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Castle Estates Letting Agents

Buying Property for Letting

It may be that you don't currently have an investment property, but are thinking of buying one to let.

Whilst you would have had a particular set of criteria when you were buying the property you occupy, a different set of criteria has to be used for investment property. Not least of these is that you may not actually like the property; its decor; or even its location, i.e. you would not choose it to live in.

But none of this matters if it meets certain criteria:

• It is sited in a 'letting' area
• It has letting potential
• After all necessary costs have been met it gives a good rate of return
• You establish whether you want an income from the rent, capital return, or both.

It may also be that you live in an expensive area and cannot buy anything to your satisfaction there, but would perhaps be willing to buy an investment property in a different area.

Since Castle Estates has nationwide coverage we are ideally placed to help with this. As we also have connections with financial institutions offering specialist Buy to Let mortgages, our offices are able to assist you with the purchase of your Buy to Let property.

So we can advise on the type of property to buy, and more especially, on the type of property not to buy.

Finally, if you have children about to go to University, perhaps that is what is prompting you to consider Buy to Let. Instead of spending money on supporting their rent, why not test the Buy to Let water through purchasing a property in their name and guaranteeing the repayments thereby also minimising Capital Gains Tax.

Extra Service

Schemes such as Buy to Let, and especially a purchase in the name of a child, need specialist professional help. Why not let us help you by finding Accountants or Solicitors through extensive national network of local professional contacts. That way we can ensure you get the best from your property portfolio and of course, we can help you with any or all aspects of the actual letting.

A summary of our Services:

• Advice on letting your Property
• Advice & assistance with Property Regulations
• Marketing, Advertising and Showing your Property
• Arranging an Inventory & Schedule of Condition
• Thorough Tenant Referencing via specialist agency
• Preparation of all Tenancy Agreements & Notices
• Checks at the beginning & end of each Tenancy
• Notifying utilities of change of occupancy and meter readings
• Collection of Rent and pursuing any arrears
• Prompt payment of net rental income into your bank account
• Detailed monthly statements to yourself and your accountant
• Regular Property Inspections with written reports
• Arrangement of Maintenance and Repairs
• Advice on Insurances and handling any claims
• Arrangement of gardening and cleaning services

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Let Your Property With Castle Estates - Glasgow

The level of service provided and relative legislation applicable may be subject to local and regional variations from that stated in the general brochure. Please contact us for full details and variations

As part of the Housing Scotland Act 2006 legislation has been introduced providing new rights for Private Sector Tenants through the Private Rented Housing Panel please click on following button for further details and information.

It is now a legal requirement to Register with your local authority as a Landlord and to avoid the neccessity of Castle Estates deducting tax from the rent received all Overseas Landlords must apply for a tax exemption certificate.

To assist you through the Overseas Tax and Landlord Registration process please follow the following Links which will allow you to either download or complete on line the necessary application forms. If you require any further assistance please contact us direct.

Click Link for Overseas Tax Information

Our Overseas Tax Number is:       NA032567