Selling BTL with tenant - what process?
Hi, I am selling one of my btl's with the tenant resident and the new owner is wanting to keep the tenant on thankfully. The current tenancy started as an AST but as usual on expiry has now become a statutory periodic tenancy. Could anyone advise what process I should follow in relation to the tenancy changing over e.g. do I end the current tenancy and the new landlord start a new one on completion of the sale, does the current tenancy continue but a change of landlord notification get served on completion? The tenant is aware and happy with the arrangement but advice on the formalities would be appreciated - thanks. Martin
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.