No estate agency, legal, EPC or any other fees to pay
The Directors at Property Solvers have over 25 years collective experience in buying property fast and operating as professional landlords.
We are regulated cash buyers who can exchange contracts in as little as 24 hours, fully completing on the sale within the following 7 days.
Please complete our form or call us any day and time of the week on 0800 044 3733. We will be in touch for a no-obligation discussion.
Selling Your Property with Sitting Tenants
There are many reasons why you may be looking to sell your rented property:
- The removal of a large majority of mortgage interest relief will have a direct impact on cashflow;
- Increased regulation and rising costs mean that holding buy-to-let property has become more expensive;
- Raising rents is not a feasible option;
- You have concerns over future interest rate rises;
- Your rented property may need significant work / refurbishment that you do not have the time, budget or will to do yourself;
- You have problem tenants or other management issues and you are losing money;
- You simply would like to release locked up cash by selling to professional landlord buyers.
If you would like to have an informal chat about the sale of your property, please feel free to get in touch with us on 0800 044 3733. Our lines are open 24/7.
How We Work
Fully Regulated Fast Property Buyers
As well as being a member of the National Landlords Association (NLA), Property Solvers is also regulated by the following institutions and initiatives to ensure that our clients are fully protected throughout the fast sale process:
There will be none of the unnecessary viewings, open days or other delays often associated with estate agency and auction sales.
We rarely use third party finance to fund our purchases and are happy to provide up-to-date bank statements, formal confirmations from our legal team and any other information you need with regards to our credentials.
Section 24 of the Finance (No. 2) Act 2015
Many landlords will be aware that, from the 2017/18 financial year, mortgage interest tax relief on personally owned properties started to be cut back.
This essentially means that, by 2020/21, mortgage interest costs will not be deductible when calculating taxable profit and landlords will only be able to claim tax relief on any interest paid at the basic rate of 20%. The result could be that those with high levels of borrowing against their properties may end up operating at a loss.
If you are in such a situation, it is important not to panic and remember that there are many landlords going through the same situation. Firstly, we suggest talking to a qualified accountant as much will depend on what tax bracket you fall under, how the property is owned and other specific circumstances.
Should you be considering the sale your property because of the extra tax liability, we would be happy to have a no-obligation discussion and make a competitive offer where required. Please fill out our contact form, email us at email@example.com or leave a message 24/7 on 0800 044 3733.