M OV E O N S A L E S & L E T T I N G S | TA L K I N G B U S I N E S S
Selling tenanted properties Why being a specialist in selling tenanted properties is important versus the general high street agent! Over the years, we have sold many tenanted
1. Will I really achieve the rental amount
properties and we are very successful in
being quoted by the agent?
doing this. We understand the lettings
2. How long will it take until a tenant can
industry compliance side and because
move in, how long will my void period be?
of this we know and understand why it is
3. What kind of tenant will the property
important to get it right from day one. Selling
When all sides work together, the outcome is a win for sellers, a win for buyers and a win for the tenants. COMPLIANCE Because we have sold so many, we also
attract?
tenanted properties is a win-win for all parties
know that it is absolutely vital to make sure Solution - Buy a property with a tenant in
all paperwork is in order at the beginning
situ and receive rent from day one, you will
and our expertise can help ensure the
THE SELLER
meet the tenant, you will know exactly how
smooth process of a completion, with
The Seller wants to sell the property with
much rent you will achieve and you should
hopefully no nasty surprises down the road.
the tenant in situ normally for a couple of
receive a rental statement showing them
We will look at the tenancy paperwork and
reasons. They have long-standing tenants
paying their rent on time each month.
the compliance certificates along with
involved. The seller, the buyer and the tenant!
and do not want to disrupt their lives or the
proof certain paperwork were issued to
seller may have a mortgage on the property
THE TENANT
the tenant at the correct times including
that would be financially difficult to cover if
The tenant will automatically be worried
the prescribed information and Deposit
they were to sell the property empty.
as soon as the property is advertised.
certificates. If the paperwork is not in order,
They will worry they will have to leave their
this can cause fines later down the road or
Solution – Sell the property with the tenant
home, they will worry about being made
unable to gain possession of your property
in situ, will mean receiving rental income up
homeless. The lack of insecurity may
if the need arose (for example the tenant
to the day of completion.
persuade them to move out as soon as they
not paying their rent).
find somewhere, leaving the seller with no THE BUYER
ABOUT US
rental income.
Dependant on the experience of the buyer,
Move On Sales and Lettings area multi-award
there can be some anxious moments.
Solution – Liaise with the tenant, work with
winning agency and have been established
Typically, a new landlord will have the
the tenant, be transparent and let them
for 15 years under the ownership of Sharon
following questions.
know an investor is being sought.
Canning. Sharon became a landlord at the age of 19 and has worked in the real estate industry for 36 years and personally owns a portfolio of properties that also include HMO’s
and
Service
Accommodation/
Holiday lets. Selling or buying to live in or rent out is Move On’s speciality. Contact Sharon via sharon@moveon.biz or 01202711169 for an up to date market appraisal of your property, you just might be pleasantly surprised.
C O N TAC T
ADDRESS
WEBSITE
01202 711169
420 Poole Rd, Branksome,
www.moveonrentals.com
sharon@moveon.biz
Poole, BH12 1DF
61
H O U S E- M AG .C O.U K
