UK Houses For Sale

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Houses For Sale UK

Houses For Sale UK

If you are looking to buy a family home, a buy-to-let property or a development opportunity, find a wide range of Houses For Sale UK online with National Residential.  There are no housing chains in our Auction-Style Property Sales, and we advertise properties from all over the United Kingdom.  After an offer has been made, National Residential work with the buyer, vendor, panel solicitors and brokers to ensure that the sale and completion occur as quickly and efficiently as possible.

National Residential have a fully responsive, mobile site allowing potential house buyers to both monitor and submit offers online 24 hours a day, 7 days a week from their tablets and mobile phones as well as from their PC’s.  We use text message alerts to inform bidders of the status of the bidding, and the closing date for the sale. All of our properties are marketed at attractive ‘Offers Over’ prices to encourage viewings and to achieve a quick sale within 28 days, and we work hard to ensure that both buyers and sellers receive a fantastic service, and that buyers get the best possible opportunity to buy the property they want at a discounted price, quickly.

Bids made online are not legally binding – once a final offer has been made, our experienced sales agents call buyers to check that finances are in place for the purchase at the agreed bid price, and that buyers are happy with the process. Bids only become binding when a buyer confirms they are completely happy with the process and agree to pay a non-refundable holding deposit to secure their property once their final bid has been accepted.

So if you are looking for a house for sale in the UK, why not take a look at the National Residential site today – you may find your perfect property on our auction site.

Have you got HOUSES FOR SALE? We have 30,000 BUYERS READY RIGHT NOW

Let’s be honest, there’s many reasons you might be thinking of selling right now, and many ways to potentially sell, but nothing’s going to beat the success we’re seeing at Landlord Sales Agency. In the last week alone, we’ve had almost 70 landlords reach out to us and sell, and with the Renters’ Rights Bill just around the corner, that number is increasing daily.

In fact, it’s hard to be a landlord and not have heard of us by now – and there’s good reason for that. We’re the UK’s top portfolio exit specialists; a company founded by landlords for landlords, specifically dedicated to selling buy-to-let properties fast for the best prices possible in a way that helps landlords come out on top.

But why are we getting better prices than anyone else? And how are we able to sell on average in just less than 28 days? The answer is simple. With almost 20 years of experience, we’ve been prepping our Formula 1 quality team of property experts for just this moment. As we enter the “end of the golden era of landlords,” it’s time to get out and cash in.

Sound familiar? You’re not alone. As we move towards tighter regulations, unreasonable standards, rent caps, vacancies and – god forbid – the bills from costly refurbs that could potentially take years to make back, landlords have had enough. Added to that the fact that some of you may be paying mortgages on empties and have only just overcome the interest rates hikes, the sector simply isn’t worth the hassle anymore. “Why are we doing this?” you may have asked, “why not cash in and reinvest our wealth elsewhere?” Well, that’s exactly what smart landlords are thinking. And as landlords know: timing is everything in this game.

Enter the Renters’ Rights Bill and it all makes sense. Experts are predicting we’re about to witness a property price slump and with that means the price you can get to cash in on your properties now may be substantially less come the second half of this year. There’s only one issue: tenants. That’s no problem for us. Not only are we selling faster than anyone else, we’re also selling properties no matter what the tenant situation. We know exactly how to get evictions done, and fast. Perhaps you’ve got particularly tough tenants – well you’d best believe that it’s only going to get harder to evict them once the regulations change.

For those that have successfully managed to evict tenants and are on the fence about selling, the future is equally bleak. Serco, Mears and Clearsprings are all coming under hot water for putting problem tenants in your houses. If you thought there were enticing solutions for your empties, think again. Recently a landlord came to us to sell a property that had become vacant after a tenant had been charged with battery, just weeks later that same tenant was ready to be rehoused through government schemes. That tenant could be yours. It’s a minefield out there.

