Buy to let
Property Search
Why Let
There are many circumstances which lead to one’s decision to let their property, whether it be to provide of retirement, relocate or to move abroad.
Letting your property offers an increasingly secure form of investment with annual yields easily exceeding other kinds of investment. This provides a consistent income which is tied to the general cost of living.
The demand for rental properties is increasing due to younger people renting for longer and a general shortage of property.
Buy to let properties are popular with mortgage providers, as they are more relaxed about lending to this
type of purchase. The value of your property is likely to rise over time, as well as provide a consistent income.
If you’re living abroad, there are certain legal formalities that need to be addressed in relation to the non-resident-landlord-scheme (NRLS).
Our team will guide you through the most suitable “Buy to Let” options, connecting you with reliable mortgage brokers and conveyancing com
Building a Portfolio
We can also help you build your portfolio, sharing new local investment opportunities and detailed market reports which show areas anticipating the most growth.
When building your portfolio, there would be further exposure to the market and therefore we will guide you fully on achievable rents and cashflow forecasting to ensure that investments made are fully secure.
Frequently Asked Questions
Our members are full trained to understand thoroughly all requirements and are equipped with the best systems to oversee compliance. We also ensure that all tenants are referenced comprehensively and offer a rent and legal service guarantee which will give you peace of mind and financial security.
One of the key benefits is that we make daily payments to Landlords through the use of market leading and bespoke software to manage rents promptly. Once reconciled through our system, rents are paid by BACS directly into your chosen bank account. We also generate monthly rental statements which are sent by email.
There are certain tenancies which fall outside the housing act, however in the vast majority of cases, the type of agreement used is an assured short-hold tenancy agreement, also referred to as an “AST”. This gives the tenant a minimum fixed term tenancy of 6 months.
As part of our fully managed service, we provide rent guarantee and legal cover. As we will ensure that every tenant is thoroughly vetted before a tenancy can be accepted, it is unlikely you should experience a problem like this, however in cases of rent default and the need to evict a tenant who is in breach of their tenancy terms, we will proactively work on your behalf to ensure the most appropriate action is taken.
As a Landlord, you have a legal obligation under the Landlord and Tenant Act to maintain the structure of the building, sanitation and upkeep of items provided as part of the tenancy.
There is very little difference in rental value between a furnished or unfurnished property and its location. It is based on one’s preference. A bedsit in a shared property targeting young professionals, it would usually be expected that the property is furnished, whereas a property at the higher end of the market would normally be expected to be unfurnished. It will also depend on your own individual circumstances as well and what’s also important to consider is that white goods are usually supplied whether a property is let unfurnished or furnished.
The upkeep of gardens, is written in the tenancy agreement and is the tenant’s responsibility, however it’s recommended that necessary equipment is supplied to ensure that the tenant adheres to this. Should you have large gardens or plants that require special attention, we can arrange a gardener at low cost.
An adjudication process is offered by the bond scheme to settle any potential dispute over proposed de-ductions at the end of the tenancy. This is why we have invested heavily into the quality of our inventory reports, as the outcome of any adjudication will depend on the evidence supplied. As your agents, we will do our utmost to ensure you are best protected.
Under an Assured Shorthold Tenancy agreement, the Landlord has mandatory rights to serve a minimum of two months’ notice to reclaim possession of their property at the end of the fixed term contract. At the end of the notice period, the tenants will have been expected to vacate your property.
The “Right to Rent” scheme was rolled out across England in February 2016. Its purpose is to make sure that tenants have a legal right to live here before granting a tenancy. We have been carrying out these checks for many years anyway but now failure to obtain a sufficient proof of residence will result in a fine.
All Landlords could be liable to pay tax on their rental income, whether they live in the UK or abroad. Fur-ther information can be found on the Inland Revenues website.
As part of our fully managed service, we register the bond in our chosen scheme, though you have the option to choose a different deposit scheme should you wish to manage the tenancy. We can guide you on which one is most suited to your needs.
You are required to give the tenant appropriate notice before entering the property.
It’s stated in the tenancy agreement that the tenant is responsible for paying council tax and utility bills. It is also the tenant’s responsibility to pay the TV license, unless the Landlord has supplied a TV as part of the tenancy.
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Read what our customers are saying
Elite by name and elite by customer service
Elite by name and elite by customer service.
I have been an Estate agent for 20 years and dealing with this company for rentals has honestly changed my thought process on letting agents!!
Probably the 2 hardest working people I have dealt with!! Ladies take a bow you are simply magnificent!!
