Here at The Property Advantage, we have tried and trusted processes for selling HMO property to the right investors. We recognise that the sale of HMOs cannot be treated in the same way as a ‘vanilla’ residential property. That’s why The Property Advantage benefits from a specialist approach to marketing HMO property. Selling an HMO involves navigating a variety of factors, including the market conditions, lender requirements, potential valuations, and of course tenant peace of mind.
In volatile economic times, down-valuations from lenders can happen. There are many factors which affect HMO valuation, and here at The Property Advantage we are aware of them all. In many circumstances, we are able to work alongside lenders and investors to ensure the right valuation figure is finally achieved.
Benefits of selling HMO property with The Property Advantage
Here are just a few of the reasons why we’re market leaders in the sale of HMO property.
Our Buying Clients include
At The Property Advantage, we are specialists in marrying up sellers and investors thanks to our established networks. We have a wide range of clientele thanks to years of growing our reputation and building relationships with prospective buyers.
Care Sector Clients
Since 2018, we have grown a close relationship with the Care sector in the UK. The Property Advantage has sold many HMOs, small blocks of flats, self-contained units and whole portfolios to buyers within this sector. Indeed, HMOs and units of multiple occupancy have played an extensive role in homing some of the more vulnerable within our society. We find that the sales process within this sector is often very fast and offers little potential for fall-through, therefore offering a brilliant selling option.
The Property Advantage team started marketing directly in Hong Kong & China in 2019 and ever since this side of the business has continued to grow. Our ever-growing network of overseas clients provides a fantastic buying option for your HMO. Each day new clients register their interest in our HMO investment opportunities.
HNW & Funds
We make an immense effort to retain some very exciting high net worth (HNW) and fund clients for our larger assets, land and portfolio. Properties that suit this buyer type will be personally showcased to the client by one of our specialist HMO brokers.
On Market Buyers
A lot of our investment stock is not 'marketed' in the traditional sense of the word. For some investment properties, however, full marketing is the best approach to get the best price from the most secure buyers. We therefore have the ability to market and reach the same audience as traditional agents via RightMove, Zoopla, OTM, Estates Gazette and more.
Registered Private Investors
We have spent years growing an extensive and detailed database relating to existing and prospective investors. We are actively in touch with many of these prospects on a daily basis, because their needs change, and we might need to pivot accordingly. We know we have the strongest prospect database in the HMO space. Many of our investors have proof of funds logged, and are simply waiting for their next investment opportunity.