Selling a property with tenants – a guide for landlords who want to sell

Let’s face it, being a landlord just isn’t what it used to be. With rising interest rates on buy-to-let mortgages, costly changes in tax regulations and a new Renters Reform Bill coming soon that will cut margins even further, the heady days of bumper buy-to-let returns from your investment property are long gone. No wonder as many as one in five landlords have had enough and are looking to sell up and cash in on recent property price rises.

Unfortunately, if you are selling a house with tenants, you’ll find that isn’t as simple as you’d like it to be, and it’s nowhere near as easy as a normal house sale. You’ll have fewer potential buyers and lots more complications along the way. Even if you do sell, chances are you’ll get significantly less selling a tenanted property than you would selling it with vacant possession on the open market.

But fear not there is a solution to every problem, read on and I’ll explain.

Selling a house with tenants