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.”

Join our mailing list:

Leave a comment



Our Next Event

Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

Bolton - 14/03/2017

Barnsley - 15/03/2017

Solihull - 16/03/2017

Watford - 17/03/2017

Register now

Latest Comments

Matthew Hollywood
Matthew Hollywood 07 Feb 2017

Matthew Hollywood - Director Mishon Mackay Land & New Homes - Brighton The shortage of New Homes is in part effected by the lack of land sales. Land sales are held back because there is a disparity between...

view article
CommercialTrust
CommercialTrust 30 Jan 2017

Hi Graham, Would be interesting to see the above figure calculated against an investment via a Lt Company /SPV structure and if the investor found themselves pushed in to the higher tax bracket. Mortgage...

view article
Tony Gimple
Tony Gimple 16 Jan 2017

HMOs do make great commercial sense, but do the area research first!

view article
OJoyce
OJoyce 30 Dec 2016

We can only hope this will bring the results we all want and strive for.

view article
Reality
Reality 21 Dec 2016

The changes to land tax were a shock to many when it was first announced by the Chancellor in 2015?s Autumn Statement. However, once the changes came into place and the full details were digested, it?s...

view article
akbar ali dayala
akbar ali dayala 20 Dec 2016

I am a landlord and director of an online letting agents at the moment we charge tenants minimal fees and landlord also meaning we can get best deals for tenants all around if the ban comes in it...

view article
milessgabriel
milessgabriel 05 Dec 2016

Useful article

view article
Spencer Fortag
Spencer Fortag 30 Nov 2016

I am glad that someone listened to me!

view article
Tony Gimple
Tony Gimple 27 Nov 2016

It's not just the lack of estate agency advice that's costing landlords money; most are getting seriously bad advice from their accountants resulting in tax bills far higher than they need to be. Likewise,...

view article
Sally Walmsley
Sally Walmsley 18 Nov 2016

The RLA stands by its sell-off statistics. While we welcome the feedback from Mr Jagota and are delighted to hear how well things are going for landlords in the north east, we would like to make it clear...

view article
Sheryl87
Sheryl87 18 Nov 2016

The high employment levels and the vibrant economy has led to ever-increasing demand for rental properties, especially from professionals relocations from other cities. This has led to more experts teaming...

view article
Sheryl87
Sheryl87 18 Nov 2016

Renting out your house can be risky business. It's good to think about residential landlords insurance. Standard cover includes buildings cover and cover for loss of rent following damage to a property...

view article

Related stories

More articles from Business