We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
How can I sell to an investor?
Options

ttaylor
Posts: 78 Forumite
I have one let out flat which has a tenant of 3 years who wants to stay long term. I could really do with the money out of the flat to buy somewhere else to live in. I don't want to screw the tenant over despite now only being on a rolling tenancy and happy to let it go a but less than full market value, but wondered how best to go about selling it to another investor?
0
Comments
-
What's to stop the new LL giving them notice straight after buying?
You'd be much better off getting the tenants out yourself and then selling on the open market - or if you really want your tenants to stay in the property then sell it to them at a reduced price?0 -
One option would be to approach the letting agents in your area to see if they know of a landlord who is looking to increase their portfolio of properties. Check with the landlords how many properties they have and what their plans are. Larger landlords with a specific plan to be in the market for x years will provide the greatest likelihood that they will allow your tenant to remain (so long as the remain a good tenant). Before approaching any landlord recommended by the letting agents it would be worthwhile checking how that landlord is at repairing their properties - you don't want to land your tenant with a bad landlord.The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.0
-
What's to stop the new LL giving them notice straight after buying?
You'd be much better off getting the tenants out yourself and then selling on the open market - or if you really want your tenants to stay in the property then sell it to them at a reduced price?
Maybe they need the rental income?0 -
What's to stop the new LL giving them notice straight after buying?
Of course, once you've done that, you've burnt your bridges - no way to change your mind and sell to anyone except an investor.......0 -
Crashy_Time wrote: »Maybe they need the rental income?
What on earth is that supposed to mean? The point he was making is that you can't guarantee someone won't buy it saying they will allow the tenant to stay, and then evict them.
Of course they might not do that, for a thousand reasons.0 -
ScorpiondeRooftrouser wrote: »What on earth is that supposed to mean? The point he was making is that you can't guarantee someone won't buy it saying they will allow the tenant to stay, and then evict them.
Of course they might not do that, for a thousand reasons.
It`s all speculation anyway as the OP has not even advertised their house yet? Anyone who is squeamish about giving a tenant a few months notice (or telling them they can stay at a rent reduction until it is sold) shouldn`t be a landlord IMO.0 -
I've seen a number of houses in our area advertised as 'investors only' on Rightmove for this exact reason, so it's obviously something that people do! (This one was listed today, for example: https://www.rightmove.co.uk/property-for-sale/property-65910637.html)
I'd talk to the agent and see what they suggest.0 -
*talk to AN agent, I mean - can't seem to edit my post!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.7K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.4K Spending & Discounts
- 243.7K Work, Benefits & Business
- 598.5K Mortgages, Homes & Bills
- 176.8K Life & Family
- 256.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards