Investors

Property investment has historically produced good capital growth. Edinburgh has seen an upsurge in investors fuelled by falling stock markets, low interest rates and the proliferation in Buy to Let mortgages. This has led to an increase in the amount of let property available giving tenants the option of picking and choosing where they live. Making the wrong purchase could lead to possible financial difficulties through void rental income periods. It is therefore important that prospective investors have surplus funds to cover possible void periods or to cover a rise in interest rates. This is particularly important in the early period of investment.

Property investment should be viewed on a long term basis. Like any investment it is subject to fluctuation with interest rate levels, inflation and market conditions influencing property value and yield.

HOW GoLetit CAN HELP

• If you have 15-20% of the property value GoLetit's Property and Financial Services divisions can search for an appropriate property and arrange a Buy to Let mortgage on your behalf from hundreds of lenders and thousands of products. We are brokers for Buildings, Contents, Term and Rental Income Protection insurance and can recommend a panel of reputable surveyors and solicitors. 

• Many clients are concerned about the tax implications of owning investment property. GoLetit can provide expert help and guidance in the areas of income tax, capital gains tax and inheritance tax planning for a nominal fee.
  

• We can bring the property up to standard in order to attract suitable tenants. We engage our own team of qualified tradesmen who can be guaranteed to do a good job at reasonable rates
  

• Letting agents' expenses can eat into your rental income leaving you with a lower than anticipated income yield. GoLetit's  property management charges are the most competitive in Edinburgh resulting in a higher financial return for investors. We offer an initial fee of only 5% for new clients for an all inclusive property management service (tenants vetting/references, inventory, tenancy agreements, deposits/bond, collecting rents, dealing with utilities, maintenance, health & safety/HMO compliance).
  

• Location is undoubtedly the number one factor that impacts on a property's marketability. Professional renters are influenced by proximity of public transport, restaurants, local amenities and possible parking facilities. Students are looking for close proximity to universities. Buying a property in the wrong area will impact on its future capital growth and income yield potential. We offer free advice on where to buy or will search and source a property on your behalf.
  

• Charging too high a rent will deter prospective tenants. We can advise you of the current market conditions.
  

• Higher rents are attainable for furnished or part furnished property. GoLetit can advise on the features that make a property more desirable.