UK investors achieving average rental yields of 20% on US buy to let property with PCG Invest

Dec. 22, 2014 - PRLog -- With the revival in the US property market now well under way the trend for Britons to invest in the US is growing.  In 2014 PCG Invest (http://www.pcginvest.com/), a UK based property-sourcing firm helped its clients safely invest $6.4m in the US buy-to-let Real Estate market with net yields averaging 20%.

There is strong demand from good tenants in cities that are on the road to economic recovery, these tenants are often previous home owners who got burned in the recession and who do not want to or cannot borrow money to buy a home.

In 2014 the average property bought by our clients in the US was $32,000 (£20,000) with buyers achieving high yields on their investments compared to average of around 5% for buy to let landlords owning UK properties (Property Wire Nov 2014 (http://www.propertywire.com/news/europe/england-wales-rental-prices-201411219843.html)).

Most would-be investors have been priced out of the UK market and even for those who can afford the deposit it is no longer easy to take out a buy to let mortgage in the UK. On top of that the threat of interest rate rises, which are likely to happen next year, makes investing in the UK residential buy to let market prohibitive for most people.

Alister Weightman (https://www.trustpilot.co.uk/review/www.propertyconsultan...), A PCG Invest client says: “We now have 5 properties using the services of PCG in 2014. I carried out some due diligence on PCG and so did other family members including my solicitor son before we decided to take the plunge as we were frankly a little unsure.
Trust the experts, take the advice, be chilled during the process and you won't be disappointed. Good contacts in the US that provide additional support too.”

PCG Invest sourced approximately 220 properties for clients last year, many buying more than one property. All properties are fully managed by US based partners.

One of the biggest fears when becoming a landlord is empty properties, PCG Invest has achieved a 98.6% occupancy rate on properties they have found for clients with very short average vacant periods at 45 days in which time new tenants are placed.

Darren Brown, Managing Director of PCG Invests explains, “The US market is appealing to growing numbers of investors because there are a lot of opportunities out there, especially in cities like Detroit and Rochester, New York that were badly hit by the recession but are now recovering”.

“Our clients come to us because we source great properties and because they know that we follow a tried and tested process to ensure that their money is safely invested.  Due diligence and financial transparency are our top priorities. We work with licenced real estate brokers and legal professionals to ensure that clients’ money is safe during every step of the buying process. You hear horror stories about people buying really cheap properties only to discover that there are thousands of dollar of back taxes owed, or worse that the property they saw a picture of doesn’t really exist.  Many of clients come back and reinvest once they have experienced the process because they trust us and understand how it works and most importantly they know their money is safe and they are making money on their investments”, says Darren.

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www.pcginvest.com

For further information please contact: Caroline Ratner Communications, caroline@carolinecomms.com 020 8209 0120

Notes to editors

For other reviews of the service provided by PCG Invest please go to Trust Pilot https://www.trustpilot.co.uk/review/www.propertyconsultantsgroup.com.

PCG Invest provides income ready property investments in the US for overseas investors.  For more information about how the process works please go to http://www.pcginvest.co.uk/property-management.

Before you complete on any investment within our buy-to-let sales portfolio you will be provided proof of the rent being paid since the tenancy began, the current lease agreement, a full internal property inspection with video walkthrough if required, a clear title statement showing the property is clear of all debts and encumbrances and you will be connected to a professional management company to look after your property and tenants.