The Buy to Let Business receives considerable investment from Countrywide

The Buy to Let Business receives considerable investment from Countrywide

Countrywide plc, has announced this morning that it has made a significant investment in 'The Buy to Let Business', enhancing its offering in the BTL mortgage sector as well as the ever expanding PRS.

Countrywide’s investment provides it with a significant stake in the Camberley based ‘The Buy to Let Business’ which currently employs 65 people and which holds clear ambitions to expand in order to capitalise on growth in the sector. The business registered turnover of £5m in 2015/16 and has achieved average turnover growth of 86% in each of the last three years, placing it among the 50 fastest growing businesses in the UK.

The business was established in 2006 in response to what the Directors of the company saw as a need to provide outstanding service to property investors by building strong professional relationships with mortgage lenders and other intermediaries. This enabled the company to speed up, simplify and streamline the buying process for its customers. In partnership with Countrywide it will now have access to deeper resources and expertise that will help it accelerate its ambitious growth plans.


Peter Curran, Managing Director of Countrywide Financial Services, said: “Countrywide has a clear vision of ‘bringing people and property together’, so a focus on providing an exceptional customer experience is central to our values. Our investment in The Buy to Let Business represents a great strategic and cultural fit and will also enable our private rental and financial service businesses to create a market-leading proposition for landlords. It is also a clear statement of our belief in the sectors’ importance and longevity. The impressive growth that ‘The Buy to Let Business’ has achieved since formation is a testament to the quality of the business, the exceptional customer service from its people and the vision of Ying as Managing Director. We very much look forward to welcoming them into our Group.

Ying Tan, Founding Managing Director of The Buy to Let Business added: “The Buy to Let Business was built on a strong belief that the market needed a company that provided property investors with an unprecedented level of customer service. The company’s success and our passionate belief in these founding principles has ensured the company’s outstanding growth to date. I am convinced that Countrywide’s investment and expertise will help propel us to the next exciting level of our development. Our vision and culture is aligned and bringing these dynamic brands together is a mouth-watering prospect.”

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Christian Donovan
Christian Donovan 18 Aug 2017

The write-down on house values, combined with the fall in the GBP saddled the fund?s property portfolio with a 1.4% loss in the second quarter. The shocking amount of $240 million.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

Interesting point of view.

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Samantha Goodman
Samantha Goodman 11 Aug 2017

It depends on the people, some older adults decide to make a long-distance move in order to live closer to their children or settle in a place with a lower cost of living.

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brandonlee10
brandonlee10 24 Jul 2017

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IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

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NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

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Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

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Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

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jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

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