Selling a buy-to-let property can be quite complex, particularly if you have existing tenants. You’ll need to navigate mortgage considerations and honour tenancy agreements and terms. This is before you even start scheduling viewings around your tenants’ availability, not to mention dealing with the market itself.
In June 2024, the average house price in Newcastle upon Tyne was £194,000, marking a 5.4% increase from June 2023. This growth outpaced the overall rise in the North East, which was 4.2% over the same period. In July 2024, private rents averaged £981, showing an annual increase of 4.6% from £938 in July 2023, although this was lower than the 6.1% increase seen across the North East over the year.
We eliminate the stress, time, and uncertainty involved in selling your Newcastle property with tenants. At Sell House Fast, we guarantee the sale, and the funds will be transferred to your account immediately upon completion.
Whether you need to pay off debts or mortgage repayments urgently, have decided to step away from being a landlord, or have any other reason — if you need a quick, guaranteed sale, we are here to assist.
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How SellHouseFast.co.uk works
How does Sell House Fast work?
Newcastle is undeniably a fantastic place to call home. According to census data, the population of Newcastle upon Tyne grew by 7.1% between the last two censuses (2011 and 2021), increasing from about 280,200 in 2011 to roughly 300,100 in 2021.
This makes it the fastest-growing area in the North East in terms of population percentage. During the same period, the North East’s population rose by 1.9%, while England’s overall population saw a 6.6% increase.
But even so, selling a property the standard way involves many steps. Potential buyers need to view the property, sometimes on short notice. Then there’s the negotiation over price, waiting for mortgage approvals, and dealing with estate agents who might not give straight answers. There’s a reason why moving house is considered one of the most stressful and time-consuming tasks.
Want to sell your house fast in Newcastle? Sell House Fast is your solution. We handle everything — we buy any property for cash.
Here’s how it works:
1
Contact us and tell us about your property
2
Receive a cash offer
3
Agree on the final terms
4
Legal procedures are handled
5
Receive the cash instantly upon completion
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All you need to do is fill out our simple form with some basic information about your property. Our experts will then craft a competitive cash offer for you. If you accept, we’ll handle the rest. Nothing could be easier.
This efficient, personalised approach ensures a fast sale for your property. If you need a quick house sale in Newcastle, we’re here to assist.
Selling property with tenants in Newcastle
If you need to rapidly sell your tenanted Newcastle property for cash, we’re here to help—no matter the location, the condition, or the situation.
Looking to reduce your buy-to-let portfolio by selling a property?
Selling a buy-to-let property can be a lengthy process. First, you need to locate a buyer, and then you’ll need a solicitor to complete the conveyancing.
While there are estate agents who specialise in buy-to-let properties, you won’t be able to get immediate assistance — there’s a queue. If the property is vacant, a standard estate agent might help, but there will be delays.
In contrast, we can complete the entire process — and have the money in your account — in days. No waiting, no stress, no fuss. Just a straightforward, easy transaction.
"This service was exactly what I needed. The whole process was incredibly quick and easy"
Margaret Wainwright
I need to sell my property to avoid paying for maintenance and repairs
For many landlords, selling a tenanted property becomes necessary due to the rising costs of upkeep and repairs. This is particularly true with the implementation of stricter regulations, such as Enhanced Tenant Protections, GSRs, EICRs, and EPC ratings.
We’re here to assist. With Sell House Fast, you get an instant cash offer and can have the money in your account within a week. You’ll be free from the burden of a tenanted property and able to spend your money as you please.
"Honestly, we had run out of money, and the property was no longer suitable for its purpose — we owed it to our tenants to take action. Thanks to this service, they can remain happily in the property, which has seen significant improvements"
Alexander Davis
I need to sell to avoid repossession
We understand that avoiding repossession may leave you with a short window to sell your Newcastle house, and that’s where we can step in. Whether you need assistance in clearing your mortgage arrears, avoiding additional charges, or quickly settling your debt, we’re here to help. Free up your money for a new home and keep your credit rating intact.
