15:16 PM, 4th November 2021, About 11 months ago
There’s no doubt that house prices right now are not just high, they’re sky-high. Experts and Associations have agreed that, unlike previous property market highs, this year we’re experiencing a bumper rise. But what are the effects of this on landlords? And why are so many landlords keen to act before the year ends?
The answer can be found in the demographic of many of the UK’s private landlords. Over the last three years, a new surge of landlords under 40 have begun to dominate the landlord sector. Knight Knox research reported that the average age of British landlords has decreased, with almost half (47 per cent) now aged under 40. The golden era of the older, arguably more experienced landlords is coming to an end, and many of us who built up our books with HMOs, buy-to-lets and flats are finally ready to take a step back, and cash in our portfolios for the highest price possible.
Until now it’s always been a case of timing: cash in too early, and you don’t make as much as you could, cash in too late, and you miss the market high and are tied into another 7 years of managing costly refurbs, tax bills and complex accounting. So with just two months to go until the end of the year, and with the market unlikely to be this high again in at least seven years, the conclusion is simple: the time to sell up your portfolios is now.
Landlord Sales Agency specialise in assisting landlords sell tenanted properties; HMO’s, blocks of flats and portfolios. From private portfolios, £1 million blocks of flats and HMOs to £10 million plus portfolios, we lead the way when it comes to enabling landlords to sell quickly and for the best price; we know first-hand what it takes to get the job done. Our strategy is simply based on an “any problem we can fix” mindset, coupled with an extensive network:
We throw everything at it to get properties sold and completed. And because we’ve done it ourselves, no-one goes further to get it done for you, too.
So if you’re interested in selling your property portfolio and cashing in, there’s no better time to do it than right now. Our experts are ready to help you. Just fill out the form below with your details, sit back and relax, and let us do the rest.