How to reduce the fees of buying a buy to let
With the new regulations coming into place last year, many have speculated that it is the end of the buy to let era. Over the last 20 years, many people have done very well out of the market, buying and renovating properties for rental and making good returns on their investment. But the new rules and taxes have made it harder for people to make money, slashing these returns. In fact, the government seemed to make it clear that the buy to let market was very much in their sights.
However, there are still several ways that you can make a good buy to let investment that’s profitable in both the short and long term. One of the key ways of doing this is by reducing fees when making the initial purchase. The easiest and most sensible way of doing this is by splitting your purchase with other investors. By doing so you are significantly cutting down the cost of your investment while still getting your foot on the property ladder.
Here at Agile Property Partners, we source, develop and manage lucrative and safe opportunities for our partners. We use our skills and knowledge of the market and property industry to ensure that your needs and budgets are always met. With Norwich being one of the best places in the country to invest in property right now, we could be the ideal partner if you are looking to put your money in property.
We currently have a range of investment properties on the go, making it a great way to keep costs down when you invest. You’ll be sharing the burden and cost of investing, as well as the risk. At a time when the government seems intent on making the buy to let market more difficult, using these kinds of services just became a whole lot more appealing.
If you’d like to find out more about investing in property in Norwich, or would like to learn more about how we could save you money on your fees, then get in touch with a member of our team. We’re always happy to chat and talk through your options. And we like to think you’ll be very excited by the kinds of investment deals we work with. So don’t be put off by the buy to let scare stories, you can still make great investments for the future.
To find out more about the local and national property market, or if you would like to chat about anything to do with property investment, give us a ring on Norwich 01603 567804 or send us a message.
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