Assetz has established a presence in the South East with the opening of a new London office for its buy to let division, based in Mayfair’s Berkeley Square. The buy to let specialist will offer a more personal service to its investors in the South and build stronger relationships with Londondevelopers through its new branch, headed up by newly promoted Head of London Business Development, Michael Sacks. Michael reports directly to the Group Managing Director, Duncan Pattinson.
The UK buy to let market continues to perform strongly as a result of a healthy private rental sector and high demand from cash rich investors seeking a high quality and safe home for their cash, which will deliver a reliable income in retirement. Assetz’ new London presence will not only enable those customers in the South East to benefit from opportunities across the UK, but it will also help existing investors throughout the country to access high quality buy to let property in London.
Michael Sacks joined Assetz two years ago as part of the UK Sourcing Team. The company aims to grow the London office to the size of the existing Manchester office within the next two years.
Michael said: “Assetz already deals with many of the most reputable developers in the country, but given the rate at which our database of investors is growing, we needed to be available for daily face to face meetings with developers, agencies and our customers in London and the South East.”
Stuart Law, Chief Executive of Assetz, added: “Londonand south-eastern property has an important role to play for many of our investors who wish to balance the strong rental yields from regional buy to lets with the greater current capital appreciation of property in the South, as part of a balanced portfolio.”