Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property118. Read the original article for full details.

Landlord Sales Agency Highlights Fast-Track Sales for UK Landlords

Landlord Sales Agency (LSA) has outlined its approach to helping UK landlords sell rental properties in a challenging market. The agency claims to offer a fast and managed sales process, often without requiring tenant eviction.

LSA states that it was founded by landlords and is designed to support landlords in exiting the private rented sector (PRS). According to the agency, it is possible to sell rental properties without first evicting tenants, and LSA manages the process to help landlords avoid void periods and continue collecting rent until completion.

The agency reports that it has a database of 30,000 chain-free buyers, including cash buyers, property developers, and other landlords. LSA says it markets properties directly to these buyers, aiming to secure a sale within 56 days. The agency also claims to provide all necessary information to buyers, including tenancy details and funding options, to facilitate sales as turnkey investments.

LSA highlights that its process is designed to reduce the number of viewings and speed up legal completion. The agency also states that it can offer a fully managed eviction process if required, allowing properties to be marketed to owner-occupiers seeking vacant possession.

According to LSA, landlords should be realistic about pricing, with properties typically achieving 85% to 90% of market value. The agency emphasises that there are no fees for landlords and that it manages the entire sales process.

LSA claims its approach helps landlords avoid lost rent and expensive void periods, and that it regularly achieves sales close to vacant possession values without the need for tenant eviction.