Strong Buy to Lets in Lancashire: Are Lease Options, an Option ?

We were interested to hear about a recent report in the Lancashire Evening Post  which seemed to suggest areas  such as Preston are experiencing a mini boom with Buy-to-let investors apparently purchasing swathes of property to take advantage of the booming rental market, brought on by a large student population, and lower property prices, In fact the report suggests that there is a shortage of properties for Tenants. With such opportunities available to Investors we wonder how many of these investors have considered the prospect of using a lease option rather than at outright purchase. The lease option allows you to gain control of the property often involving laying out only a small option fee and then allowing you to purchase at an agreed price in the future  while letting the property in the meantime. So you have a fantastic opportunity to ride the market without an immediate outlay.

Call us on 0161 772 4500 to discuss options further or e-mail us at info@ms-law.co.uk

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