Support for Property Sales

If you’re thinking about selling a home and you’re picturing a process that involves estate agents, signboards and weeks of visits by prospective buyers, now might be a good time to consider an alternative approach.

Selling off-market can be a fast and effective way of selling a property. It won’t always be the best solution but there are many circumstances in which it can save time, money and uncertainty.

The Traditional Way of Selling Property

Typical selling process: private treaty on open market
Property advertised with asking price
Buyer submits offer for consideration
England and Wales process:
Offer accepted, agreement reached
Buyer conducts research, mortgage arrangement etc.
Contract of sale issued; contracts exchanged and signed
Prior to exchange, either party can pull out if circumstances change
Legal commitment is established after exchange of contracts

The usual way to sell a property is by private treaty on the open market. The property will be advertised with an asking price and, if buyers want to purchase it, they will submit an offer for you to consider.

In England and Wales, once an offer has been accepted and an agreement has been reached, a contract of sale will be issued. Contracts will be exchanged and signed. The exchange of contracts will only happen once the buyer has completed their research, arranged any necessary mortgage and asked all the questions that are important to them. Usually, this is done with help from a solicitor.

Both parties are only legally committed to the sale once the contracts are exchanged. Up until this time, if circumstances change, either the seller or the buyer can pull out. For these reasons, the process can be slow and subject to numerous setbacks.

Selling Property Off-Market

Off-market selling: not advertised on open market
Common for high-profile, high-value sales or landlords selling to investors
Quicker than traditional route
No need to attend multiple viewings
No need for extended and constant communication with an agency
Simpler, faster and less stressful

“Off-market” is the term used to describe selling a property without advertising it on the open market. This method is commonly used for high profile, high-value sales – where the seller does not want to advertise the property’s sale publicly – but it’s also a way for landlords to sell their property on to another investor.

One of the chief advantages of this approach is that it’s far quicker than going down the traditional route. It saves the vendor all the trouble of having to accommodate numerous viewings (by people who may or not have the means to buy), and it frees them from the need to stay in round-the-clock contact with their estate agent.

In many cases, selling property off-market can produce your desired results more quickly and with far less stress and personal effort.

Selling your portfolio

Whatever reason you have for selling off your portfolio, we can certainly help.

Our expert team of agents have decades worth of experiences in selling property. Accordingly, we maintain a large database of both residential buyers and investors. Some buyers will be looking to buy single properties; others to secure an entire portfolio as a working investment.

Once you get in touch, we’ll take a look at the value of each property and the rental income. From there, we’ll calculate current yields and potential increases. After this, we’ll push your portfolio out to our investment database (while keeping all the relevant details confidential) and keep track of any enquiries. We’ll notify you as soon as it has begun to generate interest.

Preparing for the unexpected…

It’s always better to be safe than sorry. That’s why we’ve set out some useful tips about income protection packages, life insurance and other forms of financial protection for you and your family.

View The Guide