“Great company to deal with. Duncan was super helpful and made everything so easy and hassle-free. Looking forward to doing more business with him again soon.” James C
There are a number of factors that will affect the timescale of a sale and from a Conveyancing and Lending perspective, they are more complex transactions than single units.
We always ask for a 3 month exclusivity period to allow us a fair chance to secure a buyer however we usually get you an offer within a few weeks.
We charge a seller fee of 1.5%+VAT (subject to a minimum of £5,000).
Cash buyers can complete in as quick as 2 weeks from an accepted offer however if lending is involved this can take at least 3-4 months due to the amount of work involved.
Your portfolio will be introduced to tried and tested investors on our database whose search criteria match the features offered by your properties. Your buyer will be pre-qualified as much as possible to ensure they are suitable and well prepared to purchase your portfolio. This includes introductions to our trusted partners such as Solicitors, Lettings Agents and Mortgage Brokers where required.
No, as this is an off-market portfolio sale, there is no requirement for Home Reports to be carried out and therefore a significant saving on the cost of selling. However, all properties must have an EPC Report, which is valid for 10 years.
We sometimes recommend a Desktop Valuation from a surveyor but this is considered on a case-by-case basis and we can assist with having this arranged.
Whilst we do not charge an upfront fee on the sale of your portfolio, if you change your mind after instructing us to sell and within the 3 month exclusivity period, there will be an administration charge calculated at 10% of the selling fee based on the asking price.
If you make this decision to withdraw after we have found you a buyer, a formal offer has been accepted and the conveyancing process has begun, you will be charged the selling fee in full.
We work with trusted trades across the whole of Scotland and can introduce you to appropriate companies depending on what work you require. We also partner with Estate Agents and Auctioneers if there are individual properties which would be better placed on the open market and Mortgage Brokers if there are areas where we would advise holding the properties and refinancing.
This would all be discussed during the analysis process and addressed prior to instructing us to sell.