HMO Sales and Guaranteed Rent Specialists
If you're looking to sell or lease your HMO, you're in the right place. As Greater Manchester's HMO specialists we're in the unique position of making you two offers - a guaranteed rent with no hassle over 3-5 years and a sale price with no chain and no agency fees.
How it works
1. Appraisal
Desktop or in person, choose what works best for you. Its always good to view a property although we appreicate it may be sensitive if it is tenanted and we can therefore be flexible with our approach.
2. Detailed valuation
We will provide both a sales valuation and also a Guaranteed Rent offer which may be more tax effective. We can discuss the pros and cons and likely timescales with you, for you to make a decision.
3. Action steps advice
We can provide you with advice on the best ways for you to maximise the property appeal, value and speed of sale.
4. Choose between off market or on market strategies
We have a range of options, all with NO SALES FEES, from off market to our large database of qualified HMO buyers, to a 28 day cash offer, property auction and also on market, using all the main property portals. We can advise on the best sales strategy to meet your needs.
5. Experienced HMO Negotiators for optimal results
We can help you with all the negotiations, using our experience to get you both the best price available and terms for your property. We deal with a range of buyers from cash, bridging and pre approved mortgage buyers.
6. Expert sales progression for piece of mind
HMO sales can be complex and we probably have come up against all the likely issues which we aim to prevent using our detailed 40 point onbarding checklist. You can rely on our vast experience of over 750 conveyancing deals to help overcome any issues which may arise.
Guaranteed Rents may be tax efficient
A sale versus Guaranteed Rent
What is Guaranteed Rent?
We offer a long term lease, typically 5 years with a 3 year break clause with a monthly GUARANTEED RENT, there are no voids, or the usual utility costs and we also cover some of the property maintenance and manage the compliance certificates for you for your peace of mind.
Pros and Cons of a sale
- PROS:
- Release capital
- Get rid of tenant issues
- HMO Management can be noisy
- CONS:
- Lose the cashflow
- Potential Capital Gains Tax
- No future capital growth
Pros and Cons of Guaranteed Rent
- PROS:
- Maintain cashflow
- Can be more profitable
- Hands free and less hassle
- No capital gains tax
- Potential capital growth
- CONS
- May need specialist mortgage
- We need vacant possession which we can assist with
Why work with us?
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10+ Years as HMO Specialist
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25+ Years as a Landlord
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500+ Managed Tenancies
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150+ Properties Sourced
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750+ Property Conveyancing Transactions
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40+ High End HMO Conversions
Some HMOs we have sold:
Our Story
The Property Brokerage which has recently rebranded to The HMO Agent, was founded by Mark Barrett in 2017, to provide a HMO Portfolio Builder service to clients of our sister company The HMO Agency. These ranged from Accountants, Solicitors, business owners and full time property investors both in the UK and overseas, looking for a trusted partner to provide a hands free service.
The HMO Agency was a leading HMO specialist in the North West, managing over 500 tenants, which Mark successfully started, systemised, scaled and sold to a well known national provider. The company continued to provide a high end Portfolio builder service for HMOs and commercial conversions as well as helping clients sell their HMOs.
We now help clients with HMO property sales and Guaranteed Rent.
Founders Story
Mark Barrett's an award winning Property Entrepreneur with over 25 years experience as a Landlord, and 10 years previous experience as a mortgage broker helping clients build their property portfolios.
Mark has experience in buy to lets, HMOs, and commercial conversions and specialises in working with a range of care providers to provide accommodation for their service users. He has completed more than fifty option deals, secured planning gains, and converted over forty HMOs and commercial properties.
Mark was on the Property Entrepreneur Board for 8 years, and hosts the "Property Entrepreneur: Deals Deals Deals" podcast for over 3 years, known for featuring innovative property deals across the UK. He helped with setting up The Get Up Give Back initiative within The Property Entrepreneur and was the Head Fundraiser when it launched, helping with providing nearly 500 life changing cleft lip operations in partnership with Operation Smile.
He has also represented the National Landlords Association in the North West, advising landlords on legislation and best practice.
Here's what our clients think:
I have known Mark for nearly 10 years and he is my Go To on HMOs, the Guaranteed Rent service has resulted in less hassle and more profit on my HMO
- Kevin Edge - Landlord and Developer
I have used Mark and his team to handle all the HMOs I have sold and can count on them for accurate valuations and handling all aspects in the sale.
- Josh Keegan - Ultimate FD
Mark and his team have sold a number of my properties and have always provided a great service, finding cash buyers off market and at market value.
- Steve L - Landlord
Connect with Our Team
Contact The HMO Agent in Warrington for expert property management assistance.
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