"My husband and I were looking to purchase a Buy-to-Let property in London. The whole transaction was smooth and we will definitely recommend friends and family to keep coming back to Galliard Homes."
What is a Buy-to-Let Property?
A Buy-to-Let property is an income-producing residential investment.
An investor buys a property either off-plan or immediately available and makes money on their investment by renting out the property in the short term, with the long-term goal of making a profit on the property when they eventually sell it.
Those purchasing Buy-to-Let property usually fall into one of two categories:
- A property investor with a portfolio of properties that is using rent from tenants as their sole income.
- A Buy-to-Let investor that is looking for an added income stream by having properties that they rent out.
Is Buy-to-Let property a good investment?
As an investment, Buy-to-Let has much to offer and can deliver excellent returns, but as with any investment, it comes with risks and challenges, so it is important to do your research.
Advantages of Buy-to-Let
- A regular source of income - Provided you have minimum ‘void periods’ where your property is sat vacant, Buy-to-Let can provide a stable income, all while your property is increasing in value.
- Rents are rising - Rents are rising at their fastest pace in decades due to increased demand. As of September 2022, the average rent in the UK is £1,159, up 9.2% from the same time last year.
- Capital growth – The property market is resilient, and even in adversity, it has historically shown consistent growth. As a medium to long-term investment, Buy-to-Let can deliver significant profits for buyers when they decide to sell.
Disadvantages of Buy-to-Let
- Buy-to-Let Mortgages - You’ll need a specific mortgage for a Buy-to-Let property, with the amount you can borrow differing from a residential mortgage. The fees and interest rates on these mortgages tend to be higher.
- Stamp Duty Surcharge – When purchasing an additional property, you will need to pay an additional 3% on top of the standard Stamp Duty rates.
- Landlord Responsibilities – Many admin and outgoings are associated with being a landlord, including property maintenance and safety, letting and taxes. Using a reliable Letting Agent can help with this.
Choosing a Buy-to-Let Property in London
When choosing a Buy-to-Let property, there are two key location factors to look for to achieve maximum value on your investment. The area that you buy in should:
- Hold good potential for capital growth.
- Contain a strong rental catchment – particularly commuter zones with excellent transport connections, amenities and educational facilities.
Galliard has identified the best locations for return on investment as ‘Regeneration Areas’.
Buy-to-Let with Galliard Homes
Galliard Homes has a proven track record of building in areas with great Buy-to-Let potential. As a result of forward-looking site acquisition policies and judicious identification of areas with outstanding possibilities, investors have shared in Galliard’s good fortune and experienced huge capital growth.
As a Buy-to-Let developer, we offer a range of incentives designed to assist future landlords, including a tenant-approved furniture pack with your property purchase.
Buy-to-Let in Deptford
Buy-to-Let in Deptford is an increasingly attractive opportunity for investors seeking strong rental demand, capital growth, and excellent connectivity to central London. This vibrant riverside district is benefiting from major regeneration, new transport links, and a growing population of young professionals, making Deptford property a smart long-term investment. A standout example is Neptune Wharf, a striking new development of high-quality 1 & 2 bedroom apartments designed to appeal to modern renters. With stylish interiors and close proximity to Canary Wharf, Greenwich, and The City, Neptune Wharf positions landlords to achieve strong yields while benefiting from Deptford’s rising profile as one of South East London’s most promising Buy-to-Let locations.
Explore Neptune Wharf Buy-to-Let opportunities.
Buy-to-Let in Hackney Wick
Buy-to-Let in Hackney Wick continues to attract savvy property investors thanks to the area’s dynamic regeneration, excellent transport links and strong appeal to renters seeking creative East London living close to green spaces like Victoria Park and Queen Elizabeth Olympic Park. A key investment opportunity in this thriving rental market is Wickside, a major new canal-side neighbourhood offering 1, 2 & 3 bedroom apartments with private balconies or terraces, rooftop gardens and contemporary industrial-chic design, all just minutes from Hackney Wick Overground station. These high-quality homes are part of a mixed-use regeneration that blends residential living with creative spaces, shops and landscaped waterways, positioning Wickside as a compelling Buy-to-Let asset in one of East London’s most culturally vibrant and well-connected postcodes.
Start the Process with Galliard Homes
If you want to know more about our available Buy-to-Let properties in London, call us today for more information on 020 8418 3635 or alternatively, fill in the form below and one of our friendly team will be in touch to discuss your requirements in more detail.
Is buying property in London a good investment?
London property has long been considered a safe haven for property investment. As with any investment, Buy-to-Let comes with risks and challenges, so it is important to do your research.
Do I need a Buy-to-Let mortgage?
Buy-to-Let mortgages are the required mortgage solution for property investors and private landlords looking to earn income from renting out a property they have purchased as an investment. Read more information here.
What salary do you need for Buy-to-Let?
The affordability assessment for Buy-to-Let mortgages is calculated on projected rental income as opposed to salary; however, some lenders will require a personal income over a certain level.
Do you pay tax on a Buy-to-Let?
As a Buy-to-Let landlord you will need to pay Rental Income Tax. Read more here.
How much profit should you make on a rental property?
Your rental return should cover your expenses associated with the property plus any outgoings that you need to cover with your investment.
How to Calculate Rental Yield
How to calculate rental yield made simple and why the sums matter.
Buy-to-Let Taxes
As a Buy-to-Let landlord you’ll pay various taxes including Stamp Duty, Rental Income and Capital Gains.
Buy-to-Let Mortgages
Visionary Finance explain everything you need to know about Buy-to-Let mortgages.
