Manage episode 507094652 series 2882375
Exit strategies for property investors require careful planning, especially with impending changes to tenant eviction processes and market conditions.
• Importance of buying properties that will be easily sellable in the future
• Current process for Section 21 notices when selling with vacant possession
• Challenges with tenants on benefits who won't vacate due to council housing shortages
• Court processes including accelerated possession claims and bailiff involvement
• Alternatives such as selling with tenants in situ to other investors
• Upcoming changes with the Renters Rights Bill including Section 21 abolishment
• New four-month notice periods for property sales under proposed legislation
• Six-month restrictions on re-letting properties after eviction for sale
• Importance of wills and power of attorney for protecting property assets
• Current market conditions showing strong rental demand but slower price growth
• Benefits of maintaining good tenant relationships and reasonable rent increases
• Considerations when pricing properties for sale versus achieving quick sales
For more information on navigating property exit strategies and staying ahead of legislative changes, contact HomeMaker Properties.
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Chapters
1. Introduction and Welcome (00:00:00)
2. Exit Strategies and Vacant Possessions (00:01:03)
3. Section 21 Notices and Eviction Process (00:06:23)
4. Selling with Tenants In Situ (00:15:36)
5. The Renters Rights Bill Changes (00:21:30)
6. Current Rental Market Conditions (00:30:09)
7. Property Sales and Valuations (00:36:04)
8. Conclusion and Final Thoughts (00:39:55)
349 episodes