Selling A House With Sitting Tenants
Properties in some areas can take several months to sell which could result in a loss of income if the property is empty.
Selling a house with sitting tenants. Not only can this make it harder to find a buyer in the first place but it can dent the figure you re able to get from selling the property. The main benefit of selling a house with sitting tenants is that it can cost you less over the short term. Can you sell a house with sitting tenants. Selling a house or flat with tenants in situ.
Maintaining a good relationship with your tenants you must be considerate when arranging viewings and give your tenants the appropriate notice which is outlined in their rental agreement this is usually 24 to 48 hours. Under the plans landlords who wanted to sell their property would have to do so with sitting tenants. To sell house with sitting tenants. Thanks to the various government acts that have been introduced into law over the last century a tenant with a legally binding tenancy agreement will enjoy more rights that you would expect but for any landlord of a reasonable nature these agreements do not necessarily have to be perceived as an obstacle.
As such selling a property with sitting tenants can be a little problematic. What the government s doing a government consultation has been seeking views on extending the minimum length of tenancies to three years as part of wider plans to give renters in england more stability.