Drop in house price and rent growth could affect landlord profits as experts warn: it’s time to sell - National Residential
 

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Drop in house price and rent growth could affect landlord profits as experts warn: it’s time to sell

If you’re a landlord who’s been in the business for around 10 to 15 years, you’ll know the market isn’t exactly in our favour right now. It’s the stark reality facing many landlords considering selling.

The pace of rent rises across the UK slowed in August, with average monthly rents growing by 5.7% to £1,348 in the 12 months to August, the ONS revealed. That’s down slightly from the 5.9% recorded in July, showing that momentum is already softening.

Whatever your reasons for selling, you’d be forgiven for asking yourself: do I hold out hoping the right buyer will come along? Will the market improve once the Renters’ Rights Bill is finalised, or will it just spook more landlords into offloading properties?

Meanwhile, house prices themselves aren’t exactly giving any comfort. The ONS reports growth of just 2.8% to £270,000 in the year to July, a slowdown from 3.6% in June. Add in higher borrowing costs and cautious buyers, and it’s no wonder many landlords are choosing to cash out now rather than risk a bigger dip.

Thinking of selling your flats? No chance, if you want to get a high price. But for landlords with freehold houses, now is the time to jump on the window to exit.

If you’re prepared to act fast.

So where do landlords turn? You’ve likely seen adverts from auctions and fast-exit companies alike suggesting that “now is the time to sell before it gets worse.” We’ve been saying the same for months, but with one key difference. At Landlord Sales Agency, we consistently achieve around 85 – 90% of market value within 28 days. And we do it by throwing every resource at your sale: our 30,000+ private buyers, property buying funds, local agents, first-time buyers, even new landlords looking to expand.

Got tenants? No problem. We either keep them in place or arrange relocation, even covering part of their new rent if needed. Every hurdle, from repairs to legals, are tackled head-to push the sale through. The result is a bidding war that pushes up your property’s price, and it’s what we do best.

It’s not just sales talk, recently a landlord who approached us walked away £10,000 over his expectations on some sales, and this is happening time and time again.

When you start to see outcomes like these, suddenly, 85 – 90% of market value achieved through a focused strategy is a strong move. Especially in a market that appears to be dropping rather than rising. It’s why over 150 landlords per month have been rushing to us to sell. But the window really is closing, and the statistics are there to prove it.

So if you’re ready to sell fast and release equity for use elsewhere, we’re the best in the business to help.

Get in touch today and let’s talk.

Alternatively, phone us 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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