YOU AS A BUY-TO-LET LANDLORD
At Bridges we get to know you as a landlord so that we can help you to achieve your goals. You should never feel you need to conform to what someone else feels is a model of a buy-to-let landlord. Some landlords run their portfolio as a full time job, others will own a property, go to work and use us as a managing agent ensuring their tenants are looked after – a happy tenant means a happy landlord!
FUNDING YOUR INVESTMENT
Getting a buy-to-let mortgage isn’t always easy, but our associations with some of the best buy-to-let mortgage brokers will certainly help! Different lenders will offer different terms, in general you should expect to meet the following requirements:
• The rent you’re going to charge on the property should be at least 125% of the mortgage repayment.
• The most you will be able to borrow will be 60% - 75% of the property value, meaning you would require a deposit of at least 25%.
Book an appointment with one of our buy-to-let mortgage brokers who will talk you through a range of scenarios and options.
WHAT IS IN IT FOR YOU?
Our bespoke investment service is designed to guide you through the process of finding a suitable property. This includes our help looking for a property, advising you on any pros and cons and making sure the figures work for you in terms of your likely returns, which we are also in a great position to maximise for you.
• The first consideration is what you’re looking to get out of your investment.
• A high rental yield?
• A house that will provide a high level of capital growth?
In most cases, properties with potential for high capital growth are in a desirable location. In turn, this can push up the price of the property.
Higher yields can come from ‘higher risk’ investment properties such as shared accommodation, which is a specialist area that will need consideration. The good news is that in our area, clients generally benefit from great yields and capital growth, whilst leaving us to minimise the risk.
WHY INVEST IN SURREY AND HAMPSHIRE?
One of the main attractions for investing in buy-to-let in Surrey and Hampshire is its proximity to London, without paying London prices. All the areas Bridges cover fall within an hour commute to London offering investors attractive buy-to-let returns.
Due to the easy commute and with more businesses locating outside the city the demand for property has never been higher.
WHAT DOES THIS MEAN FOR INVESTORS?
Professionals and families are flocking to our area due to increased job opportunities, the lifestyle and, of course, the easy commute.
Property prices in our areas have seen growth and achieve excellent rental yields, a trend that should continue over the coming years with an increase of people moving out of the city as a result of the effects of Covid-19.
LEARN ABOUT THE AREAS HAMPSHIRE
ALDERSHOT BASINGSTOKE FARNBOROUGH FLEET HOOK
Located between the popular towns of Farnham, Fleet and Farnborough, Aldershot has transformed over the years to the modern day bustling town it is now, surrounding a vibrant High Street.
Aldershot has fantastic road links onto the M3, M25 and A3 towards Guildford. There are frequent train links to Waterloo, the Ascot line and to Guildford. There are also local bus services to nearby towns.
Basingstoke and the surrounding villages have around 150,000 residents and is a great location for commuters, families and professionals as the town houses great local schools, businesses and has a convenient trainline to London, as well as easy access to the coast.
Positioned in Hampshire’s north eastern corner Farnborough offers a balance of both access to urban amenities and green space. London escapees get far more property for the pound with only a short commute back into the hustle and bustle in under 45 minutes from Farnborough Main to London Waterloo. Further transport links include easy access to the M3 and a second train station.
The town of Fleet lies within the Hart district and has been voted one of the most popular places to live. With its many open spaces it’s easy to see why! Fleet has fantastic rail links providing access to Basingstoke, Southampton and London. It is also perfectly situated to access the M3, A331, M25 and M4. Fleet’s bus service provides regular connections to neighbouring towns and villages.
Hook is a large village situated close to the A30 just to the north of the M3 and is about 6 miles from Basingstoke. The Village is bounded on the east side by the picturesque valley of the River Whitewater. London Waterloo is reachable in less than an hour, Southampton Airport is 35 miles to the south and London Heathrow is 33 miles to the north east.
