A survey of 600 tenants conducted in August for £0Vesta Property says that 78% of tenants want to remain in place, and a similar number regard it as “ridiculous” for a landlord to evict a tenant and sell the property to another landlord who then looks for another tenant. £0 £0
Seventy per cent said they wouldn’t care if their landlord sold as long as their existing contract and rent remained the same.
Selling a property whilst tenanted can have benefits for both seller and buyer. Firstly, the current landlord selling will receive rental income until the day of the sale transcation completes and will not have to pay void period bills such as council tax and energy. The new buyer will also benefit from the same benefits immediatley upon completion. £0
Speak to us about selling your tenanted investment property discreetly and quickly off-market. We have investors looking and we regularly agree this type of sale.
Statitatics credit of LettingAgentToday, read further HERE.