Feeling the heat? How we turned a landlord nightmare into a cool £12k win

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Feeling the heat? How we turned a landlord nightmare into a cool £12k win

With the British summer sizzling, it isn’t just the weather that has been making landlords sweat.

Between mounting red tape, opportunist tenants and aggressive council enforcement, many property owners are looking for a smooth, dignified exit from the private rented sector (PRS) in search of an easier way to make money with less risk and more profit than the PRS since the Renters’ Rights Act.

One such landlord in London, feeling the heat, wanted a clean, quick exit from the PRS and minimum friction with tenants keen to assert their needs first.

He had already wasted time trying to sell to a cash-buying company that claimed he could sell without having to tell his tenants. But, because they were unable to advertise the property to owner occupiers, the biggest investor offer they could find was so far below vacant value, it was too much of a compromise to accept.

A Fresh Approach: Proudly Transparent and Open

That is when he came to us. While others keep tenants in the dark, we take a completely different, collaborative approach. We engaged with the tenants directly, brought them into the loop, and treated them with respect.

It isn’t always the easiest approach and can be confrontational if handled incorrectly, but we are expert mediators, we understand the anxieties tenants face and know the value of having the option to sell with vacant possession should we need to.

We have 100% success rate at arranging vacant possession, typically without having to resort to bailiffs, and always without tenants choosing not to pay rent as a reaction to their landlord selling.

By getting them on board rather than freezing them out, the tenant drama melts, and it allows us to advertise properties we sell to owner-occupiers and mortgage buyers who are willing to pay vacant property value and push up the prices investors must pay.

Sizzling Competition, Cool Results

In just 22 days, with two cash buyers competing against each other and owner occupiers, the bidding war that ensued pushed the highest offer up by more than £12,500 over our highest expectations, on condition the sale completed with vacant possession!

Best of all? Not only did we turn down the heat for our seller, because of our fair fee structure, almost £12,000 of that unexpected bonus will go directly into the seller’s bank.

And with us managing the conveyancing and solving any problems that might arise as part of our superior service, no other estate agent provides, the seller can sit back and enjoy the sunshine while we do all the hard work, knowing:

• We will take full responsibility for arranging vacant possession
• The sale is secured by a non-refundable deposit
• We deliver on our claims
• The money they receive will not be affected by any expense we incur to arrange vacant possession and they will receive rent right up to completion date.

Refreshingly Reliable, Like A Breath Of Fresh Air

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 during or after the sale. That’s not the case with us. It’s what makes us different. We believe in complete transparency and take pride in going above and beyond, rain or shine, to deliver results that outshine expectations.

Our sellers normally walk away with 85 – 90% of vacant value in return for a faster, more reliable sale than high street agents can offer.

We solve every single problem, no matter what it is – no hassle, no stress and the entire sale managed for you including keeping or relocating tenants, EPCs and repairs.

If you are feeling the heat and want to explore a positive, respectful, way out, avoiding tenant drama and long court delays get in touch with our team today.

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