Most of us have smart phones but did you know that there are plenty of apps available for property investors too? Here we look at the best apps available for property investors.
All of these Apps are for iPhone unless otherwise stated.
Asses any potential investment on this clever app, it allows you to take a longer term view of how any investment will perform for you. You can select your own rate of appreciation, timeframes and mortgage rate. Although it initially looks complicated, the app is really easy to use. You can also upgrade to the pro version for 69p which will allow you to asses multiple investments at any one time but the free version will be enough for most investors.
This is the biggest and arguably the best property website in the UK and it doesn’t disappoint when it comes to their free app. It has all the features you would expect and more. We like the current location feature which allows you to search your immediate area, ideal if you’re viewing an investment property and want to get an idea of rental comparables in your immediate area. You can also save properties you find to refer to at a later date. Best of all, this app is free!
This simple app is perfect for quickly working out potential mortgage costs. It calculates both interest-only and capital and repayment but be aware, it doesn’t take into consideration any extra costs like arrangement fees. Still, for free you can’t complain.
4. TMW Calculator – Also on Android and Blackberry
The Mortgage Works (TMW) is a popular provider of buy to let mortgages due to their market leading 80% LTV product. Enter your property details and the app will give you potential options. We always advise you use a mortgage broker but as a first base for enquiry it’s a great app.
Not ready for the real thing yet? Then this app may be just for you. Build your own property empire from your phone and even challenge friends. Yes, this last choice is a bit of fun, it’s a more expansive version of monopoly – very addictive and enjoyable. Just don’t forget to do the real thing!
What do you think, do you find any of the above apps useful or do you think we have missed some out? Let us know in the comments box at the bottom of the page.