Lease Options Offer Benefits to London BTL investors
The Lease Option Company specialises in property lease options designed specifically for first time buyers. A lease option allows the holder to rent a particular property with the right to buy it in the future at a price agreed today.
Currently the Lease Option Company operates only in London, the market where it is hardest for first time buyers to get onto the first rung of the property ladder, but if the concept is a success in the capital it is likely that it will be applied more widely in the South East.
The great attraction for the property investor is that it promises a long lease to a creditworthy tenant followed by a release of capital. Of course the sale is not assured as the tenant can choose not to exercise the option, so this is not for those who are bearish about the market: but those will presumably sell immediately, or possibly never have invested.
For more information visit The Lease Option Company's website.
- Login to post comments