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

  • Joanne McCarthy

    What can I say?! Samuel Estates sold my house, fuss free, in a pandemic!

    As an estate agent of 15 years I can have overly fussy, high standards but Paul and team dealt with what could have been a total nightmare swiftly and got it over the line. Highly recommend. Thank you all so much for making it so easy. Happy Christmas!!! Jo.

  • Dani Villanueva

    We are happy to have dealt with this company. Our agent was always very friendly, attentive, professional and efficient. This helped make the move as smooth as possible.

  • Mary Cooke

    I rarely submit a review but my recent experience with Samuel Estates compelled me to make an exception. I have contracted with Samuel Estate for some 20 years now on a tenant find basis for my rental properties and have never been disappointed. The process is fully managed to sourcing new tenants, arranging agreements and vetting potential tenants. Each member of the team strives to understand your requirements in an honest and professional manner. Utmost to the fore is their communication, accessibility and support resulting in the placing of exceptional tenants for me over these years.
    Recently as a result of the pandemic, we decided to relocate and our obvious choice was Samuel Estate to handle the sale of our home. An extremely stressful time considering that we were also moving abroad. The initial advice given was let the professionals do their job and advice well given as we secured a quick sale which would not have been possible without Paul Ahern. Everything went smoothly from the outset including a high standard of brochure/website photographs, showings and feedback. Once the sale was agreed Paul’s efforts did not cease and managed the full process, liaising with solicitors and buyers to the final steps needed to complete.
    Thank you Paul and your amazing team for your care, concern, support and efficiency.

  • Ross Reid

    We were very pleased with Yohana as our Property Manager who was prompt and professional in dealing with any queries or issues as tenants we had during our tenancy and in corresponding with the Landlord.

  • Zenon Zeniou

    Samuel Estate was perhaps the best experience I had in the last 10 years with an agency. They were very helpful throughout our tenancy and very prompt in dealing with our enquiries.I would choose this agency again!

  • Adam

    We have been clients of Samuel Estaes for over 10 years now, they have always provided excellent advice followed up by good results.
    I highly recommend.

  • the Villager hair salon

    I have been letting my property through Samuel Estates for many years now. The team are professional, friendly and always make you feel like you are being properly looked after. Highly recommended!

  • Harriet Freer-Smith

    As a private Landlord I have instructed Samuel Estates over many years
    to let my flats in Clapham and Balham. I have always found them to be highly professional, fast to react and extremely helpful.
    I would have no hesitation in recommending Samuel Estates to other landlords.
    I would add that their virtual tour of the properties has been fantastic through covid and resulted in top rents being achieved.
    regards Chris Freer-Smith

  • Steve Humphrey

    I feel compelled to write a review for my lettings agent, Samuel Estates.
    I have been using Samuel Estates for over 16 years now, on a fully managed/ tenant find basis for my buy to let flats in London and I can honestly say they have never let me down.
    They are always friendly, honest, helpful, polite and highly professional in their lettings management business.
    They treat both myself and my tenants with respect and empathy and are very responsive whenever there is an issue to be dealt with.
    This approach leads to happy tenants, many of whom have been in my flats for years at a time.
    Samuel Estates vetting process in sourcing me new tenants whenever necessary is also excellent and in 16 or so years I've never been let down by any of my tenants.
    I cannot fault Samuel Estates for their honesty and professionalism and they always go the extra mile to help me.
    As a customer I feel valued and supported. Both of these things are so important in this day and age.
    Thank you Paul, Chi, Ryan, Stefano and the rest of the team for your care, concern, support and efficiency.

  • Robert Whitwam

    I've been with Samuel Estates for over 15 years now and I have nothing but high praise for them; as a non-resident landlord they have made the task of being a landlord incredibly easy! They are most professional, incredibly useful when called upon and generally just very pleasant to deal with. I can highly recommend them to anyone.

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