This blog is your one stop guide to the property market in Exeter from local Exeter Property Experts. You will find tips and advice on buying an investment property in Exeter, best buy properties, Exeter property market analysis, Exeter property news plus much more. If you would like any advice or are considering purchasing an investment property in Exeter, we are happy to offer a second opinion. As an Exeter Estate Agent and Exeter Letting Agent we are well placed to provide accurate and up-to-date advice on all your property needs.
Martin & Co Buy-To-Let Purchase 
Advice Questionnaire
  
  1. Ensure the property is in a rentable area – please contact Martin & Co Exeter for free advice and recommendation. 
  2. Is the property near good school? http://www.ofsted.gov.uk/schools/for-parents-and-carers/find-school-inspection-report/results/1/any/any/any/any/any/any/ex1%201dz/5/any/0/0 
  3. Is the property in a flood risk area? http://www.environment-agency.gov.uk/homeandleisure/floods/120446.aspx 
  4. Does the property have good access and public transport links? http://www.stagecoachbus.com/south-west-local-maps.aspx http://www.nationalrail.co.uk/stations_destinations/EXC.aspx 
  5. Is there furniture in the property? Is this fire safe? https://www.gov.uk/private-renting/your-landlords-safety-responsibilities 
  6. Are there gas / electrical certificates in place? http://www.gassaferegister.co.uk/advice/gas_certificates.aspx 
  7. What is the current rent and potential future returns? 
  8. View the property and meet the tenant if applicable.  
  9. Make an offer, subject to contract.
  10. Once the offer is accepted, sign conditional landlords terms and conditions, subject to completion, and return to Martin & Co. 
  11. Confirm with conveyancers that the completion date will line up with the rent due date.
  12. Martin & Co will arrange for a new assured short hold tenancy agreement to be signed following exchange of contracts by the tenant and landlord. 
  13. Retain receipts for all of the expenses that you incurred in letting the property and preparing the property for letting. These should include the supply of fittings and furniture, any building works and all of your legal and professional charges including our own. This is to help you complete your tax return. 
  14. Please ensure that you visit your Martin & Co local office with a copy of your Passport or Driving Licence, together with a utility bill from the last 3 months, to comply with The Money Laundering Regulations 2003.
     

    Fully Managed Only 
  15. If you live outside of the UK for more than six months in any tax year, you must apply to the Inland Revenue for a certificate approving you to deal with tax on the profit from the letting. If there are joint landlords then each landlord will need their own approval certificate. Please forward the certificate(s) to us; until we receive it we will deduct tax from rental income as we will be liable to account for tax to the Inland Revenue.  http://www.hmrc.gov.uk/international/nr-landlords.htm 
  16. If any of your appliances have manufacturer's warranties or guarantees in place or you have service agreements in place (for example 3-star gas servicing) then please pass on the details. 
  17. If your property has been newly constructed or is still within a period of guarantee, please ensure that these details are relayed in writing to your Martin & Co local office together with details of the person(s) who should be contacted regarding any problems that may be encountered during the tenancy.
Please visit our website www.martincoexeter.co.uk for our latest sales and lettings properties.

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