Mar
11

Landlords coming back to us: We’ll relocate your tenants and sell before May 1st for a higher price than the investor market

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Property118

Landlords coming back to us: We’ll relocate your tenants and sell before May 1st for a higher price than the investor market

Three years ago, landlords flocked to us to sell their properties. Interest rates had squeezed them, and they were desperate to steady the ship. Sound familiar? You might be one of them.

We got to work, helping over 4,000 landlords sell their properties or downsize until the ships were indeed steadied. And we got the job done. Now, three years later, those same landlords are back looking to sell. Why? Because in just two months, the Renters’ Rights Bill is coming in, and landlords are getting ready to brace.

For anyone else, especially traditional estate agents, two months might seem like an impossible task to downsize a few more buy-to-lets and get ready to sharpen up for the new regulations, but not for us at Landlord Sales Agency.

This is because there are 51 days left until the Renters’ Rights Bill comes in, and our average sale time is less than 28 days.

If you need help selling, you’re going to want to get in touch with us now.

Just last week, we shared the story of a Derby landlord who came back to us for a fast sale. With the Renters’ Rights Act approaching, he wanted to exit some of his more difficult properties but knew the usual routes wouldn’t work. Estate agents meant long delays and uncertainty. An auction meant accepting far less than the properties were worth.

Specialising in landlord portfolio exits, we stepped in to secure full tenant cooperation, protecting the value of the properties and allowing us to position the sale landlord-to-landlord.

The result speaks for itself. We sold 4 of the landlord’s 6 properties to a cash buyer with no searches and no survey, avoiding what could have been a nine-month court delay. Even better, the final price came in £30,000 higher than the investor market.

His story is not unique. Ian, a Landlord who came to us recently, shared that he initially spoke to Landlord Sales Agency because he had “a rented property which still had the tenant in and I needed to sell the property, hopefully with the tenant in place.” Within a short space of time, he’d not only been matched with one of our top property experts, but he also quickly came to an agreement on price and fees etc. Ian shared that immediately after, we’d advertised the property and had a firm offer with a deposit paid within just one month.

But as with all landlord properties, it wasn’t completely plain sailing, and that’s where our team at Landlord Sales Agency excels.

“The purchaser wanted the tenant to vacate, I left this totally in the hands of Landlord Sales Agency, who served notice on the tenant. They were in contact with the tenant and helped her with relocation expenses.” Ian went on to say that everything was resolved without him having to contribute any input or deal with any stress. The tenant moved and the deal completed. “I am extremely happy with the service received and thoroughly recommend Landlord Sales Agency.”

Another landlord, Ali, echoed Ian’s sentiments, adding that he had an “excellent experience using this company. Many other agents were not interested, as I had a tenant in situ, but these guys reassured me they would sell this place and contribute towards costs to help make this transaction as smooth as possible.” He followed up with saying we were a “5 star rating” and that “the business goes above and beyond to help!”

Landlords still need to be realistic on price. You’re going to get 85% – 90% market value, and a huge part of that strategy is in listing properties for very attractive guide prices, but ultimately, with no fees, full management of the sale and a team that gets the job done faster and better than anyone else, it’s a no-brainer. What’s more, we’ve got hundreds of repeat client landlords coming to us to back that up.

So if you’re looking to sell, and you want to get the job done before May 1st, let us do it for you.

This week in particular, we’re knocking it out of the park with landlords from the North West, so if your properties are based there, there’s no time like the present to get in touch.

No fuss, no hassle, no tenant issues and money in your bank before the Bill comes into play.

Please contact us using the form below if you need assistance.

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Mar
11

Landlords face £470m rent arrears across England

Author admin    Category Uncategorized     Tags

Property118

Landlords face £470m rent arrears across England

Landlords in England dealt with an estimated £470m in rent arrears over the course of a single year, according to an analysis of government data.

Research of official figures by the compliance platform, Propoly, found that 210,163 households fell into rent arrears during 2024-25.

The average amount owed across the year was £2,238, producing a national arrears total estimated at £470.3m.

London generated the largest volume of arrears with renters in the capital accounting for £109.5m of that figure.

‘Significant’ scale of rent arrears

The group’s chief executive, Sim Sekhon, said: “The scale of rental arrears we’re seeing across England is significant, with more than 210,000 households falling behind on their rent in a single year.

“When this equates to over £470 million in missed payments, it underlines just how exposed landlords can be when tenant finances come under pressure.

“For many landlords, rental income isn’t simply supplementary, it’s essential to covering mortgage repayments, maintenance costs and wider financial commitments.”

He added: “It’s been a challenging period for household finances, with higher living costs continuing to stretch budgets, so it’s little surprise that a growing number of tenants are struggling to stay on top of their rent.

“However, while the pressures may be understandable, the financial impact on landlords can be severe and, in some cases, destabilising.”

Regional rent arrears

The North West also exceeded £100m, with regional arrears reaching £103.1m.

After that came the South East at £61m, the West Midlands at £58.1m, and Yorkshire and Humber with £38m.

However, the South West recorded the lowest total, at just under £14m for the year.

Ratio of rent arrears regionally

The firm also found that a regional breakdown of households in arrears reveals that of the 210,163 households affected, 23.3% were in London.

The North West accounted for 21.9% of the national total.

The South East represented 13%, followed by the West Midlands at 12.4% and Yorkshire and Humber at 8.1%.

Meanwhile, the South West accounted for the smallest proportion, with just 3% of England’s total.

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