Landlord/tenant

[Thedandyanddude]

My landlord has listed my house for sale. Its been advertised as an investment opportunity and how much rent I pay.

Are general buyers put off by properties having tenants in situ? I'm wondering how likely it is that my landlord will serve me with a section 21 if a non landlord wants to buy it?

Thanks

Depends on whether they intend to be a landlord and are happy with the rent you pay.

A landlord may want to tear everything out and start afresh, but another may think it’s ideal that there’s a sitting tenant paying market rent and no works are needed.

Considering your landlord is advertising it in this way, it does suggest he is trying to sell with you in it but he could change his mind if there’s no interest and indeed the new landlord may want to evict you.

What type of tenancy do you have? When did you move in?

Only investors / people who want to be landlords will buy with a tenant in situ.

You can’t get a regular mortgage with tenants in situ - lenders will demand the property is vacant on exchange of contracts.

Periodic i think. I moved in in 2022.

Ok, some older tenancies have additional rights but that won’t apply here. So there is a risk that either your current or new landlord could seek to evict you.

I think it is a positive sign that it is advertised as an investment. Many landlords are selling up due to past and forthcoming changes to the law. It just isn't worth it anymore. I would add that the market isn't great for this at the moment, so I would be prepared to be moving. If the landlord can't sell with you in, he / she may well want to sell anyway and will need it vacant.

I'd have a word with the letting agent and see if you can start a dialogue with the landlord to explore their plans. If they do want it vacant, it would be better to do that in partnership with the landlord to give you as much notice as possible.