Our Letting Agent in Oxford and Aylesbury:-
WHEN Chris Scupham bought his first property a decade ago, he had no idea its ripple effect would dramatically alter the course of his life.
A Baptist Minister from Surrey, Chris was keen to enter the property market ahead of his milestone 40th Birthday.
“It suddenly became important to me to get on to the property ladder, explains Chris: “At the time I was living in a tied house belonging to the church, but I was well aware that I needed to buy a property so I could rent it out and use it as my pension plan.”
Ten years on and Chris now works as a full time buy to let investor, with a thriving portfolio of properties dotted the length and breadth of Britain.
“I bought my first house in Guildford, rented it out, made a good profit, bought another one and it escalated from there, says Chris: “After a few years I was enjoying property so much that I left the church to take up a full time career in buy to let.”
Since making that decision Chris has never looked back. Today he owns 14 properties in major university towns including Leeds, Sheffield, Manchester and Oxford.
“I chose to buy properties in student areas because there were plenty of bargains to be found, adds Chris: “Contrary to popular belief, students make excellent tenants because there are generally no void periods. If you lay down the rules from the outset about no all-night parties, most students accept it or decide the property is not for them and look elsewhere.”
Chris is just one example of a rapidly expanding team of highly experienced and successful landlords to join LettingAgent.com to let out properties in the UK.
Chris believes his experience as a Baptist minister and landlord gives him the edge over traditional letting agents, he says: “I am a people’s person who enjoys helping people. I also have the experience and technical knowledge to guide landlords through the whole buy to let process from finding suitable tenants, helping to fix gas and electrical faults to helping them avoid void periods.”
Now living in Aylesbury with his wife and four children, Chris has chosen this district because it is on his doorstep.
“With my investment portfolio spread across the country I’ve learned it is easier to handle tenant’s problems if you are close by, admits Chris: “Oxford and Aylesbury offer plenty of excellent letting opportunities because there are a number of teaching hospitals, a science park, a large industrial area and a university within the region.”
In spite of a career change, Chris is still close to his former congregation and often calls upon them for help.
“During my time in the church I met some wonderful people who include plumbers, electricians, accountants, tax experts and solicitors, says Chris, “I am still in contact with them and their help has proved invaluable in my new career.”
Chris believes one of the strengths of LettingAgent.com is that as landlords they fully understand the pressures involved in buy to let.
“A lot of landlords are in a for a tricky time over the next couple of years, he concedes: “Like me, many of them will be coming out of attractive fixed rate deals and will find themselves making a lot less profit. However, if they can keep their eye on the horizon and take a long term view on their returns, buy to let continues to be an excellent investment.”
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