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Property Case Study: Mr and Mrs W sold a house with sitting tenants

Mr and Mrs W sold a house with sitting tenants

Mr and Mrs W approached Open Property Group in relation to selling a house in Nottinghamshire which was occupied by sitting tenants. The property was let under an assured shorthold tenancy which was holding over on a month-by-month basis.

Mr and Mrs W were looking to raise cash for their retirement, and the respective property was not providing enough income once they took into account typical landlord expenses. These expenses include landlords gas safety certificates, mortgage payments, buildings insurance, management fees, maintenance costs, repair bills and tax bills. All these costs mean that the net sum of money that a landlord receives is far less than the gross (before expenses) figure.

Open Property Group agreed a transaction to purchase the property with sitting tenants. The transaction was quick, hassle free, and completely confidential. Mr and Mrs W received the cash in their bank within the month of their initial enquiry.

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What our customers say

Feefo -/5 • - reviews (last 12 months) • Read our reviews Stars
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The service I received from Open Property Group was very helpful and considerate of my personal circumstances. A thank you to Jason for arranging a cash advance prior to exchanging contracts, and a lump sum when we exchanged. This was a really big help.‎ Your company is simply the best.

Miss M, Southampton

Efficient, friendly and fair. From sold to exchanged in less than 6 weeks using OPG. We couldn’t fault the service. A professional service that any seller should use. If we had more property we’d definitely use them again!

Mr and Mrs M

The open property group recently purchased a property through my agency and found them to be excellent buyers that were able to exchange contracts within one week at the agreed price. I would highly recommend this company.

Trusted Customer

Excellent customer service, amazing communication, honest and genuine company who made the process extremely easy and gave any excellent price.

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