"This was exactly what I needed, just when I needed it. Thank you so much for being a breath of fresh air."
Michael Brown
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Why consider selling a tenanted property in Newcastle?
For many sellers, the slow pace and uncertainty of the traditional property selling process are reasons enough to choose a cash sale. In some cases, such as selling a tenanted property, opting for a cash sale can be a vital lifeline.
At Sell House Fast, we understand that each situation is unique and comes with its own challenges. Here are some common scenarios where our quick, hassle-free service can make a significant difference when selling a tenanted property:
Retirement
If you’re a landlord planning to retire and want to quickly liquidate your assets, cash house buyers offer a swift, stress-free option. Selling your property portfolio to a cash buyer like Sell House Fast ensures efficient and transparent processes, helping you retire sooner with much less hassle.
Repossession
If you’re up against repossession, time is of the essence. Since we buy any home, we provide a fast way to sell your property, allowing you to bypass the repossession process and promptly resolve any debts. This can bring you peace of mind and closure during a challenging period.
To get rid of the hassle
Maintaining a tenanted property can be quite demanding. From dealing with challenging tenants to handling unexpected bills and urgent matters, it’s not always easy, no matter where you are. Sometimes, it makes more sense to save yourself the time, effort, and stress.
To reduce a buy-to-let portfolio
Selling a buy-to-let property can be quite the process. First, you need to find a buyer, and then have a solicitor ready to complete the conveyancing. Estate agents specialising in buy-to-let properties can’t always assist you immediately, requiring you to wait. Even using a standard estate agent for a vacant property involves delays. In contrast, we can finalise the entire process — and have the money in your account — in a matter of days. No waiting, no stress, no fuss. Just a simple, smooth transaction.
Spiralling costs
Facing extensive repair costs can be daunting for landlords, especially with recent interest rate hikes and stricter energy efficiency regulations. Unfortunately, these very issues that prompt you to sell quickly can also delay the sale and reduce the property’s value. Sell House Fast offers a quick and reliable solution by purchasing any home in any condition. No more big bills, just peace and quiet.
Divorce
Facing a divorce is tough without the extra stress of liquidating assets. For many landlords, this step is inevitable. We relieve this burden by offering a speedy and straightforward sale, helping you and your ex-partner move forward quickly, bypassing drawn-out and often emotional processes.
Chain breaks
Few frustrations in life compare to a property chain breaking down, and having tenants can add even more complications and pain. We can intervene to purchase your property quickly, helping you avoid this major obstacle.
Poor property conditions
When a property needs major repairs, selling it traditionally can be especially challenging. We buy any property regardless of its condition, letting you skip the slow selling process and enjoy the perks of a fast cash sale.
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Key benefits of selling a tenanted property in Newcastle
When you choose Sell House Fast, you receive:
Trustworthiness and honesty
With us, what you see is exactly what you get. We keep everything clear and simple, so you’ll always know where you stand and what’s happening.
Proficiency
We believe in keeping the momentum going. So, as soon as you reach out, we’ll get right to work and ensure everything proceeds smoothly.
Individualised, warm service
When you reach out to us, our approachable team will be on hand to answer your questions. We’re here to help.
Regardless of the reason or circumstances, if you need to sell your Newcastle property for cash, get in touch. We buy any property.
Why Selling a Tenanted Property Quickly Is the Smart Choice — The Facts
Although the property market can be unpredictable, these revealing statistics demonstrate why a service like Sell House Fast is so valuable, especially when it comes to selling a tenanted property:
In 2023, approximately 300,000 property sales fell through due to various complications. That’s 35% of all sales. This staggering figure shows the uncertainty and frustration faced by many sellers.
Selling a property with tenants can reduce its value by 20-40%, depending on the tenancy type. This is because most buyers want a vacant property, therefore attracting viable buyers can be lengthy and difficult.
230,000 buy-to-let mortgages will reach the end of their fixed rate deals during 2024. This means finances are only going to get tighter for thousands of landlords.
