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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ChristinaReedUK
ChristinaReedUK 20 Jun 2016

I don't understand why it's always a war between the two sides. Either, way the landlord is probably keeping a detailed inventory and will see the changes you've made. I just don't understand why there...

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NathanGreen
NathanGreen 16 Jun 2016

Seeing that the tenants are quite satisfied with their landlords and the properties is indeed great. I wonder, though, what is the situation in London alone? The tenants face sky-high rent levels in the...

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AndiMur
AndiMur 15 Jun 2016

TheGuardian published the same forecast. But on the other hand, professional brokers express different opinions. According totranio.com, an exit from the EU would not affect the demand/supply imbalance...

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Gary Holmes
Gary Holmes 14 Jun 2016

Having a professionally completed inventory at check-in and check-out is clearly (to me at least) of minor value. Tenants make un-authorised modifications and/or walk off with items that belong to the

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Violet Gibson
Violet Gibson 14 Jun 2016

Cautious people think buying off-plan is reckless, but over the past few years investors have literally made fortunes.Pre-release prices have obvious benefits for the developer, who gets instant finance...

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Kate Windleton
Kate Windleton 14 Jun 2016

An interesting research indeed. I guess that is in complete contrast with the United States where people often move from one coast to another. It will be interesting to hear the trends for people moving...

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NathanGreen
NathanGreen 14 Jun 2016

I think it all depends on the market conditions and how well your company is doing. You will agree that you can't demand more when you're killing yourself just to hang in there. Sometimes you need all

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ChristinaReedUK
ChristinaReedUK 13 Jun 2016

What does "detecting a bad vibe" mean actually. I've had certain vibes like these and yet have always found a reason , if there's any, why I don't like a certain property. The property maintenance might...

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keybanks estates
keybanks estates 08 Jun 2016

Great News for first time buyers, about time two!

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NathanGreen
NathanGreen 07 Jun 2016

I agree with #6 - you should maintain your garden according to the target buyer. One thing is universal, though - cleanliness and order. Having the yard clutter-free and clean will help people who do enjoy...

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NathanGreen
NathanGreen 06 Jun 2016

I will always say that London is overrated. Sure it is the capital, but it's too stuffed in there. It's more of a business city to me.

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Paul
Paul 25 May 2016

Estate agents are pathetic when it comes to fees. They have this 'I had to do it at 1% because that's what the others were quoting' mentality. We are the most expensive agents in our area, charging double...

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