Selling With Sitting Tenants

Selling with sitting tenants can be difficult, with a whole host of legal issues to contend with.

Swift Capital have more than 16 years experience in buying properties with sitting tenants and guarantee to purchase any property, regardless of location or condition, occupied by tenants who have a right to remain in the property for life including regulated tenancies, rent act protected tenancies, assured tenancies, agricultural or life tenancies and ASTs (assured short hold tenancies).

Selling with a sitting tenant could allow you to ease the financial burden of a buy-to-let property that is yielding poor returns.

Sitting tenants, who have a legal right to remain in the property for life, have minimal obligations and pay a government-set rent that is often well below the true market value of your property. The Maximum Fair Rents Order also places limits on any rent increases.

At the same time, a landlord still has a number of legal obligations to maintain the property, including expensive inspections to gas and electrical systems as well as all structural maintenance and repairs.
It is no surprise that selling with a sitting tenant is becoming attractive for landlords who often had to wait increasingly long periods of time before vacant possession.

Selling with a sitting tenant allows the landlord to get cash quickly for a property that may have yielded low profits as a buy-to-let proposition.

Swift Capital offer a quick and hassle free solution for landlords looking at selling with a sitting tenant, offering a cost-effective alternative to selling at auction.

You´ll receive a guaranteed cash offer for your property within days and unlike auctions and estate agents, there are no fees, no commission costs and no legal costs.

We don´t require a survey and because we pay for your property with cash, we do not need to arrange funding.

So if you have a problem property and are looking at selling with a sitting tenant then talk to Swift Capital and see how we can provide the solution you´ve been looking for.