Whether you are looking for your first investment property or are looking to add to your portfolio, PPL can help. PPL can source, appraise, acquire and manage your investment property, providing you with a straightforward, end-to-end, seamless service. Whether you are looking for an off-market, below market value deal or have a very focused criteria of what your investment property will be, we can help.
Step 1 – Understanding your Goals
PPL will arrange an initial face to face meeting or phone call to discuss what you would like to achieve from your investment. We can then provide advice on the best location and type of property to meet your needs.
Step 2 – Sourcing
Once we know what you are looking to achieve, we can search the market for the best on and off market investment opportunities. We will forward you details of any properties that match your requirements and will happily view any properties you feel best suit your requirements.
Following viewing, we will send you a detailed schedule of the property, a summary of the works that would be required for letting and a guide to the costs and timescales involved
Step 3 – Mortgage Advice
In order to start the purchase process, it is important to work out how you will be able to fund the purchase.
Many investors set up limited companies to purchase property or buy the property in their own name or a partnership. The way in which you purchase a property can affect how your income and capital gains are taxed.
PPL can provide information on the different ways in which you can purchase a property but only a mortgage broker will be able to assist with finding you the best deal and an accountant with the guidance on the best way forward when it comes to tax.
We work with a number of accountants and mortgage brokers and are happy to provide you with recommendations.
Step 4 – Purchase
It is important to instruct a local solicitor who is an expert in the area and can advise on the best way to secure a property. The Edinburgh property market is fast-paced and properties with good buy to let potential are snapped up quickly.
PPL will work closely with you and your solicitor throughout the negotiation and purchase process
Step 5 – Project Management
Once the sale has completed, we will work with our team of contractors to project manage any renovation works required to ensure the property is ready to go on the rental market as quickly as possible
Step 6 – Letting and Property Management
Once the property is ready to market, our lettings team will work tirelessly to find the best tenant possible. Once let, the property is handed over to one of our property managers who will be your first point of contact going forward.
Buy To Let
If you are looking to invest in a property or would like more information on the services we offer, please telephone PPL on 0131 337 7539 to speak with a member of the property investment team.