Selling a house can be daunting enough without the added pressure of selling one that may have tenants residing in it. Sometimes life gets in the way and situations are such that you may need to sell a house quickly. Whether you are wanting to get rid of the stress related to difficult tenants, are looking to release equity from the house sale or if you may be relocating abroad and want to dispose of the property, we are here to advise you on how to go about this.
Keep on reading to find out how you can sell a house with tenants.
Communication is key
First and foremost, it is important to remember that communication is key in matters like this. Having an open dialect with your tenants regarding your plans of selling the house is imperative to avoid any unnecessary problems arising closer to the time of the sale. Providing your tenants with a time frame will allow them to make arrangements for themselves and will allow the process to run much smoother. Additionally, maintaining a good relationship with your tenants will also enable house viewings to take place successfully and will encourage the current tenants to leave the property in a good condition.
Can I sell my property with tenants still residing?
Sometimes the former isn’t as easy as imagined, and you can find yourself in a situation where the tenants are not happy to leave the property for whatever reason. Worry not though, you most certainly can still sell the property with the tenants still residing. Here’s how:
- Meet halfway: instead of negotiating with your tenants to leave, ask them to buy instead. They may not have the means to do so, however, proposing the question and allowing them the opportunity is always a good starting point.
- Sell to another landlord or property developer: The new buyer will take over your current role and continue or draw up a new agreement with the tenants, becoming their new landlord in your place.
If you are looking to sell your property, but have more queries regarding selling a house with tenants, please contact us for more advice. We also have plenty more information on our other FAQ’s regarding tenants rights which we think would be of use to you. At Fast Cash 4 Houses, ethics, confidentiality and speed of completion are always the number one priority.
Our team have had many years of experience in the industry and our legal team will keep you consulted throughout the entire process, ensuring complete transparency and a timetable to fit around you.
With FastCash4Houses, you can sell your home in the quickest, cheapest, and most convenient way. With us, you can sell your property in a quicker time frame with no estate agent or legal fees to pay. To get your free no-obligation valuation today, visit our website at https://fastcash4houses.co.uk/ or get in contact with us to speak to a member of our team directly on 01204 294356 or [email protected].
We look forward to hearing from you.
