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Selling a Buy To Let Investment Property Portfolio?

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We don’t blame you, after all the landlord bashing in the media, you’ve probably had enough of it and decided to sell your buy-to-let investment portfolio. 

With interest rate rises and tax on turnover rather than profit, you’ve probably found better opportunities to invest your cash in or perhaps you are looking to retire.

You may have a range of properties from houses, bungalows, semi-commercial or commercial properties held in individual names or a Limited Company ownership.  We are here to help.

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Are you looking to sell your buy to let investment property portfolio following Section 24 tax changes?

It is possible that you bought your buy-to-let properties during the buy-to-let boom years, and now you are looking to sell your buy-to-let investment property portfolio.  The reasons for selling your buy-to-let investment property portfolio could be:

  • Selling your buy-to-let property investment property portfolio following Section 24 or Landlord Tax changes
  • Selling because of direct payment to tenants for housing benefits or new Universal Credits
  • Looking to exit the property market entirely because you are a retiring landlord
  • You may wish to invest in another business
  • Or do you have tired properties with sitting tenants with arrears?

It is not a problem for us to buy your investment properties fast for cash in one complete transaction.

When you are considering whether to sell your investment property portfolio, there are several questions.  For instance:

  • Do you wish to sell all of your investment properties?
  • What options are available that will minimise your tax liability by maximising your Capital Gains Tax (CGT) allowance and possibly selling the portfolio over several years?
  • How much Capital Gains Tax bill you should expect?
  • How quickly do you wish to sell your investment property portfolio?
  • Whether you hold buy-to-let properties in a Limited Company?
  • Are there any potential restrictions placed by a mortgage lender that will mean any potential profit will go towards clearing the overall portfolio, meaning nothing goes into your pocket to start with?

What you need is an expert firm with the calibre of dealing with selling your buy-to-let investment property portfolio.  We have helped dozens of landlords ranging from 2-3 properties to landlords with 100+ properties. 

Property Saviour are genuine cash house buyers, and we are happy to provide proof of funds.  This is an important decision for you to sell your buy-to-let investment properties, and you really should be talking to an expert to see how we can buy your properties whilst minimising your tax liabilities.

Property Saviour will help you make an informed decision.  We will explore your options with you.  We will tell you how much you can get on the open market for your properties vs. a cash sale of your investment portfolio.

Typical English house with a garden
Even if your circumstances change, it can be hard to evict a tenant because of various 'loopholes' that tenants exploit to their advantage.

Are you selling properties with sitting tenants?

If you sell a buy-to-let investment property portfolio, chances are that first-time buyers, investors or developers would want vacant possession. 

This makes selling a buy-to-let investment property portfolio tricky because investors will want to ‘put their stamp on it’ and increase the rents afterwards or sell the property to first-time buyers with vacant possession. 

Property Saviour will buy your investment portfolio with sitting tenants, safe in the knowledge that you can sell your entire buy-to-let portfolio on an ‘as it is’ basis as long you have a full record of tenancy agreements and legal obligations. 

We may be able to help you if you have overlooked things like gas safety certificates because the letting agents have not been proactive in managing your portfolio.

How to sell your Buy-To-Let property portfolio?

When you need to sell a single property, it is fairly straightforward.  You can:

Sell your property on the open market via an estate agent

You can sell your property on the open market via an estate agent.  However, the only two challenges you’ll have are access to allow viewings, as tenants might not be willing to cooperate AND your ability to provide vacant possession to your buyer.

Find a private buyer yourself

Within your network, you can sell the house to another landlord or a friend looking to get into buy-to-let properties.  What may not work for a professional landlord like yourself might work perfectly for an aspiring landlord. 

However, this market is dwindling as returns from saving accounts can provide better yields than buy-to-let properties.  Can you tenant buy the property themselves or know someone who does, for example, their mum, dad, or friend?

Sell buy to let portfolio for cash without the hassle

You will have built-in some equity in your portfolio; therefore, you may be able to dispose of your portfolio for cash without any hassle or stress.  If you have a property portfolio for sale, it needs a specialist buyer such as Property Saviour. 

We can buy your investment portfolio for cash within days.

Selling buy to let property portfolio
Huge anti-landlord sentiment with punitive tax regulations means landlords are leaving the market.

Can you sell your buy to let property portfolio to other landlords?