But we’re not here to scaremonger, we’re here to help, and with over 30,000 buyers on our private database waiting to buy there’s never been a better time. Through a mixture of marketing via an online auction, access to private buying funds, the best local agents and first time buyers who get text messages every time we list a property, we’re able to generate a bidding war that’s driving prices up. During this time every single part of your sale is managed, from viewings to video tours to tenant negotiations, evictions and even in some cases paying for repairs, we take the entire job off your hands so you can sit back and relax from the moment you call us. And for the entire process from start to finish, you can expect to sell your properties for a competitive 85% market value. A huge bang for your buck when all you have to do is pick up the phone. What’s more 85% in this current market is far higher than 85% in a crashed market.

We simply get the job done.

Full transparency, no nonsense, and for prices landlords are happy to walk away with.

So get in touch. Let’s get you out of here, and on your way to relaxing before the year ends.

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

How We Helped a Seller Walk Away From a Repossession with £20K in Profit Rather than £5K in Debt

When you are worrying about losing your home due to debt or not paying your mortgage and you are desperate to keep hold of it; it might seem counter intuative to think about selling your house.

But, if you have explored all other options with your lenders and cannot realistically repay the loan or meet a payment plan, selling your property yourself is usually a much better option than letting it get repossessed.

It gives you more control over the sale process, potentially allowing you to get a better price for your property, limits the damage to your credit score, and potentially helps you to avoid added debt through fines and legal costs.
In addition, if a forced sale does not recover the total of the money you owe, you can be liable for the debt for a further 12 years.

Key reasons to sell voluntarily instead of facing repossession:

  • Higher sale price: When a lender repossesses, they often sell the property quickly at a traditional auction, which may result in a selling price  dramatically lower than the property’s value and leaving you with a significant debt even after the property has been sold.
  • Control over the sales process: By selling yourself, you can choose the timing and marketing strategy for the sale, potentially attracting more buyers and getting a better deal. However, if your lender has issued with a deadline to repay, not all sales types will be possible due to the unpredictable nature of high street sales. Also you will need to consider the time betwenn agreeing a sale and having the funds deposited in your bank as the process can take longer than lenders allow.
  • Choosing your next move: If you are going to lose your home, freeing up any money tied into your property could give you more choice abut how, when and where you move next
  • Minimising credit damage: A repossession will severely impact your credit score, making it harder to obtain loans in the future, while a voluntary sale can be managed to minimise the negative impact.
  • Potential to avoid further debt: If you sell your house yourself, you may be able to use the proceeds to fully pay off your mortgage and avoid any additional debt to the lender.

 

How We Can Help

National Residential sells property in 28 days and we make sure our buyers are able to completes in 56 days so we can provide schedules lenders will accept. Plus we have a 95% completion rate.

Sellers normally walk away with 85-90% of the high street sale value and pay no fees or legal costs. Whereas property sold at traditional auction (as will happen if it is repossessed) normally only achieves 70% of the high street sale value and they incur costs, fees and legal fees which are added to the sellers  debt.

Once we have a found a seller and they have paid the nonrefundable deposit to secure the sale, we can provide sellers with sufficient equity in their property, an interest free cash advance (to be repaid on completion). With it, we can pay off sellers’ debts so that sellers have more choice about when the sale completes and they leave the property. It can mean the difference between being homeless and having a home to go to when you leave the proerty.

For the best outcome, contact us as soon as  all options to come to a feasible agreement with your lender have been exhausted but we can help even if your lender has started proceedings or obtained an eviction order. Speed is crucial, and we can negotiate with creditors to delay or halt proceedings with a guaranteed sale.

 

Case Study

A seller who had fallen into arrears with their mortgage repayments came to us for help and this is what happened:

