Trying to sell

Veeo

greatcrested said:

You are trying to market the property far too early. There is nopoint taking photos at this stage so you do not need access.

Once the tenants have left and the property is empty, that is the time to start marketing. However that may be a year from now....

Unless of course you plan to try to sell to another landlord with the tenancy still ongoing.

Or, of course, if the tenants have indicated that they will move out voluntarily earlier. Have they said they wish to leave?

One option would be to pay them (perhaps the deposit and first months rent for their next property?) to leave. Again, once they accepted and left, you will be abe to market the property.

If you are getting no reply by phone (I suspect they've sensibly reconsidered their options!), thry writing to them with an offer,

Thank you very much. No I wasn't planning on selling to another landlord, my hopes is that they move out after their notice ends.

 I will write to them with an offer and see if we get a reply from them. 

Veeo

greatcrested said:

Veeo said:

Caz3121 said:

are you selling the property with tenants in place or after they have left?
are you expecting viewings whilst they are still in place - if so, have you discussed whether they would allow that (they don't have to and in the current situation may well chose not to) if they do allow strangers to wander round their home on viewings, have you discussed how they will be compensated? (long ago we stayed in a property and allowed viewings once a week in return for a rent reduction)
Have you considered waiting until they have moved out to market the property? some people may well be put off a property with current tenants as there is no guarantee that a they will move out at the end of notice and the court process to evict could take many months.

I was hoping to start the selling now that I have given the tenants notice to leave. 

Pointless

1) they might not leave for a year

2) most sensible buyer will know the tenants might not leave for a year so will not be interested in your property

Wait till the property is empty

I haven't discussed compensation for viewings hun. I think I might just do this. Thank you so much.

Let us know how it goes

Maybe I should wait toward the very end of their notice/tenancy before I put the property on the market.

You can only be sure once the tenants have left and the tenancy has ended.

Really I was hoping to sell and complete before the end of the stamp duty holiday to give me a better chance to sell the property. Hopefully the stamp duty holiday will be extended.

What kind of tenancy is it?

It's an Assured shorthold tenancy. But because of covid I had to give them 6 months notice rather than the standard 2 months to leave. 

My fear of leaving the sale till the tenants leave is the issue of paying for 2 properties (my current property and the one I am selling) at the same time. The property I am currently selling is 2hrs from work and my daughter's school so I can't even move in while I try and sell it. 

Wanderingpomm

greatcrested said:

You are trying to market the property far too early. There is nopoint taking photos at this stage so you do not need access.

Once the tenants have left and the property is empty, that is the time to start marketing. 

 It’s taking so long to do conveyancing now it will take 4-6 months from offer. If you’ve given notice then I think I would have it on the market. I assume the tenants have been good and are likely to leave? 

KatrinaWaves

Wanderingpomm said:

greatcrested said:

You are trying to market the property far too early. There is nopoint taking photos at this stage so you do not need access.

Once the tenants have left and the property is empty, that is the time to start marketing. 

 It’s taking so long to do conveyancing now it will take 4-6 months from offer. If you’ve given notice then I think I would have it on the market. I assume the tenants have been good and are likely to leave? 

How can anyone say if someone is ‘likely to leave’ we have no idea what the world will look like in 6 months. Maybe they won’t be able to move or will struggle due to financial issues caused by what’s going on. Maybe they think issuing eviction proceedings during a worldwide pandemic is a bit rubbish and decide to be as awkward as possible, despite being the best tenants during their stay. 

I wouldn’t be letting strangers in my house to view/photograph my property to suit my landlord. I can’t even have my family round, there is absolutely no chance I’d be letting agents and random prospective buyers round. 

Veeo

Wanderingpomm said:

greatcrested said:

You are trying to market the property far too early. There is nopoint taking photos at this stage so you do not need access.

Once the tenants have left and the property is empty, that is the time to start marketing. 

 It’s taking so long to do conveyancing now it will take 4-6 months from offer. If you’ve given notice then I think I would have it on the market. I assume the tenants have been good and are likely to leave? 

