We are here to advise and guide you towards your property investment goals. We have an in-house team ready to help with almost every part of the investment process, from property sales to mortgages and insurance.

 

The first thing we tell every investor we meet is - ‘Don’t rush in, get the basics in place first’. We’ve compiled a list of things you should consider even before you come to us to view our available stock:

 

People invest in property for different reasons. Whether you’re looking to increase your cash flow for a forthcoming life event, generate income into retirement, or a mix of both - understanding your priorities at the outset will make it easier to shape your investment journey.

 

Those with larger amounts of cash to invest may wish to spread risk and utilise the economy of scale. It may be beneficial to divide a lump sum into several parts and invest in multiple properties with the help of mortgage finance. Equally, if you have a smaller budget and your goal is to own multiple properties, you may want to wait and purchase a property that’s going to increase in value quickly, helping you work towards a second property faster. 

 

Are you buying in your name, or through a LTD company (SPV)? Seeking tax advice to ensure you get this decision right at the outset is vital. Things like your current financial situation, investment strategy and personal income will all be a factor in this decision.

 

The average first-time buyer in the UK is now 33 years old, so naturally we see lots of investors who have funds available but are still living with parents. If you are using a mortgage to buy an investment property before your own home it’s wise to speak to a mortgage advisor early in the process, as there are some mortgage limitations to being a first-time buyer, and a first-time landlord, which may limit your choice of property.

 

Depending on the factors highlighted above, you’re going to need to cover the upfront cost of your purchase and associated fees. However, you should also ensure you have available funds to cover 3-6 months of personal expenses. These savings will enable you to continue with your investment with confidence that your purchase will not be derailed by unexpected life events, such as illness, injury, redundancy, or unemployment.

 

Figuring out the best strategy for you can be daunting. We're on hand to make that easier for you. Give our property finance expert, Jack, a call or drop him an email to start exploring your best path forward.