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Latest Research The Stoneyard Plan The Stoneyard Process FAQs
  1. How much do I have to invest?
  2. What if property prices fall?
  3. What if I can't rent?
  4. Who can I arrange my mortgage and insurance through?
  5. Will I have to find the tenant myself?
  6. Do I have to furnish my property?
  7. What if something goes wrong?
  8. What happens if my tenants don't pay the rent?
  9. What if I have to evict the tenant?
  10. Term - how long do I need to hold the property for?
  11. Charges - how much will Stoneyard charge me?
  12. What taxes am I liable for?

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  1. How much do I have to invest?

    Approximately £25,000.

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  2. What if property prices fall?

    The initial discount of 10-15% helps to insure against fluctuations in the market, therefore reducing the risk of the property.  Demand for buy to let increases as house prices fall.

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  3. What if I can’t rent?

    Research has shown that on a national level 80% of properties are rented within 6 weeks of falling vacant.

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  4. Who can I arrange my mortgage and insurance through?

    Stoneyard Approved Brokers.

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  5. Will I have to find the tenant myself?

    You could organise it yourself or you could choose to use a letting agent.
    The benefits of using a letting agency are:
    • They have a bank of tenants;
    • Faster let;
    • Let only and let & manage;
    • They will reference the client.

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  6. Do I have to furnish my property?

    No, however it is best if you do for a quicker let and to cater for corporate clients.  Stoneyard’s furniture partners offer a turn key solution and interior design, which is more cost effective. 

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  7. What if something goes wrong?

    You can have emergency assistance cover up to £500 for parts and labour, and if you have a letting agent you can leave it to them.

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  8. What happens if my tenants don’t pay the rent?

    You can take out a rent guarantee insurance policy which will cover the rent for you.

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  9. What if I have to evict the tenant?

    Legal expenses cover will cover all the costs associated with eviction.

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  10. Term - How long do I need to hold the property for?

    It is recommended at least 5 years to see some growth.

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  11. Charges – How much will Stoneyard charge me?

    2% of purchase price plus VAT is payable on reservation.

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  12. What taxes am I liable for?

    • Income Tax
    • Capital Gains tax (on sale)
    • Potentially, inheritance tax

      However, if a transaction is arranged properly from the start you can reduce your tax liability and take advantage of relief and allowances, making property a very tax efficient investment.

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