Most landlords will at some point in their investment life ask that question. For the majority of us it’s just a natural part of the property investment journey. So – if you are asking, “Is it time to sell my property portfolio?” we hope you will find some useful information here.
If it is in your mind to sell, and that is part of your strategy, then what is stopping you? Let’s take one of the most common hurdles as an example and consider it.
One landlord recently came to us with a portfolio which had lost a considerable amount of capital value. Two of the flats were valued at £110,000 each when he purchased them from the developer as new builds in 2007. Now they have a value of just £55,000 – a drop of 50%. That is uncommon, and of course in time it’s possible that values may rise again. But in the meantime the landlord wants to sell. How is that possible?
We were able to propose a legal system which involved full management and care of the properties under contract, as if the property portfolio had already been sold to us and were our own, until the formalities of the purchase completed some years later. Since these two flats were part of a larger property portfolio, most of which were in a healthier equity position, our proposal was well structured and viable.
Would a solution like that help you sell, even if your property portfolio was worth less than the debt secured against it? If so, please don’t hesitate to contact us. We will be pleased to discuss the details with you further.
If you’re asking if it’s time to sell your property portfolio, but thought you couldn’t – now is the time to get in touch. We look forward to hearing from you.