Frequently asked questions

We are! As a franchisor with many franchise partners running existing sales and lettings business the length and breadth of the UK we welcome the opportunity to introduce you to one of our Franchise Partners most of whom are looking to grow the lettings side of their businesses.

Other interested parties might include:

• Larger Lettings Agencies: looking to expand or reduce competition
• Independent Estate Agents: wanting to add a lettings arm quickly by buying instead of building.
• Property Investors: looking to gain control and earn extra income by owning an agency.
• Entrepreneurs: attracted by the steady income and growth potential.
• Investment Firms: interested if the business shows strong profits and scalability.
• Overseas Buyers: to use it to enter the UK market and manage local properties.
• Management Buyouts: sometimes the current operations team wants to take over from the current owner – we could help facilitate (and fund) that too.

It depends—anywhere from weeks to months. Timing is affected by preparation, pricing, market demand, buyer caution, legal steps, and financing. Thorough preparation  and motivated buyers speed things up and we can help with both those things.

You can sell without one, but it can be helpful to hire a solicitor. They’ll handle contracts, due diligence, legal protections, compliance, leases, staff issues (like TUPE), and any disputes. Their help makes the sale smoother and safer.

Costs vary. Expect fees for valuation, brokers (1–10%), solicitors, accountants, marketing, due diligence, property transfers, and tax planning. Budget ahead to avoid surprises. One of the benefits of using Your Move is that we wouldn’t charge for the valuation or the due diligence.

You’ll likely pay Capital Gains Tax (CGT). There’s a tax-free allowance (£12,300), and rates range from 10–20%. Business Asset Disposal Relief (BADR) can cut CGT to 10% on up to £1M. Other reliefs may apply—talk to a tax advisor

BADR  - Business Asset Disposal Relief (formerly Entrepreneur’s Relief) gives a 10% CGT rate on qualifying business sales up to £1M. You must own the business or shares for 2+ years, hold 5% voting rights, and be an employee or officer. Rules vary, so get expert advice.