Sell Your Home FastIf you can’t sell your house quickly for a quick sale - for whatever reason, many owners opt to rent the property.
You may not want to lose the new property that you are buying – so typically you would buy the property you want on a ‘bridging loan’. To save you the cost of not paying two mortgages you may choose to rent the first property out until you find a buyer.
For whatever reason, it is more common, that before a house is sold, the owner first lets it. However, it must be done carefully, and the exit strategy of the tenants timed carefully.
Your agreement must have a clause in it which includes a right for you to show potential purchasers around the house. A buyer will want vacant possession so ensure that the timing meets this, however things get difficult as most Assured Shorthold Tenancy Agreements are a minimum of 6 months. Not good if you want a quick sale.
Many Landlords find that the ever so nice tenant, becomes a vindictive monster when he finds the house is being sold.
If the tenant refuses to leave you must commence very expensive legal proceedings against him which could take up to six months to evict the tenant.
We will consider any property with tenants and can offer a very quick property sale if you do not want to risk renting your property out to a tenant, or you may prefer to sell quickly the property to us and rent back the property from us.
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