We offer an end – end service for our landlords, providing a simple exit strategy for investors and reselling your property as tenanted concerns.
Whilst your property is advertised you can continue to earn rent income from your investment. This is not only a benefit for your investment, but also any buyer will earn income from the first day of ownership, so it also benefits them!
When a property is empty you not only lose income but your costs continue and in some cases increase through things like empty property council tax. This may be sustainable for a few weeks, however, if you don’t achieve the offer you were hoping for quickly, it can often add unnecessary pressures to reduce the price and increase the speed of sale. With a tenanted property, you don’t have the same financial burden.
When scanning the market, property investors are often looking for certainties with rent income, as well as stability. Selling a tenanted property means rather than working on projections, the rent contract is already in place, helping reassure buyers about the property. As well as this, the properties are offered fully compliant with rent history in place, all helping us maximise the resale value of your property.
Finally and arguably most importantly, it’s beneficial for your tenants. Most landlords dread the day they have to deliver the news to their tenants that they’re selling up and they may need to move out. When choosing The Lettings Club to sell as a tenanted property, you can reassure them that the only change expected will be a change in the paperwork. With increased protection measures in place coming via the Renters Rights Bill, this will become even more important.
Having sat on the concept for several years, Marcus started the business in 2021 as a cold start lettings business. His motivation has always been to create a property company that is different from the thousands of ‘carbon copy’ estate agents who are all doing things the same way. His passion has always been to improve efficiencies within the business helping to provide a better service whilst offering competitive fees for our clients. When not driving the business forward Marcus loves driving and exploring new places, having recently returned from a road trip around Ireland with his fiancee. With his current focus on developing the sales side of the business, Marcus will be on hand to assist any investors looking to add or sell investments from their property portfolios.