Selling With A Sitting Tenant
Even during the current climate our company is still expanding it's portfolio of sitting tenants. We are looking to acquire assured tenancies, regulated tenancies, protected tenancies, agricultural tenancies and all problem tenancies across the England.
Owners of these types of investment property sometimes choose to sell as there is little chance of these properties becoming vacant anytime soon. The rent only increases every two years when you apply for an increase and in most cases you are still responsible for the upkeep of the outside of the building.
The tenants have security of tenure which means that they have the right to remain in the property during their lifetime and in some instances they will be able to pass the tenancy onto another family member who can also remain in the house for their lifetime. If you take into consideration that life expectancy is increasing there is little chance of your tenanted property becoming vacant.
We're Still Investing In Sitting Tenants
Whilst many property investment companies have cut back on there investment programmes we have continued to purchase stock of regulated tenancies and other properties with sitting tenants. This has only been possible owing to the fact that we are a private property company that does not rely on any financial institutions for our funding.
We are able to make immediate decisions and complete transactions within a couple of days if necessary. We can also delay completion to suit your needs if necessary.
Highest Prices Always Paid
Our company always pays top prices for properties occupied by sitting tenants. A few factors are taken into consideration such as the age of the tenant, the condition of the property, where the property is located and the rent.
Legal Fees Paid
If you sell your property to our company we will pay your solicitors fees in connection with the sale. We will reimburse your fees on completion of the sale. With this in mind you can be assured that the sum of money that you are being offered is the sum that you will receive on completion day.