Sweeping changes to the rental market are driving many experienced landlords away.However, Horizon Sales & Lettings has positioned itself as the go-to business for any North East landlords looking to take a step back.
Formed five years ago by three friends, the Middlesbrough-based company has since been on a oneway path toward growth due to the team’s unparalleled knowledge of the North East property sector.
The company’s team and turnover has grown year-on-year, while boasting one of the most impressive and diverse property portfolios in the North East, with global investors lining up to break into a region that’s rapidly established a stellar reputation for producing bumper yields.
The company’s directors say they are focused on offering an “easy offramp” for landlords concerned about their future in the fast-changing sector.
“Rising interest rates, speculation over changes to capital gains tax, and new Government policies are making lots of landlords nervous,” admitted co-director Chris Bunn.
“Older landlords may be unwilling to commit to major refurbishments if they have an eye on retirement. Additionally, some landlords may be nervous about raising rents and pushing long-term tenants out – thus saddling themselves with sky-high mortgage repayments.
“But the good news is for anybody considering selling, our team has unrivalled access to a stream of global investors looking to secure residential and commercial North East properties, making us perfectly positioned to help both parties.”
And according to co-director Denis Shail, they are not the only winners.
“New investors are determined to inject money into properties, renovating them to an incredibly highstandard,” said Denis.
“This benefits both tenants and the wider community, by improving homes which in turn, attracts better-quality renters.
“But delivering high-quality properties also means you attract tenants who want to stay long-term, giving you greater security.”
Yet Horizon Sales & Lettings are not merely property investment specialists, with renovation and property management services also offered as part of a comprehensive wrap-around approach that aims to make owning buy-to-let properties as painless as possible.
The Gilkes Street-based company can even arrange refinancing via its friendly in-house team of mortgage experts.
It also has a glowing reputation for speed, priding itself on fast sales and purchases – made all that easier due to both the company’s incredible network and constantly monitoring the sector for emerging trends.
“Our investors are varied, but often they are high net-worth clients, and we deal with many successful entrepreneurs and professionals – such as solicitors and accountants – alongside full-time property investors,” added fellow director, Martin McManus.
“Many are British, particularly from the south, but we have contacts as far away as Asia and the Middle East.
“We are currently experiencing a lot of interest from the Netherlands following legislative changes that have impacted the Dutch buy-to-let market. As such, we are already bringing investors from Holland across.
“And our investors are not just interested in residential properties. There’s been a noticeable demand in recent years for commercial properties, including high-end flats, and that’s definitely a fast-growing market that we are already well-positioned in.
“And it doesn’t matter if your property is a £20,000 home or a £200,000 commercial property, Horizon Sales & Lettings is the trusted agency to partner with. We are all born and bred in the area, and the company has a superb record for brokering the perfect deal – if you are buying or selling.”
For more information on Horizon Sales & Lettings, visit www.horizonsaleslettings.co.uk
