Buying FAQs

You can reach Rothmore Property by phone, email, or through the enquiry form on our website, making it easy to connect with our team. Whether you’re just beginning to explore property investment or looking to expand your portfolio, our experts are here to assist. 

We take the time to understand your financial goals, preferences, and investment strategy, offering tailored guidance to highlight the best opportunities in new-build apartments, completed or off-plan properties, and buy-to-let investments. With over 20 years of experience and a strong presence in key markets like Manchester, London, Liverpool, and Birmingham, we provide expert insight and market-leading services to support you at every step of your investment journey.

Get in touch today to learn more about how we can help you achieve success in the UK’s thriving property market. 

Buying off-plan properties can provide buyers or investors with the opportunity to secure an apartment at a value that is often below expected future market prices. However, any specific discounts would be at the developer’s discretion and may vary by development.

To stay informed about potential discounts, exclusive deals, or off-market opportunities, be sure to subscribe to our mailing list! This ensures you’re the first to know about exciting property investment options.

A reservation deposit is a payment made to secure a property and temporarily take it off the market while you complete the necessary steps to finalise your purchase. It demonstrates your commitment to buying the property. This deposit is typically paid when you sign the reservation agreement, which formalises your intent to proceed with the purchase.

Yes, most buy-to-let properties can be purchased using a mortgage. Lenders typically require a 25% deposit, though this may vary depending on the lender and your financial circumstances. It’s important to consider that buy-to-let mortgages often have slightly higher interest rates than residential mortgages.

If you’re unsure about your options, we can connect you with trusted mortgage advisors who specialise in property investment to help you secure a mortgage that aligns with your budget and investment goals.

The main risks of buying off-plan property include:

Construction delays: Completion timelines may be extended due to unforeseen circumstances, such as labour shortages or supply chain issues.

Market fluctuations: Property values may change between purchase and completion, which could impact the expected return on investment.

Developer reliability: The financial stability and reputation of the developer are key to ensuring the project is completed as planned.

However, off-plan property can also offer significant benefits, such as securing a property at below-market value and achieving capital growth during the build phase. At Rothmore Property, we carefully vet developers and projects to minimise these risks and guide you through the process with confidence.

If you purchase an investment property with a buy-to-let mortgage, you are not permitted to live in the property, as buy-to-let mortgages are specifically designed for rental purposes. If you wish to live in the property, you would need to secure a residential mortgage instead.

If you're considering living in your property or need help exploring mortgage options, we're here to assist you in understanding your choices and ensuring they align with your plans and the property's requirements.

When investing in a buy-to-let property, you may encounter several types of taxes:

Stamp Duty Land Tax: SDLT is payable when purchasing a property in England or Northern Ireland. For buy-to-let properties, an additional 3% surcharge applies to the standard rates. The exact amount depends on the purchase price of the property.

Income Tax: Rental income is subject to income tax, calculated based on your total income for the tax year. Higher rental earnings may push you into a higher tax bracket, so it’s essential to plan for this cost. Some allowable expenses, such as letting agent fees or property maintenance, can be deducted to reduce taxable income.

Capital Gains Tax (CGT): CGT applies when you sell your buy-to-let property and make a profit. The tax is calculated on the capital gain (sale price minus purchase price and allowable costs). Rates are 18% for basic-rate taxpayers and 28% for higher-rate taxpayers.

Council Tax: If the property is vacant for a prolonged period, you may be liable for council tax payments.

VAT (Value-Added Tax): While VAT is not directly applied to residential rent, certain services, such as property management fees, may include VAT.

As tax rules frequently change, it’s important to stay informed via the HMRC website or seek advice from a qualified tax professional to ensure compliance and maximise allowances. At Rothmore Property, we can guide you to trusted advisors for further assistance. 

Absolutely! At Rothmore Property, our commitment to you doesn’t end at purchase—we offer comprehensive after-sales support to ensure a seamless investment experience. Whether you need assistance with furnishing your property, securing and managing tenants, or ongoing property management through our trusted partners, we’re here to help.

From your initial enquiry to completion and beyond, we work alongside you to ensure every detail is handled with care, efficiency, and expertise, giving you peace of mind throughout your investment journey.

Property market values can fluctuate in the short term due to economic or market conditions, but real estate remains a resilient long-term investment. At Rothmore Property, we carefully select opportunities with strong growth potential, focusing on locations with high rental demand, ongoing regeneration, and proven market stability. These factors help protect your investment from short-term dips and position it for long-term appreciation.

Additionally, rental income can provide steady returns even during market fluctuations, ensuring your investment continues to generate value. If you have any concerns, our team is always available to offer expert insights and strategic guidance.