The number of rental properties being sold with tenants in situ is on the increase as landlords choose a quick exit following the introduction of the Renters’ Rights Act.

Property solutions firm Bettermove reports that about 40% of the landlord disposals it’s currently handling involve sitting tenants - and that the proportion has increased noticeably over recent years. “As more landlords look for ways to sell without disrupting tenants or losing rental income prior to completion, we are seeing growing demand for solutions that allow properties to be sold with tenants remaining in occupation,” explains senior account manager Elliott Rostron.

Many are now seeking a more discreet route to sale, he reports, that allows them to continue receiving rental income right up until completion while giving them clearer timescales.

Launched

Bettermove has now launched its formal tenanted‑property service to respond to the rise in enquiries about selling without vacant possession

Landlords can be introduced to Bettermove’s network of investor buyers or opt for a fully managed tenanted property sale. This includes property appraisal, sale strategy, direct purchase options, investor sourcing, access to a network of vetted buyers, sales progression, and liaison with solicitors and all relevant parties.

Demand is particularly strong for properties with reliable tenants, established rental income and proven tenancy histories, Rostron tells LandlordZONE.

“Discretion is often extremely important,” he adds. “Many landlords do not want unnecessary uncertainty for tenants and prefer not to market occupied properties widely on the open market. Investor-led and off-market transactions can provide greater privacy, minimise disruption and often create a smoother experience for all parties involved. For many landlords, maintaining continuity for tenants while achieving a certain outcome is a key consideration.”

‍