Rents might increase, but 1 in 3 landlords say: we’re out! - National Residential
 

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Rents might increase, but 1 in 3 landlords say: we’re out!

It’s been a tense few weeks as landlords were hit with mounting financial and regulatory pressures. As the countdown continues to the Renters’ Rights Bill, another blow seemed to hit when the Green Party passed a motion at its conference calling for “the effective abolition of private landlordism.”

Whilst initially widely mocked, it wasn’t long before long-serving landlords were quick to remind us that the Green Party’s opinions on landlords in 2015 to 2022 triggered law changes that still affect landlords today, despite not being in power.

Many landlords called it “another nail in the coffin” and a “war on landlords that never ends,” with one commenting on a popular Landlord news-site: “not sure what to do with my portfolio, it is all a worry… Beginning to think what’s the point?” The comment was quickly followed by another landlord quipping back saying: “13 now sold, 5 left to go.”

He isn’t alone, according to Goodlord’s latest State of the Lettings Industry report, 1 in 3 landlords have either sold or tried to sell their rental properties in the past year.

For those selling, National Residential has consistently become the best choice to get the highest price in the fastest time.

Known for getting up to 90% market value – a huge bang for your buck in a strained market – our average sale time is less than 28 days.

For Shirley, Farouk, Alistair and Roy, four portfolio landlords who reached out to us, they weren’t prepared to wait around and see the buy-to-let climate get worse, they’d had enough and wanted to put the money tied up in their properties to better use.

We did what we do best, marketed their properties to our private database of over 30,000 buyers, top local agents, and our “black book” of property buying companies and investors. Using a combination of aggressive off-market sales and text message updates to drive bidding wars on the portfolios, all four landlords were able to get out with money in the bank they were extremely happy with.

This isn’t just a one off, as we head towards the end of the year, more and more landlords are deciding they’re “out,” and we’re delivering spectacular results.

Recently a landlord in Manchester approached us with 6 houses, 4 of which were tenanted, many with a string of issues, we sold the first property in 22 days. The second in 9 days. The third in just 7 days. And the rest followed in rapid succession. All for prices he was happy with. Another landlord got in touch shortly after and the result was even better: £10K over the price he expected on some of the properties. All we did was go on to take a bit off the top of that in exchange for a job extremely well done.

So if you’re a landlord who, like a third of all UK landlords, has decided it’s time to get out, then get in touch today via the form below.

We’re the best for a reason, and we’re here to help you come out on top.

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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