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Frequently Asked Questions

Everything you need to know about Clarice Carr & Company.

 

Why do you focus on investment property in Newcastle and North East England?

We know this region well, we know the local markets and we know the right places to look for buy to let and buy to sell properties.

The region is blessed with a wide range of housing stock and, because prices tend to stay relatively stable compared to other parts of the UK, we can give you a good idea of the figures before you sign on the dotted line. 

Why do you prefer to purchase properties that require refurbishment?

A property that needs substantial refurbishment will typically sell for 30-50% less than its potential value. This means that, by buying at the cheaper price and refurbishing, you can add value immediately. 

If you buy the property at a low price, invest in the refurbishment and then remortgage at 75% loan to value, you can then release funds for your next project, while building up equity in each property as you go. 

Are you an official investment or financial advisor?

We help you to find properties for buy to let and buy to sell investments. We can also manage the refurbishment process and provide advice on marketing and selling. 

We are not charted financial advisers and we do not offer any financial advice. We do provide a breakdown of the potential costs and profits relating to each property and we encourage you to seek professional financial advice before embarking on your property investment journey. 

Can't I do all this stuff myself? 

There are many people finding and managing their own property investments perfectly successfully. What we bring to the table is knowledge, experience, contacts and support.

Project management can be stressful, especially if you don't live in the area, so we also take the pressure off, so you can enjoy all of the benefits of property investment, without the downsides. 

Why do you recommend different types of property for buy to let and buy to sell?

Well, it's not quite so black and white. We base every property search on the budget and requirements of the client, which means that no two searches are ever the same.


Sometimes the criteria for a successful rental property can be very different from a buy to sell, and we know the best property types and locations for each one. That's where our local knowledge and expertience really comes into its own. 

Why do you recommend a multiple property portfolio?

Having a single rental property can be fine, so long as it's tenanted. If you have a period where it's empty, you will have the mortgage, Council Tax and bills to pay.

If you have three smaller properties worth the same, the overall rental yield will be higher and, if one is empty, the other can still generate an income. Upkeep costs will be a little higher, but the benefits far outweigh the downsides. 

Clarice Carr & Company

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©2019 Clarice Carr & Company Limited, Newcastle upon Tyne

Clarice Carr & Company offers a property consultancy and management service. Whilst we may find and/or manage a property on your behalf, and may charge a fee for this service, we neither offer nor recommend investments, mortgage products, insurances or any other regulated products. If you have any doubt about the suitability of the investment, or you require financial advice, you should seek a personal recommendation from an appropriately qualified financial advisor who does give advice.

Clarice Carr & Company Limited, (Company number 11158570), is registered at 424 Old Durham Road, Gateshead, NE9 5DQ. This website may contain illustrations of potential financial returns on a property. These are provided for guidance only and are neither guaranteed or warranted. The information on this website is governed by our terms and conditions of use. Before you make any investment promoted via this website, you must make sure that you fully understand that no guarantees are made and the value of a property can go up, as well as down. In the event that the property falls in value, you may lose some or all of your capital. Or, if rent is not received, for any reason (ie. void periods/non-payment), your returns may be lower than estimated.