New buy-to-let property portal gets set to launch

A new property portal focusing entirely on the buy-to-let market is set to launch next week – ahead of the pension reforms which could see a new wave of landlords.

The site will enable investors to search for rental properties and compare annual rental yields, and will also categorise properties into those with tenants (“instants”), vacants (“potentials”) and HMOs.

A spokesperson said the site will not allow private listings, only those from agents and developers.

Its founder is Martin Wilkinson, who estimates that the buy-to-let sector is growing at a rate of £50bn per year and who says that the property investment market should be on a par with other forms of investment, such as shares.

He said: “We know that investors are driven by two things – appetite for risk, and annual yield, or return.

“We have made both of these key features of our portal, to make it easier for buy-to-let investors to see exactly what they are getting.

“Working with estate agents, developers and corporate landlords, we source and list only genuine buy-to-let investment properties, providing estate agents with a direct marketing outlet, and investors with a dedicated source of opportunities and analysis of the market.

“In the property investment sector, there is a lot of talk about capital growth, but for those investing in a property to let, we believe that rental yield is really the only calculation you should be looking at.

“Capital growth should be seen as a bonus, and in any case, can only be accessed by selling or refinancing.”

He added: “The resources for investors to find their next property are somewhat limited, and it can be a very time-consuming task to compare different properties in different parts or the country and from different agents.

“We developed Buy2Let.com to revolutionise both the way investors find and compare opportunities, and the way estate agents, developers and corporate landlords market their buy-to-let properties.

“With more favourable rates and relaxed lending criteria from mortgage providers, and strong demand for rental properties, buy-to-let is riding the crest of wave right now. There has been dramatic growth in the last few years, and we predict that in 2015 the growth will accelerate further still.

“Whatever the outcome of the General Election, or what over 55’s choose to do with their pension funds, there is no reason the buy-to-let market can’t continue to generate good returns for investors.

“Our entrance into the market will cement this, allowing property investors to access the information they need to make smart investment decisions.”

The site is here

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One Comment

  1. MF

    Well I think it’s a very nice website and a very good idea.

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