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Buying our rented house- go directly to landlord?

8 replies

TheCrow · 14/01/2025 20:43

We currently rent our house, the landlord lives abroad and rents it out through a letting agency. We want to find out if there would be a possibility that the landlord would sell the house, would we be better to go through the letting agency or getting the landlord's details through the agency and contacting him directly ourselves?

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Toddlerteaplease · 14/01/2025 20:45

I bought my rental house. I just asked the landlord. (Although I felt with her directly anyway.) we got two valuations. And met in the middle.

Doris86 · 14/01/2025 23:19

Ask the landlord directly. If you speak to the agent they’re probably going to want to charge the landlord a fee for introducing you as a buyer.

Nourishinghandcream · 15/01/2025 14:36

Doris86 · 14/01/2025 23:19

Ask the landlord directly. If you speak to the agent they’re probably going to want to charge the landlord a fee for introducing you as a buyer.

This.👍

Our tennant wanted to buy the house and kept saying to us to deal directly with them rather than going through the managing agent to save fees. Trouble is that up until notice of sale had been given, we had had no direct dealings with the tennant so we had to go through the agent to start with and by then, the agent was involved.

housethatbuiltme · 15/01/2025 16:36

It would be through the Letting agency, they have buying and selling departments usually.

Be aware unless this is someone who just ended up with a random house buy accident and let it out then the landlord likely bought an 'investment' so well expect well above the odds though.

We have paid off this houses mortgage in the decade+ we have been renting but the landlord expected to get top area valuation (house is worth about 70k due to condition, much better houses struggling to sell at 90k and he expect 125k) even though hes done no upkeep and its by far the worst, most dated and smallest house on the street.

It was so funny I nearly choked, so we are buying elsewhere.

SnuffleTruffleHound · 15/01/2025 16:38

Our last rental had a clause in it that if the house was sold to a tenant fees were payable based on the house sales side of the business fees.

WhereAreWeNow · 15/01/2025 16:41

Yes, we did this. Bought the house and saved on estate agents. Still live here.

Karneval25 · 15/01/2025 17:01

SnuffleTruffleHound · 15/01/2025 16:38

Our last rental had a clause in it that if the house was sold to a tenant fees were payable based on the house sales side of the business fees.

Pretty sure this clause is standard in rented property management contracts so there is unlikely to be any financial advantage in going direct to the landlord.

TheCrow · 15/01/2025 20:34

Thanks for replies, I'll check our contract. We'd have to ask the letting agent for the landlord's details to contact him so that would probably count as working with the agent anyway as they'd be assisting with the sale?

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