Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
NRLA Partners with LPX to Offer Landlords Off-Market Sales Deals
Landlord Property Exchange (LPX) has become the official off-market property sales partner of the National Residential Landlords Association (NRLA). The partnership gives over 110,000 landlords access to off-market deals across the UK.
The deals range from individual units to large-scale portfolios, according to Landlord Today.
For letting agents and inventory clerks, the arrangement signals a further shift toward off-market transactions in the UK rental investment sector. Off-market sales typically bypass public listing platforms, so agents may encounter landlords who are acquiring or disposing of property through channels outside traditional estate agency routes.
Inventory clerks could see related demand for professional inventory services on properties acquired through such deals, particularly where portfolios change hands and new tenancies or management arrangements follow.
The full report is available via Landlord Today.
Source: Landlord Today