboard  is to check the interior parts of the property as this can help investors maximise their lettings and increase their income. The RLA believes that Buy-to-let Investors can increase profits by checking the facilities in place prior to the purchase of any property. The RLA even suggest that Investors should focus more than they do on the enhancement of the property’s interior as those with attractive and well functioning fittings and decor are more likely to attract lessees.

The RLA, and we ourselves, would also recommend that new Investors undertake  thorough research and planning before buying a property – for example make sure you understand the area, the finance, whether you are paying a fair price, likely rental values, sale turnover, associated costs and rental up take.  Buy-to-let Investors also need to understand the demands and needs of their clients before pursuing any renovation or purchasing. Investors also need to be aware of their target customers and their expectations if they want to be successful.

If you are new to investing and having done your research and want to talk about  how we can assist you with purchasing, options or setting up tenancies please give us a call as we advise investors on a daily basis  and will happily use our experience to assist you !!