Gascoigne Halman’s second Landlord and Investor Seminar proved that the Buy to Let market is as popular as ever. The event which was held at the Cottons Hotel in Knutsford on 22nd May, saw 100 people in attendance.
The idea behind the event was to arm potential and existing landlords with sound advice about approaching the lettings market and getting the most out of being a landlord. Supported by a panel of local experts from Baker Tilly, Aldermore and Chafes Solicitors, the event attracted both new and existing landlords, as well as those interested in finding out more.
Director of the Gascoigne Halman Lettings division, Philip Chadwick, commented, “I’m delighted that so many people were able to make it to our second seminar. There were extremely positive comments across the board and many of the attendees relished the opportunity to gain some inside knowledge about the Buy to Let market from our panels of experts both during and after the event on a one-to-one basis.
“With many people still unable to get on to the property ladder, rental demand is still very much on the increase and as demand from tenants continues, this has opened up the Buy to Let market to a much more diverse range of investors.”
Gascoigne Halman we will be holding their next Landlord & Investor Seminar in the Autumn and will be releasing details nearer the time.
According to a recent estate agency survey, now is a good time to be a landlord. Conducted by Relocation Agent Network, of which Gascoigne Halman, is a member, not only is it a strong buy to let market, but re-sale values have also increased in the last three years.
Relocation Agent Network, the national network of independent estate agents asked its members whether the re-sale value of a typical two bed investment property has increased or decreased in the last three years. A third indicated the value has increased by up to 10% and another fifth reported a 15% rise.
The national survey also looked at what prospective tenants consider to be the most important factors when looking for rental accommodation. The majority of survey respondents (46%) cited location as the top priority, followed closely by the cost of a property (37%).
Gascoigne Halman’s Lettings Director, Philip Chadwick, said, “This survey brings good news for current landlords and those considering becoming a buy to let investor. Not only is it a strong rental market, you’re also getting capital growth as well as rental yields.
“If you have a property to let, contact us today. We’re Relocation Agent Network’s appointed Local Expert for Cheshire, South Manchester and the High Peak, which means we have access to out of town tenants moving into the area.”
Following on from the success of Gascoigne Halman’s first ever Landlord and Investment Seminar in March, which came about as a result of the rise in the number of new enquiries into the local buy-to-let market, the company will be hosting another next month. The free event will provide potential and existing landlords with sound advice about how best to approach the lettings market and get the most out of being a landlord.
Organiser Philip Chadwick commented, “South Manchester has many desirable locations, so it’s no surprise that the lettings market is strong in the area. We are continuing to see significant interest from individuals who are new to the buy to let market as well as exiting landlords who are looking to expand their portfolio. Add to this the fact that many people are still unable to get on to the property ladder and recent news that interest rates will continue to remain low until the end of 2015, I expect rental demand to steadily increase.
“The Landlord and Investment Seminar is suitable for anyone who is interested in going down the lettings route, whether you have gathered together a portfolio of properties, are capitalising on the booming buy to let market or may have inherited a property, we hope that it will provide landlords with a better understanding about how the lettings market works and tips on how to become a successful landlord.”
The event will be held on Thursday 22nd May at the Cottons Hotel in Knutsford and will run from 6-8pm. Key speakers will include Nigel Davenport from Baker Tilly Tax and Accounting Limited, Steve Hewitt from Aldermore Mortgages, Megan Duncan from Chafes Solicitors LLP and Gascoigne Halman’s Lettings Director, Philip Chadwick. Topics discussed on the evening will include ‘Buy-to-let mortgages’, ‘Tax advice’, ‘The local sales market’ and ‘What makes a good buy-to-let’. There will also be the opportunity to raise any questions with the experts at a Q&A session at the end of the event.
Although the Lettings and Investor Seminar is free to attend, places are limited and are offered on a first-come, first served basis.
To find out further information or to book your place, please contact Christine McDougall on 01625 460 344 or email: firstname.lastname@example.org