Buying properties with tenants in place - what do we ask for?

You are here : Member Forums Tenancy Types and Management Buying properties with tenants in place - what do we ask for?
This topic has been locked as no posts have been made within the last 90 days.
A
ali007
18 Posts
1 Thanks
We are hoping to buy 2 adjacent properties, one with a tenant in place (been told they are 1 month into 6 month AST) and one about to vacate. Due to time lag in sale going through, with the latter property the current owner is planning on reletting, with us having a say in tenant.

Having had a quick look on here it seems possible to transfer ownership mid-tenancy?

Can anyone give me advice on what we need to look out for?

I will need to see agreements to make sure I am happy with them, also make sure deposit was correctly protected. What happens to that? Can I ask for it to be redeemed and transferred to me and re-protected?

I assume I need new rental agreements?

The estate agents are also letting agents - are they likely to sting me for fees for taking tenancies over?

Many thanks.

This member has been thanked by 1 member for this post.
11/04/2014 22:10

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

This topic has been locked as no posts have been made within the last 90 days.
Ideal Flatmate
Elfin Kitchens
Landlord Broadband
John Pye Auctions

Share this page