How the rise in house prices affects you as a Landlord, and why you should act now

There’s no doubt that house prices right now are not just high, they’re sky high. Experts and Associations have agreed that unlike previous property market highs, this year we’re experiencing a bumper rise. But what are the effects of this on landlords? And why are so many landlords keen to act before the year ends?

The right time to act?

The answer can be found in the demographic of many of the UK’s private landlords. Over the last three years, a new surge of landlords under 40 have begun to dominate the landlord sector. Knight Knox research reported that the average age of British landlords has decreased, with almost half (47 per cent) now aged under 40. The golden era of the older, arguably more experienced landlords is coming to an end, and many of us who built up our books with HMOs, buy-to-lets and flats are finally ready to take a step back, and cash in our portfolios for the highest price possible.

Until now it’s always been a case of timing: cash in too early and you don’t make as much as you could, cash in too late, and you miss the market high and are tied in to another 7 years of managing costly refurbs, tax bills and complex accounting. So with just two months to go until the end of the year, and with the market unlikely to be this high again in at least seven years, the conclusion is simple: the time to sell up your portfolios is now.

Selling Your Property Portfolio

Landlord Sales Agency specialise in assisting landlords sell tenanted properties; HMO’s, blocks of flats and portfolios. Established by co-founder of the National Association of Property Buyers and National Residential, David Coughlin, and private landlord Maz Saleem, our directors gained their status as industry experts from purchasing over 300 buy to let properties over the course of 15 years. From private portfolios, £1 million blocks of flats and HMOs to £10 million plus portfolios, we lead the way when it comes to enabling landlords to sell quickly and for the best price; we know first-hand what it takes to get the job done. Our strategy is simply based on an “any problem we can fix” mindset, coupled with an extensive network:

1. We have a database of over 30,000 buyers/investors and we send off-market alerts to those buyers to get properties sold quickest

2. We also have vast and strong B2B relationships with other companies who specialise in purchasing portfolios and HMO’s/blocks of flats – this minimises the need for viewings. Many buy without searches or surveys

3. We run a modern auction to create competition between our investor database and new buyers and investors we source from Rightmove and Zoopla. We run a bidding war to get the best price in an average of just 28 days

4. All purchasers pay 1% deposits (and sometimes buyers fees) and are chain-free and sign agreements to complete in 56 days. This is compared to traditional auctions that charge 10% deposits and have 14-28 day completions. The result is the smaller deposit and slightly longer timescale for completion means our auction achieves the same 95% completion rate as traditional auctions but often at much higher prices as it opens up the auction to those purchasing with finance

5. Our company’s culture is driven from the top-down to achieve the best price and fastest completion for sellers, along with the problem solving and drive to overcome every obstacle to get properties over the line. Every single issue is solved, even tenant issues, by working with incredible partners such as LandlordZONE to overcome any barriers that stand in the way.

We throw everything at it to get properties sold and completed. And because we’ve done it ourselves, no-one goes further to get it done for you too.

Conclusion

So if you’re interested in selling your property portfolio and cashing in, there’s no better time to do it than right now. Our experts are ready to help you.

Do you need help selling your property portfolio?

What are your options?

There are several options out there when it comes to selling, be it from private companies or larger portfolio sale outfits, and for those that think waiting might be the best option to get the highest price, you may even be tempted to list your portfolio with an Estate Agent. However despite what all these options promise, they’re unlikely to deliver what you need.

Most companies are unable to sell large portfolios in one go, they often need to break the properties down into chunks to sell to individual buyers. This can be frustrating as many of us are looking to get out fast, and with a clean, hassle free break. Then there’s Estate Agents: yes, they’ll get you 100% market value, but when you dismantle the strategy it doesn’t make economic sense: evict the tenants – which could take months, or even up to a year, then list each property one by one until the whole portfolio is sold – which brings with it a barrage of lengthy paperwork and time-consuming individual admin. We recently reported a landlord who attempted this and only ended up selling 14 properties over a whopping and painful 8 years. For that extra percentage value, the potential of lost income from the vacant properties while they’re on the market is very rarely worth it.

Who are the best portfolio exit specialists out there to help?

If you’re struggling to sell your property portfolio, or don’t know where to start, you’ll want to know about Landlord Sales Agency. Our team are specialists in both selling buy to let property portfolios in one go, in less than a week, and doing it in a way that beats anyone else out there.

