Smart Polish investor sold his UK property in all-time-high market AND kept the rent coming*
Many Europeans move to the UK for better paying jobs, the business opportunities and a higher standard of living. But after a while the desire to return home to be near family and friends becomes over-whelming. So they return to their homeland. However, this can lead to a property problem. You see, in many instances these Europeans have bought a property in the UK for themselves to live in, or as an investment. And with the UK property market rising sharply, there’s the desire to cash in on the market.
But how do you time your exit from the market?
On the one hand, you want your money now. But on the other hand, you don’t want to miss out on tens of thousands of extra pounds from a future property sale. That’s the situation Ella and Thomas found themselves in. They’d come over from Poland 10 years ago. They’d both worked hard. This hard work had paid off, and they’d been able to buy two properties in the Coventry area. Both of which were rented out to tenants. However, now was the time to return to Poland. Ella and Thomas decided to sell their properties to their existing tenants. But with a difference.
You see, they’d heard about us from our existing clients. And how we use a strategy that allows property owners to profit from future increases in property prices. This strategy is Rent to Buy. As you may know, Rent to Buy is where the tenant agrees to buy your property at a future date. The tenant puts down a larger deposit than normal. They pay an increased rent. And at the agreed future date they have the option to buy. There are various reasons a tenant would do this. It might be because they may not have a good credit rating. Or they may not have a high enough income to afford to buy right now. Or the timing may not be right to buy right now.
Anyway, we sat down with Ella and Thomas and discussed their options. And they decided to use our Rent to Buy strategy. Which we implemented for them. A £6,000 increase on the previous property valuation Their first property was a two bed terrace house in a desirable part of Coventry. This property had been valued at £210,000. However, we negotiated a sale price of £216,000. That’s £6,000 extra. The tenants put down a deposit of £5,000. The monthly rental fee was agreed at £750. The term agreed was two years.
These are the financial savings Ella and Thomas made. They got an extra £6,000 on the sale price. And £7,000 in rental income. This totalled £13,000. In addition, Ella and Thomas made further savings. These savings were;
- No agent fees (£3,000).
- No letting agent fees (£2,500).
- No maintenance costs (£1,000).
- No home insurance payment (£500).
Total savings of £7,000. When you add the £13,000 from the extra sale price and rental income this adds up to a total:
…Extra profit from Rent to Buy of £20,000. Amazing! But that’s not all we did for Ella and Thomas.
Remember they had two properties? Well, we also implemented a Rent to Buy strategy for this other property in Coventry. This was a 2 bed semi-detached property. It had been valued at £140,000. We arranged the sale price for Ella and Thomas of £146,000 and rental income of £550 /month. The deposit received on day one was £5,000.
The term agreed was 3 years. The total extra income was £6,000 on the sale price and around £8,000 in rental income. This totalled £14,000.
- No agent fees (£2,000).
- No letting agent fees (£2,500).
- No maintenance costs of around £1,000.
- No home insurance payment £500.
Total savings of
£6,000.
From this second property there was a total extra profit from Rent to Buy of £20,000. So by us using the Rent to Buy strategy, Ella and Thomas were able to profit by £40,000 from their two properties.
Thomas said: “I’m absolutely delighted with Adam’s service. He’s trustworthy, approachable and friendly.”
Ella added: "We’ve worked with Adam for over 12 years now and Adam is still our first point of contact in regards to the UK real estate, tenancy rules and changes in regulations, agreements, documentation, and he still looks after our portfolio in GB. All in all, he offers a fantastic service. And we can’t recommend highly enough.”
Thomas & Ella
Now it’s your turn. Other property people are maximizing their property returns from this Rent to Buy strategy. So if you have a property you want to maximize your returns from then get in touch today. There’s no future obligation. And you definitely won’t be sold to. There’s just the opportunity to discover if this strategy is right for you.
Smart Polish investor sold his UK property in all-time-high market AND kept the rent coming*
Many Europeans move to the UK for better paying jobs, the business opportunities and a higher standard of living. But after a while the desire to return home to be near family and friends becomes over-whelming. So they return to their homeland. However, this can lead to a property problem. You see, in many instances these Europeans have bought a property in the UK for themselves to live in, or as an investment. And with the UK property market rising sharply, there’s the desire to cash in on the market.
