Before applying for the scheme, please check that you meet the following lending criteria:

• 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 Residential Property Services (RPS) who we have partnered with for this scheme
• portfolios can be of any size but must be for residential property only
• all properties 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 will be accepted

There are no up-front fees or charges for landlords. The only cost which you will incur will be for your legal work. Solicitors will only be instructed after a formal offer has been issued.

To find out more, please contact our specialist property divestment team on 029 2069 1010 or email landlordcentre@therpsgroup.co.uk or click on the buttons above.