Knowing your market helps a lot.  Landlords who can expand their portfolios are your ideal buyers.  This is because these landlords promise to buy your portfolio within a reasonable timeframe. 

Purchasing an existing portfolio requires an institutional investor, such as pension funds.  Private landlords cannot offset their mortgage as a tax-deductible expense from April 2017.

If we consider tax deductible expense impact as follows:

  • With a mortgage of £400pcm and rental income of £600pcm, a landlord will have paid tax on £200pcm.
  • Now a landlord must pay tax on the full £600pcm. This could be as much as 40% if they are high taxpayers.

Banks are also restricting their exposure to portfolio landlords, and therefore, you need to qualify your potential landlord buyer as to whether they are ready, willing, and able to buy your investment portfolio.

If you are selling to another landlord, you will need to conduct multiple viewings, depending on the number of landlords who have expressed an interest.  You will need to get tenants on your side and set their expectations that you are looking to sell your portfolio.  Tenants could make it difficult to sell your investment portfolio to gain access and conduct viewings.

Could you sell investment portfolio to Housing Associations or Local Authorities?

When it comes to affordable social housing, the property stock is very low compared to the demand.  This means that in certain areas, some Housing Associations or Local Authorities are in desperate need of residential properties.  You may wish to sell to a Housing Association or Local Authority – with or without sitting tenants in place.

Housing Associations and Local Authorities have lengthy waiting lists so therefore, so they will be able to fill the property quickly.  One thing is certain: Housing Associations and Local Authorities have limited budgets.  Therefore, they will only buy properties that are very low priced.  Whilst it may be tempting to sell to them, you could end up losing a substantial equity in your property portfolio.  Property Saviour will make you a fair portfolio offer–much better than a Housing Association or Council would pay.

Often, homeowners of ex-council properties can sell their homes back to the council.

how to sell your buy to let property
Tenants often treat buy to let properties without care or respect leaving many issues to deal with once they move out.

How soon can I sell a buy-to-let property?

You can get an unconditional indicative cash offer from us within 72 hours then we’ll look to complete the purchase within 28 days or quicker if that needs to be done. 

Sell your buy to let property portfolio to Property Saviour

You could sell your buy-to-let investment property portfolio to Property Saviour.  We will pay cash for your properties and complete the purchase quickly – often within days rather than months, as we will not require a mortgage to buy your entire portfolio.  We will also buy any residential buy-to-let property – even those in not-so-great areas.

Selling your property portfolio to a single buyer can offer you a peaceful solution with many benefits:

  • Once a sale has been agreed, the completion can take place very quickly – within days.
  • No banks are involved; we will buy with our cash.
  • There are no delays with mortgage offers or last-minute let-downs by the buyer.
  • There is no need to disturb tenants, surveys, or landlords having a good poke around. Just one viewing.
  • Vacant possession is unimportant, as we are happy to buy properties with sitting tenants.

In short, when you sell to Property Saviour, you get a genuine cash buyer for your property portfolio.  You benefit from a cash purchase with minimal hassle and no delays; you get a speedy sale. 

Our team at Property Saviour have helped many landlords sell their investment portfolios for a fair price and quickly.

Conclusion

Several options are available to you when it comes to selling your buy-to-let investment property portfolio.  You need to ensure you get a fair price without the headaches of selling a portfolio.  You may need to establish good terms with your tenants. 

However, we can also buy properties with difficult tenants.

auction hammer

Property Saviour Price Promise

  • The price we’ll offer is the price that you will receive with no hidden deductions.
  • Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
  • These valuations or surveys result in delays and price reductions later on.
  • We are cash buyers.  There are no surveys.
  • We always provide proof of funds with every formal offer issued.
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We'll Pay £1,500 Towards Your Legal Fees

  • No long exclusivity agreement to sign because we are the buyers.
  • You are welcome to use your own solicitor. 
  • If you don’t have one, we can ask our solicitors for recommendations.
  • We share our solicitor’s details and issue a Memorandum of Sale. 
Sell

Sell With Certainty & Speed

  • Our approach is transparent and ethical, which is why sellers trust us.
  • 100% Discretion guaranteed. 
  • If you have another buyer, you can put us in a contracts race to see who completes first.
  • Complete in 10 days or at a timescale that works for you.  You are in control.

Sell with certainty & speed

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