As well as managing a large portfolio of rental properties, we also sell investment properties, particularly HMO properties. Whether you’re an experienced investor who is interested in the rental returns of a specific area, or someone who is new to the market, we’d be delighted to assist you with your search.
When buying an investment property, there are a few things to be mindful of over and above buying your own home.
We would suggest that you speak to an experienced accountant about the pro’s and con’s of both of these, they should be able to understand your financial situation, long-term plan and needs and give you some guidance.
If you’re buying with a mortgage it’s important to speak to an experienced mortgage broker who understands the buy to let market, particularly if you’re buying an HMO. Sometimes the rates can vary depending on whether it’s in a personal name or a limited company.
It’s important to use an experienced solicitor with experience in the investment market. There are a number of things that the solicitor will be able to advise you on, such as a planning classes and checking that the tenancy agreement, paperwork and compliance certificates are all in hand.
You may wish to upgrade your standard mortgage valuation, or instruct an independent surveyor to assess the condition of the property. You may find this useful particularly if the property has been modified. You should seek advice from a professional before making your decision.
REFERALS:
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £250 from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.
