Becoming a First Time Landlord

Buy-to-Let investing can be exciting. From building your investments and saving for retirement to creating another income stream, becoming a landlord can open up lots of opportunities.  

Perhaps you have become what we term an ‘Accidental Landlord’ if you were unable to sell your home to move to another and so kept the former as an investment.  

You may have inherited property for the first time and want to keep it to let out. Whichever way you become a landlord, Samuel Estates can assist. 

Why Samuel Estates?   

Backed up with 16 years of experience in the London property market alongside in-house and external industry training, our staff can offer expert advice on both the letting process and your legal obligations as a landlord. Many of our team have been with us for a long time, so you are in safe hands. 

With several awards and an excellent reputation in the local community, we’ve already developed a proud reputation as one of South West London’s friendliest estate agents. Our local knowledge and competitiveness are second to none!  

We are proud to be an independent estate agency, free to make our own decisions. 

Our full membership of the Association of Residential Letting Agents (ARLA) and the Tenancy Deposit Scheme (TDS), ensures that our landlords receive a leading service backed by expert knowledge of current legislation and that your tenancy contract is fair and clear. 
 

FAQs

How do I make money as a landlord?

The money you make can come from two potential income streams 

  1. Rent 
  2. Capital growth of the property value going up 

The property market has ups and downs, so it is possible to lose money if the property value goes down, your outgoings exceed rental yield, or if the property is vacant for some time.  

What fees will I need to consider when buying to let?

There is much to consider in terms of the expense and everyday running costs of a property.  

Fees associated with property purchase:  

  • Stamp duty  
  • Valuation / Property survey  
  • Legal costs  
  • Mortgage arrangement fees (If you already have a property with a standard mortgage you will need to seek your Lender’s permission to rent it out)  
  • Income tax is payable on your rental income, minus day to day running costs. There are specific rules for non-resident landlords. We have a dedicated section on this.   

It can be a good idea to chat with an accountant, if you have one, about the financial viability of becoming a landlord.  

What regular running costs will I need to consider as a new landlord?

It is essential to factor in the day to day running costs of a property into your calculations for rental yield.  

Here are some of the main costs:  

  • Letting agent’s fees  
  • Mortgage interest  
  • Redecorating  
  • Landlord’s insurance  
  • Annual safety checks 
  • Rent insurance 
  • General building maintenance  

What services do Samuel Estates offer?

We offer landlords a comprehensive range of lettings and property management services, tailored to suit every landlord. This includes:  

  • Landlord property acquisition   
  • Property letting  
  • Rental collection  
  • Property Management   
  • Bespoke Insurance Products 

Service Selector

A hassle-free, professional Let Only service

We offer two different letting service options to our landlords.

Relax, with everything taken care of

Our experienced property management team looks after hundreds of properties for clients based both nationally and internationally.  

Pro-active Property Management

Our experienced property management team looks after hundreds of properties for clients based both nationally and internationally.  

Our latest properties

What our customers think

  • Charlie

    I’m not someone to usually write a review, but I was highly impressed with the service I received from Samuel Estates. I would highly recommend Jessica to anyone looking for a new home. I have had to move a few times over the last few years and she was the best estate agent I have ever dealt with. She was helpful, professional and answered any questions we had promptly and efficiently. She made the process stress-free and took care to make sure we was happy every step of the way. I highly recommend.

  • Garfieldield Davidson

    Got looked after very well by Jessica, very professional and always on time for viewing which I loved.

  • Vincent Board

    We have been very happy with the level of service we receive from Lina Svegzdaite and the team at Samuel Estates. They keep us regularly updated on the properties and are always quick to respond to any questions or queries either from ourselves or from our tenants.

  • Diana Chira

    Me and my boyfriend have had a great experience with Samuel Estates. Very professional, informative and responsive at all times. Bilal Jamil in particular has been very helpful with everything we needed. Would highly recommend.
    Many thanks to BJ again. 🙌🏼

  • raj kumar

    special thanks to Daniel. he has been very kind and helpful. he made that whole thing very easy. very professional and friendly agent. thanks SAMUEL ESTATES.

  • Angel Li

    Nicole Smith was helpful and prompt to resolve the issues I reported with the flat and made my stay much smoother for sure. I appreciate her call after the issue was fixed just to give that extra personal touch.

  • Dahye

    I recently rented a flat as an international student, and the process couldn't have been easier thanks to Samuel Estates, and more specifically my property manager, Lina Svegzdaite. She has been extremely helpful and accommodating from the moment I landed in London, and has continued to provide great support to my queries, no matter how small. Made moving and adjusting to a new climate less stressful and easy to navigate thanks to her support- highly recommend.

  • Gabriela Santos

    Nicole Smith (Colliers Wood office) was super helpful to try and resolve an issue we had. And she did!!! Thank u very much!

  • Ania Kocznur

    Have had the most seamless experience in finding my new rental with Samuel Estates. Bilal was responsive and on the ball in keeping me up to date with all matters in sorting out the tenancy, and whenever I called the office there was always someone available to help immediately or address my questions. The justmovein service provided for free too made the admin of sorting out bill transfers etc. completely stress free. Highly recommend!!

  • Alex Chung

    we are very happy & they are helpful on the whole process for renting house, quick respond with clear information to us.

Our office locations

Balham

45 Bedford Hill
London
SW12 9EY

Colliers Wood

30 Watermill Way
London
SW19 2RT

Streatham Common

432-434 Streatham High Rd
London
SW16 3PX