First time landlord John Holden took the plunge after seeing just two properties advertised on Rightmove. However, upon contacting the selling agent Reeds Rains, he soon realised that he had stumbled across what would become a significant portfolio investment.
Though John was initially worried that he’d bitten off more than he can chew, he wanted to protect his cash from fast-rising inflation. John explains “I’d recently sold my shares in a family company, so I was on the lookout for a new investment project.”
He adds: “With bank account interest rates at rock bottom at the moment, my savings were losing value fast. By investing, I could guarantee an income, watch my money grow and most importantly have something to leave to my children, when the time comes.”
Despite having never previously owned a buy to let property, John has a background in finance management, and knew that he was up for the challenge. “I’m not a man for stocks and shares or gambling, so property it is!” John adds, “The properties are immaculate, with brand new carpets, fresh paint and new kitchens and bathrooms. All I need to do is provide an oven! I’m also very aware of upcoming legislation requiring rental properties to meet higher energy efficiency standards from 2025. I’m not a DIY man by any means, so to have Annington do all the work to future-proof the properties is a real godsend.”