Property portfolio buyers do exist, even in tough market conditions!
Some buy to let investors, particularly those with fixed rate mortgages of 5% or more, are struggling to make a profit and some are even making a loss due to the poor rental market conditions experienced over the last year. But for those with property portfolios on higher fixed mortgages it maybe far tougher to survive.
It there was a reasonable market for selling property it would not be an issue for property portfolio owners, they could sell some or all of their properties and move on. So what other options are there in a property market where it is hard to find property buyers and banks are seemingly unwilling to lend at reasonable rates?
The answer is really quite simple, if you are looking for property portfolio buyers then contact RM Properties (tel: 0800 8600 285) who are now actively seeking portfolios to purchase. In some case RM Properties will even pay full or “above” market valuation depending on how a deal can be structured.
Typically RM Properties will purchase a portfolio with a “delayed completion”, effectively they contract to run the portfolio, even if it is making a loss and then complete the purchase at a later date paying in full the agreed completion price. It is too complex to go into all of the variations as to how a deal can be structured, but if you have a portfolio that you wish to divest of contact RM Properties for more information … and if you know of someone who wants to sell a portfolio RM Properties will even pay a referral commission.