Buy-to-LetHow Can We Help?

Linley & Simpson have specialised in lettings for over two decades, we have dedicated teams to manage all aspects of the property once you are ready to let, but where you should really take advantage of our expertise is in the buying process. We can give you insights into the market and provide you with all the information you could need.

Here are just a few ways we can help:

1. Property Appraisal

At the earliest stage of your Buy to Let investment make sure you contact your local branch to carry out an appraisal on the property you are looking to buy. It is always best to get an independent appraisal on the property and not just advice from the agent that is selling the property. There are several reasons for this:

a. Over Valuation - the agent selling the property may just tell you what you want to hear to agree the sale - don't forget that the agent only gets a commission when a sale is completed.

As a dedicated Letting Agent who has moved into sales our specialist lettings experience means we know what a realistic rental price will be, we wont just 'quote you happy' to get the business - A property won't let if it is overpriced, costing you money in void periods.

b. Demand in the area - again we will be able to advise on whether there is demand for the type of property in question. As the largest independent Letting Agent in Yorkshire our database of active applicants is always growing, resulting in us being able to give you a realistic indication into the demand for your property.

c. Work to be carried out - we will be able to advise on any work that will be needed to adhere to legal requirements and also any work that will be needed to achieve the best possible rent. You may not need to carry out as much work as you think.

2. Access to over 10000 potential tenants.

Our database of active tenants means that as soon as you choose us to market your property we will email all applicants who are looking for a property similar to yours.

3. Reduce void periods

Most agents will ask for tenants to give 1 months notice when they are looking to end the tenancy, as a company we ask for 2 months notice. This allows us to market your property for an extra month, reducing the risk of your property standing empty.

We also have a dedicated renewals department who actively work towards renewing tenancies, again reducing the risk of void periods.

4. We're a qualified ARLA agent.

The Association of Residential Letting Agents is the leading professional body which sets standards for and regulates reputable agents. Members are required to work within a robust Code of Practice, which includes handling clients' money, having professional indemnity insurance in place and dealing appropriately with complaints.

So what's next?

1. Talk to us first - we're here to guide you. Use our experience to make the best possible choices.

2. Take a look at some of the stock we currently offer - your ideal property could be sat there waiting, maybe even with a tenant already in place!

Current buy to let properties

 

I'm actively looking to make an immediate purchase

I would like to receive regular BTL property updates but may not make an immediate purchase

Disclaimer: Investments can go down as well as up. Linley and Simpson cannot guarantee any investment in respect of rental income, yield or capital growth. There is no guarantee that it will be possible to arrange continuous letting of the property, nor that the rental income will be sufficient to meet the cost of the mortgage. Any information is intended solely to provide guidance and is not financial advice. Linley and Simpson will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Linley and Simpson recommends you obtain independent financial advice.


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Association of Residential Letting Agents
On the Market January 2015
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