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At a time when interest rates are low and look like remaining that way many people are becoming Landlords rather than continue to receive small returns from their capital from banks and building societies. Net income of between 6% and 8% per annum of the purchase price is normal from property bought specifically for letting out with the added bonus of medium to long term capital gain if and when the property is sold. A large proportion of 'new' Landlords are looking at this type of investment as being more attractive than many pension schemes as it provides a monthly income as well as a lump sum profit. Even if the property is purchased with one of the 'buy to let' mortgage schemes that are on offer the rental income usually covers the monthly repayments.
Property prices in the Brighton & Hove area have increased well above the national average. Whilst these types of increases may not continue forever the general shortage of properties in the city will ensure that prices certainly keep up with, if not outperform, the national average. Because Brighton & Hove is densely populated and a high proportion of the properties are period buildings there is very little new building going on to compete with the already existing stock.
Town & Country have, in conjunction with an associated company, acquired and then managed many properties over the last few years for overseas investors who have bought based purely on recommendation and return on investment. For more information on buying properties for investment in Brighton & Hove click here.
Town & Country, therefore, has a vast amount of experience of dealing with absentee Landlords and has a very good track record in achieving the maximum rent available whilst achieving average occupancy rates of 98% plus.





