Do You Want to Sell Your Tenanted Property Fast?

Selling a tenanted property

Being a landlord is becoming increasingly difficult with the increase in laws and regulations. Selling a property with a tenant proves to be a difficult task, as it is not an attractive asset to most investors.

At Sell-Fast, our team of experts has bought and sold many buy-to-let properties and has a lot of experience selling investment properties. We can provide you with all the help and guidance you need to make the best decision for you.

Process for selling your tenanted property

At Sell Fast, we know that selling a property can be hard, so we give our clients expert help and walk them through each step of the process of selling their tenanted property quickly.

Here are some common needs for selling a home fast that is tenanted.

Review the tenancy agreement

Start by looking over the assured shorthold tenancy between the tenant and you as the landlord. Look for any terms that talk about selling the property and what the tenant's rights are in that case.

Communicate with the tenant

It's important to talk to the tenant in an open way. Tell them you want to sell the property and talk to them about the issue. It's important to keep strong relationships and let your tenants know what's going on.

Determine the type of tenancy

Find out what kind of agreement you have with your tenant. An assured shorthold tenancy (AST) and a periodic tenancy are the most popular kinds. How much notice you need to give depends on the type of agreement.

Serve the appropriate notice

Serve your tenant the appropriate notice based on the type of agreement. If the tenant has broken the terms of the AST, you will need to serve a Section 8. Otherwise you'll need to give at least two months' notice using a Section 21 notice.

Consult with legal professionals

You might want to talk to a solicitor who specialises in landlord-tenant issues. They can help you understand the legal requirements, ensuring you comply with the rules and regulations.

Transparent process of buying your home

Step 1

Complete our online registration form

Fill out our online registration form so that we can better serve you.

Step 2

Receive a call from us within 24 hours

A team member will call you within 24 hours to better understand your needs and discuss how we can help.

Step 3

Receive an offer within 48 hours

Within 24 hours of viewing your property, we will make you a no-obligation cash offer.

Step 4

Sale Agreed

Afer agreeing to the sale, you can relax. We'll cover all the fees, ensuring a timely completion.

Popular areas we service

Do you need to sell your house quickly?
For homes and apartments in the following areas, we offer speedy cash sales.

Want to sell your tenanted home quickly?

Selling a tenanted property can present unique challenges, but our experienced team is well-versed in handling such transactions with efficiency and professionalism. We understand the importance of maintaining a positive relationship with your tenants throughout the process. Our experts will work closely with you and your tenants to ensure smooth property viewings and inspections while adhering to legal obligations. Selling a property fast can be difficult, and our goal is to help you achieve a fast and successful sale.

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FAQs

Listed below are some common FAQs for selling a tenanted property.

If you cannot find an answer to your question, then simply contact us today for a free consultation.

Can I sell a house or flat that has tenants in them?

Yes, it is possible to sell a property that is currently tenanted. However, this could be challenging as it is not an attractive investment to many investors.

If I am planning on selling the property do I need to make my tenant aware?

Yes, it’s crucial to let the tenant know that you want to sell the house. Open lines of communication are essential for maintaining a positive connection with the tenant.

If the tenant has an Assured Shorthold Tenancy (AST), can I still sell the property?

You can stll sell your property but it is vital that you follow the procedure by serving a Section 21 or Section 8 Notice.

How much notice do I need to give my tenant?

Usually you need to provide a minium of 2 months notice. This does depend however on the tenancy agreement and local government regulations.

If my tenanat is on a periodic tenancy, can I still sell my property?

A periodic tenancy is a rolling contract and the notice period is dependent on the agreement. It is always best to seek the advice of a property solicitor so you can be guided on how to best approach the situation.

If I am selling the property should I make buyers aware it is tenanted?

It is important for you to disclose any and all information to a buyer. If this is discovered later it could cause the potential sale to fall through. Communication with both the tenant and buyer is important at all times.

Will the tenant be evicted by the new landlord?

With all evictions it requires the landlord to follow the correct laws and regulations of the eviction process. A tenant cannot be simply evicted.

Should I consult a solicitor before selling a tenanted property?

Yes, consulting a solicitor is strongly advised. They will ensure that you follow the correct procedure when selling your invest property.