9:14 AM, 6th July 2023, About 8 months ago
It’s a double-edged sword for landlords right now, with 1 in 3 landlords saying they’re going to trim down or get rid of their portfolios, coupled with the looming eviction ban in just 12 months’ time. It’s no surprise, therefore, that landlords are looking to sell as fast as possible.
But where do you turn if you’re a landlord right now who needs to sell during this crucial window, all whilst ensuring that you get the highest price possible for your portfolio and without taking an equity loss in the current market?
The answer is Landlord Sales Agency. Experts in property portfolio exits, we get the best possible prices, faster than anyone else. In many cases we’ll even get you higher than the current market value.
We’ll also sell your entire portfolio, or however many properties you need to sell, in less than a month. Our average sale time is just 21 days. And if that wasn’t enough to explain why so many Property118 landlords are coming to us, we can do all of that without you having to evict your tenants. Our private buying database of over 30,000 buyers is full of new landlords interested in coming into the market and taking the properties off your hands no matter what issues. With fresh investment, they are more than happy to take on a new project, allowing you to do what many of us need to do – fast – exit the market and cut our losses while we still can.
That’s exactly what happened when a Midlands based landlord reached out to us after her tax bill arrived this year. She’d had enough, and with some properties empty, others needing refurbs and the remainder with tenants paying low rents, she knew she had to get out to avoid being pushed into further financial difficulty. It was time to cash in, cut the losses and retire.
We were so confident about being able to sell her portfolio we did her a deal: initially she was selling two properties for £125K and another for £160K that had become recently vacant and in poor condition after the tenants left– we funded the £40K required for her refurbs and also provided the building teams and she sold for much higher prices of £240K and £300K respectively (making her an additional profit of £200K after costs).
After seeing the results, we allocated our team of experts to refurbing and repairing the remainder of her houses. We were able to sell the properties in her portfolio for an average of 39% above her original listing prices. For those vacant properties she had with equity in, we sold quickly through our investor network to cover her mortgages so these problem properties did not eat away at her equity profits from other sales.
This landlord is just one of the 150 landlords per fortnight who are rushing to us to sell their portfolios. It’s why we’re the best at doing what we do. At Landlord Sales Agency we:
We do exactly what we say we’ll do, and exactly what you need: we’ll sell your properties fast, and for the best prices. You won’t get a service like us from any other auctions or Estate Agents.
What’s more, we’re run by landlords for landlords, so we know exactly what you need, and we have a formula one style team of landlord experts and builders to help achieve it.
So get in touch today, and let us help you exit the market in the strongest possible financial position.
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