Buy to Let (BTL) properties deliver a monthly return on investment whilst your property continues to appreciate in value year on year (Capital Appreciation).
As such the correct choice of property, once on the market, will provide you with an immediate, and monthly, source of income that recoups your initial outlay, offsets any monthly expenses and returns a healthy excess return on your investment.
Typically, the purchase of any property by an overseas investor is required in cash. However, Ellis Church recommends – and will provide advice – on refinancing your property by way of a mortgage.
Securing a mortgage will substantially increase your monthly return on investment and enable you to release your capital to, for example, re-invest in another property.
You may, of course, sell your property at any time; either as an ongoing HMO enterprise or conversion to a private house.
Ellis Church will keep you regularly appraised on your property’s rental performance and sales potential; offering advice on the local and national market and, if required, managing the leasing and/or sale of your development.