Sell a Tenanted Property
Want to sell a tenanted property fast? We’re here to help.
Selling a tenanted property isn’t always the smoothest of processes. There can be a variety of challenges, from navigating complex tenancy laws to dealing with tenant objections — and don’t even get us started on the logistics of organising viewings at times to suit everyone involved. The hurdles can be daunting when selling a property with tenants, but with SellHouseFast.co.uk, you can sell your tenanted property quickly, on your schedule and with minimal hassle.
Which is no mean feat when you consider that selling a tenanted property really isn’t that simple. There are a huge amount of hoops to jump through and regulations to stick to. As all landlords will be all too aware — and as just one example — Section 24 of the Landlord and Tenant Act 1954 states that the lease will only automatically expire at the fixed term if the landlord or the tenant terminates the lease by serving notice under the Act. Which is not always straightforward, as something of an understatement.
Regulations (such as EWS1, or a lack thereof) can also cause a headache. EWS1 lets valuers know that your building has undergone a fire safety assessment, and helps them to put a value on the property that considers whether remedial works are needed. And when selling a tenanted property, making sure this is in place can be something of a process. The added joy of the highly regulated nature of the property industry, is that they change on an all-too frequent basis, so remaining abreast of the latest developments is a must.
Aside from all that, in practical terms, tenants can refuse to allow viewings; it may be that they’re subletting the property without your permission; relations may have broken down between landlord and tenant; or they may have taken misguided legal advice — the process can be fraught with complications.
In fact sitting tenants can — to an extent — refuse to leave at all, and this will only be exacerbated by a new law that will ban Section 21 ‘no-fault’ evictions. According to the most recent King’s Speech, this will be introduced alongside legislation to “give greater rights and protections” to tenants.
Luckily, we specialise in buying properties with tenants in place, with our seamless solution that saves you time, stress and money. Our service is designed to be fast, dependable and personalised to your unique needs. Our extensive experience means we fully understand the specific challenges of selling a property with tenants — and we’re here to help you overcome them.
Selling a house with tenants can feel impossible. Despite adhering to the Decent Homes Standard, landlords can still fall foul of unexpected issues when trying to sell their tenanted property, such as pet damage, cladding problems, tenants who are uncooperative or the financial strain from maintaining the property — all of which can make selling feel unachievable.
But we’re here to make it not only possible but a positive experience. At SellHouseFast.co.uk, we buy any house in any condition, ensuring a swift sale so you can move on with peace of mind. Plus, as we buy homes for cash, you won’t have to fret about financing falling through or deal with drawn-out negotiations.
How the our process works for selling a tenanted property
Initial offer
Condition assessment
Local agent valuation
Taking stock
Survey
Exchange and completion
Why selling a tenanted property fast is a winning move – the data
While it’s true that the property market is filled with uncertainties, here are some eye-opening stats that highlight the importance of service like SellHouseFast.co.uk, particularly when it comes to selling a house with tenants:
- 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 realities for many landlords, and those thinking of selling a tenanted property. It’s why SellHouseFast.co.uk has perfected a swift, dependable solution that allows you to avoid the frustration and costs of selling a property with tenants the traditional way.
Is selling a tenanted property for cash right for me?
Our service is designed to take the stress out of selling a tenanted property, offering a guaranteed sale and a straightforward process that eliminates the common headaches associated with traditional property sales. With our personalised approach and commitment to transparency, you can trust us to handle your property sale with the utmost professionalism and care.
When you need to sell a tenanted property, a cash sale can be a gamechanger. It offers immediate funds, and avoids the frustration and hassle of a traditional sale. From issues like repair and renovation to financial pressures or a well-earned retirement, there are plenty of reasons to choose a quick cash sale.
At SellHouseFast.co.uk we take the cash sale advantage even further. Our service stands out because of our dedication to a fast, reliable service that’s as transparent as it is personal. We ensure a fair and accurate cash offer based on our in-depth assessment of your property, as well as detailed market insights and our wide experience. Our streamlined process can arrive at completion as quickly as you require. It’s the quickest, smoothest route to cash in your bank account and no more hassle of managing or selling a tenanted property.
At SellHouseFast.co.uk we pride ourselves on being a partner who understands your needs and delivers on our promises. So, if you find yourself in any of the scenarios mentioned above, make it easy with our quick, efficient solution that’s perfect for selling a property with a tenant.
Why sell a tenanted property with SellHouseFast.co.uk?
Speed and certainty
Efficiency
Powered by data
Personalised customer service
Transparency
Frequently asked questions about using SellHouseFast.co.uk to sell a tenanted property
Do you need more information? Have specific questions? Our friendly team is just a call away, on 0800 098 3789.
Alternatively, check out some of the most common questions we get asked below.
But as well as harnessing the latest market intel, we use local experts and qualified surveyors, all of which helps us arrive at a fair price. This data-driven, expertise-led approach guarantees that you get the best possible price when you sell a tenanted property to SellHouseFast.co.uk.
What’s more, we buy any home in the UK. That means we buy any house, we buy any flat, any bungalow, and ultimately we buy any property of any kind and any location in the UK.
Areas We Buy Any Tenanted Property
We operate throughout England and Wales. So whether you tenanted property is situated in the rolling hills of Wales, a vibrant city in England, or anywhere in between, we can buy it quickly for cash.- Birmingham
- Blackpool
- Bolton
- Bournemouth
- Bradford
- Brighton
- Bristol
- Cambridge
- Cardiff
- Chester
- Colchester
- Coventry
- Derby
- Doncaster
- Durham
- Hartlepool
- Hull
- Ipswich
- Leeds
- Leicester
- Lincoln
- Liverpool
- London
- Luton
- Manchester
- Middlesbrough
- Milton Keynes
- Newcastle
- Newport
- Norwich
- Nottingham
- Peterborough
- Portsmouth
- Preston
- Reading
- Rochdale
- Rotherham
- Salford
- Scarborough
- Sheffield
- Slough
- Solihull
- Stoke
- Sunderland
- Sutton Coldfield
- Swansea
- Warrington
- Wigan
- Wolverhampton
- York