Gosh 4-6 months that's crazy.l, more reason why I want to get the house on the market now if the tenants agree to it.

They have been good up till now. I even gave them first refusal to purchase the property but they said they aren't in a position to buy at the moment. I think I will get them the incentive to all viewings.

Thank you so much hun x

steampowered

I doubt you will find anyone willing to go round and do photos at the moment. In fact it might actually be illegal ! I don't think the government has published the full list of exemptions for this lockdown but I wouldn't be confident that estate agents are on there.

Veeo

KatrinaWaves said:

Wanderingpomm said:

greatcrested said:

You are trying to market the property far too early. There is nopoint taking photos at this stage so you do not need access.

Once the tenants have left and the property is empty, that is the time to start marketing. 

 It’s taking so long to do conveyancing now it will take 4-6 months from offer. If you’ve given notice then I think I would have it on the market. I assume the tenants have been good and are likely to leave? 

How can anyone say if someone is ‘likely to leave’ we have no idea what the world will look like in 6 months. Maybe they won’t be able to move or will struggle due to financial issues caused by what’s going on. Maybe they think issuing eviction proceedings during a worldwide pandemic is a bit rubbish and decide to be as awkward as possible, despite being the best tenants during their stay. 

I wouldn’t be letting strangers in my house to view/photograph my property to suit my landlord. I can’t even have my family round, there is absolutely no chance I’d be letting agents and random prospective buyers round. 

I can assure you that I will not be breaking the law and asking the tenants to give access for viewings if the government puts Covid-19 restrictions to prevent it. I am still at the photos stage and was hoping to get the photos done before we go into lockdown 2. But that's anyway. 

Aranyani

Wanderingpomm said:

greatcrested said:

You are trying to market the property far too early. There is nopoint taking photos at this stage so you do not need access.

Once the tenants have left and the property is empty, that is the time to start marketing. 

 It’s taking so long to do conveyancing now it will take 4-6 months from offer. If you’ve given notice then I think I would have it on the market. I assume the tenants have been good and are likely to leave? 

No sane buyer who wants vacant possession is going to even start the conveyancing process with tenants still in situ. 

steampowered

Veeo said:

Gosh 4-6 months that's crazy.l, more reason why I want to get the house on the market now if the tenants agree to it.

They have been good up till now. I even gave them first refusal to purchase the property but they said they aren't in a position to buy at the moment. I think I will get them the incentive to all viewings.

Thank you so much hun x

You make it sound like you are a bit miffed that your tenants aren't co-operating. Remember that you are asking your tenants to leave their home - it won't be surprising if they aren't exactly thrilled by that.

The tenants don't have to co-operate with any of this. You could find that the tenants simply refuse to allow photos or viewings, in which case you will just have to wait until they are out of the property before you start marketing.

I think you should count yourself lucky if you get any co-operation at all. The compensation you offer would need to be substantial to cover the disruption, moving costs and inconvenience of having random people traipse through their living room.

Veeo

steampowered said:

Veeo said:

Gosh 4-6 months that's crazy.l, more reason why I want to get the house on the market now if the tenants agree to it.

They have been good up till now. I even gave them first refusal to purchase the property but they said they aren't in a position to buy at the moment. I think I will get them the incentive to all viewings.

Thank you so much hun x

You make it sound like you are a bit miffed that your tenants aren't co-operating. Remember that you are asking your tenants to leave their home - it won't be surprising if they aren't exactly thrilled by that.

The tenants don't have to co-operate with any of this. You could find that the tenants simply refuse to allow photos or viewings, in which case you will just have to wait until they are out of the property before you start marketing.

I am not miffed at all hun, I am just asking for advice on how to handle the situation I am currently in. Not sure why you are thinking I am miffed by it all?

I am very shocked and worried by above comment that covenyening is now taking 4-6months, especially as my last property took be 3 months to sell from putting it on the market