Ward Homes

Ward Homes

March 30, 2012 11:12 ET

Boost Your Buy-To-Let Portfolio With a Show Home

LONDON, UNITED KINGDOM--(Marketwire - March 30, 2012) - New home builder Ward Homes is offering buy-to-let investors the opportunity to purchase one of their show homes as part of their Lease Back scheme.

Whether looking to build up your investment portfolio with property in Kent, East Sussex or Medway, opting for the Lease Back scheme will enable the property to be leased back to the developer to be used as a marketing suite.

The biggest advantage of the Lease Back scheme is that it will provide a guaranteed tenant for the entire duration of the lease. Not only that a 7% annual rental yield (paid monthly) will be guaranteed for the entirety of the term, as well as fixtures, fittings and furnishings. On top of that they'll also be no management or agency fees for the length of the lease.

A Barratt Homes spokesman said: "Buyers have the opportunity to buy the show homes, including all the fixtures and fittings, at excellent developments then immediately lease it back to us to use as a marketing suite."

"Rather than have to worry about untidy tenants, the investor knows that we will maintain the property in pristine condition."

"The direction of house prices in the medium term is up. So investors can expect to be sitting on a tidy profit in two to three years time."

As the UK enjoys a boom in the rental market, now's the time for buy-to-let investors to move. Where once purchasers were building up their portfolio with flats, since 2007 interest has turned more towards the purchase of high quality new homes; adding a show home onto your portfolio could well be the next step.

NOTES TO EDITORS:

  1. Ward Homes is part of Barratt Group, which sold 11,171 homes in the last financial year, making it the biggest housebuilder by volume in Britain.
  2. Barratt Group was named Housebuilder of the Year at the Housebuilder Awards 2011.
  3. Barratt Group was awarded a maximum five star rating for the second consecutive year in the 2011 Home Builders Federation Customer Satisfaction Survey.
  4. In 2011 site managers working for Barratt Group won the highest number of NHBC Pride in the Job Quality Awards for a record seventh consecutive year.
  5. Barratt Group is the only housebuilder to guarantee the fixtures and fittings in place at the time of purchase of its new homes for five years.
  6. For more information on the developments available from Ward Homes, visit www.wardhomes.co.uk

Contact Information

  • For all media enquiries, please contact Patrick Law
    07809 551790