Are you a distressed and tired landlord that's fed up with all the hassles and strains of renting because of nightmare tenants, late/non payment of rent, costly repairs and NOW the imminent tax changes?
As you know, being a landlord can be extremely difficult at times and it seems that these difficult times are set to get even harder for landlords now that they will be taxed on turnover, rather than profit!
As a result of the new tax changes which were phased in from April 2017, landlords will no longer be able to deduct all of their mortgage interest costs from their property income to arrive at their profits which will ultimately lead to a surge in higher taxes.
The Telegraph reported back in November 2016 that one in four buy-to-let investors have now decided to sell up due to these new tax changes.
In fact, we’re already seeing it right now. Due to the Section 24 tax changes, many long term landlords are deciding to retire early, rather than pay all the extra tax on their rental income, and so are starting to sell up. But the problem most will then face is a hefty capital gains tax liability as most will exceed their taxable allowance by selling their entire portfolio in one tax year.
However, we can help these landlords minimize their capital gains tax liabilities by agreeing to buy their portfolio (at a fixed price we both agree today) over a number of tax years thus keeping them within their taxable allowances and avoiding huge tax bills. In the meantime we'll manage and maintain all the properties at our cost just until we buy each property from them.
This way landlords keep their capital gains tax liabilities to a minimum whilst also avoiding all the hassles and strains associated with renting.
At Elite Property Buyers we have multiple solutions that have helped landlords across the Barnsley region.
If you're a landlord that's not going to be affected by the tax changes and are just merely fed up with all the hassles and strains associated with being a landlord then we would like to hear from you about the possibility of us taking on and managing your property at no cost to you.
We are a Barnsley based property company and are specifically looking to take on, over a long-term basis, landlord's buy to let properties throughout Barnsley.
You would have no worries or hassles as we will take care of all bills and repairs and will manage the property all at our cost not yours.
You would receive a GUARANTEED PAYMENT from Elite Property Buyers every month even if the property is unoccupied. This should therefore give you the peace of mind in knowing that your mortgage will be covered each and every month.
This service is completely FREE and will not cost you a single penny.
All we ask in return is that you allow us to buy your property in the future at a fixed price we both agree today.
- Landlords that have no equity in their rental property...
- Landlords who are distressed and struggling financially...
- Landlords who are fed up with the hassles of renting...
- Landlords who are tired of rental voids...
- Landlords that want a guaranteed payment every month to
cover their mortgage...
- Landlords that do not have the time or money to maintain
- Landlords who do not want to manage the property from
- Landlords that have a tired and empty property...
So, if you like the idea of receiving a GUARANTEED PAYMENT every month, having your property maintained for FREE, and having your property managed at no cost to you, then why not complete our online form to the right and speak to a member of our dedicated team.
P.S. I do not know how the tax changes will affect you nor do I know how long you've been putting up with tenant issues, rental voids, costly maintenance problems but you've obviously visited this page for a reason, and that reason could be that you've just finally had enough of being a landlord.
"I had a small terraced property that I initially bought as an investment. After many months of non paying tenants and endless maintenance problems I decided that I'd had enough of the buy to let game and just wanted out. I had the property on the market with an estate agent for many months but just couldn't sell it. In the meantime I was still paying for a mortgage and had no income from tenants as the property was empty. I met Joel and he agreed to take the property off my hands and paid me a rent I was more than happy with. Best of all he is now responsible for any maintenance issues and has even agreed to buy my property in the future at a price I was more than happy with."