★★★★★ Orthodox Stance
Thank you both for everything, you are the best out there!
We met Sam and Nicki after weeks of fruitless house search. From the moment they picked up the phone, they were very efficient and professional. They made the process very easy and were quick in responding to mails and enquiries. Sam and Nicki got us moved in within 10days and they were very understanding. We are very pleased with the service we received at GB Elite and cannot recommend them enough. Thank you both for everything, you are the best out there!
★★★★★ Elizabeth Atoyebi
Cheaper than the high street estate agents and much more professional.
We have used GB Elite to handle the renting of our flat. They were
cheaper than the high street estate agents and much more professional. I will continue to use them .
★★★★★ Philip Leuzinger
Professional, friendly and approachable
I have just moved into a lovely one bedroom house in Andover with my pooch ?
Nicki and Sam have been fantastic through the whole process.
They have been very professional, friendly and approachable and have been very efficient in responding to any correspondence.
They have been quick in sorting any queries that I have had along the way and I would highly recommend them.
Thank you again girls for all your help ?
Nadia
★★★★★ Nadia Yousuf
I would recommend their service as they have been spot on since day one
After 5 years renting though agencies that they only care about money I met Nicki.
We were living in one of her properties managed under a different state agent and things were not the best.... and then Nicki took over the management of the property.
From the moment we exchange the first couple of words by phone I was impress in the way Nicki conducted the conversation.
Money wasn't the main thread of the conversation, she was asking on things to make us feel better and more comfortable at home and improvements that the house might need.
Over the 4 years that I have been dealing with GB ELITE every single problem that we had related to the house has been actioned and repaired properly, no quick fixes to patch the problem.
I would recommend their service as they have been spot on since day one.
★★★★★ Israel Perez
They are extremely efficient and professional but most importantly are always happy to help in any way they can.
Nicki and Sam have been beyond helpful to me and my family, we were really struggling to find the right property and starting to loose hope until we met Nicki and Sam. They made the process of moving in to our new home as smooth as possible and went above and beyond. They are extremely efficient and professional but most importantly are always happy to help in any way they can. I would highly recommend their services and we are very grateful for them.
★★★★★ Katie Baptiste
They have a personal touch with them and keep it professional!
Let me tell you about Nikki and Sam! I’m sooooo glad I found them! I was looking for a flat before my Airbnb! The process was very smooth when I told the tight deadline. Sam literally answered all of my questions after hours and all! She helped me through the process and help me get thing set up for the flat because me being an American in a new country I didn’t know and I appreciate her for that! If you are looking go with Nikki and Sam ! They have a personal touch with them and keep it professional! Thank you for everything Nikki and Sam I truly appreciate it!
★★★★★ LD Marie
I would highly recommend them
Just rented a property through GB Elite, they are very professional and understanding. I would highly recommend them. Thank you so much Sam and Nicki for all your hard work and doing such great work
:)
★★★★★ Abhishek Singh
GB Elite certainly took the stress out of renting out a property
GB Elite, provide an professional, efficient and thorough service. They are able to provide valuable advice and take care of all aspects of preparing a property for the rental market. Suitable tenants were promptly found and the property was rented out in super quick time.
GB Elite certainly took the stress out of renting out a property.
★★★★★ Sara-jane Reilly
The service has been far greater than what a high street brand can offer and at a much fairer price. A++
As if moving abroad wasn’t daunting enough I decided to become a landlord at the same time, a friend introduced me to Nicki & Sam – they explained everything to me, no question was too stupid, they took all the stress out of it so I could focus on relocating. The service has been far greater than what a high street brand can offer and at a much fairer price. A++
★★★★★ Alexander Offord
From the minute I got in touch they have been extremely helpful, and friendly.
I met with Nikki and Sam after my last letting agent fees continued to spiral. From the minute I got in touch they have been extremely helpful, and friendly. I didn’t hesitate to use them for my next lease!!
They have kept me informed, done all the hard work and informed me of any issues as they arise. And most importantly to me were very clear and transparent with any fees which they have stuck to.
I wouldn’t hesitate to recommend them to anyone wanting to lease out their property.
Many thanks
Sally Roberts
★★★★★ Sally Roberts
Fantastic service from the team at GB Elite
Fantastic service from the team at GB Elite. As a first time landlord I didn't know what to do or expect but they helped me through the whole process. Great communication, I was updated throughout and they would answer any questions I had quickly. I would highly recommend them.
★★★★★ Tom Hill