Recession is looming around the corner. It’s an unavoidable topic, and smart landlords are reacting fast. A report by Propertymark found a massive spike in landlords getting out of the rental industry and that 53% of buy-to-let properties sold in March 2022 left the private rented sector (PRS) completely. It is becoming clear that landlords can no longer avoid the decision of whether to sell before the recession and cost of living crisis hits prices and sales.
Act fast before a potential downturn
There’s no doubt that the time to act is now, and the sooner the better. Landlords cashing in now will not only get the highest price for their property portfolios, they’ll also avoid the legislation changes that will inevitably make holding onto a portfolio a huge financial drain. Experts are suggesting that even selling part of your buy-to-let property portfolio is a wise decision.
“it’s the highest release of equity you’ll get for another 7 years, and you’ll need it to weather the storm, even if you’re financially secure, if you’re thinking of retiring or stepping away from the hassle of being a landlord, you won’t get another window where prices are this high for almost a decade from now.“
David Coughlin, CEO of Landlord Sales Agency
The easiest way to sell your property portfolio
Landlord sales agency have decades of property selling experience and specialise in selling property portfolios.
“Unlike other companies, we have a list of buyers who will buy your properties without having to evict tenants. This dramatically cuts down the time it takes to sell, plus means that you can continue collecting rent all the way up until the actual sale.”
For those properties that require evictions, we personally help your tenants relocate, or help them financially to find a new place. We understand how to navigate those relationships, so you don’t have to worry, even with tenants that have been in situ for years. We know exactly what to do to help them. Leave it to us.” They’ll take it all off your hands, and get you the highest price for your portfolios in less than 21 days. “We sell entire property portfolios, or partial portfolios in bulk in one go. We don’t just solve tenant issues, we’ll solve ALL issues your properties might have: if any certificates are missing, we have a team of engineers, builders and experts who will get all the certificates and paperwork done for you.
We’ve got an extensive list of over 30,000 private buyers and relationships with the top property buying companies. Most of our portfolios sell within a week.
You’d think that for so much work, landlords would have to compromise on the sale price, but that’s not the case. “We typically achieve 80 – 90% of the market value, and for that we cover all the costs and take away all the hassle that comes with selling the portfolio. We’re completely transparent, so you know exactly what we’re making. You won’t get a higher price for the service, and any company promising you 100% market value is hiding a huge list of costs that are going to come after the sale. That’s not the case with us. It’s what makes us different.
We want to help, and we understand that now is the time for landlords to get out before the recession hits. It’s a crucial time, and we’re here to get the job done for you.”
If you want to exit the market before the predicted fall in property prices, talk to us today.