Why You Should Consider Selling Using a Purchase Lease Option 2023

Written by Alan Edwards

October 22, 2022

Purchase Lease Options
Why You Should Consider Selling Using a Purchase Lease Option

If you have a property that is surplus to your requirements, or you would prefer to dispose of it for some other reason, then contact Alan and Alpus Group about selling it to us

Purchase Lease Option

, because we believe we can offer you the best price.

This article explains Why You Should Consider Selling Using a Purchase Lease Option.

We are in the property investment and development business, and we will assess how best to Transform The Value Of Your Property, so we will always offer you the best price possible for your property.

There are plenty of companies around who will offer to purchase your property at a price that is Below Its Market Value, but we will not do this – we can offer you the current market value of your property.

Because Alpus takes a long-term view of the property market, we can offer you more money for your property if you agree to sell it to us using a Purchase Lease Option. This effectively means that we can offer you the price you need, provided that the terms and conditions of the sale suit us. What does that mean exactly?

Take for example a 2-bedroom house realistically priced at 200k GBP, but the property market is stalling because of high-interest rates and few buyers capable of completing on the purchase quickly. Alpus can offer you the right price, using a Purchase Lease Option, so that we have a right to exercise the purchase option within an agreed period of time, for example 5 years. We will then pay you a monthly lease amount, which is deductible from the overall agreed price.

Step 1: Contact Alan at Alpus Group to arrange a property visit.

Step 2: Discuss and agree to a realistic market value for your property.

Step 3: Alpus formally offers to purchase your property using a Purchase Lease Option.

Step 4: You agree to the Alpus offer, we formulate a Purchase Lease Option contract for signature by both parties.

Step 5: We jointly agree on a takeover date for Alpus to take over the property.

It is as simple as that, we agree a realistic market value, which starts to be paid from the takeover date.

Once we have possession of the property we may extend or improve it at our expense. If for whatever reason we do not exercise our option to purchase within the agreed time period, then you would get the property back with our improvements in situ, at no cost to yourself.

However, this would be an unusual occurrence and we would normally follow through and purchase any property on which we entered into a Purchase Lease Option.

I hope that we have adequately and clearly explained Why You Should Consider Selling Using a Purchase Lease Option.