What have duck eggs got to do with selling our property portfolios?

What have duck eggs got to do with selling our property portfolios?

14:42 PM, 22nd November 2022, About 2 years ago

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It’s the headline we thought we’d never see: Tesco is joining Asda and Lidl in rationing duck and chicken eggs oversupply issues. It might seem like news out of your grandparent’s era, but it’s just another reflection of the effect rising costs and the economy is having on both our business and domestic lives.

It’s no surprise, therefore, that Landlords are looking to property sale companies to get their portfolios sold before Christmas and sail through what is looking like it could be an ever-uncertain economy.

For many of us, this means selling the whole portfolio in bulk, or at least the majority of the portfolio, and shifting our financial “dead weight” whilst getting the highest possible amount in our banks, perhaps holding onto only the last, most lucrative properties. But who do we turn to when we have so many properties to sell before the end of the year and with so many tenants?

For Shauna, a landlord of 30 years, she knew that selling her buy-to-lets in bulk was crucial.

The property portfolio she’d built over the years had become a financial ball and chain and it was obvious she needed to get out while she still could. Like many of us, she quickly realised that traditional Estate Agents and many private portfolio selling services just weren’t working. They either took years to sell or required her portfolio to be split up into smaller chunks for sale.

All that changed when she reached out to portfolio exit specialists the Landlord Sales Agency.

There’s never been a better time: our property portfolios which were once reliable machines creating a profitable monthly income have ground to a halt. Interest rates and taxes have risen in an almost exponential way, inflation and the cost of living has risen higher than ever before, and for landlords on tracker mortgages especially, concerns have mounted over deteriorating rental profits, with worries of future stagnation or worse deflating sales prices.

Then there’s the effects of the last year: Landlords fearing paying more tax than they’re making in profits. Added onto that has been the volatile mix of rising regulatory costs: EICR (electrical) certificates required for us to continue to rent legally, expensive refurbs and even more regulations and costs with EPC ratings (which for some of us has meant considering spending up to £10,000 per property).

It’s clear we need to downsize our portfolios to recoup costs and recover, perhaps even thrive despite the issues, but like Shauna many of us don’t want to deal with the painful stress of managing the sale of the portfolio in painstaking ‘three properties at a time’ pieces, chunk by chunk.

Selling the whole thing in one go might sound like a strategy reserved only for auctions who take a hefty percentage, but Landlord Sales Agency are specialists for a reason:

  • We have a powerful database of over 30,000 private buyers and portfolio buying companies who want to buy whole portfolios straight away before the year ends, and who are alerted every time we have a portfolio to sell
  • Because we focus on a quality fast sale, rather than a cheap fast sale, we ensure that our buy-to-let portfolios are sold not just fast, in less than 28 days, for a financially savvy 85% of the value (in some cases even higher) – which makes sense when we handle every single part of the sale for you, including liaising with all tenants, ensuring all certificates and licenses are in place, and allowing you to simply make the call to us then sit back and relax knowing we’re on it to get the whole portfolio sold before Christmas
  • There’s no one like us out there, and we’ve built up an unbeatable record for helping landlords which is why we’re the number one go-to company for our partners, including Property118.

Most landlords who contact us are like Shauna, and we’ve got the best team in the business to get the sale done in days rather than months or years. In Shauna’s case, she decided to keep 10 properties and give us 23. All of them were sold in one go within 5 days of listing. We don’t have to upsell our service, the results speak for themselves.

So if like Shauna you’re ready to sell before Christmas and enjoy 2023, get in touch today, and let us at Landlord Sales Agency do what we do best.

Contact Landlord Sales Agency

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