Selling Buy to Let Property
Our database of Landlords - and so potential buyers - is extensive. Even if a property is no longer a good fit for your portfolio, it’s very possible that it may be of interest to a landlord adding to theirs.
Selling Buy to Let property at the right time and in the most efficient way is an integral part of being an investor, and our expert team works with you to ensure you gain the maximum possible benefit from your sale.
As we help you evolve your portfolio, we may from time to time suggest that now might be a good time to dispose of a particular property and reinvest the capital you generate.
Our database of Landlords - and so potential buyers - is extensive. We regularly find buyers for our landlords without the need to evict your tenant maintaining an income through to completion.
Timing your sale
Property markets rise and fall, influenced by economic trends at both local and global levels. We are well positioned to advise on choosing the right moment to dispose of a Buy to Let investment, which may benefit you with a faster sale, as well as a better price.
Understanding your liability
Selling Buy to Let property is a different proposition to selling your own home, on the proceeds of the sale of which you are entitled to Private Residence Relief. When you sell a Buy to Let, however, any gain you make is subject to Capital Gains Tax.
We help landlords understand the best time to sell property investments to fully make use of Capital Gains Tax allowances.
Tenanted or vacant possession?
There are other reasons, too, to talk to us before putting a Buy to Let property on the market.
Would it be best to sell your property with its tenants in situ or with vacant possession? If you opt to sell with vacant possession, Brookings can serve notice on your tenants on your behalf and your property will then be of interest to the broad buyer market.
We can assist you again, on the other hand, you choose to sell with tenants in situ. By doing this you avoid any loss of rental income right up to the point at which the sale completes, and we will serve a Section 3 notice on your tenants, advising them that there has been a change of Landlord.
60-second free online valuation
Get to know how much you can sell your property for, in less than a minute with our online FREE tool.