It was an evictions ban that was due to end on the 31st March, but the government has announced an extension to the ban on evicting tenants. A survey conducted by This Is Money showed that 70% of landlords have been contacted by tenants worried about paying rent.
Tenants that can’t pay rent, and Landlords that can’t evict them. That coupled with house prices predicted to fall following the end of the stamp duty holiday in June, and it’s clear that now is the perfect window to release the cash in your portfolios and sell up. Experts and Landlords alike are agreeing, there has never been a better time to sell your property portfolios than right now.
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 recent evictions ban.
“We have seen an increase of landlords at Landlord Action desperate to gain possession from tenants failing to pay the rent, so they can sell their properties. With possession times taking the best part of a year including new notice period times, I envisage a lot more landlords will be selling their properties with tenants in situ.” – Paul Shamplina
National Residential, a trusted company who are known for their “any problem we can fix” formula are taking the lead when it comes to selling portfolios fast and for the highest price. Founded by industry expert, David Coughlin, in 2006, National Residential have been able to provide the best solution for Landlords. 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, National Residential are doing it, and they’re even doing it with tenants still in the properties, overcoming the eviction bans in a way that no other company is doing.
Helping Landlords Sell
Being a private landlord myself, I first-hand understand the issues and challenges facing landlords right now. Now is the perfect time to sell, so it’s about overcoming problems fast, but also in a way that means both the landlord and the tenant are happy. At National Residential we know how to solve every barrier that landlords come up against, even for example when they can’t gain access to their own properties.
How we sell Landlord properties
Like many landlords at the moment, you may be considering selling either all or some of your buy-to-lets. Now is the right time, and we’re the team to do it. No matter what the obstacle, my experience, combined with my team’s expert knowledge, has allowed us to find that sweet spot.
Earlier in the month a landlord approached us with a 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. 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. The highest price for his buy-to-lets, no matter what challenges needed to be overcome. With a mixture of clever 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.
No matter what issues arise, we really do overcome every single obstacle to get your properties sold for the best prices. On top of this, as with every case, all our buyers are chain free and pay 1% (min £2500) deposits, ensuring that buyers, regardless of whether they’re first time buyers or investors, are financially committed to the sale from the start and are able to complete quickly.
There’s no better time to consider selling your property portfolios than right now, and you only have to read our reviews on Google and Trustpilot to see that we’re a company who absolutely delivers what we say every single time.
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.
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