The Landlord Sales Agency retains unrivalled experience in the landlord property sales industry having purchased over 300 buy to let properties over the last 15 years. Their expert knowledge provides them with a unique understanding of the challenges you face, both in running your properties and selling a property portfolio.
This week The Telegraph hit the nail on the head when it reported that landlord profits had collapsed in the past decade following an onslaught of taxes and red tape.
I never expected my recent interview with The Telegraph to “go viral” when I spoke to them explaining why so many landlords are feeling the pinch and exiting the market.
A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Reform Bill, mounting financial pressures, the list of reasons goes on.
There is some uncertainty to what it actually means in practice until the details are written down but could the proposed hardship test mean even if your tenants won’t pay their rent, you will not be able to evict them if that makes them homeless or financially disadvantaged?
Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.
If you were looking for a sign on whether or not to downsize or expand your property portfolio, this weeks’ news provided mixed messages on how landlords might be affected by Buy-to-let (BTL) mortgage rates.