  1. A seller with mortgage arrears of £7,900 contacted us at the end of Oct because they had received notice of a bailiff being appointed to evict them on Nov 12th
  2. The market value of their property was estimated to be £210-225K and they had outstanding mortgage/loan of £155K
  3. If they allowed their property to be repossessed and sold at tradional auction, the expected sales price would have been appx £147 – 157 ( 70% minus appx £3K auction fees/listing costs plus £1-2k solicitor costs), meaning the amount raised from auction would not clear their debts and they would be held liable to pay back the outstanding £5K + (est) for 12 years
  4. A cash buying company had already offered to buy the property directly for £160K
  5. Instead, the seller accepted a ‘Fixed Price with Zero Fees’ (walk away) offer from us of £190K* (minus our cash advance or any loan secured on the property)* Meaning we would try to sell the property to a 3rd party and our seller would receive £190K if we were successful.
  6. We collected listing material and listed the property for sale by 7th Nov.
  7. We proactively advertised the discounted property to chain free buyers who are able to complete in 28 days in our database of 30,000+ buyers and negotiated with interested parties to find buyers who were willing and able to pay a bigger deposit than our normal rates (£7900 rather than £5000).
  8. We agreed a sale for £205K and our buyer paid the deposit 9th Nov (i.e. just 2 days later).
  9. We paid the full amount of the deposit paid by our buyer to our independent panel solicitor who arranged an emergency court hearing on Nov 11th to halt the eviction. The court agreed and gave the seller 2 months to complete/repay the loan in full.
  10. We paid the seller an interest free cash advance of £3,500 to pay: their solicitor’s fees for attending court; the deposit and 1st months rent on a rented property; and her removal costs
  11. The completion was made slightly more complicated than usual because of the involvment of a Help To Buy company but we liaised with them directly to ensure their needs were met within the timeframe required by the court agreement
  12. The sale completed in less than 6 weeks and the seller walked away with £20K profit after all loans had been paid

 

Contact us now using our callback form or  0800 612 8659 (free phone, 24/7) to find out how we can help you sell to avoid being evicted and get the best price for your property.

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

What Serious Property Buyers Are Most Interested In Right Now

The property market is shifting, and it’s becoming clearer every day what serious buyers are really looking for: property companies and blocks of six or more properties. These investment opportunities aren’t just a trend — they’re the most efficient way for buyers to expand their portfolios while keeping costs down. For landlords considering selling, this demand creates a fantastic opportunity to exit the market with a smooth, profitable deal.

Let me explain why these types of purchases are in such high demand and how working with my team at Landlord Sales Agency can help you take full advantage — whether you’re buying or selling.

Why Blocks of Six or More Properties Are So Popular

The tax landscape for property buyers has changed dramatically in recent years, with Stamp Duty Land Tax (SDLT) costs climbing to unprecedented levels. For individual property purchases, the SDLT surcharge now stands at a hefty 5%. But there’s a crucial rule that makes buying in blocks of six or more properties highly attractive: when six or more properties are purchased in a single transaction, non-residential SDLT rates apply.

Continue reading What Serious Property Buyers Are Most Interested In Right Now

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Different Ways To Sell Buy-To-Let Property

As has been widely reported, UK landlords are leaving the Private Rented Sector (PRS) for many reasons. From Section 24 and dwindling profits to tenant pressure groups and legislitative interventions – landlords all over the UK have had enough.

According to government data, in Nov 2024 31% of landlords have reported planning to decrease the size of their portfolio in the next two years, including 16% who were planning to sell all their properties but selling buy-to-let property isn’t as easy or straightforward as selling owner occupied properties so we have put together a guide outlining the selling options landlords need to consider.
Continue reading Different Ways To Sell Buy-To-Let Property

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Extending a Lease on a Short Leasehold Property And Why You Should Act Sooner Than Later

In England and Wales, leasehold ownership grants you rights to a property for a fixed term, but not the land it stands on. When a lease runs out the buildings on the land become the property of the freehold (land) owner. Most flats in England and Wales are leasehold.

A standard lease is usually 125 years long. Leasehold properties with a long lease are often only marginally cheaper to buy than freehold properties but as a lease gets shorter, the property reduces in value because of the cost to extend a lease.

When property is bought and sold, the agreement is transferred (NOT renewed) so the new owners are only buying the ownership of the buildings for whatever length of time is remaining on the lease.

Properties with less time can still be bought and sold, but most mortgage providers will only lend money against leasehold properties if the lease has more than 80 years left to run meaning they are typically bought by cash buyers.
Continue reading Extending a Lease on a Short Leasehold Property And Why You Should Act Sooner Than Later

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

How To Sell Property Fast For The Best Price With Unrivaled Support

How to Sell Property Fast For the Best Price

Selling your property can be overwhelming, with many options available. We believe we have created the perfect solution for people who need to sell their house fast, want a Goldilocks Price (low enough to attract buyers but as high as possible) with the BEST support there is.