Sell Your Property Portfolio In One Go

No need to spit up your properties into chunks to sell, no need to wait, and no need to settle on the price you want for the entire portfolio. We’ll take it all off your hands, and we’ll manage the sale for you from start to finish for 80 – 90% market value.There’s also no need to evict the tenants – we’re experts at selling tenanted properties meaning you can continue collecting rent until point of sale. Our team of experts have 20 years of experience in taking the entire portfolio off your hands, and our private buyer list of over 30,000 buyers wanting to buy whole portfolios in one go means we’re able to sell your entire portfolio in less than a week. And because we’re partners of LandlordZONE, we go above and beyond to deliver exactly what our landlords need.

Conclusion

So if you’re looking to sell your property portfolio, there’s no better team than the Landlord Sales Agency to get the job done. All you have to do is reach out, we’ll do the rest.

There’s never been a better time to sell your property portfolios than right now, while prices are highest

House prices are sky high, and it’s an occurrence that happens just 3 times every 20 years. We’re currently at the peak of property values, so it’s no surprise that experts and landlord associations alike are encouraging Landlords to follow in their footsteps and sell now whilst they can cash in for the best price.

We’re all in the same boat, having built up a handful of properties in our portfolio, we’re now facing higher tax bills than ever before, and the fear of our portfolios losing their value when the stamp duty holiday ends. As a private landlord myself, I understand all the challenges landlords are facing right now. It’s why I set up the Landlord Sales Agency, and the best team in the business to help, with over 20 years of experience behind us to solve every landlord problem, no matter what the problem. I’ve personally got 2,500 houses over the line and sold, even with tenants still in the properties. There’s no issue myself and my team can’t overcome, delivering win-win solutions for landlords, so they can sit back and relax knowing everything is in hand.

A study conducted by landlord insurance provider Simply Business found that over a quarter of landlords have already made the decision to reduce the size of their property portfolios. That number is set to increase as landlords cash in whilst they can still get the best prices before the 30st June. You need a company you can trust, who will take away the hassle, and make sure you get the best price, fast. That’s where we come in.

Here at the Landlord Sales Agency, we know exactly what to do, and as it’s founded by landlords for landlords, there’s no better team in the country to solve all your issues. We’ll raise the cash you need by getting the best price for your properties, whether it’s in selling part of your portfolio, or selling the whole portfolio. We’re faster than any other company: all our properties sell within 28 days or less.

What’s more, we’ll go that extra mile to not only solve your tax issues, we can even pay your tax bills for you with cash advances, that’s how confident we are we’ll get the job done.

Recently a landlord approached us with a portfolio of 5 tenanted properties that spanned from Staffordshire all the way up to Newcastle Upon Tyne. Like many landlords who’ve been approaching us recently, he wanted to sell up his portfolio fast, but get a great price. We promised him exactly that. With a mixture of marketing to both investors and first-time buyers to drive up the prices, and Covid-friendly video tours, we went all out to keep that promise.

The first property sold in 2 days. 10 days after that 2 more sold. By day 24 the fourth property had sold in Durham, and by day 26 the last and final small property was sold in Lancashire. The fifth property was sold to a buyer who was so happy with the photos and the video tour we’d got from the tenant, he made an offer without even viewing the property.

The only task the landlord had done throughout the sale was make the decision to contact us to sell. We handled everything else.

It really was that simple. £500,000 made in 26 days with zero hassle, worry or stress.

The landlord was able to sit back and enjoy just over 3 weeks of relaxation knowing he had the best team in the UK solving every single challenge for him.

Whether it’s selling part of your portfolio to release cash to pay the upcoming tax bills, or selling your full portfolio now before house prices fall, Landlord Sales Agency are doing it, solving all your problems in a way that no other company is doing.

So if you’re a Landlord who is considering selling your property portfolio, get in touch today and see for yourself what we can do for you.

Landlord overjoyed as he sells his entire tenanted property portfolio in 26 days for £500,000

Half a million pounds earned from the comfort of your sofa in just under 26 days. For a landlord who contacted us from Wandsworth that’s exactly how he celebrated his week.

