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Sell A Tenanted Property in Bristol.

Receive funds within a week.

  • FREE cash offer within minutes
  • Receive funds in 7 days
  • A guaranteed sale on any property

Sell A House With Tenants in Bristol

Selling your house with a tenant in Bristol doesn’t have to be a hassle. We Buy Any Home understands the unique dynamics of such sales and is ready to offer you a seamless solution. Even with tenants in place, you can still count on us to provide a cash offer for your property. Our approach respects the rights of your tenants, ensuring a smooth transition for everyone involved.

When you choose We Buy Any Home, you’re tapping into our extensive experience in handling buy-to-let properties. We’ve successfully purchased thousands of properties with cash offers, streamlining the entire process and eliminating the typical complexities associated with property sales. We’re proud to make it quick and easy to sell a tenanted property in Bristol.

Get a free cash offer for your house in Bristol

How it works

Our aim is to make the process of selling your tenanted property as hassle-free as possible.

Here’s how it works:

Free cash offer within minutes, no legal fees, any location.

  • Get in touch

    Complete the online form. We’ll need a few details, such as your address’s first line, postcode, county, and the reason for selling. Our secure database, containing thousands of similar properties, comes into play as we swiftly generate your quote. In fact, this entire process can wrap up in as little as 2 minutes!

  • Receive an offer

    Within 24 hours, we’ll be reaching out to delve into crucial aspects. We’ll discuss pricing, your expectations for the sale, and move the gears of the process. This is also the moment for us to chat about your motivations for selling, whether you’ve secured a new residence, and the timeline for funds transfer. This is your opportunity to toss any pressing questions our way and get acquainted with your dedicated sales agent.

  • Accept the offer and get paid

    The final step is putting pen to paper. Once your offered price gets a thumbs-up and you’ve found a solicitor, we’re good to proceed! If you’re feeling a tad unsure, We Buy Any Home can even hook you up with an independent solicitor to stand on your side. We can also arrange for up to 2 RICS-qualified surveyors or valuers to conduct a thorough examination of your property. Rest assured, our final offer is tailored based on their expert recommendations.

Free cash offer within minutes, any condition, any location.

Free cash offer within minutes, any condition, any location.

FAQ’s for Sell a Tenanted Property in Bristol

Yes, it is legal to sell a house with tenants in situ. However, there are specific rules and regulations you must follow to preserve the rights of your tenants and ensure fairness. These include: 

  • You must inform the tenants of your intention to sell.
  • You must ask the tenants if they would like to remain tenants after the sale. 
  • If so, you must transfer the current tenancy agreement to the new provider. 
  • The tenant’s deposit must remain protected in a government-approved tenancy deposit protection scheme.
  • You must inform the tenant that viewings are going to take place with at least 24 hours’ notice.

Is it legal to sell a house with tenants in situ?

Yes, it is legal to sell a house with tenants in situ. However, there are specific rules and regulations you must follow to preserve the rights of your tenants and ensure fairness. These include: 

  • You must inform the tenants of your intention to sell.
  • You must ask the tenants if they would like to remain tenants after the sale. 
  • If so, you must transfer the current tenancy agreement to the new provider. 
  • The tenant’s deposit must remain protected in a government-approved tenancy deposit protection scheme.
  • You must inform the tenant that viewings are going to take place with at least 24 hours’ notice.

Is it difficult to sell a property with tenants?

It doesn’t have to be. It is estimated that selling your house with a tenant in situ can devalue your house by as much as 20-25% when selling through regular channels. However, We Buy Any Home will buy your house as-is, with tenants in situ, for between 10-15% under market value, meaning you gain the additional 5-10% difference, and have the funds in your account in 7 days! If you’re selling with tenants in situ, selling with We Buy Any Home is a no-brainer.

Can you evict a tenant because you want to sell a property in Bristol?

You cannot. This is considered illegal eviction and is a criminal offense.

If you want to evict a tenant, you need to follow the correct procedures. If you want to sell a house with a tenant in situ, you need to follow the correct procedures.

How much notice do I have to give a tenant if I want to sell my house Bristol?

You need to give your tenants at least 12 week’s notice if you intend to sell the property they are renting.

Can my tenant refuse viewings of my Bristol home?

Check the contract you have with your tenant. It may have a clause in there stating that they need to oblige to any viewings of their home with reasonable notice.

However, if there is no such clause in their contract, then a tenant can reasonably refuse a viewing if it is causing significant disruption to their life. This can be tricky as it is up to the tenant to determine what they consider to be a significant disruption.

Cash buyer property companies like We Buy Any Home can buy your home without conducting any viewings or disturbing your tenants.

How long before a tenant becomes a sitting tenant in Bristol?

A sitting tenant becomes a sitting tenant when you decide to sell the property they are renting. They can become a sitting tenant after a week, a month, or a year depending on when you decide to sell.

Why buy houses with sitting tenants in Bristol?

