One of the most interesting things to come about from the topsy turvey world of low mortgage rates versus low housing stock, is to see some of the very comfortably proportioned 4 and 5 bedroomed houses being considered ‘not large enough – must be improved’ by new owners as they change hands quietly in the background. At one time a couple would rent a couple of rooms, then be able to move up to a rented flat, in order to try and save the deposit for the major next step of buying their first house. Now younger investors are buying two or three ‘buy to let’ and hey presto, the portfolio becomes a reality.
Using a professional development and property maintenance company will bring major benefits of expertise in all things property. They know how to manage the properties, keeping them in good, rentable condition thus maximising income or the owner, and stability and safety for the tenants.