Some useful information: Trading since 1999. The Buy to Let expert and MD is Terry Lucking .
Buy to Let and portfolio development experts Offices in Cambridge and Peterborough
Managing just over 1000 properties
17 trained and qualified staff
ARLA Licensed with fully audited and bonded client account
Members of Safe Agent, NALS and The Property Ombudsman
Working closely with Anglia Ruskin University, University Centre Peterborough, Cambridge City Council and Peterborough City Council for management standards of residential housing.
Specialists in setting up and management of multi room let properties.
Terry Lucking is chair of local National Landlord Association branch
Terry and his team would be pleased to work with you in the selection, marketing and management of residential property. We offer all clients a free email feedback service on properties they are considering buying. Just email email@example.com hyperlinks of properties you are interested in. Once we have a shortlist Terry and his team will visit up to 3 properties and provide a more detailed report. The initial feedback would include:
Locality, visual appearance, demand for type of property, type of tenants the property would attract, rental valuation and our recommendation to investigate further
Suggested Buy to Let questions and decisions
? Is the property attractive to the eye
? Location - make sure you are not relying on just one or two sources of tenant supply i.e. hospital or college; should a major change occur you may struggle to let
? Buy a property you can let as rooms in the future (insulate you from possible future high interest rates)
? Target tenant market you are happy with - remember just because they are claiming benefits doesn't make them irresponsible - employed can become unemployed the day after the tenancy starts!
? Type of property (new or used) - avoid solid wall houses unless you are good at property maintenance (trying to prevent unnecessary expenses)
? What funds are needed for improvements and presentation - they are always more than you budget! The dwelling needs to be the best in the area if you want to let quickly!
? Cash or mortgaged - do you want immediate income on your investment or capital growth?
? Asset protection and wealth advice - how you exit the investment should be decided before you buy it - tax avoidance is legal and requires planning ahead
? Who will select suitable properties and broker deals - take letting agents advice on suitability not the estate agent - remember the estate agent is paid by the vendor!! To many investment buyers trust the vendors agent!!!
? Have you thought about negotiating with the vendors to allow letting viewing access during the purchase period
? Agree a condition statement that the vendors will leave the property in at completion
? Have the electric and heating tested before instructing lawyers
? Arrange insurance through your agent - the agent has their hands tied if you dont allow them to manage the insurance and the inevitable claims
? Who will check condition of your purchase at completion - vendors are always in a rush to disappear and you can guarantee there will be a few nasty surprises
We offer 2 categories of service - managed and self managed. Call for more information about the serv ice we offer: 01223 352225
We offer a price match solution, if you find like for like service at a lower price elsewhere we will match it. We will also give you the first three months management fee's free, if we don't let your property within 30 days*
As landlord's ourselves we understand the importance of communication, we have learnt and adapted our company's procedures and ethics to ensure you are given the best support and advice throughout the management of your property.
Belvoir Cambridge has bespoke buildings & contents insurance for your property to cover everything from a water leak to fire to cannabis factories! Our loss of rent and legal expense insurance covers the rent should the tenant fail to pay due to a change in circumstances; the legal fees in evicting the tenant are covered too!
For your protection, we are members of the following regulatory bodies to make Belvoir Lettings Cambridge a fully regulated letting agency.
We are an ARLA licensed office. The Association of Residential Lettings Agents (ARLA) leads the industry in setting and regulating the highest standards in the industry and demands certain levels of professionalism and commitment to customer service from its membership.
Our client account (where the landlords and tenants money is held) is audited in accordance with ARLA Regulations by independent auditors and is bonded by insurance for yours and your tenant's protection.
We are SAFEagent registered, SAFE is a new campaign set up to make it easy for landlords and tenants to know they are dealing with a professional agency with client money protection and standard which have met a strict criteria.
We are a NALS Member. The National Approved Letting Scheme is a Government funded scheme for accreditation and registration of professional lettings agents.
We are also a member of The Property Ombudsman Scheme. The Property Ombudsman for Lettings can resolve disputes referred by landlords or tenants that relates to lettings and management agents that are members of the Scheme. These agents follow the Code of Practice for Letting Agents.
Belvoir Cambridge are very approachable and have an honest approach to operating the business. Our aim is to deliver excellent customer service to all clients.
If you are or are considering becoming a landlord and want to discuss our services in more detail please call us on 01223 352225, email Cambridge@belvoirlettings.com
* 30 days to start from the date the property is available