It can be very attractive for an investor to buy a property with a sitting tenant as it is a guaranteed rental income once the property is sold. This means they won’t need to market it themselves, conduct any renovations, or worry about finding a tenant to occupy the property. This steady rental income stream can provide a sense of financial security and help offset the costs associated with owning the property, such as mortgage payments, council tax, and maintenance expenses.

Who might want to sell a tenanted property in Bristol?

There are many reasons why an investor or landlord might look to sell a tenanted property. For example, landlords looking to reduce their portfolio, those not wishing to invest further money into property renovations, and landlords looking to relocate may all be looking to sell a tenanted property in Bristol.

What happens if you sell with tenants in situ Bristol?

Selling a property with tenants in situ can be an uncertain time for your tenants. Some cash-buying property companies or private buyers will ask you to terminate your rental agreements before selling. However, we won’t do that at We Buy Any Home. 

At We Buy Any Home, we can offer a guaranteed sale for tenanted properties. You won’t need to terminate your tenancy, make any repairs or renovations, or deal with the stress of viewings. This will allow you to move forward with the sale of your property smoothly and without unnecessary hassle.

Is it better to sell a house with or without tenants?

Both are as easy as each other with We Buy Any Home! We buy your house as-is, without renovations or repairs, and with or without tenants. And, to top it off, we can buy your property with cash in as little as 7-10 working days!

Why are houses sold with tenants?

Houses may be sold with tenants to prevent uprooting your tenants, to preserve rental income, or to provide a seamless transition for both the current occupants and the new property owner.

Get a free cash offer for your home in Bristol

Selling a property with tenants in Bristol

Selling a property with tenants can be a smooth and mutually beneficial process when handled correctly. However, there are some important legislations and economic changes you need to consider:

Section 24 Landlord & Tenancy Act

This legislation states that landlords are no longer permitted to subtract mortgage interest and other financial expenses (which include mortgage arrangement fees) from their rental income before taxation. This legislation has made being a landlord less lucrative, and as a result many landlords are looking to sell off their properties to reduce fees. 

Changes to regulations

An increase in “slumlord” since the COVID-19 pandemic has led to the government clamping down on the standards of rental properties. These include heightened energy efficiency criteria, electrical certifications, and selective licensing. As a result, the expenses associated with renting out properties have sky-rocketed, reducing landlord’s profit margins and causing them to sell. 

Issues with EWS1

The External Wall System Certificate (ESW1) has become a necessary certification in order to sell flats and apartments. Since the Grenfell Tower tragedy in 2017, those looking to sell their flat must have the cladding assessed by a chartered surveyor to ensure it is safe. If it isn’t, it must be replaced at the cost of the flat owner before it can be sold. This process, while crucial for building safety, has introduced a set of challenges for property sellers, commonly known as “EWS1 issues.”

Cost of living crisis

The UK’s cost of living crisis has caused many tenants to struggle with rental payments and driven landlords to free up their investments. With interest rates, wage stagnation, and the cost of living only set to rise, it is anticipated that more landlords will be looking to sell off their portfolios in the coming months.

What is buy-to-let property?

A buy-to-let property is a type of investment where a person buys a property with the intention to let it out to tenants. This not only generates a rental income for the investor but the property will grow in value over time, making it a win-win for investors! Of course, every adventure comes with its twists and turns.

Being a landlord has its responsibilities, and the real estate market can have its ups and downs. However, armed with knowledge, a dash of enthusiasm, and a sprinkle of strategic thinking, diving into the world of buy-to-let investments could be your ticket to financial success and an exciting ride in the realm of property.

Free cash offer within minutes, any condition, any location.

Read more about Selling A Tenanted Property in Bristol

View all articles
Assured Shorthold Tenancy: Everything You Need to Know
Tenants’ Rights When Landlords Sell Property
7 Ways to Relieve the Stress of Being a Landlord 
Will Cash House Buyers Kick Out My Tenants?
What Happens When a Leasehold Expires?
Freehold vs Leasehold: the Different Types of Home Ownership
Is It A Good Time To Sell A House?
Joint Tenants vs Tenants in Common, What’s the Difference?
Is It the End of the Buy to Let Boom?

What Are Assured Shorthold Tenancy Agreements?

An ‘Assured shorthold tenancy agreement’ (AST) allows a landlord to rent a property to a tenant while still reserving the rights to reclaim possession of the property once the tenancy concludes. The landlord must give the tenant a minimum of two months’ notice to vacate the property or if they intend to bring new tenants in. 

It’s a way for both the landlord and the tenant to know what’s going to happen ahead of time.

If you’re looking to sell a tenanted property, potential buyers will probably want to see the property before deciding to buy. Yet, showing the property to visitors might interfere with the tenant’s “Quiet Enjoyment” right— their right to live in peace without disruptions. Unless the rental agreement says otherwise, you can’t show the property to potential buyers without getting clear permission from your tenants.

How smooth or challenging this is depends on how well you get along with your current tenants.

However, at We Buy Any Home, we don’t need property viewings to buy your place. Instead, we make our offer based on our robust database of other similar properties and the findings of our expert surveyors. This way, you get an accurate, cash offer for the sale of your house and your tenants remain undisturbed— a win-win!

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