You may be changing your investment plans, reducing management work or reviewing properties with different returns. A portfolio offer helps you compare selling with continuing to hold the properties.
SellHouseFaster makes cash offers for properties across Greater Manchester. Tell us which properties you want to sell, their condition and how they are owned or let. If you proceed, a direct buyer purchases the agreed properties, subject to the necessary checks and legal work.
- 24 hoursTo receive an offer after sharing the portfolio details
- Whole or partTell us which properties you want assessed
- Free offerNo obligation to accept
- Legal costs coveredSeller’s conveyancing fees and disbursements on completion
What are you looking to change?
Reviewing the overall return
Look at rental income alongside finance, repairs, management and tax. An offer gives you a figure to discuss with your accountant when comparing the options.
Reducing the number of properties
You can submit the whole portfolio or a selected group for review. Explain what you want to keep and which properties you are considering selling.
Working around mortgage requirements
Share any refinancing or repayment deadlines. Lender release requirements and the amounts owed need to be checked for each title.
Managing mixed tenancies and condition
A portfolio may include occupied homes, vacant properties and buildings needing work. List the position of each property so the differences can be assessed.
What to include in your portfolio enquiry
- A property schedule. List the addresses, types, ownership and properties you want assessed.
- Condition and title details. Include lease lengths, known defects, reports and any unresolved legal matters.
- Tenancy information. Share rent, occupation, deposits, arrears and licensing information for each property.
- Mortgage and timing requirements. Tell us about secured loans and any deadlines or preferred stages.
- A clear offer breakdown. We’ll explain which properties and conditions the offer covers so you can compare the options.
- Sale legal costs covered. On completion, we cover the seller’s conveyancing fees and disbursements for the agreed sale, with no selling fee payable to us.
Compare a portfolio offer with separate sales
Selling properties individually may achieve different prices and take a different amount of work. Compare the total net proceeds, timing and ongoing costs with a portfolio offer. Ask your accountant about the tax position before agreeing contracts.
How the portfolio offer and sale process works
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Step 1Share the property scheduleEnquire online or call 0161 806 1235. Provide the locations, ownership, condition and tenancy details.
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Step 2Receive your offer within 24 hoursWe’ll review the portfolio information and explain the properties, price and conditions covered by the offer.
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Step 3Complete checks for each propertyIf you proceed, the direct buyer and solicitors review the titles, tenancies, mortgages and other requirements.
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Step 4Agree the completion arrangementsA single date or staged completions can be discussed, subject to buyer, lender and solicitor agreement.
