It’s a mixed bag for landlords at the moment, with previous uncertainties around EPC regulations and the stress of mortgage repayments. For accidental landlords, or older landlords who’ve been hit badly by the rise in interest rates, there’s a rush to cut their losses and sell. But landlords need to be careful.

A recent report by the comparison site Uswitch revealed that around a third of landlords claim they intend to sell a property within the next 12 months, and there’s good reason: in the final three months of 2023 there were 500 buy-to-let mortgage repossessions, up an astonishing56.3 per cent on the same three months of the previous year.

To put things into perspective, at the end of 2023 therewere 13,570 buy-to-let mortgages in arrears, representing a 123.9 percent increase compared to the end of 2022.

For distressed landlords, “waiting it out” or relying onrent increases is far too high risk. So what’s the solution?

While many landlords are choosing to sell entire portfolios and exit the market, the majority are opting to downsize by selling up their lowest performing properties. But many of us don’t have the time to wait months or even years for Estate Agents to sell, or take the risk of selling at an auction and ending up with negative equity by the time the deals complete.

Selling at auctions are well known to leave us walking away with as little as 70% of the market value; a huge loss for a quick sale.

Enter Landlord Sales Agency. We’re not only trusted portfolio exit specialists, we focus on getting landlords the highest prices for their properties in the fastest timescales. On top of that, unlike other companies, we take on the entire management of your portfolio sale from day one, and we solve every single one of your problems to ensure you get the smoothest possible sale:

-         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.

-         No matter how many houses you have, or in what condition, we’ll take them all off your hands, and get you the highest price for your portfolios in less than 28 days. We can sell entire property portfolios, or individual buy-to-lets.

-         We’ve got an extensive list of over 30,000 private buyers and relationships with the top property buying companies which creates a bidding war for your properties, allowing us to achieve much higher prices than auctions.

We work quickly to collect information about rent, tenant history, running costs and ensure all certificates are in place to guarantee the sale is not delayed. 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. The stress is completely removed out of the sale, and seller involvement is kept to a minimum so you can relax knowing it’s in swift and extremely capable hands.

We’re so confident in what we do, we can afford to go the extra mile to really help landlords get the highest possible price for their properties.

We’ll also ensure we never compromise on the sale price no matter how much work your portfolio needs. We typically achieve 80 – 85% 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.

So if you’re a landlord looking to sell, it’s time to get in touch with the experts: we know exactly what to do, and we’re here to get the job done.

All it takes is one call and we’ll get stuck in. What’s more, if it’s not for you, there’s no obligation to sell.

Let’s get started. Talk to us today.