Landlords across the UK are reportedly encountering a series of dilemmas, from proposed changes to tenancy deposits to a tougher penalty regime from HMRC. Many landlords believe their only choices are to wait for a tenant to leave or sell at a significant discount.
However, Landlord Sales Agency suggests that landlords may have more options than they realise. The agency states it specialises in finding solutions for individual properties, partial portfolios, and entire portfolios, regardless of condition, often completing sales in under 28 days.
The agency aims to achieve 85–90% of vacant possession market value. It states that instead of paying upfront costs, a proportion of the equity in the properties is used to fund the sale, covering expenses such as estate agency commission and legal fees.
One landlord, Ian, reportedly approached the agency to sell a rented property with a tenant in place. He stated that within a month, an offer was accepted. When the purchaser wanted the tenant to vacate, Ian said Landlord Sales Agency handled serving notice and assisting the tenant with relocation expenses, leading to a successful sale.