Selling a Tenanted Property in London
Thinking about selling a property with tenants in London?
Selling a property with tenants in place often brings extra challenges. Coordinating viewings around your tenants’ schedules can be tough, especially if they’re not thrilled about the sale. If they aren’t keeping the property as tidy as you’d like, it can make things even trickier — and that’s before factoring in the state of the market.
London’s house prices are still the highest in the UK, with an average price of £508,000 in December 2023. Private rents in some areas, like Kensington and Chelsea, reach £3,248, making it one of the most expensive places to rent in Great Britain.
Selling a tenanted property is niche, appealing to a specific type of buyer, which can make it harder to achieve the price you’d ideally want. Finding the right buyer takes time, and getting them to view the property at a time that suits your tenants isn’t easy. You’re also relying on tenants to keep the place presentable — a sitting tenant can reduce a property’s value by up to 20-40%.
But with Sell House Fast, none of these issues stand in your way. We take on the tenant’s contract, so they won’t need to worry about eviction, and you can secure a quick, straightforward sale.
The Sell House Fast process is simple
London has long been a fantastic place to live, and the numbers back it up. Census data shows that between 2011 and 2021, the population of the City of London rose by 16.4% — from roughly 7,400 to around 8,600.
This growth makes the City of London one of the fastest-growing areas in the capital, with only Tower Hamlets (up by 22.1%) and Barking and Dagenham (up by 17.7%) seeing larger increases. Across London, the population grew by 7.7%, compared to a 6.6% rise in England as a whole.
Still, selling property in London the traditional way comes with plenty of hurdles. You’ll be juggling viewings, often at inconvenient times, negotiating offers and waiting for mortgage approvals—all while dealing with estate agents who may be less than straightforward. It’s little wonder moving is known as one of life’s most stressful events, not to mention time-consuming.
Looking to sell a house fast in London? SellHouseFast.co.uk makes it simple. With us, none of the usual hassles apply — we buy any property for cash, offering you a fast, reliable sale.
How it works is simple:
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1You get in touch and tell us about your property
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2You receive a cash offer
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3We come to a final agreement
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4Legal work is carried out
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5The cash arrives immediately upon completion
Just fill in our straightforward form with a few basic details about your property. From there, our experts will quickly put together a competitive cash offer. If you’re happy with the offer, we handle the rest, leaving you with no hassle.
This is a tailored, efficient way to secure a quick cash sale for your property. You’re after a fast property sale in London, we’re here to make it happen — it’s a match made in heaven.
Selling a tenanted property in London
I need to sell a property to reduce my buy-to-let portfolio
Estate agents specialising in buy-to-let properties can help, but they come with their own challenges, including added fees and potentially long waiting times. And if you’re selling a property without tenants, a standard estate agent might be an option, but that’s no guarantee of a fast sale. The waiting, juggling and paperwork can feel never-ending.
We’re here to cut through the complications. When you choose Sell House Fast, we can complete the sale and have the money in your account in a matter of days. No waiting, no stress, no hidden costs — just a straightforward, hassle-free transaction that gets you your funds fast.
I need to sell my property to avoid the rising cost of maintenance and repairs
If you’re feeling the weight of these obligations, we’re here to help. At Sell House Fast, you’ll receive a fair cash offer quickly, and the funds can be in your account in a matter of days. No more worrying about repairs or ongoing compliance — just a clean break, with cash in hand.
I need to sell to prevent repossession
Our cash sale route will bypass repossession altogether, so you can protect your credit and regain control. With our streamlined process, the funds you need can be in your account swiftly, letting you settle your debts and start afresh.
Why sell a tenanted property in London?
Avoiding repossession
Retirement and cashing out
Portfolio reduction without the wait
Selling properties in poor condition
Rising costs of maintenance and compliance
Divorce and financial settlements
Simplifying tenancy-related hassles
Avoiding broken chains
What are the advantages of selling a tenanted property in London with Sell House Fast?
With Sell House Fast, speed is at the core of our service. But a quick sale is only one of the reasons London flat owners choose us — there’s much more to it.
We’re not ones to blow our own trumpet, but we do want you to know exactly what you’re getting with Sell House Fast. Here’s what we bring to the table:
Transparent and honest
Efficient and proactive
Friendly, personal touch
The stats reveal why selling a tenanted property fast can make all the difference
With the current uncertainties in the market, these stats highlight the importance of a cash sale, especially with tenants in place:
- In 2023, 300,000 sales fell through due to complications — 35% of all sales.
- Selling with tenants in situ can reduce property value by 20-40%.
- 230,000 buy-to-let mortgages are set to end fixed rates in 2024, tightening finances for landlords.
- 37% of buyers were gazumped in 2023, leading to wasted time and effort.
- 26,315 properties were repossessed last year — a quicker sale can help avoid this.
- Average sale times last year reached 183 days — that’s 6 months.
These figures highlight the benefits of an established property buying company like Sell House Fast, especially for landlords selling with tenants.
FAQs about selling a tenanted property in London
If you’re looking to sell a tenanted property fast in London but you’re not sure of your first step, our team is ready to help.
Here are answers to some common questions:
What’s more, we buy any property across the UK. Whether it’s a house, flat, bungalow, or any other type of property, in any location, we’re ready to make an offer.
