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TODAY'S OTHER NEWS

New property investment portal launches

Buy2Let.com, which gives first-time investors looking to acquire a buy-to-let property the opportunity to search online for their ideal purchase, has launched this week.  

The website, the first property portal dedicated entirely to investment, allows would-be investors to search for property by location, type, price, rent and yield/annual return. It also shows whether a property is tenanted or vacant.

Since launch on Monday (June 1), the site reports that traffic has increased by 1200% in comparison with its pre-launch figures.

Over the next few weeks thousands of property investment listings will be added to the portal, sourced from some of the industry’s best-known names. This includes a franchised branch network of Northwood UK, south-east agents Leaders, and London-based agents Stirling Ackroyd.

The site also reports that it has had hundreds of enquiries from agents over the last few days and that alert sign-ups have ‘rocketed’. 

Bamboo Auctions, the portal’s exclusive auction partner, will list chain-free instant purchase opportunities, providing live online auctions of investment property. 

Martin Wilkinson, Founder of Buy2Let.come, said he is delighted to be launching the first and only B2B property listings portal dedicated to the buy-to-let market. “Buy2Let.com is designed to be the perfect marketing partner for agents to reach investors directly, and encouragingly, it seems our panel of forward-thinking early adopters already recognise us as such,” he added.

“We appreciate that some agents and developers simply don’t have the time to dedicate to the investment market, and we know that the current property portals simply do not cut it when it comes to marketing to investors,” he went on. 

“Alternatively, Buy2Let.com provides the crucial pieces of information that investors need to make a purchasing decision. No other portal offers this level of insight or comparison, because they are not intended for the buy-to-let property investment market.”

Wilkinson, who predicts the yearly growth rate of the market could be up to £50bn, believes the new portal will be a vital resource to both agents and investors. “We will continue to work with estate agents, developers, and corporate landlords, to source and list genuine buy-to-let investment properties, providing investors with a dedicated resource of property investments and analysis of the market,” he concluded.

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