But how do you time your exit from the market?
On the one hand, you want your money now. But on the other hand, you don’t want to miss out on tens of thousands of extra pounds from a future property sale. That’s the situation Ella and Thomas found themselves in. They’d come over from Poland 10 years ago. They’d both worked hard. This hard work had paid off, and they’d been able to buy two properties in the Coventry area. Both of which were rented out to tenants. However, now was the time to return to Poland. Ella and Thomas decided to sell their properties to their existing tenants. But with a difference.
You see, they’d heard about us from our existing clients. And how we use a strategy that allows property owners to profit from future increases in property prices. This strategy is Rent to Buy. As you may know, Rent to Buy is where the tenant agrees to buy your property at a future date. The tenant puts down a larger deposit than normal. They pay an increased rent. And at the agreed future date they have the option to buy. There are various reasons a tenant would do this. It might be because they may not have a good credit rating. Or they may not have a high enough income to afford to buy right now. Or the timing may not be right to buy right now.
Anyway, we sat down with Ella and Thomas and discussed their options. And they decided to use our Rent to Buy strategy. Which we implemented for them. A £6,000 increase on the previous property valuation Their first property was a two bed terrace house in a desirable part of Coventry. This property had been valued at £210,000. However, we negotiated a sale price of £216,000. That’s £6,000 extra. The tenants put down a deposit of £5,000. The monthly rental fee was agreed at £750. The term agreed was two years.
These are the financial savings Ella and Thomas made. They got an extra £6,000 on the sale price. And £7,000 in rental income. This totalled £13,000. In addition, Ella and Thomas made further savings. These savings were;
- No agent fees (£3,000).
- No letting agent fees (£2,500).
- No maintenance costs (£1,000).
- No home insurance payment (£500).
Total savings of £7,000. When you add the £13,000 from the extra sale price and rental income this adds up to a total:
…Extra profit from Rent to Buy of £20,000. Amazing! But that’s not all we did for Ella and Thomas.
Remember they had two properties? Well, we also implemented a Rent to Buy strategy for this other property in Coventry. This was a 2 bed semi-detached property. It had been valued at £140,000. We arranged the sale price for Ella and Thomas of £146,000 and rental income of £550 /month. The deposit received on day one was £5,000.
The term agreed was 3 years. The total extra income was £6,000 on the sale price and around £8,000 in rental income. This totalled £14,000.
- No agent fees (£2,000).
- No letting agent fees (£2,500).
- No maintenance costs of around £1,000.
- No home insurance payment £500.
Total savings of £7,000. When you add the £13,000 from the extra sale price and rental income this adds up to a total:
…Extra profit from Rent to Buy of £20,000. Amazing! But that’s not all we did for Ella and Thomas.
Remember they had two properties? Well, we also implemented a Rent to Buy strategy for this other property in Coventry. This was a 2 bed semi-detached property. It had been valued at £140,000. We arranged the sale price for Ella and Thomas of £146,000 and rental income of £550 /month. The deposit received on day one was £5,000.
The term agreed was 3 years. The total extra income was £6,000 on the sale price and around £8,000 in rental income. This totalled £14,000.
- No agent fees (£2,000).
- No letting agent fees (£2,500).
- No maintenance costs of around £1,000.
- No home insurance payment £500.
Total savings of
£6,000.
From this second property there was a total extra profit from Rent to Buy of £20,000. So by us using the Rent to Buy strategy, Ella and Thomas were able to profit by £40,000 from their two properties.
Thomas said: “I’m absolutely delighted with Adam’s service. He’s trustworthy, approachable and friendly.”
Ella added: "We’ve worked with Adam for over 12 years now and Adam is still our first point of contact in regards to the UK real estate, tenancy rules and changes in regulations, agreements, documentation, and he still looks after our portfolio in GB. All in all, he offers a fantastic service. And we can’t recommend highly enough.”
Thomas & Ella
Now it’s your turn. Other property people are maximizing their property returns from this Rent to Buy strategy. So if you have a property you want to maximize your returns from then get in touch today. There’s no future obligation. And you definitely won’t be sold to. There’s just the opportunity to discover if this strategy is right for you.