We’ll give you a Cash Advance before Christmas and even purchase your property portfolio for cash in 2024

It’s almost the end of the year, and for landlords who can’t afford to wait and need cash now, Landlord Sales Agency are here to help.

After seeing an increased number of landlords dealing with financial matters plus property sales with issues that could take months to resolve, we knew that we needed to provide a solution to take properties off landlords hands and give them a cash advance upfront before a sale completes, allowing them to relax while we resolved all the issues on their buy-to-lets.

So before the year ends, we’ve opened up our fund to give landlords cash advances before Christmas. A lump sum, in your bank, straight away.

For those that just want to just sell properties quickly to rid themselves of the headaches and free up cash as soon as possible, and don’t mind taking a bit less, then in early 2024 we will be able to offer a quick cash purchase, no nonsense, with a completion in just 14 – 28 days. 

It’s a huge relief after news of increased mortgage costs, bigger tax bills, refurb costs and tenants who can’t afford to pay rent or to leave. No more waiting for the properties to be ready for sale, or worrying about meeting the regulatory standards – we’ll take the whole thing off your hands.

How does the cash advances and cash purchases work? For those who need to act fast, we can offer you a price to buy your properties for cash for 75 – 80% of the market value (a huge bang for your buck to get rid of all your problems quickly).

We understand that this cash price will not work for most landlords so if you are one of the many who need a higher price and simply need a smaller amount of cash now to resolve urgent financial matters, and you can wait a few months for your property sale to complete, we can offer you a cash advance. The cash advance gives you the funds to pay bills and give you breathing space so we can assist you with resolving tenant and property matters to maximise value for the sale of your property.

This cash advance is of course subject to the available equity in the property and status of any sale. The cost for the advance depending upon the amount needed and available legal security.

Whichever option you choose, both are solutions are already working, and making a huge difference to landlords.

Recently, a landlord came to us with two properties in poor condition with one realistically valued at £125K and another at £160K but £210K and £300K after refurbishment.  After getting access to the properties, we were able to jump in and renovate them, spending £40K on each refurbs to bring them up to the highest possible standards ready for sale. We also paid the mortgage shortfall for the landlord up until the refurbished properties sold and completed.

The newly refurbed properties were in mint condition and generated a bidding war of demand, allowing the landlord to find buyers for both properties at full market value in just a couple of weeks. Instead of receiving just £285K for her properties, the landlord sold them for a combined price of £510K (£210K and £300K respectively.)  After paying back our £80K refurb costs and £10K mortgage payments plus our fee for advancing funds, the landlord was over £90K better off.

It’s a no-brainer for landlords who’d be waiting for months, if not years to receive any cash from their buy-to-lets. Whilst every case is subject to due diligence and valuation, we’ve been happy to take on most of the properties landlords have approached us with.

For landlords with portfolios rather than individual properties, we’re able to take over the mortgages and give them cash, allowing us to spend 12 – 24 months helping them sort out all their issues, no matter what the condition, to get them the highest possible price on sale.

No hurdles are a match for our team of experts, we have resources to get the job done, and we’ve got the funds to do it.

So if you’re a landlord who needs to act fast, contact us today, and let’s get cash in the bank before Christmas.

Share This Article