Fixed cash flow & guaranteed sale of your property - How?
Here’s a little-known property strategy you might be unaware of, yet it could help you with capital gains tax.
Take Monica for instance. She’s a very successful London builder and developer. Her expertise is in finding great locations and sites to build her top class developments. She focuses on what she is good at and outsources everything else. That’s why she doesn’t get involved in any property management. She finds it too time-consuming and too much of a distraction from her core business. However, sometimes she recognizes she needs help when selling her new builds.
That’s why she sought our help.
She had a £1 million pound property in a very desirable part of London and brought it to us to find her a tenant buyer. As she didn’t require the money immediately. We immediately saw our Rent to Own strategy was ideal for Monica. This is when the tenant agrees to buy the property at an agreed time in the future. The tenant buyer, in this case, turned out to be a footballer’s son who needed constant medical attention due to a condition. The sale price was an agreed £1.05 million.
The rental income was £2,700/month. The deposit was £50,000. The term was for three years. The total extra income was £50,000 on sale price and around £10,000 in rental income after her mortgage costs.
Additional savings of £12,500
By using our Rent to Own strategy, Monica was able to make additional savings. These included;
- No agent fees (£15,000).
- No letting agent fees (£10,000).
- No maintenance costs (£3,000).
- No home insurance payment (£1000).
This saved Monica
In total, Monica made an extra £89,000 from Rent to Own.
Naturally, she was delighted. She said:
“When I first heard about Zowy’s service, I wondered if it was right for me. However, Adam did a great job selling this property using his Rent to Own strategy. It worked a treat for me, as I didn’t require the sale money immediately.”
If you’ve got a property you’d like to sell but aren’t in a hurry for the money, then perhaps you should consider using this Rent to Own strategy. It can be used to find a committed buyer for your property. And can be set up to include the financial terms most attractive to you and your situation. You can also enjoy great rental cashflow until the sale goes through. What’s more, if you want to delay a sale for tax purposes, then this strategy could be ideal for you.
So why not get in touch today? There’s no obligation. You’re NOT going to be sold to. There’s just the opportunity to discover more so you can make an informed decision.