16:30 PM, 4th October 2024, About 3 months ago
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We’re two months away from December. New legislations, tax, and changes for tenants are around the corner, and understandably the race to sell before the end of the year is well and truly on.
Last week a whopping 71 landlords contacted us looking to sell. Their biggest worry? They didn’t want to just get rid of their buy-to-let portfolios, they wanted to get rid of them as fast as they possibly could. The feedback was unanimous: “we want to sell quickly, and we don’t mind taking a small cut to get rid of the properties straight away.”
Why? Because, put simply, it looks like we’re about to reach a turning point where the property portfolios that many older landlords have built over the years are more work and cost then they are gain. For many landlords, that crisis boiling point is now.
Last week, Shirley, a Property118 landlord, shared with us that it was indeed the “end of an era” and that taking a bit of a cut was fine by her because it meant that she wasn’t paying mortgages for 18 months while waiting for properties to sell with tenants “scared away.” These sentiments were echoed by Shauna, Alistair, Roy and Farouk, all seasoned landlords who also reached out to us feeling it was time to “get realistic” about the current situation.
As a landlord myself, currently in the process of exiting, I get it. You can sugar-coat it all you like, and you can’t be blamed for seeing these new landlords coming in and buying properties and think “perhaps it’s okay, and all I have to do is stick it out,” but that simply doesn’t make financial sense anymore.
The fact of the matter is, we need to shift the dead weight, and fast. And if – and it’s a big if – we’re going to stay even slightly in the game, we really only want to do it with a small handful of great-performing buy-to-lets and cut our losses and cash in the rest before it’s too late.
So what’s the solution for those 71 landlords who approached us? At Landlord Sales Agency we’ve listened to what landlords want, and with just 2 months until the end of the year, landlords clearly want to act faster than ever before. Because of this we’ve brought on the very best team in the business to assist.
For landlords who want an off-market sale, fast, we have 13,000 cash buyers who will buy in 28 days and complete at 75%. That’s cash in your bank in less than 4 weeks and the entire headache taken off you. No need to worry about your tenants – we’ll take them off your hands too – our experts know exactly what it takes to negotiate deals, help tenants, and in some cases even pay for them to be relocated or reimburse rents. We’re dedicated to win-win solutions where everyone walks away happy. There’s absolutely nothing stopping us from getting your properties sold.
We recently put a property up in Hull for sale and within 1 day we had 30 buyers wanting to view the property. We have access to phenomenal demand to help you get out as fast as possible.
For the small hit, you’ll have the entire thing taken off your hands in less than a month. It’s a no-nonsense solution for landlords who just want to get rid, and don’t want to bother hanging around.
Why waste your money in something going downhill, when you can reinvest it elsewhere in something substantially more profitable in just a month?
And, just because we sell fast, doesn’t mean we still won’t work to get you the absolute highest price for that 75%. In select cases where building works might affect the price, we’ll even send over our teams of builders to help refurb the properties for you to get you the highest prices possible. We’ll simply recoup the costs at the end of the sale.
So if you’re a landlord in the exact same position as we are, fill in the form below and we’ll give you a call to chat.
We’re here to sort it all out, and get you back on the road putting your money into better-spent investments.
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