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TODAY'S OTHER NEWS

Buy-to-let portal opens for business

A portal dedicated to investment and buy-to-let property has launched this week. 

Buy2Let.com, which describes itself as the first of its kind, will be sourcing properties from agents Northwood, Leaders, Aspen Woolf and Stirling Ackroyd, among others.

The portal says that over the coming weeks it will be populated with thousands of property investment listings. Yesterday, on launch, the portal had a total of 87 listings.

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Buy2Let.com also has an exclusive auction partner, Bamboo Auctions, offering live online auctions of investment properties.  

“We are delighted to launch 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,” says Martin Wilkinson, the portal’s founder.

He says that the website aims to cater to the needs of agents who don’t have time to dedicate to the investment market and that existing portals are designed solely to sell to the owner-occupier market. 

“Buy2Let.com provides the crucial pieces of information that investors need to make a purchasing decision – uniquely, the portal allows them to search for and identify opportunities by annual rental yield, as well as categorising each listing as vacant, instant rental – or tenanted, and HMOs,” he adds. 

Wilkinson says he aims to provide agents with an unrivalled direct market outlet for genuine buy-to-let investment properties, and a dedicated resource of properties and market analysis for investors.

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    • 02 June 2015 10:15 AM

    This sounds like a very innovative idea. We've seen the success of portals in the last decade or so, there is no reason why one entirely focused on investment can't work too.

  • Robert  McKechnie

    Nice idea. An example of the property industry using online resources to be inventive and innovative. As Tom says, you only need to look at the success of Rightmove and Zoopla to see how well this can work.

  • Jamie  Humm

    Sounds like a good idea to me. Whether it will work out or not is another question.

    If it's even half as successful as RM and Zoopla, then it will be doing well.

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    I have the inside track on Aspen Woolf being invited to an interview June 2015
    and Introducing the investment products on the phone. Student buy to let.
    I was given paper leads by Dan 'A sheet of A4 with 30 names on it'
    I qualified 20 people holding £70,000 wanting more information
    on the 'Opportunity' .
    During my 2 Hour 30 min trial Rob 'third top biller'
    made a comment - to not mention the Exit and that it 'will have problems'
    (The ambiguity in the exit therefore opportunity to miss sell is present)
    to summarise - over priced per square foot , no exit.

    Day 1 -Face to face interview, -Offered £18k basic +10% commissions on sales up to 15% (Full training for 2-3 weeks on market knowledge in the property sector)
    Day 2 -Telephone pitch (use company brochure on student buy to let to pitch the investment)(own initiative)
    Day 3- On the job trial 2 hours (visit company office and pitch the product for 2 hours the calls are recorded)

    I did not get the Job
    I worked 2 hours for free and sent brochures to
    20 people holding £70,000 - Dont go over the cliff - Your locked in No Exit

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