Sell A Tenanted Property
We’ve purchased hundreds of buy-to-let properties.
- FREE cash offer within minutes
- Receive funds in 7 days
- A guaranteed sale on any property
We understand that selling a tenanted property can be complicated and stressful.
You may be wondering, “Can I sell a house with a tenant in it?” The answer is yes, you can.
We’re here to help you do it.
The rights of your sitting tenants must always be adhered to when selling. It’s important to know the legal stipulations required to sell a tenanted property.
At We Buy Any Home, our team of industry experts have vast experience in investment property sales. They have purchased numerous buy-to-let properties. This means your property sale is in safe, knowledgeable hands.
Free cash offer within minutes, any condition, any location.
Why sell a tenanted property?
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Section 24 Landlord & Tenant Act
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Increased regulations
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Covid-19 impact
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Releasing locked capital
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EWS1 Issues
This legislation prevents landlords them from deducting mortgage interest and other finance costs from rental income before tax.
This has left many landlords out of pocket and eager to sell.
Section 24 Landlord & Tenant Act
This legislation prevents landlords them from deducting mortgage interest and other finance costs from rental income before tax.
This has left many landlords out of pocket and eager to sell.
Increased regulations
New regulations aim to wipe out “slumlords” and improve private renting standards.
This means that the costs of renting out property have increased. Landlords must now meet stricter energy efficiency requirements, electrical certifications and selective licensing. These cut into profit margins.
Covid-19 impact
For many, the COVID-19 pandemic exposed the shortcomings of their living spaces.
Many renters are looking to move. Landlords in the major cities have been heavily impacted by this. Remote working and desire for more green space is seeing mass renter movement to rural areas.
Releasing locked capital
Many landlords choose to sell rented properties to simply free up their investment.
EWS1 Issues
The Grenfell Tower tragedy in 2017 changed regulations. Formal safety reviews are now mandatory under certain conditions. For example, for buildings with cladding or over a certain height.
If you own a leasehold on a tenanted flat, you may find it difficult to sell because it has cladding issues.
The freeholder of the building may not be willing to pay for the safety review. Or they may charge you to complete this review.
The situation can be even worse if the property you own is in a council owned building. Councils rarely wish to incur any costs for the benefit of a private leaseholder.
We Buy Any Home buy with our own funds, so we can buy flats with these issues. Regardless of your reason for selling, we can purchase buy-to-let properties in as little as 7 working days.
What is an Assured Shorthold Tenancy Agreement?
Any prospective buyer will likely want to view the property before they make an offer.
Opening the property to viewings may breach the tenant’s right to “Quiet Enjoyment”. This is the tenant’s right to live in the property undisturbed.
Your agreement might prevent you from conducting viewings without permission from your tenants. How easy or difficult this is depends on the relationship with your tenants in situ.
At We Buy Any Home, we don’t require viewings to purchase your property. This is why so many landlords use our service.
Viewings
Any prospective buyer will likely want to view the property before they make an offer.
Opening the property to viewings may breach the tenant’s right to “Quiet Enjoyment”. This is the tenant’s right to live in the property undisturbed.
Your agreement might prevent you from conducting viewings without permission from your tenants. How easy or difficult this is depends on the relationship with your tenants in situ.
At We Buy Any Home, we don’t require viewings to purchase your property. This is why so many landlords use our service.
Refurbishments
Before selling a property, some regular homeowners refurbish it to attract buyers. This might be a fresh lick of paint, or more significant work, such as refitting a kitchen or bathroom.
Landlords are often limited to the improvements they can make. Tenants’ rights to “Quiet Enjoyment” mean you can’t complete work without permission.
The complexity of this issue depends on the relationship between landlord and tenant. And how disruptive the refurbishments are likely to be.
At We Buy Any Home, we buy homes in any condition. This means you don’t have to worry about gaining access to the property to update fittings and fixtures. We can buy the property directly from you, with tenants in situ.
