Sell house with tenants in Liverpool.
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Sell A Tenanted Property in Liverpool
Interested in selling a tenanted property in Liverpool? With over 300+ years of combined experience, we have helped over 3,000 sellers sell their property not only in and around Liverpool but all over the United Kingdom.
We understand how much of a headache selling a tenanted property can be, and that’s why we have simplified the process for any landlord who wants an easy way out, no matter what situation they might be in.
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If you wish to sell a house with tenants in Liverpool with We Buy Any Home, below is the typical process you can expect.
Free cash offer within minutes, no legal fees, any location.
Get in touch online
Complete the enquiry form on our website
Receive your offer
Get a call from our representative to discuss your details. Receive a cash offer over the phone.
Sale complete on your desired date
Decide if you want to proceed with the sale of your rental in Liverpool. If you wish to proceed, you’ll have to complete and return some simple paperwork. We will then instruct our solicitors of your decision. A maximum of 2 qualified surveyors or valuers will assess your property. Depending on the valuation report and legal check, we will submit a final price for your property. You need to let us know when you want the sale of the property to be concluded. The sale will be completed on your desired date, and the funds will be sent to you.
Free cash offer within minutes, no legal fees, any location.
Selling a Buy-to-Let Property
Selling your house with a tenant in Liverpool is nothing unusual. Data shows that about a quarter of landlords not only in Liverpool but throughout the United Kingdom would be looking to sell at least one of their tenanted properties. This is all a result of the following:
- Section 24 Landlord & Tenant Act
- Increased Regulations
- Releasing Locked
- Impact of Covid-19
- Issues With ESW1
What is Buy to Let?
Buy to let refers to a property purchased for the sole purpose of being rented out to tenants.
Such properties are a lucrative investment opportunity as they can only be a source of income but also a great asset that grows in price over time. For example, from 2016 to now, the property market in Liverpool and the United Kingdom has grown by around 50%.
This means that if you owned a buy-to-let property that was worth £200,000 and have rented it out for those years, you would have not only profited from the rent money but can also profit over £100,000 simply by deciding to sell the property based on its current market value.
Free cash offer within minutes, no legal fees, any location.
Selling A Tenanted Property in Liverpool FAQ's
What happens if you sell a property with a tenant in situ?
Is it better to sell a house with or without tenants?
Why are houses sold with tenants?
Is it easier to sell a house with tenants?
How much does it cost to sell a tenanted property?
Can I sell my tenanted property?
How much notice do I have to give a tenant if I want to sell my house?
If you sell a property with a tenant in situ, then the tenancy agreement can be taken over by the new landlord. The tenant will continue living at the property until the agreement expires. The new owner can then decide to renew or evict the tenant.
What happens if you sell a property with a tenant in situ?
If you sell a property with a tenant in situ, then the tenancy agreement can be taken over by the new landlord. The tenant will continue living at the property until the agreement expires. The new owner can then decide to renew or evict the tenant.
Is it better to sell a house with or without tenants?
Selling a house without tenants is easier when approaching regular buyers who want to move into the property. However, if you have access to other landlords or investors, they may be open to taking on the property as an investment opportunity.
Why are houses sold with tenants?
When properties are sold with tenants, the new landlord is able to begin receiving rental income, which provides a means of investment. Sometimes, due to existing tenancy agreements, properties have to be sold with the tenant still living there.
Is it easier to sell a house with tenants?
It is easier to sell a house with tenants if you have access to investors or landlords willing to take over a tenancy agreement. If not, at We Buy Any Home, we can purchase properties in as little as seven days with minimal disruption.
How much does it cost to sell a tenanted property?
If you choose to sell with a cash house buyer like us at We Buy Any Home, there are no upfront fees or hidden costs. It’s completely free, and you can receive rental income right up till the selling day. However, with the traditional route, there may be a loss of rental income, solicitor fees, estate agents and event refurbishment costs to consider.
Can I sell my tenanted property?
Yes, you can, get in touch through our enquiry form, and we’ll contact you within 24 hours with a cash offer.
How much notice do I have to give a tenant if I want to sell my house?
If your tenant has lived in the property for more than six months and you are evicting them for the reason of selling, you must give them 84 days’ notice. If it has been less than six months, it will be 28 days.
Get a free cash offer for your home in Liverpool
Selling a house or a property with tenants in it
We work with landlords from Liverpool who want to sell their rental property with tenants in it all the time. Selling your property with us will not only cost you £0, saving you thousands of pounds in legal and agency fees, but the selling process can also be completed in 2-3 weeks.
When selling your property with us, you also don’t have to deal with the hassle of figuring out how to go about your tenants since we will let them stay in the property for the duration of the agreement.
A Deeper Look at Assured Shorthold Tenancy Agreements
Legally binding contracts such as an ASTA (Assured Shorthold Tenancy Agreement) exist to give the tenant a piece of mind when renting out a property, allowing them to exercise a pre-defined minimum term before they are required to evict the property.
Such agreements aren’t usually an issue when selling a rental, but they can impact property viewings and refurbishing projects to make the rental more desirable.
At We Buy Any Home, you don’t need to worry about the sale of your rental property falling through since we can guarantee the sale, no matter what.
If that sounds like something you want to learn more about, please enquire through our website to receive a free, no-obligation cash offer for your property in Liverpool.
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