Selling a buy-to-let property can sometimes be a complex process, particularly if there’s a tenant in situ. At Belvoir Brighton & Hove, we have extensive experience in this field and have successfully facilitated numerous buy-to-let sales. From handling tenant communications to targeting the right audience, we’re here to make the process as smooth and stress-free as possible.
If your property is vacant, it may attract a broader range of buyers, including residential purchasers, which could potentially increase its market value. However, if tenants need to vacate, it’s crucial to follow the correct legal procedures. Our team can assist with this, ensuring a seamless transition while minimising disruption to all parties involved.
Benefits of Selling with a Tenant in Situ
Selling your property with a sitting tenant offers several advantages:
- Continuous Rental Income: Landlords continue to receive rent until completion, eliminating void periods.
- Investor Appeal: Properties with tenants in situ are highly attractive to investors, providing immediate rental income.
- Faster Sales Process: Selling to other landlords often results in quicker transactions.
- Tenant Retention: Tenants remain in their home with updated tenancy agreements, ensuring stability for all parties.
With access to a database of active investors and over 500 landlords under our management, we are well-equipped to connect your property with the right buyer.
Our Commitment
When managing the sale of a tenanted property, we:
- Provide tenants with at least 24 hours’ notice for viewings.
- Obtain tenant consent before scheduling appointments.
- Group viewings to minimise disruption.
- Aim to coordinate completion dates around rent payment schedules for convenience, ensuring a smooth transition of rental income between seller and buyer.
Our expert team ensures that every detail is handled professionally, providing peace of mind throughout the sale process.
Thinking of Selling Your Investment Property?
Whether you’re ready to sell or simply exploring your options, our experienced team is here to help. Arrange a free market appraisal to discuss your needs and discover how Belvoir Brighton & Hove can deliver an efficient and rewarding sales experience.