Terminating an Agreement
Trying to sell a tenanted property on the open market takes control from sellers. It is not guaranteed that you will sell to another landlord.
Should a buyer wish to buy the tenanted property to live in, your tenants might be required to leave. How long this process takes dependents on the terms of the tenancy agreement.
For example, a long notice period could make sales fall through.
At We Buy Any Home we can offer a guaranteed sale for tenanted properties. We won’t require you to end the tenancy. This means you don’t have to disturb your tenants in to appease a buyer and achieve a sale.
Popular Areas We Service
We operate across the United Kingdom, including England, Scotland, and Wales. We can buy any house fast, whether its in the highlands of Scotland or Cornwall's coast.
Free cash offer within minutes, any condition, any location.
Don’t just take our word for it.
View more reviewsHighly Recommend for No Stress
Daisy and Chelsea were great, I have been having a really hard time selling my house on the open market and couldn't deal with the stress anymore. I came to WeBuyAnyHome just to explore my options but it turned out to work out really well for me. What they offered to start with did slightly change but that was fine as they were transparent in the process. I received my money within 3 weeks of making the first call and I can finally move on with my life. Thank you ladies you have helped me a lot.
Grateful for We Buy Any Home
Very knowledgeable and hard-working team. Tom and Chelsea are very professional and supportive at all times and provided updates throughout the process to keep you in the loop. Appreciate the help the company gave in a time of need.
Am I able to sell a tenanted property?
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Sell your property to a regular buyer
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Sell your property to another viable landlord
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Selling a property with problem tenants
You can also sell a tenanted property to a regular buyer who will live there once the sale is completed, however this can be more complex.
If you have an Agreed Shorthold Tenancy agreement (AST), you can serve your tenants a Section 21 notice.
You will need to wait for this notice to expire before your property sale can complete. If your your tenant refuses to leave, you can initiate eviction process.
Either way, at We Buy Any Home, we can purchase properties with tenants in.we can purchase properties with tenants in. We adhere to existing tenancy agreements, meaning your tenants won’t be affected.
Many properties we buy remain as buy-to-let. We often sell them to investors eager to expand their investment portfolios. Or we rent the properties ourselves.
Selling your property to another landlord means that your tenants won’t need to move out.
Your assured shorthold tenancy agreement can be transferred to the new landlord.
The new landlord must honour the existing terms for the remainder of the tenancy.
This means that you won’t lose income in the lead up to the sale.
Some landlords are eager to sell their buy to let properties because of problem tenants.
For example, they might refuse to let prospective buyers enter the property. Or they might have left the property in such a state that no one may be willing to buy it.
At We Buy Any Home, we purchase properties with problem tenants. And we will also buy your property no matter what the condition.
Sell your property to a regular buyer
You can also sell a tenanted property to a regular buyer who will live there once the sale is completed, however this can be more complex.
If you have an Agreed Shorthold Tenancy agreement (AST), you can serve your tenants a Section 21 notice.
You will need to wait for this notice to expire before your property sale can complete. If your your tenant refuses to leave, you can initiate eviction process.
Either way, at We Buy Any Home, we can purchase properties with tenants in.we can purchase properties with tenants in. We adhere to existing tenancy agreements, meaning your tenants won’t be affected.
Many properties we buy remain as buy-to-let. We often sell them to investors eager to expand their investment portfolios. Or we rent the properties ourselves.
Sell your property to another viable landlord
Selling your property to another landlord means that your tenants won’t need to move out.
Your assured shorthold tenancy agreement can be transferred to the new landlord.
The new landlord must honour the existing terms for the remainder of the tenancy.
This means that you won’t lose income in the lead up to the sale.
Selling a property with problem tenants
Some landlords are eager to sell their buy to let properties because of problem tenants.
For example, they might refuse to let prospective buyers enter the property. Or they might have left the property in such a state that no one may be willing to buy it.
At We Buy Any Home, we purchase properties with problem tenants. And we will also buy your property no matter what the condition.
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