HMO Sales and Supported Living Specialists

Using our expertise in Supported Living Leases, HMOs and our contacts, we partner with landlords of HMOs and blocks of flats to maximise the cashflow and  investment opportunity with our hands free service for a win win partnership. We have found that the net returns can be significantly higher than other tenant models with the added benefit of potential equity gains with the Lease yield investment value, subject to valuation. You will also have access to our Power Team including specialist mortgage brokers, accountants, solicitors, insurance brokers, contractors etc. 

See below about our company and our founder, Mark Barrett. 

We provide a true hands free service for you. Since 2016 we have been helping clients such as accountants , solicitors, buisness owners and full time investors with property investing.

We provide an initial asseessment of the properties suitabality and potential with the monthly rent you will receive, along with a list of any compliance or improvements required which we manage. The property will need to be vacant which we can assist with before the lease can start and we then deal with compliance, licencing if applicable, inspections, maintenance and lease partner relationships. 

We help arrange the lease between you as the Landlord and one of our Supported Living partners. We will get a pre lease approval which may involve a postcode check and property inspection along with the terms. Most leases will be for 5 years with a mutual break clause after 3 years. The landlord is typically responsible for the structure of the property as well as the heating etc and the supported living partner usually covers some or most maintenance and tenant damage.

We deal with everything during the Lease term and manage the relationship between you and the Supported Living partner. 

We usually help with providing good quality, safe and compliant accomodation, ideally with en suites, for the homeless as there is such a shortage of supported living property in the Salford and Manchester area. Each property has a support worker who helps the tenants on a weekly basis. Depending on the property type and location other user types may be considered and offered.  

Once the lease has commenced and we have handed over the property, we collect the monthly rent from the provider and pay you the agreed amount, take care of the relationship with the provider, regular asset management property checks, deal with the ongoing compliance to ensure a hands free service for the landlord.  

We will contact you before the end of the lease to discuss your options and preferences which could be to continue with the same provider either with a new lease or on a periodic basis, find a replacement provider or look at other options such as a sale. We can also assist with a sale during the lease term should your situation change. 

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.

We will provide both a sales valuation and also a Supported Living Lease quote which may be more tax effective. We can discuss the pros and cons and likely timescales with you, for you to make a decision. 

We can provide you with advice on the best ways for you to maximise the property appeal, value and speed of sale.

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.

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.

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.

We have limited spaces available for clients looking for a hands free service to buy HMOs with the benefit of a long term lease. These are typically 4 - 6 bed HMOs with en suites in good rental areas in Salford and Manchester.

We work with clients on a Joint Venture basis on larger deals, such as commercial to residentila conversions, larger HMOs and portfolios. The investor provides the capital and we provide the expertise, with the cashflow and equity shared.

We have opportunities for investment funds which can be secured against investment properties for an attractive return. Contact us for further information. 

For the last 5 years we have worked with various Supported Living providers mostly providing good quality accomadation and support for the Homeless. They are usually over 5 years so no voids, or the usual utility costs, tenant find fees etc. We take care of everything after arranging the lease, and ensure that the compliance is in order and that the property is well maintained. 

• 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:
• Maintain cashflow
• Can be more profitable
• Hands free and less hassle
• No capital gains tax as not selling
• Potential future capital growth
• CONS
• May need specialist mortgage 
• Need the appropriate building insurance. 
• We need vacant possession which we can assist with