×
Get your cash offer

Tenants in rent arrears leading to huge increase in repossessions

 30th December 2014

Tenants in rent arrears leading to huge increase in repossessions

Our property buying company are specialists in buying property with sitting tenants, even where there are rent arrears or no rent being received.

We purchase many properties from Landlords whom have problem tenants for numerous reasons. These reasons include; rent arrears, sitting tenants, lack of care, and respect for the property, anti-social behaviour, and moving people in to property whom are not on the tenancy agreement such as partners and other family members.

These issues all equally cause frustration and stress for landlords and may instigate the desire to sell a property with sitting tenants.

Open Property Group purchase vacant and let property throughout England and Wales, regardless of the type of tenancy or problem. We can even buy property with tenants whom have rent arrears.

More than 41,000 rented properties were repossessed in the past year, according to statistics from the ministry of justice.

The analysis showed that evictions soared by 50 per cent since 2010, with an estimated 90,000 tenants losing their homes in the past year due to repossession from rent arrears.

Rent arrears are one of the most common reasons for landlord eviction, although leading charities including Shelter, said that "revenge" evictions, where a tenant loses their home after complaining about it, have risen in recent years.

Housing ministers have commented that rising housing costs, low pay and unemployment have made it more and more difficult for people to stay in their homes.

If you are a Landlord and wish to sell a house or flat with sitting tenants, then please contact Open Property Group for a fast, free and no obligation cash offer for your property.

Info@openpropertygroup.com

T: 08009903939

https://www.openpropertygroup.com/how-it-works/problem-property/

Get a FREE cash offer

Sell when you are ready
Thanks for giving us your address, , . Now we just need your name, email and phone number.

Your details

First name *
Last name *
Phone number *

Property details

Street
Town/city
County
Postcode
Your data will be 100% protected
Or call us now on 0800 990 3939 or 0208 787 5860
2,000+
properties bought and sold by our directors

-/5
average review score on the review website Feefo

7 days
or less is the timescale your property can be sold within if you wish

What our customers say

Feefo -/5 • - reviews (last 12 months) • Read our reviews Stars
Arrow prev Arrow next

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.

Trusted Customer

View case studies
Get your cash offer today

We buy property directly and you won't pay any agent's fees.