Calling All Landlords and Buy to Let Portfolio Owners!
I'm looking to buy small portfolios right now!
I’m looking to buy a small portfolio of properties from 2-20 depending on size, location and cost.
I can move to purchase very quickly and get rid of your headache portfolio.
Many of us bought properties in the last ten years that are now hugely depressed in value. Whilst the SVRs may be good for landlords, void periods, bad tenants or losing your job can throw everything out of whack and you can end up with a few bad apples in your property portfolio that threaten to bring down all of them.
If you need to sell your property portfolio for whatever reason get in touch and I’ll see if I can help. I’m actively expanding my own portfolio and it will be useful to me to buy into existing landlord’s buy to let properties.
These are some of the scenarios you may have and for which I can help;
I’m fed up with being a landlord
I’ve got tenants who have lost their jobs are not paying rent
I don’t know how to deal with voids
I’m fed up with fixing toilets
I’m wondering how do I refinance my buy to let portfolio?
If I sell my buy to let properties what about capital gains tax?
I remortgaged my buy to let portfolio and got my profit out, now I just want to get rid of the hassle.
Are you being caught by the buy to let landlord capital gains tax trap? If you bought your properties using creative no money down or below market value (BMV) schemes and the remortgaged / refinanced to the market value, what happens now if you need to sell?
If you paid £160,000 for a property that was RICS valued at £220,000 for same day remortgage purposes and you need to sell you could face a whopping tax bill.
At the time you bought the property capital gains tax was probably a reasonable 18%.
Now it’s 28% which means you could be paying huge sums right now just to walk away from your problem portfolio.
Remember, it’s not just your tenants or your lender that can be a big problem, but also the taxman, and he never lets go!
Fill in the short form below and I’ll get back to you as soon as I can.
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