LEARN ABOUT THE AREAS SURREY & BERKSHIRE
ASH VALE CAMBERLEY FARNHAM FRIMLEY BRACKNELL
Ash Vale is a village in the borough of Guildford, but is closer to the Hampshire towns of Aldershot and Farnborough, the centres of which are each about 2 miles away. Ash Vale is on a direct link to London Waterloo by rail and is close to the A331 Blackwater Valley Relief Road offering access to the M3 and A31 to Farnham.
Camberley has grown to be a dynamic, vibrant place to live, offering extremely modern facilities whilst still being a welcoming town. Camberley is ideally placed for commuters, sitting adjacent to the M3 and into London, A30 towards Ascot and Sunningdale, A331 towards Guildford and A332 towards Reading, Ascot and Windsor. There are direct trains to London Waterloo.
Farnham boasts a number of popular walking spots including Farnham Park, Frensham Ponds and Alice Holt Forest. The fantastic road and rail networks made Farnham an early example of a commuter town, allowing life in the countryside while remaining accessible to London. London Waterloo is reachable in under an hour and provides access to the M3, M25 and A325. Farnham remains a popular choice with commuters and families.
Frimley is an affluent town in Surrey, 31 miles south west of central London, between the M3 and M4 motorways. Transport links around Frimley and Camberley offer the A331 Blackwater Valley Relief Road between the M3 at junction 4 and the A31 close to Farnham. Frimley also has a mainline railway station.
Bracknell Forest, a vibrant and diverse area in Berkshire that encompasses Bracknell, Sandhurst, Crowthorne, and Yateley. With its excellent commuter links, fantastic amenities, and diverse housing options, Bracknell Forest is an ideal place to call home.
HAVE YOU CONSIDERED A NEW HOME AS YOUR INVESTMENT PROPERTY?
With the help of our New Homes department we can find you the right brand new buyto-let investment. Not only are they stylish, environmentally friendly and cheaper to run attracting tenants, but they also provide extensive warranties and guarantees, minimal or no maintenance whilst offering you peace of mind.
Buying a new home means a chain free purchase so your property can be tenanted and in turn help you to earn sooner.
New Homes can provide you with the potential for strong rental yields and long term capital growth.
HELPING YOU GET IT RIGHT
STEP ONE
FIND THE RIGHT PROPERTY FOR YOU
By working with our property experts they will assist you in finding the right investment, using their time and knowledge to find a property that will maximise your return and that will appeal to the right tenant.
STEP TWO STARTING THE PROCESS
Once you are comfortable with the purchase of your buy-to-let investment and what it involves you can find out how much we could rent your property for with a free rental valuation. Our Client Managers have fantastic local market knowledge to give you an accurate property appraisal helping you understand what we can do to help you to achieve the best price and, more importantly, finding the right tenant.
STEP THREE SERVICE LEVELS THAT ARE RIGHT FOR YOU
Discuss and decide on the right lettings service for you and how to identify your target tenant. From Tenant Find to Fully Managing your property, whatever suits your needs.
STEP FOUR
MARKETING YOUR PROPERTY
We’ll help get your property market-ready, make sure it meets the legal requirements and is fully complaint. We will also work with you on a marketing plan producing professional photography, video tour, floorplan and a well written description of your property. It’s ready to go live!
STEP FIVE TENANTS THAT ARE RIGHT FOR YOU
Having the right tenants in your investment property and making sure that the needs of your tenants are always met by your managing agents will save you both time and money and ensure that your investment will always be working for you. To find out how Bridges can make all of this happen for you, take a look at our Landlord Guide.
STEP SIX AGREEING A RENTAL OFFER
Viewings will be conducted by our experienced staff and when tenant applications come in, we’ll carry out reference checks to make sure the right tenants for your property are vetted and qualified. Value is not just in pounds but the quality of your tenant!
STEP SEVEN CHECK IN
Once you have agreed a let, the deposit will be collected and registered and the tenancy agreement signed. Time to sit back, we’ll get your tenant checked in and hand over the keys.
STEP EIGHT LEAVE IT TO US
We have a dedicated local and personal team of Property Managers that can take care of everything from maintenance, repairs and compliance. Or you have our Rent Collection and Tenant Find Only services to choose from.
Which ever service suits you best, we will always be happy to help and offer our expert advice.
