Buy To Let
Are you buying a property you will be letting out? If the answer is yes, then you need to Talk to Tollers.
Being a landlord is not straight forward as many think? For example, if the property is already let consider;
- Has the current landlord received any written complaints from the tenant about the property?
- Have there been any disputes with the tenant regarding the tenancy, the property or its use?
- The current tenant’s ‘Right to Rent’.
- Are all the correct certifications in place?
Buy to Let
Whether you are purchasing a studio or a house of multiple occupation (HMO), we can assist with all types of Buy to Let purchases. Tollers have experience in guiding you to obtain the required licences and of the deposit protection schemes requirements.
If the Buy to Let purchase is to be funded by a mortgage, we will explain the mortgage conditions and fully report to our clients outlining what is required by them as a landlord in order to satisfy their lender and the current Buy to Let regulations. The requirements can be onerous and having the correct advice at the outset of the transaction is a must.
Tollers strive to provide our clients with all necessary information required, both for established or new landlords so they are compliant before proceeding with any Buy to Let purchases. Tollers have dealt with numerous letting agents and individuals to help assist with the complexities to get the best results for our clients.
Talk to Tollers
Have you considered the above examples? Tollers have! We have specialist conveyancers who have spent years perfecting their skills and knowledge in this area. Buying to Let property will not be the property you reside in but it will be an investment so you need to ensure this is a prudent buy and you are not inheriting a liability. Please do take specialist legal advice before proceeding to buy a Buy to Let property. Talk to Tollers for all your conveyancing needs, get in touch today.
