11:47 AM, 8th April 2022, About 3 months ago
There’s no doubt that now is the time to start downsizing our property portfolios. With many of us reaching our 50s and 60s, the property machines we built have become more of a financial burden than a financial gain. Taxes, legislation changes, the cost of meeting new regulations, £10K refurbs, incorporation costs… the list goes on. It’s time to sell up and cash in before house prices start to drop. But what if you still have tenants? What if the properties need refurbs? What if you want to sell in bulk? How can you cash in and downsize for the highest possible price, fast?
Meet four landlords who chose to scale back their portfolios and why they found selling their properties through portfolio exit specialists better than trying to dismantle the business and sell vacant properties individually.
Having previously taken 14 years to vacate and sell 14 properties with other agents, Shauna was looking for a faster way to retire. We found a buyer for 23 tenanted properties in less than 1 week and completed less than 4 months later. “I can’t praise you enough.”
When Alasdair decided to scale back due to the workload involved in running a portfolio of 200+ properties, he came to us because he wanted to sell 35 properties with minimal involvement or void time. “You did exactly what it says on the tin.”
Frustrated by time wasting estate agents who promised the earth but never delivered, Frank appreciated realistic valuations and transparent costs he could trust.“We were extremely pleased with the work you did for us.”
Farouk turned to us for a fast sale so he could clear the mortgages when changes in interest relief tax turned an annual income into a loss. “I was thrilled.”
We mean what we say here at Landlord Sales Agency when we promise we’ve got the answer to all your property portfolio issues. Our results speak for themselves – with over 20 years of experience helping landlords sell properties with or without tenants, in any condition for 80% – 90% of the market value in return for a much faster and more convenient sale than through traditional estate agents sold as individual properties.
We project manage every aspect of the listing all the way to completion including liaising with tenants to reassure them so that they do not obstruct the sale in any way. We lock in buyers at an early stage to ensure 95%+ of agreed sales complete and, as Alasdair mentioned in his testimonial, because landlords get rental income until the day of sale and don’t have to withstand long periods of empty properties, or have multiple conveyancing fees, our way of selling delivers huge financial benefits compared to selling individually. Overall, it simply makes the most financial sense. A fast sale, in less than 2 weeks for the highest price possible, and all you have to do is get in touch.
What’s more, we have a list of over 30,000 buyers lined up who are looking for ready-made portfolios with ready-made tenants. Our private buyers and investors combined with our expert strategy is why we’re able to sell whole buy to let portfolios faster than anyone else.
So get in touch, and see what we can do for you.
Previous ArticleNo-one should be criminalised simply for having nowhere to live
Next ArticleMould after grant funded insulation?