We are perfect for anyone wanting to sell a house fast  – esp if there are complications such as: selling a tenanted house, selling multiple properties in bulk, selling property in disrepair, selling property with a short lease or selling property to avoid repossession (because we believe we will get you a much better price than your lender and you will avoid fines, court cost, legal bills etc and be in more control of how and when you move).
Continue reading How To Sell Property Fast For The Best Price With Unrivaled Support

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

What Happens If You Cannot Pay Your Mortgage

What Happens If You Can’t Pay Your Mortgage?

Falling behind on your mortgage can feel overwhelming, but there are steps you can take to regain control. Acting quickly and exploring all your options is key. Your lender will want to recover their money ASAP and you will need to discuss a firm schedule of reayment with them.

National Residential specialise in selling all types of property in as little as 7-28 days andcompleting in 56 days (12 weeks in total) which is normally fast enough for most lenders.

With your permission, we can make arrangement with your lender on your behalf to pay off your debt and stop any repossession process to prevent you being evicted.
Continue reading What Happens If You Cannot Pay Your Mortgage

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

The smarter way UK landlords are selling their buy-to-let properties in bulk

Sell Buy-to-Let Properties Faster: How National Residential / Landlord Sales Agency Can Help

Are you a landlord looking to sell your buy-to-let properties fast? At National Residential, we specialise in helping landlords sell their property portfolios quickly and for the best possible price, no matter what challenges are involved.

Take, for example, a landlord from Wandsworth who recently contacted us. He needed to sell his entire property porfolio fast… every property was tenanted and he needed to sell during a Covid lockdown.

We sold all 5 properties in less than a month, releasing over £500,000 in cash with absolutely no hassle, worry, or stress. Our team handled every step of the process, resolving any issues along the way.

Continue reading The smarter way UK landlords are selling their buy-to-let properties in bulk

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

End of an Era: Landlord sells entire Property Portfolio in record time

Landlords who’ve been in the business a while are downsizing. If you haven’t thought about doing it before, or if you’re on the fence, you might want to think about it now, before we get too close to December.

For Shirley McLean, a landlord who has been a longstanding member of Property118, it was time to act. She initially became a landlord alongside her husband, who had been a builder but retired. “We decided it would be nice just to have a little bolthole in Scotland. And in order to finance that, we thought if we bought some to-lets that would basically pay for our holiday home and we could be a part of the community.”

Watch Shirley talk to David Coughlin about why, when and how she sold her portfolio with Landlord Sales Agency.

Continue reading End of an Era: Landlord sells entire Property Portfolio in record time

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Landlord Exodus: Tough New Rules spark mass Sell-Off

A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Rights Bill, mounting financial pressures, the list of reasons goes on.

No doubt you’ve seen the recent headlines, and if you’re a landlord yourself you’ll be forgiven for thinking that the worst is yet to come. In fact, the property market continues to deliver tough news for landlords, with recent proposals suggesting that evictions are just one of the issues that may become increasingly difficult.

Labour’s plans are ramping up, in what can only be described as the “final blow to landlords,” with measures that could prevent landlords from evicting tenants who fail to pay rent if doing so would leave them financially disadvantaged or homeless. While the full details are still being ironed out, many landlords are already feeling the pressure.

Continue reading Landlord Exodus: Tough New Rules spark mass Sell-Off

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Think Properties Are Taking A Long Time To Sell? Think Again!

On Tuesday 30 May, David Coughlin, CEO National Residential and Landlord Sales Agency joined Paul Shamplina, Director of Partnerships at HFIS Group, as a guest speaker in LandlordZONE webinar  ‘Think properties are taking a while to sell on the market? Think again!’‘.

Watch now to hear them discussing the market conditions, the problems landlords face and what landlords can to do to react to challenging issues such as interest rates, the abolishment of Section 21s and EPC upgrades.


Continue reading Think Properties Are Taking A Long Time To Sell? Think Again!

