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TODAY'S OTHER NEWS

BTL sales platform ‘inundated with valuation requests’ from landlords

A new buy-to-let property platform has been well received by BTL investors potentially looking to offload their properties.

yieldit, launched by Knight Knox earlier this month, specialises in the sale of tenanted, buy-to-let property from investor to investor.

The platform has reported impressive activity within the first fortnight of its re-launch, boosting its portfolio of properties by 11.5%.

Jon Cartlidge, a valuer for yieldit, said: “The response to yieldit has been fantastic and we have been inundated with valuation requests from investors keen to find out what their buy-to-let property is worth.

“Current market conditions are perfect for large scale landlords to look at restructuring their portfolio in response to the changing buy-to-let landscape, with lots of first time landlords entering the sector, enticed by a growing pool of renters and ballooning rents.”

Head of Sales at yieldit, Ryan Hughes, added: “We’re delighted with the response we've had over the last two weeks from investors who are happy to have found a bespoke buy-to-let sales service.

“We hope that going forward yieldit will become the go-to platform for all investors.”

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