The Property Divestment Scheme enables landlords to raise capital by selling part or all of their property portfolios. Important criteria include the following:

• Properties will be purchased for cash up to 70% of the open market value. All properties will be valued by an independent qualified surveyor, which will be paid for by RPS
• Portfolios can be of any size but must be for residential property only
• All property must be located in England, Scotland or Wales
• New developments and properties in need of refurbishment will be considered
• Portfolios must comprise properties which are let, with no major voids or issues relating to rent arrears or defaults
• Tenancies must be either Assured Shorthold Tenancies (ASTs) or Statutory Periodic Tenancies
• No Assured Tenancies, Regulated Tenancies or tenancies giving security of tenure for life.
• There are no up-front fees or charges for landlords. The only cost which landlords will incur will be for their legal work Solicitors will only be instructed after a formal offer has been issued

To find out more, please contact TBMC on 029 2069 5540 or email tbmc@therpsgroup.co.uk.