Knight Knox, a property consultancy specialising in investment, has launched an online platform, yieldit, which aims to simplify the sale and purchase of buy to let units.
The firm says the platform launch follows feedback from investors who have expressed difficulty selling their investments on with traditional high street sales agents.
Yieldit will specialise in the sale of tenanted buy to let properties from investor to investor on a nationwide scale and aims to provide what Knight Knox calls “a full-circle service, from valuation to completion.”
Samantha Edwards, head of marketing at Knight Knox, says: “The buy to let sector continues to grow and we have been aware for a long time of the need from our investors for us to provide an exit strategy for their investments. The simplest way to achieve this is to sell or buy to like-minded individuals who already understand the nature of the sector.”
Yieldit will involve an existing network of over 80,000 pre-qualified investors, focuses particularly on tenanted properties, generating immediate income for investors.
The business will operate on a No Sale No Fee basis and provide free online valuations.
The platform, previously known as Intus Residential, is based in Manchester and has already sold over £26.3 million worth of property across the UK to investors from almost 100 countries.