Here at Concentric Sales and Lettings we have been letting and managing properties for over 32 years, in fact, we were founders of property sourcing in this area.
That means we have loads of investors that bought in the 1990’s and 2000’s whose mortgages are reaching full term now, and they themselves are getting to retirement age and as a result, want to offload.
In the main, these are usually tenant occupied, up to regs, AST tenancies and well maintained which means you are buying a ready-to-go unit and will receive rent from day 1 of your ownership.
Any landlord that wants to sell, we offer them the chance to offload the property to a would-be investor before putting the property on the open market, because it means they do not have to ask the tenant to leave and risk void periods, so it is a smoother transaction for all.