Property Sourcing in Guildford

Having run our seminar on Thursday 9th June, I thought I would summarise the main points we spoke about when looking to buy a good buy-to-let investment.
1- Think about your objectives, what is your goal? To get both capital growth and a good yield at the moment can be tricky.
2- The best yields will be 2-3 bed properties.
3- Student properties continue to offer potential yield of 7% if you buy in the right place with the right size bedrooms.
4- Capital growth investments can be either properties with the opportunity to make improvements or buy something the over 60s would like. An ageing population that has equity in their larger homes will be looking to downsize in 15 years time, Bungalows, 2 bed ground floor flats near hospitals, surgeries and mainline stations will grow at a quicker rate than average increases.
5- Speak to an impartial letting agent NOT an estate agent when seeking advise. An estate agent might point you in the direction of a property they are trying to sell not one that is right for you.
6- Use a specialist to manage your property, their fees are tax deductible.
7- Stay up to date with local housing regulations and plans. Speak to a local expert or the housing officer
8- Use a specialist conveyancing solicitor, don't do this on the cheap!
9- Speak to a wealth management expert to make sure you structure the ownership of your investment in the most tax efficient way.