Landlord advice at Viridium in Camberley

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13 Jan 2016

Investor event at Viridium in Camberley offers landlord advice

Author: Tim Foreman

With only a few months left until buy-to-let investors face higher stamp duty charges, local agents are experiencing an increase in the number of landlord enquiries - all hoping to clear a sale before April when a 3% tax increase kicks in. Camberley housebuilder Hodson Developments is holding a specialist buy-to-let evening on Thursday 21st January at its Viridium development just off London Road in order to help investors secure a property before the rise.

As well as demonstrating a range of properties that they have available for investment at the sought-after Camberley development, the housebuilder will also have experts on hand at the event to advise on future changes in lending criteria for buy-to-let investors.

Christie Alaimo, Sales Director for Hodson Developments comments: “Forthcoming changes in the buy-to-let market will not only make it harder to get a mortgage but also an increase in taxes will make stamp duty costs a bit more expensive.  Any investor looking to make savings when buying their next investment property will likely be aiming to complete on their purchase before the April deadline. “

Viridium, a stylish development consisting of one, two and three bedroom apartments at the heart of Camberley, has been extremely popular to date with buy-to-let investors.  Enjoying the high quality finish of the award-winning properties, the gated development appeals to landlords due to its convenient location and secure parking, with tenants quickly snapping up any available lets.

Viridium in Camberley

Christie continues: “Although popular with a range of buyers, Viridium has proved very appealing to investors with properties achieving a return of around 5%. As well as generating a healthy return on investment, the high quality build, finish and superb interiors mean they are buying a sound property that will require minimal maintenance.”

The one-off event has been designed to help investors understand what is available to them, giving them the chance to speak to a mortgage specialist and understand how they can complete a sale before they face a higher tax bill.

Christie adds: “We also have a range of special deals available on certain properties at the event which may prove even more appealing to any buy-to-let investor looking to reduce their upfront buying costs.”

Dean Meredith and his wife Carol have just bought their fourth investment property; a stylish two bedroom apartment at Viridium. Since purchasing their first property nearly ten years ago, the couple still believe that investing in property is the best way to plan for their children’s future and are even considering their next buy to let.

Dean continues: “We knew as soon as we saw Viridium that it was going to be a good investment. From our point of view as the property has been finished to a very high standard and is brand new, no maintenance needs to be done, meaning less upfront cost for us and tenants could move in straight away. We are looking at a rental yield of around 5% which we are more than happy with.”

Find out more about Dean and Carol’s investments.

The investor event will be held at Viridium on Sullivan Road, Camberley (GY15 3BA) on Thursday 21st January from 4pm until 7pm. Prices at the development start from £280,950 for a one bedroom apartment. To register for the event contact selling agents Romans on 01276 66693 or visit:

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