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Selling flat with tenant in situ

26 replies

curiousintrigue · 11/11/2023 08:46

Please can I ask you clever people for some advice on selling a buy to let with tenant in situ? He’s been in there 4 years now I think - we desperately need to sell for various reasons. Spoke to lettings agent who manage the property and take 10% - they were very negative and said we needed to make sure we didn’t upset the tenant in case he refused to leave. So how do people ever sell if they have a tenant?

Although we have had this property for 17 years we have never had a problem with the agents so I don’t understand why they aren’t being a bit more helpful.

can I have your experiences of selling a BTL with tenant in situ? We can’t afford to cover the rent if he leaves and then it takes ages to sell - the mortgage has increased from £200 to £900 and we are making a loss every month. Thank you for any advice.

OP posts:
curiousintrigue · 13/11/2023 16:15

Thanks again for all your helpful information and advice. It’s a periodic tenancy so we will have to issue the section 21 - I know I’m sounding vague 🤣 but that’s because in the 17 years we’ve had it we have not had a single problem with it - it’s paid for itself and we’ve just left the management company to do their thing and take their 10%. Anyway, thank you all again.

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