If you’re a landlord looking to exit the market, the assumption is often that you have to serve notice, wait for your tenants to leave, and then sell an empty property. That’s not the only route, and for many landlords, it’s not the best one.
What tenants in situ means
Selling with tenants in situ means selling the property with the existing tenancy agreement still in place, so the tenant simply continues renting from the new owner. No eviction, no notice period, and no gap in rental income while the property sits empty.
Why this route is often faster and less costly
Serving a valid notice, especially under current rules for private tenancies in England and Wales, and then waiting for a tenant to leave can take months, and you carry mortgage and maintenance costs on an empty property throughout, plus the risk of a dispute if the tenant contests the notice. Selling with tenants in situ skips that entirely.
Why buyers like Evian will take on a tenanted property
Not every buyer wants a tenanted property, mortgage lenders for owner-occupiers generally won’t lend on one, which is why tenanted properties often struggle on the open market. As a cash buyer, we’re not relying on a residential mortgage, so a sitting tenant isn’t a barrier for us, it can even be an advantage, since it means continued rental income from day one of our ownership.
What this means for you as the seller
You get a fast, certain cash sale without the cost, delay, and legal risk of ending the tenancy first, and without a period of lost rent while the property is empty. We also handle the process discreetly, so if you’d prefer your tenant not to be unsettled by a lengthy sale process, that’s entirely possible. Call us on 07463 555549 or use the online estimator above for a free cash offer estimate for your tenanted property.