Sell My House With Sitting Tenants
Sell with sitting tenants and avoid costly delays and agent fees.
Are you a landlord looking to sell one or more of your investment properties with tenants in situ? At Sell House Fast, we can help you cash in your buy-to-let property in as little as 7 days while respecting the rights of your current tenants.
We have already helped dozens of landlords across England and Wales sell rental properties they no longer need, even before their current tenancy agreement has ended. Our sale process is fast, smooth, and allows you to keep 100% of the money your property sells for.
Get a Fast Cash Offer for Your Tenanted Property
If you’d like us to help you achieve a fast and smooth sale, the first step is to get a free cash offer. Once you provide us with the information our team needs, we will review it, and within 24 hours, we will give you a call back with our offer.
For us, it doesn’t matter where your tenanted property is located, how big it is, what condition it’s in, or the current tenancy agreement that is in place. Whether you have one or multiple tenanted properties for sale, we want to hear from you.
Why Selling a Tenanted Property Is More Complicated on the Open Market
Tenanted properties are some of the most difficult to sell on the open market. Arranging for potential buyers to come in and view the property alone can breach your tenant’s right to quiet enjoyment – a risk you wouldn’t face in any other circumstance.
The pool of buyers who would be interested in purchasing a property with sitting tenants is also going to be much smaller, resulting in less demand, and allowing those who are interested in purchasing the property more room to negotiate heavily on the price.
There is also the human aspect of selling a tenanted property. Should you wait until the tenancy agreement is over before you sell? Should you prioritise your own interests? These are all difficult questions to answer, which add another layer of complexity when selling a tenanted property.
How Sitting Tenants Affect the Value of Your Property
It’s not a secret that sitting tenants can have an impact on the value of your property when selling on the open market. Some of the main ways sitting tenants will affect the value of your property include:
- The smaller pool of buyers gives those interested greater leverage in negotiations
- Properties with sitting tenants can be seen as higher risk by mortgage lenders
- Poor tenant behaviour or an untidy property can affect the offers you get
- Buyers may factor in the cost and time of eventually removing the tenants
What Rights Do Sitting Tenants Have When You Sell?
Tenants in situ have several rights that are protected by law. The main right they have is to remain in the property until the end of their agreement. This means that they’re protected from unlawful eviction at any point during or after the sale. Other rights that your tenants have, which you need to be aware of, include:
- The right to receive a proper notice before any viewings or inspections take place
- The right to quiet enjoyment of the property throughout the sales process
- The right to have their deposit protected and transferred to the new owner
- The right to continue paying the same rent until the end of their agreement
- The right to receive a written notice if the new owner intends to end the tenancy
How to Sell Your House With Sitting Tenants Quickly
If you’re after a quick sale, the best route you can take is selling your investment property through a cash house buying company like Sell House Fast. At Sell House Fast, we can help you achieve a fast, smooth, and stress-free sale.
When you sell your property with tenants in situ through us, we can complete the sale in as little as 7 days, and the entire process will cost you £0.00 (we’ll even cover all your legal costs). This allows you to skip the hefty estate agent and keep 100% of the money your property sells for.
Why Cash Buyers Are the Best Option for Tenanted Properties
When you work with a cash buyer for your tenanted house, you get many unique benefits that you wouldn’t get if you were to sell the property on the open market through an estate agent. The main advantages that you can expect when you sell through Sell House Fast include:
- Your tenants can continue living in the property until the end of the agreement
- We don’t rely on mortgages or a property chain to fund the purchase of your property
- We can complete the sale in as little as 7 days, compared to an average of 4-6 months
- You’ll pay £0.00 in estate agent fees, and we will cover all your legal costs
- Since you have no fees to pay, you keep 100% of the money the property sells for
- We buy tenanted properties in any location, of any size, and in any condition
- We guarantee the sale of your property – there is no risk of the sale falling through
How Sell House Fast Buys Tenanted Properties
At Sell House Fast, we have a clear, fully transparent, and straightforward process for buying tenanted properties. Should you decide to sell your tenanted property with us, here is what you can expect step-by-step:
- You request a cash offer and provide the information about the property we need
- We review your information and present you with a cash offer within 24 hours
- You review the offer, and if you want to move forward, you sign an agreement
- We carry out a condition report and send it off for independent valuation
- The independent valuation comes back, and we confirm the sale price
- We instruct our legal team so they can prepare all the paperwork
- A final structural survey is carried out to make sure nothing was missed
- The sale is completed, and your funds are deposited into your bank account
FAQs About Selling a House With Sitting Tenants
Need more information? Our team is available on 0800 368 4757. You can also find answers to the most common questions below.
Can I sell my house with sitting tenants still living in the property?
How does selling a tenanted property work with a cash buyer?
If you like the offer we’ve made and want to proceed with the sale, an agreement will be signed. We’ll then carry out our own checks, prepare all legal documents, and get an independent valuation. Once we are ready to move forward, the contracts will be finalised, and the sale will be completed.
Will sitting tenants affect the cash offer I receive?
Do I need to inform my sitting tenants before I sell?
How quickly can I sell my house with sitting tenants?
Do I need a solicitor to sell a tenanted property?
What types of tenancy agreements do you accept?
How can Sell House Fast help me sell my house with sitting tenants?
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