Open Property Group will purchase any type of property with sitting tenants.
Open Property Group specialise in buying property and will purchase any type of property with sitting tenants. We have substantial cash funds available for purchasing vacant and rented property. By selling your property with tenants in occupation to us it will enable you to release the cash locked up in your property. Our approach and passion therefore means that you, the landlord, saves the stress of dealing with tenants and trying to get vacant possession.
We are keen to build our portfolio of let property throughout England and Wales, and finding new opportunities is vital to our business model. If you are a landlord, you do not need to inform or alert your tenants, and we assure you of complete discretion. You can sell your property without alerting your tenants, and internal inspections are NOT required to enable us to formulate a cash offer for your property.
We will make you an immediate cash offer for your Buy to let property. We will take over the tenancy and liaise with tenants discretely. We can make a cash offer for your tenanted property so that you do not experience any void while waiting for the property to sell. Your tenants can remain in occupation in most cases, and we will simply take over the tenancy.
We have years of experience in handling tenants and the problems which can arise. If you are considering selling your house or flat with sitting tenants, you may have an idea of how you plan to spend your capital. We have helped hundreds of homeowners release the cash tied up in their property. You can release the capital tied up in your property fast and easy.
Open Property Group have a wealth of experience with buying houses and properties containing sitting tenants. Therefore, we are aware of common problems and discrepancies that may occur between you, the landlord, and the tenant when you are trying to sell your property.
If the sitting tenant learns that the property is to be sold, they may hand in their notice, causing a void period for the landlord to pay the mortgage while awaiting the sale of a property. An empty property now also incurs a council tax liability and can also attract crime and asset theft.
The tenant may also refuse to allow viewings of the property. A tenant in occupation limits the number of people a property can be sold to because most buyers will be using mortgage finance, and most lenders require vacant possession before allowing mortgage funds to be drawn down.
A tenant does not have a vested interest in selling the property, and may not cooperate by making sure the property is clean and tidy for viewings.
The tenants may refuse to allow viewings of the property, and it is within their right to do so.
Additionally, a tenant in occupation limits the number of people a property can be sold to. This is because most buyers will be using mortgage finance and most lenders require vacant possession before allowing mortgage funds to be drawn down.
We have years of experience in buying property from landlords who wish to sell their property with sitting tenants. Selling your tenanted property to us means that you do not have to experience any of the following costs:
We have years of experience in buying property from landlords who wish to sell property with sitting tenants.
Please contact us today to discuss any other questions that you have. We are more than happy to meet with you and talk you through the property sale process from start to finish.