House on the market empty

[icanbreathagain]

Has anyone wanted to buy a house that's empty but offered to rent until the sale goes through?

If I was selling my house to you, I would worry that once you were settled in as a tenant you would negotiate a big price drop then refuse other viewings when I tried to find another buyer.

I wouldn’t expect any bad intentions but wondered why you need to rent when it takes only 6 weeks or less to complete on an empty house.

Because I'm currently in the marital home while awaiting our finances to go through. Everyday is horrid

I've sold tenanted - you can't get the tenants out until first 6 months of the tenancy. Where I've thought about selling I've always told the tenants from the offset. Always sold but with vacant possession so completion would be for after the first 6 months:

Makes sense OP. I'm not sure if the vendors will go down that route. You can always ask, though.

I've sold to someone who wanted to rent it whilst the sale went through (it had had tenants in previously as I'd had to relocate for work). The buyer was keen to get on with doing things to the house as they were expecting twins. I refused as I thought it would add complications and what if they then found something they didn't like etc (nothing obvious but you never know with people) and then tried to reduce the price etc. But we did make the sale go thru ASAP for them

I would be very wary. If you need to evict a tenant it can up to 9 months, and any tenant can stay passed their proposed leave date legally. They just stay put. The last place we bought the tenants had to be evicted (as they wanted a council house and it was the only way for them to get one). It took months and months for us to move in, and we had to air bnb near the end.

We are now moving again, and I am actively avoiding anything tenanted for the same reason. So you will lower your buyer pool too.

My colleague is doing this next week, same situation, sellers very happy with the idea

I think the OP means offering to rent the house she is buying.

We considered this recently, when we were selling my dad's house, but he was on end-of-life care and we expected that he might die before completion. The buyers were very keen, but had to vacate their rental property by a certain date, and if Dad had died in the meantime, everything would have stalled. Them renting from us until Probate was granted would have solved some of the issues, but I nonetheless had strong reservations about the plan, for the reasons stated above - namely them possibly demanding a price drop at a later date.

In the event, we managed to get it all through to Exchange and Completion (on same day) within 3 weeks, and Dad, bless him, remained with us and was aware of it all going through.

I wouldn’t.
A lot of people get 1st month blues for silly reasons that you soon overcome.
If you’re purchasing it could cause you to pull out or as a previous poster said renegotiate the price more than someone else.
My mother did this. She rented a place she was going to buy. Came up with loads of silly reasons why she didn’t want it (which isn’t a problem as such) and backed out and stayed there for a year (which I reckon is a problem) whilst looking for her next place to buy. The sellers tried to market with her there but they got very little viewings. They STC a month after she moved though.
I don’t think the vendors cared too much due to the fact it was a probate sale and they lived aboard. This was also in a rising market. But it could of been a nightmare for a different vendor.

A home you wish to live in with rented tenants is always a huge turn off. A rented investment property on the other hand isn’t....