Buy to Let
Buy to let is a phrase that is used to describe the practice of private investors buying residential investment properties, to rent out, aiming to double their money approximately every seven years, locking in profits for their investment portfolios.
This market is now well established with property developers funding their businesses by selling on their
off plan property
to private investors for on average a 15% discount on today's prices. When the properties eventually complete, there is the hope and expectation that the potential valuation may be higher. Private investors generally buy these properties through specialist property companies and investment clubs which generally charge a fee although there are some companies that don't charge and are free for anyone to join them and take advantage of these discounts.
These companies usually offer advice and education, access to FSA regulated
buy to let mortgages
and mortgage advice and discounted furnishings packages as well as a lettings service. Other services would also include
. The idea being that they offer a one stop shop for all your needs. You really must check to see what you do get for your money: remember, everywhere you turn someone's out to make their money and you'll have to pay!
The industry is developing now so that investors generally do not have to visit the sites (there is nothing to see to begin with!) as the flats have yet to be built - they rely on advertising, word of mouth recommendations and the reputation of the property company or club with any testimonials received.
Property investing has made many people wealthy!
Return from Buy to Let to Investment Property Financing