How To Buy-To Let?

March 21st 2012
By: Melanie

If you are new to buy-to-let, it really is a good idea to do your research and this is not all just about the housing market.  First you really need to be sure buy-to-let is the investment you want. Do you know the risks, as well as the benefits?  Have you looked to see if your money could perform better elsewhere? Have you got a balance portfolio? Now rates are lower, but investing in buy-to-let means tying up capital in a property even if you achieve a good income is this what you want? Have you thought through your tax situation will buy-to let work for you? If you know someone who has already entered the buy-to-let market, ask them about their experiences. If you are sure this is for you Intercounty will be happy to show you property that might work as part of your portfolio.

Perhaps the best place to start is to decide what might be a promising property for buy-to let.  Promising does not necessarily mean the most expensive or the cheapest. Promising means a place where people would like to live and this can be for a variety of reasons.   The sort of questions Intercounty would help you make in your search would be; Where in your town has a special appeal? If you are in a commuter belt, where has good transport? Where are the good schools for young families? Where do the students want to live?

Still confused? Why not let us do the work for you, just pop into one of our local branches for help and support on your rental investment.