Sell house with tenants in Bolton.
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Sell a tenanted property Bolton
Looking to sell a tenanted property in Bolton? You’re in the right place. At We Buy Any Home, we’ve helped countless landlords cash in on their rental properties quickly, completely stress-free, and for £0.
You read that right; we will take care of your entire sales process, including all the fees typically associated with selling a property. And in the end, you’ll receive 100% of the cash value of your property.
If the above sounds like something that you’d like to learn more about, submit your enquiry through our website. Then, we’ll send you a free, no-obligation cash offer for your property in Bolton.
Get a free cash offer for your house in Bolton
How it works
Looking to sell a tenanted property in Birmingham. Here’s how it works:
Free cash offer within minutes, no legal fees, any location.
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Complete our online form
Contact us to find out the cash offer amount we can offer you for your property.
All you need to do is call our customer enquiry number or complete an online enquiry form.
During our initial conversation, you can ask us any questions.
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Get a cash offer from us
We take some details from you about your property, and we will then use our valuation software to make you a cash offer.
Remember, getting an offer amount from us is completely free, and there is no obligation.
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Complete your sale
Once we have confirmed your cash offer amount, it’s up to you whether you wish to proceed.
Upon completion date, you will receive your amount in full via bank transfer.
Unlike solicitors, we do not charge commissions or fees, so you will receive the total cash amount with no last-minute deductions.
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in Bolton
Free cash offer within minutes, any condition, any location.
FAQ’s for Sell a Tenanted Property in Bolton
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Can I sell my tenanted property?
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What happens if you sell a property with a tenant in situ?
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Is it better to sell a house with or without tenants?
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Why are houses sold with tenants?
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Is it easier to sell a house with tenants?
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How much does it cost to sell a tenanted property?
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How much notice do I have to give a tenant if I want to sell my house?
If you own a property that is currently rented out, you can still sell it. There are no laws that can prevent you from doing so if you think it’s time to call it a day and cash in on your investment. That said, selling a property with tenants in Bolton can be a little bit more complicated as different rules and regulations apply.
Can I sell my tenanted property?
If you own a property that is currently rented out, you can still sell it. There are no laws that can prevent you from doing so if you think it’s time to call it a day and cash in on your investment. That said, selling a property with tenants in Bolton can be a little bit more complicated as different rules and regulations apply.
What happens if you sell a property with a tenant in situ?
Though you can sell with tenants in Bolton, you still have some extra responsibilities to take care of. A few such responsibilities include transferring over the tenancy agreement and the damage deposit to the new owner.
The new owner of the property will have to respect the tenancy agreement until its expiration date, after which they can decide how they wish to operate. Aside from that, everything else remains the same.
Is it better to sell a house with or without tenants?
It depends on who you’re trying to sell your property to. If you are targeting families, chances are that they’ll want to move into the property when they buy it. In such a case, it would be better to sell the property without any tenants.
On the flip side, if you plan on selling your house to a property investor, chances are that they will rent the property out anyway. In such a case, it’ll be better to sell the property with the tenants already in it.
Why are houses sold with tenants?
There are many reasons why landlords sell their houses to tenants. One reason is that they no longer want to be a landlord and would rather cash in on their investment, but at the same time, they don’t want to disrupt the lives of their tenants.
In some instances, it’s easier to sell a house with tenants than without (as we’ll discuss in the next FAQ), which is why landlords don’t go through the effort of giving notice to their current tenants.
Is it easier to sell a house with tenants?
That would depend on who you’re trying to sell your property to. If you’re trying to sell a tenanted property to a family that would be looking to move into the property upon buying it, it’s easy to see why selling a house with tenants in it might prove troublesome.
On the flip side, if you’re targeting investors who will rent out the property anyway, having tenants in situ at the time of sale might be advantageous, as they will start to make money from day 1. In such a case, having tenants in the property already will make the sale easier.
How much does it cost to sell a tenanted property?
