Buy2Let.com, a new property portal which gives first-time investors looking to acquire a buy-to-let property the opportunity to search online for their ideal purchase, has launched.
The portal, which is dedicated entirely to investment, allows would-be investors to search for property by location, type, price, rent and yield/annual return. It also shows whether a property is tenanted or vacant.
Since launch June 1, the site reports that traffic has increased by 1,200% in comparison with its pre-launch figures.
Over the next few weeks thousands of property investment listings will be added to the portal, sourced from some of the industry’s biggest names. This includes a franchised branch network of Northwood UK, Leaders and London-based agents Stirling Ackroyd.
The site also claimed that it has already had hundreds of enquiries from agents and that sign-ups have ‘rocketed’.
Bamboo Auctions, the portal’s exclusive auction partner, will list chain-free instant purchase opportunities, providing live online auctions of investment property.
Martin Wilkinson, founder of Buy2Let.com, said he is delighted to be launching portal. “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,” he said.
“We appreciate that some agents and developers simply don’t have the time to dedicate to the investment market, and we know that the current property portals simply do not cut it when it comes to marketing to investors,” he went on.
“Alternatively, Buy2Let.com provides the crucial pieces of information that investors need to make a purchasing decision. No other portal offers this level of insight or comparison, because they are not intended for the buy-to-let property investment market.”
Wilkinson predicts the yearly growth rate of the market could be up to £50bn and believes the new portal will be a vital resource to both agents and investors.
“We will continue to work with estate agents, developers, and corporate landlords, to source and list genuine buy-to-let investment properties, providing investors with a dedicated resource of property investments and analysis of the market,” he added.