LandlordBuyer are specialist buyers of property with sitting tenants. We buy property with all types of tenants including: AST (Assured Shorthold Tenancies) protected tenants, life agreements, assured tenants and verbal or informal arrangements.
In addition, our service means that, as a landlord, you do not need to inform or alert your tenants – and we assure you of complete discretion. Internal inspections are not required to enable us to formulate an offer for you as we complete a desktop valuation.
Sell a buy to let property and release your capital
We make instant cash offers for buy to let property so that you do not experience any void period while waiting for the property to sell. Your tenants can remain in occupation in most cases, and we will simply take over the tenancy and liaise with your tenants discretely following completion of our purchase.
Benefit from selling your property with tenants in situ
We have many years of experience in handling tenants, and the associated problems that can arise. And we have helped hundreds of homeowners release the cash tied up in their property. Some of the most popular reasons that landlords are selling property to us include:
- Time and hassle saving by selling to a cash buyer as opposed to through agents
- Guarantee of a cash sale
- Freeing up your time to enjoy the things you want in life
- Certainty that you can sell your property
- Paying off the mortgage and reducing debt
- Giving money to family
- Moving abroad or relocation
- Taking more holidays and enjoying retirement with more capital
- Fed up with the cost of repairs, management and insurance, before any income can be paid to the landlord
Avoid complications when informing tenants in situ that you may sell
By selling to us, you can avoid some of the problematic scenarios that can arise when telling your tenants that you’re selling up. These include:
- The tenant may hand in their notice, causing a void period for the landlord to pay the mortgage while awaiting the sale of a property – an empty property now also incurs a council tax liability, and can attract crime and asset theft
- The tenant might talk negatively about the property or location to potential buyers when showing the property
- The tenant may refuse to allow viewings of the property
- A tenant in occupation limits the number of people a property can be sold to because most buyers will be using mortgage finance, and most lenders require vacant possession before allowing mortgage funds to be drawn down
- A tenant does not have a vested interest in selling the property, and may not cooperate by making sure the property is clean and tidy for viewings. This is a common problem that we face with our portfolio.
Got a question about sitting tenants?
Sell With Sitting Tenants Frequently Asked Questions
What information is provided to tenants when selling a property with sitting tenants?
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What happens with the maintenance, repairs and costs when selling a tenanted property fast?
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Will there ever be a void period when selling a tenanted property to a cash house buying company?
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Can you sell a house with a tenant not paying rent?
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Can I evict a tenant if I want to sell my property?
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What if my tenant will not allow viewings?
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