That would depend on the route you take. If you sell your property through a real estate agent, you can expect your legal fees to amount to a few thousand pounds. And the thing is, those are not the only fees you’ll have to pay.
Most property agents in Bolton charge their clients an average of 1% to 3.8% of the price the property was sold for. For example, if you sell your house in Bolton for £230,000, you can expect to pay your property agent an average of £5,500 in agent fees alone.
The good news is that there is another way of selling your house with a tenant in Bolton – and it’s through us. At We Buy Any Home, we will help sell your tenanted property fast, and the best thing about it all is that you’ll pay £0 in legal or agent fees. In other words, you get to keep 100% of the money your property sells for. If that sounds like something you might be interested in, get in touch with us to get a cash offer for your buy-to-let property today.
How much notice do I have to give a tenant if I want to sell my house?
If you plan on selling your property in Bolton without tenants, as per the Housing Act 1988, you need to give your tenants a 2-month notice period. Once they are no longer in the property, you can officially begin the process of selling your home.
That said, just because you’re selling, that doesn’t mean that you need to give your tenants a notice to leave. The reason for that is because you can sell your house while the tenants are in the property. The only catch is that the new buyer will have to respect the current tenancy agreement up until the date it expires.
Free cash offer within minutes, any condition, any location.
A Close Look at Assured Shorthold Tenancy Agreements
Also known as ASTA, Assured Shorthold Tenancy Agreements are a type of contract between the landlord and the tenant. ASTA allows the tenant to live inside the property for a pre-defined minimum term without fearing being evicted.
ASTA isn’t typically a reason for impeding a sale, but it can make the process of selling a property a little more complicated. Some examples of such complications include:
- Breaching the tenant’s right to ‘Quiet Enjoyment’ during property viewings
- Refurbishing the property to make it more desirable while the tenants live in it
- Having to terminate the lease because the new buyer doesn’t want the property to come with tenants.
ASTA can make selling a tenanted property tricky and stressful, so we made it simple. Regardless of what situation you’re in as a landlord, if you want to sell your property, we can help you do that. If you’d like to find out more, get in touch with us and get a cash offer for your buy-to-let property today.
Free cash offer within minutes, any condition, any location.
How Our Process of Selling Your Tenanted Property in Bolton Works
At We Buy Any Home, we are completely aware of how difficult it can be for landlords to sell a house with tenants in Bolton. That’s why we’ve simplified the process so the sale of your property is not only quick, but hassle-free. Here is a look into the 10-step process we follow when buying a property from one of our customers in Bolton.
- First, you need to complete our enquiry form and provide us with all the relevant information that we need, which can be found on our website
- Once we receive your enquiry form, one of our friendly team members will give you a call back
- During the call, we’ll give you a free, no-obligation cash offer for your property
- You can then have a think about our offer and decide if you wish to progress to the next step
- If you wish to sell your tenanted property in Bolton with us, you will need to complete and return some basic paperwork
- Once we receive the paperwork, we will notify our solicitors
- We will also let our property surveyor team know that you’re moving forward with the sale, and they’ll come around to carry out a valuation of your property
- Once the legal checks and the valuation report have been completed, we will submit our final offer to you
- The last thing you need to do is decide when you want to sell your property to us
- On the date of the sale, the sale of your tenanted property will be completed, and you will receive your funds
Free cash offer within minutes, any condition, any location.
Why Now Is a Great Time to Sell Your Tenanted Property in Bolton
If you’ve been thinking of selling your tenanted property in Bolton, you should act now while the value of your property is still high. As you already know, the UK (and most of the world, for that matter) is currently going through a recession, and nobody knows what the future will look like.
With the ever-increasing cost of living and sky-high interest rates, demand for properties is bound to decline, which will also impact the property market. In other words, if you don’t take action soon, your property may drop in value, meaning you won’t get the same money for it that you can get today.
Read more about Selling A Tenanted property in Bolton
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