How our customer builds a property portfolio

To continue with sharing our customer experiences we would like to share Mike’s journey with Fossey Taylor.

Mike is a CEO for a software company and is based in London. Prior to discovering Fossey Taylor, Mike had already invested in a couple of properties in the London area. He was looking for a better return on his next investment and was considering investing outside London where property is considerably cheaper.

Due to the high demands on his time from his job, Mike wanted to be able to outsource the acquisition and management of his next investment property. The idea of Fossey Taylor doing all the work and allowing him to be completely hands- off was very appealing.

Mike booked on to one of our discovery workshops in Nottingham to find out more about Fossey Taylor. “I found this day to be extremely useful.” When asked why, he said “They outlined the management process very well and I met the people who I would be dealing with. They seemed extremely straightforward and likeable.”

Following on from the discovery day and after some further communication, Mike decided to instruct Fossey Taylor to source him an investment property. Mike said “It was a surprise and a delight at how smoothly it all went.”

When asked why it was a surprise, he commented “As we all know, buying property can be quite a hassle. Fossey Taylor kept the process very simple, with lots of communication, and it was truly stress-free.”

“On the legal front, they recommended a lawyer from the area who is familiar with Fossey Taylor’s methods and processes, but I was free to go with whoever I wished.” I actually did use their recommended lawyer and again, I was surprised at how quick and painless the process was.“

We asked Mike about the refurbishment process. “Perhaps surprisingly, I never once visited the property. There wasn’t really a need to, as , Jesse and the team kept me up to date with the refurbishment via videos that I watched online.”

Once the refurbishment was complete, a tenant was found remarkably quickly. Fossey Taylor’s sister company were the letting agents, and managed the entire letting process seamlessly. Mike said “I now get regular monthly rental income from the property. The tenants must be happy and I’m very happy.”

We asked Mike whether he was looking to expand his property portfolio? He joked “Yes, based on this experience, I’d like to buy all the property in Nottingham“On a serious note, we used this property to test the water with Fossey Taylor. They achieved everything we expected and look forward to doing more with them.”