It's a well known saying that 'you learn from your mistakes', but by sharing our wealth of experience; there's no need to make any in the first case. At The Money Centre we believe in anticipating the pitfalls; which is why we have published Buy to Let: The Essential Guide.
The guide contains 32 pages packed with information gained from 15 years at the top of our field and provides a comprehensive introduction to the world of buy to let investment. We will walk you through every stage of the process; from choosing the right property in the right location to finding reliable tenants.
The essential guide looks at why the property market is considered a safe place to invest, analysing the current situation of the rental market and the causes of rising demand. As well as offering an overview of the investment process with monetary examples, it also focuses on the importance of thorough financial planning and explains the best ways to make sure your returns are sufficient to cover your costs while at the same time gaining a surplus yield.
The buy to let guide also highlights the risks of property investment and emphasises the importance of having a surplus sum of money set aside to deal with repair, refurbishment and periods when rent is not coming in. The 'applying for a mortgage' section explains how The Money Centre can significantly simplify this stage of the buy to let process by doing the paperwork for you and helping you proceed to exchange of contracts as painlessly as possible.
Once the legal processes are out of the way, the buy to let guide offers a whole section of pointers on how to prepare your property for letting and make it appealing to prospective tenants. It provides guidance on whether you should let the property furnished or unfurnished and whether it is advisable to appoint a property manager or manage the property yourself.
You'll also find details on how The Money Centre's consultants can help, many of whom are active property investors. In addition to developing a financial strategy that maximises your revenue and minimises risk we will also help with the paperwork and chase-up any third parties (such as solicitors and accountants). Remember we want the mortgage to complete as much as you.
Even if you have a portfolio of properties; there's still plenty to learn form the guide. We have a section weighing up the pros and cons of selling vs. refinancing, and another on speculation and risk management.
For a FREE copy complete the online request form here.
