Veitch Penny Solicitors

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Buy to Let

Categories: Buying a Property

Looking for an investment?

Buy to Let

Becoming a private Landlord in this way is a fairly complicated process but we can assist you at all stages in the process.

In recent years there have been many new regulations that apply to private Landlords.  In particular:-

  • All properties for residential letting now have to have an Energy Performance Certificate.
  • All deposits now have to be paid into a registered Deposit Protection Scheme.  There are serious penalties for Landlords who try to retain deposits in their own bank accounts.
  • There are complicated new regulations about houses in multiple occupation needing to be specially licensed by the local authority.
  • Any gas appliances need to be checked regularly.

We can guide you through the entire process and assist with vetting your tenants to try to ensure that they are financially sound, preparing the Tenancy Agreement setting out your and their rights and responsibilities as Landlord and Tenant, arrange the preparation of the Energy Performance Certificate, making arrangements for the deposit to be properly secured.

 

Buy-to-let is becoming an increasingly popular investment, not only for property developers and investors, but also for individuals that do not want to keep their savings in the bank.

We understand how important this is for you in order to get your investment generating a return as soon as you can and therefore our aim is to complete on your property as soon as possible.

Our team is not only able to assist you with the property purchase, but we can help you with everything from tenancy agreements and disputes to tenancy deposit protection schemes and tax implications.

The Veitch Penny team will ensure:

  • that you are aware and understand the purchasing process
  • that your solicitor is available to answer any queries you may have
  • you get regular updates by phone, email, SMS or in writing as your case progresses
  • fixed fee costs so you know how much you have to pay, with no hidden surprises

If you would like to discuss the options available to you, call us on 01392 278381 for a FREE consultation. 

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