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Property Buyers: Cash Is King

The advantage cash buyers have always held over house buyers needing a mortgage through an estate agent is in the speed they can complete.

Now  the average time it is taking  mortgage buyers to get a deal has almost doubled due to lenders being very, very cautious since interest rates have gone up and are expected to go up again, the advantage cash buyers have is even more persuasive.

To compound the problem for mortgage buyers, there are also huge delays in getting surveyors out to access properties. Of course cash buyers still need to do their due dilligence and also require surveys but they do not need to wait for lenders to review the surveys and any added delay makes cash buyer offers all the more attractive.

Continue reading Property Buyers: Cash Is King

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

The best way to sell properties with awkward tenants

Take The Stress Out Of Trying To Sell A Property With Difficult Tenants

In these current times, there are a few challenges landlords may face when trying to sell their properties. Trying to sell a property while dealing with difficult tenants can be top of the list, but it doesn’t have to be.

It’s time to bring in the professionals to take those worries off your hands.

Continue reading The best way to sell properties with awkward tenants

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Thinking Of A Retirement Mortgage or Other Form Of Equity Release? Read This First…

From wanting to subsidize pensions to maintain a comfortable standard of living, to taking dream holidays, and/or raising cash to help family members in times of crisis; more and more people over the age of 55 are using wealth tied into the property they own to finance their life choices.

Most lenders now offer options such as Retirement Mortgages, Lifetime Mortgages, Drawdown Lifetime Mortgages, Pensioner Mortgages and Home Reversion Plans. They are aimed at people who want to raise cash from the equity in property without moving home but as people are living longer and/or taking retirement younger, they can all be very expensive options.

An alternative option that can be far cheaper and one that uses the wealth tied in a property rather than borrowing against it (as the options above do) is to downsize.

Here we look at the advantages and disadvantages of equity release compared to downsizing.
Continue reading Thinking Of A Retirement Mortgage or Other Form Of Equity Release? Read This First…

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Get More Viewings To Sell Your House Faster

Waiting for viewings can be a stressful, and despairing time. Buyers are expected to present their properties to get the most from viewings and are often encouraged to declutter and/or to depersonalise and/or to keep properties clinically clean for viewings. While all those suggestions are excellent (see below for more of the same), keeping a home in pristine condition can be expensive, time consuming and stressful. It’s no wonder most people would prefer lots of viewings in a short time frame than maintaining often impractical and inconvenient standards over prolonged periods because of a lack of viewings.

On average, it takes 15-20 viewings to sell a property if it is priced appropriately for the market*. Properties that are suitable for large numbers of people, priced correctly and advertised widely should attract 1 or 2 viewings per week most weeks of the year to achieve the UK average of 3 – 4 months to sell.

* If a property is priced too high, sellers may find they attract lots of viewings but do not receive any offers.

Continue reading Get More Viewings To Sell Your House Faster

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Setting A House Price

The single most important thing to get right to sell your house fast is the asking price. Almost every property will attract attention from buyers if the price is right so if you aren’t even getting many viewings, it could be a sign that buyers think your asking price is too high for the size and type of property compared to others in your area.

 

Finding the Right Asking Price to Sell Your Property

The ideal asking price is the highest price buyers are willing to pay within your desired timeframe. Overpricing leads to delays, while underpricing may cause regret.

We look at how to price your property to get the best price in the fastest time.

What Happens If You Price It Wrong?

Too Low – Quick sale, but you risk selling for much less than market value.
Too High – Fewer viewings, longer time on the market, and price reductions.

house price set too high to sell

Example of a property being left unsold on the market for almost a year due to overly optmisitic expectations. Urgency may be not be a factor if the property is owner occupied but properties can be very expensive to run if empty or without rental income.

Continue reading Setting A House Price

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Landlords We Can Help You Streamline Your Portfolio

landlords tax forcing landlords to sell up

Landlords face many problems, most relate to property and/or tenants however ongoing economic and legislative changes have added a lot more things for landlords to worry about. Shrinking returns, increased costs, more rules, more penalties and the prospect of fewer options to end tenancies have resulted in more and more landlords selling some or all of their rental properties.

