Ready to Move On From Letting?

The decisions you may be facing

• Facing refurbishment or maintenance decisions while reviewing whether to keep letting.
• Trying to coordinate access without unnecessarily disrupting tenants.
• Understanding the documents a purchaser needs before a tenanted sale can progress.

How we can help

Tell us the property type, condition and occupancy position. If there is a tenancy, an initial discussion can establish the broad arrangements without asking you to disclose unnecessary personal information about the occupants.

For a detailed assessment, the relevant tenancy, rent, deposit, compliance and management documents can be reviewed through the appropriate professional channels. Access needs to be arranged properly with the occupier.

A sale with tenants in place may be worth considering where you do not want to wait for the property to become empty. We will explain whether it is a route we can consider for the particular property.

What to consider before deciding

Selling does not remove a tenant’s rights. Do not promise vacant possession, issue a notice or ask someone to leave based on this page. A solicitor or appropriately qualified adviser should explain the current rules for your situation.

The offer will reflect the property and tenancy arrangements, not simply a multiple of the rent. Any arrears, disputes, outstanding repairs or licensing matters should be discussed accurately through suitable channels.

You may obtain a higher price through an agent marketing to landlords or owner-occupiers, depending on the circumstances. Compare the likely proceeds and practical requirements of each option.

Your questions, answered