Should you have an emergency situation out of normal office hours we would ask that you contact the relevant tradesman directly (please note the tradesmen will use their discretion as to what is classified as an emergency)
Many people when investing don’t like the stock market, and decide to put their money into an asset they understand – Property! The Buy-to-let market is booming again. The amount of money lent to landlords in the three months to the end of June was 29% higher than in the same period last year.
If you want to join the band of buy-to-let landlords, it’s vital to buy the right properties and have them managed by a professional agent!
At Fineholm we have been in the industry for over 40 years and know the best areas and type of property to buy to maximise your rental investment. We have a specialist team who can guide you through the whole process from finding you the right property to buy, offering, getting the property ready for the rental market, type of furnishing and then marketing to secure the right tenant.
Please see below our top tips when looking for a Buy to Let:
1. Remember it is an investment
A traditional property is lovely but when renting out it can be costly, look at modern flats that tend to have lower maintenance costs. Do not get carried away about any purchase as a home. It is a business deal
2. Type of Property
The most popular type of property is a 1 or 2 bedroom flat close to the city centre and Universities. Check out our renting section to do your research on average achievable rents in each area
3. Avoid Run Down Areas
Quite simply, this will attract a poor-quality tenant and will cost you money.
4. Right Mortgage
Make sure you shop around to secure the best mortgage, there are number of products on the market so make sure you use an independent financial advisor who can source the best deal.
Before offering speak to one of our team and we can have a look at the property online and advise you of an achievable rent and if any work would be required.
I can highly recommend Fineholm if anyone is looking to rent their property. When I first approached Fineholm to rent my flat they had it advertised and let within a week, that was over 3 years ago and I havnt had one bit of bother. When maintenance was required on the flat this was done very promptly and at a very reasonable cost. I was delighted with the service they offered and I will most certainly be using Fineholm again in the future.
Katherine Murphy (landlord)
I have to thank you for the time in which I have been here, as you guys have, by far, been the best letting agents I have ever had.
Michael Allan (tenant)
Many thanks for your email. We could not be more delighted with the service that you and your colleagues have provided to us.