37% of buyers were gazumped in 2023. That’s a lot of derailed plans and wasted time and effort.
26,315 properties were repossessed in 2023. A quicker sale can help avoid repossession.
In 2023 it took 183 days or 6 months for the average property sale to complete.
These statistics reveal the challenges many landlords face when selling a tenanted property. That’s why Sell House Fast offers a quick, dependable solution, allowing you to bypass the frustrations and costs associated with selling a property with tenants the conventional way.
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Selling a tenanted property in Newcastle FAQs
If you want to sell your Newcastle tenanted property fast, but aren’t sure where to start, just get in touch. Our friendly, knowledgeable team are more than happy to answer any questions you might have, and help you make the first step to a fast property sale in Newcastle.
When you sell a property with tenants in place to Sell House Fast, we respect and honour the existing tenancy agreement. This ensures your tenants can continue living in the property under the same terms, offering them stability and continuity. We make the process smooth for both you and your tenants, allowing you to sell your property without disrupting their living situation.
We work around your timeline, offering flexibility to complete the sale as quickly as you need. Whether you’re facing financial pressures or any other urgent situation, our fast turnaround is perfect for landlords looking to sell their property swiftly without delays. You can count on us to streamline the process, ensuring a smooth and timely sale that suits your circumstances.
No, we pride ourselves on complete transparency. When you sell a property with tenants to us, there are no hidden fees or unexpected costs. The offer we make is the amount you’ll receive, and we complete the sale on the date you choose. It’s a fast, simple, and guaranteed process with no surprises.
We understand that getting a fair price for your property is crucial. That’s why we use the latest market data and advanced valuation methods to ensure you receive an accurate offer.
In addition to leveraging market insights, we work with local experts and qualified surveyors to provide a comprehensive valuation. This data-driven, expertise-led approach ensures that you get the best possible price when you sell a tenanted property to Sell House Fast.
We understand that managing a property with problem tenants can be incredibly challenging. The good news is, we specialise in buying properties with difficult tenants in place. Our service is designed to relieve you of the stress and hassle associated with tenant issues.
We handle all the complexities on your behalf, allowing you to sell your property without having to deal with tenants directly. Let us take care of the details, so you can move on with peace of mind.
We respect existing tenancy agreements and ensure that tenants’ rights are upheld. This means your tenants can continue living in the property under the same terms as before the sale.
At Sell House Fast, we pride ourselves on offering a tailored, transparent, and totally honest service. We understand that every property sale is unique, and we work closely with you to ensure that the process is smooth and fast, with no hidden fees or surprises. Our commitment to providing a personalised service is what sets us apart, and it’s why so many of our customers choose us when selling a tenanted property. Whatever we do we are very open about it and will always talk you through everything.
What’s more, we buy any type of property across the UK. Whether it’s a house, flat, bungalow, or any other property, no matter the location or condition, we’re here to help. Our straightforward process makes selling your property easier and faster than ever.
At Sell House Fast, we understand that the cost and effort of repairs and ongoing maintenance can be a major challenge for landlords. That’s why we offer a solution that takes all the pressure off you. We buy properties as-is, meaning you don’t have to worry about making any repairs, whether it’s minor fixes or major issues like cladding problems. We handle everything, allowing you to sell quickly and move on without the added stress of costly renovations or lengthy delays.
Our process is designed to be simple and straightforward, ensuring a quick and hassle-free experience. Once you get in touch with us, we’ll provide an initial cash offer based on the details you share about your property. If you’re happy with the offer, we’ll take care of all the paperwork and work with you to complete the sale on your timeline. It’s that easy — no delays, no stress, just a fast and smooth transaction.
The stress of facing repossession can be overwhelming, especially for landlords. At Sell House Fast, we understand the urgency, which is why we buy any property quickly and can get the funds to you fast. This allows you to settle any outstanding debts and avoid the repossession process, giving you the opportunity to move forward with a fresh start and peace of mind.