Are you a landlord or owner of buy-to-let-properties? Whether you’re an experienced buy-to-let property investor, or are dabbling to see if it’s a business that could suit you, what would you do if you found yourself in a situation where you need to quickly sell your buy-to-let properties? It’s a tricky situation and one that can be stressful to deal with, as property isn’t always quick to sell. The good news is we’ve got the perfect solution for you, so read on to find out more.
Why might you need to quickly sell buy-to-let properties?
Not everything in life goes to plan. Circumstances can change suddenly and unexpectedly, through personal life changes such as job loss, relationship breakdowns, illness or accidents. Such changes can disturb even the best laid plans, forcing you to re-think your priorities and re-assess your business.
Changes can occur with properties themselves too. The market can suddenly become unpredictable, you might not get the steady flow of tenants you’d expected, average rent values might not be what you’d hoped for and properties can develop problems that are costly to fix.
If you’ve relied on appealing to a certain sector of renters, such as employees of a particular industry or overseas students coming to train at a local college, and they suddenly change the location of their business, this could affect your buy-to-let property rental business too.
As you can see, there are a range of situations, circumstances and issues that can impact on your buy-to-let property business and may cause you to need to sell one or more properties quickly.
How to quickly sell buy-to-let properties
Finding yourself in a situation where you need to quickly sell buy-to-let properties may seem stressful, but it needn’t be.
The traditional approach to sell property has always been to use an estate agent. Typically, this involves having your property viewed, assessed and accepted by the agent, after which particulars are drawn up and detailed circulated. Potential buyers then view the property and put in offers, but it can take time for all this to happen.
If you’re currently renting out your property, it’s not always practical to have people coming to view it when there are tenants in place. Plus, your property might not be in tip-top condition to sell., or as pristinely styled as it would be if there were no current tenants. Not being able to show your property off to its best would normally be a disadvantage, as it could deter buyers and leave it hanging around longer on the market. It could also push down the advertised selling price and encourage lower offers.
Once you do receive an offer on the property, there’s no guarantee how quickly the sale will actually go through. The buyers are likely to require a survey, they might be selling a property of their own and you could get stuck in a situation involving a property chain and a long wait.
Such a scenario isn’t great, especially when you need to offload the property and recoup your money as quickly as possible. Thankfully, there is a solution.
Rather than opting for the traditional estate agent route, why not go straight to a company offering a quick house sale process? Molae Properties is a quick and easy property buying service that specialises in quick purchases. If you need to sell your buy-to-let properties quickly, without the delays typically associated with estate agents, it’s the perfect solution.
Once your property has been valued and you’ve received an offer, a convenient timescale can be negotiated – it could be as little as a few days or weeks. It’s a quick, easy and convenient process and a great solution for buy-to-let landlords who find they quickly need to sell properties.
Admittedly, you may end up with a lower than market value price quote, but for the speed of sale and peace of mind in circumstances which may be beyond your control, what’s not to love?
If you have a property located in London or within the M25 area that you need to sell quickly, get your cash offer today.
This depends on your relationship with your tenants and how tidy they are. If the relationship is poor and the tenants are obstructive it can truly prevent a property from selling. Consider giving notice to your tenants. If the relationship is good but the tenants are messy or the property is not clean consider providing a cleaner free of charge. If you have accommodating tenants consider a gift on sale of the property.
Contact a specialist property buyer such as Molae Properties at sellhousequickly.co.uk to see how we can help.