Over the next 12 months 41% of landlords said they plan to sell at least some rental properties, compared to just six per cent saying they would buy

Why are landlords selling up?

  • Tax hikes: The UK government’s planned tax hikes are putting pressure on the buy-to-let market. 
  • Rising costs: Rising costs, taxes, and legislation are making it more attractive for landlords to sell. 
  • Mortgage rates: Mortgage rates have spiked and are expected to remain high for longer. 
  • Incentive repeal: The repeal of several incentives has put pressure on the buy-to-let market. 

How National Residential Can Help Landlords Sell Property With Minimum Disruption To Rental Income…

Our business is providing our clients with a FAST, SECURED WAY TO SELL PROPERTY AND COMPLETE THE SALE. Typically, the whole process from start to finish takes between 7 – 87 DAYS… i.e. less than 13 weeks.

What’s more, we also specialise in tenant negotiations and selling tenanted property with vacant possession delivered in time for completion to minimise the period a property is not producing rental income to offset running/purchase costs.

 

Continue reading Landlords We Can Help You Streamline Your Portfolio

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Property Auctions

Are All Property Auctions The Same?

ABSOLUTELY NOT – also, worthy of note: not all bidders are the same either – our auctions recognise that.

 
The method we use to sell property is often referred to as a ‘Modern‘ Property Auction’ (also known as conditional auctions). It is different to many other types of auction (offline and online) because of what happens when the bidding ends. In a Modern Property Auction when bidding ends the winning bidder pays a non refundable deposit to secure the property but the crucial difference is the winning bidders are given time to secure lending.

Because our auctions are open to private buyers with mortgage funding (not just cash buyers who are often developers looking to buy a property at rock bottom prices so they can make a profit when reselling), our properties typically sell for 10 – 15% more than similar properties sold at auction houses.

Our fees are lower too, (see next section)!

Similar to the ‘sealed bids’ process, in our auctions a winning bid is the BEST offer the seller chooses to accept which is usually but not always the highest bid. Like traditional auctions, all bids are legally binding and the bidding process is transparent so all bidders are kept informed of other bids throughout the process.

Continue reading Property Auctions

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Stop An Agreed Property Sale Collapsing

The problem: Broken House Chains

With over 17 years of specialising in selling property quickly, we do of course know the pitfalls that can derail any house sale – i.e. issues that cause chains to break resulting in everyone involved wasting time and money.

We also know that in 2024 the average percentage of agreed sales that fall through is currently stands at almost 30% 

 

Of course, any experienced estate agent also knows this but unlike most, we at National Residential do not accept that it is an ‘acceptable risk’  and/or unavoidable.

That is why we have tailored our sales process to minimise risk and maximise success. Our stats speak for them selves – due to our rigorous buyer approval procedures 95% of our agreed sales complete.

Continue reading Stop An Agreed Property Sale Collapsing

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

Section 24 – HMRC UK Tax Changes

Section 24 Means Buy To Let Landlords Can No Longer Offset 100% of Mortgage Interest Against Rental Income.

Section 24 - Her Majesty's Revenue & Customs logo Section 24 is a HMRC taxation change affecting what costs can be deducted from rental income to calculate ‘Net Profit’ – i.e. the figure counted as income and the figure that you will pay taxed against.

As tax relief drops and tax bills rise, in some cases* the annual sum of mortgage repayments and taxes will be more than rental income minus costs. Some landlords will need to sell at least part of their portfolio to avoid making SIGNIFICANT annual losses.

Chris Cooper of Axe The Tenant Tax said,
A perfect storm is brewing in the rental market, landlords will either have to raise rents or sell because of the tax rises. Landlords are sleepwalking into disaster”.

According to Landlord Referencing UK, circa. 1.4 million landlords are unaware of the drastic effect it is going to have on their rental income and their tenancies over the next 4 years while RightMove research indicates 24% of landlords are already planning to sell at least one or more properties from their current portfolio in response to the new regulations and tax changes.

* See below for examples.

Continue reading Section 24 – HMRC UK Tax Changes

Phone us now on 0800 6123694 or 01244 341066 any time 24/7, or use our callback form and we will phone you back to discuss your needs and our solutions.

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