If you’re a landlord and you haven’t yet heard of us here at Landlord Sales Agency, you’ll definitely want to. Established in 2006, we pride ourselves with our “any problem we can fix” formula, led by myself, founder and industry expert, David Coughlin. It’s that experience, combined with the fact that I’m a private landlord myself, which has allowed us to become the best at helping landlords sell.

If you’re looking to sell your buy-to-lets, were the team to do it. We use a modern auction strategy which combines the best prices of estate agents with the speed of auctions. Along with our bespoke problem-solving, it’s what makes our modern auction unbeatable compared to any other company. No matter what the obstacle, our team’s expert knowledge and experience has allowed us to find that sweet spot for both the landlord and the tenants.

How we did it in 26 days for a Landlord who contacted us to sell

Earlier in the month a landlord approached us with a property portfolio of 5 tenanted properties that spanned from Staffordshire all the way up to Newcastle Upon Tyne. He’d read about us here and wanted to see if we really could deliver what we say, especially because selling tenanted properties is often a challenge. Like many landlords who have been approaching us recently, he wanted to sell up his property portfolio fast, but also for the best possible price.

We promised him exactly that. The highest price for his buy-to-lets, no matter what hurdles needed to be overcome.

  1. First, we marketed the properties to both landlords and to first-time buyers in order to get as many buyers as possible in competition with each other to drive up the price through our 28-day auction. Rather than just targeting other landlords who want to buy, we know how to negotiate with tenants to leave for first-time buyers to move in, which also means this added competition leads to investors paying a little more than otherwise.
  • To keep the tenants on board to do the viewings, and so we could market the properties to their maximum, we paid them to help us with getting photos and video tours and to allow us access for viewings. It cost us less than £200 to get the all the materials we needed, and the money ensured the cooperation of the tenants. No other agents will pay this and landlords are unlikely to propose this, which is why we get access to sell properties quickly and for the best prices, like we did in this case.
  • Of the 5 tenanted properties, three were sold to other landlords, and we assisted the tenants of the other two properties to move out by helping them financially at no extra cost to the landlord. We paid for it out of our agency fee. The first property sold in 2 days. 10 days after that 2 more sold.
  • By day 24 the fourth property had sold in Durham, and by day 26 the last and final property was sold in Lancashire. The fifth property was sold to a buyer who was so happy with the photos and the video tour we’d got from the tenant, he made an offer without even viewing the property.

All the properties sold via our online modern auction with the additional help of our team going the extra mile to keep tenants onside throughout and to get the very best price for the landlord and win-win solution for the tenants.

The only task the landlord had done throughout the sale was make the decision to contact us to sell. We handled everything else.

“All the staff have been amazing. The head of sales and David have been brilliant, I’m really pleased with the sales and the prices. I’d recommend them to everyone. They’re fantastic.”

– Landlord, Wandsworth

It really was that simple. £500,000 made in 26 days with zero hassle, worry or stress. The landlord was able to sit back and enjoy just over 3 weeks of relaxation knowing he had the best team in the UK solving every single challenge for him.

No matter what issues arise, we really do overcome every single obstacle to get your properties sold for the best prices. We’ve done it time and time again.

Why right now the best time to sell your property portfolios

There’s never been a better time to sell your property portfolios than right now. House prices have been predicted to fall following the end of the stamp duty holiday on 31 March, so now is the perfect window to release the cash in your portfolios and sell up. We’re the team for the job, a team you can trust, who’ll get it done quickly, for the highest price.

Is Covid really a problem for Landlords trying to sell?

Despite what you may have heard or experienced, the answer is no, it doesn’t have to be. During Covid we’ve decided to go all-out to help landlords who are hit by section 24 taxes, by the pandemic, and by the evictions ban – as we have investors who want to get into the buy-to-let market, so we’re acting as a consultancy/sales machine in the middle.

We do a far better job at getting the best prices for tenanted properties and getting deals over the line than traditional estate agents do. We hand-hold tenants whose landlords are selling up and we also have national reach unlike most local agents helping landlords sell their portfolios in different locations.  Not only that we have landlords who will buy properties where tenants totally refuse to cooperate and allow access for viewings or surveys. We have even sold properties recently for amazing prices where the tenants are not paying the rent.

You only have to read our reviews on Google and Trustpilot to see that we’re a company who absolutely delivers what we say.

So if you’re a Landlord who wants to sell their property portfolio, get in touch, and see for yourself what we can do for you.