Cash Paid For Sitting Tenants
Selling a property that may be occupied by protected tenants is not a complicated procedure. We purchase residential flats and houses that have protected tenancies throughout London and the United Kingdom. In most cases our company will not need to meet your tenants therefore minimising any inconvenience that this may cause.
If you own a tenancy of this nature and you would like an idea of your investment's
value you can get in touch with us through our contact page. Provided you
can give us a little information we will be able to make an offer within
24 hours.
We Will Buy Your Property Without Having A Survey
We will not need to carry out a survey of your building and neither will we need to arrange funding for our purchase. Generally speaking we do not need to meet your tenants and neither will we require access to your property. As we are not reliant on any financial instituition we can transfer the completion monies to you within a very short space of time.
Even if you are in dispute with your tenant or the rent office we will still consider buying your property. We are well aware that disputes often arise between landlord and tenant and will not be put off buying your property.
Talk To Us First For A Free No Obligation Valuation
In our experience there are a lot of delays when companies try to borrow money against regulated tenancies as they are pretty much unmortgaeable in this current financial climate. We have cash funds available for flats and houses with a sitting tenant.
Because of the nature of the tenancy, your tenants have the right to remain in the property for their lifetime. Succession to the tenancy is allowed in certain circumstances to other family members therefore increasing the length of the tenancy. With this in mind and taking into consideration the very low rent that is paid they are not considered as good security against a loan.
It is therefore very important that if you have received an offer for your property you should ascertain whether your buyer is trying to borrowing money against the property as there will be little chance of your property transaction proceeding to a smooth completion if they are attempting to finance the purchase through a bank.
Immediate Decisions | A Quick Sale And Fast Completion
Generally speaking provided our solicitor receives the necessary documentation we will exchange contracts on your property immediately and complete at a time of your choosing. We can complete the sale immediately should you wish, or we can delay the completion to suit you. Please note that all sales are treated in the strictest of confidence and that we will never speak to your sitting tenants before completion of the sale to us. We will get in touch with the tenant when the sale has completed.
Guaranteed Sale | Fast Track Sales | No Agents Fees
Unlike a property auction your sale to us is guaranteed. There are no upfront fees to pay for entry into a catalogue that will be wasted if your property fails to sell. You will not have to arrange viewings for prospective purchasers to look around and you will not have to deal with timewasters.
As part of our fast track service we will also pay your solicitors legal fees in connection with the sale of your property to our company. We will reimburse your solicitors fees to you on completion of the sale. This will save you a figure in the region of £1,000 + VAT. For more information please speak to a member of our sale team.