When a landlord decides to sell they usually end the tenancy and then start the selling process. Simply, these landlords have decided to start the process now, and sell with the tenants still in the flat.
Can letting agents sell property?
Yes, absolutely they can! The letting agents on Portolio are all highly professional.
Do I still need a solicitor?
Yes, this is no different to buying a property from an estate agent. The letting agent will do all the work until your offer has been accepted and then pass the baton to the solicitors, to deal with the missives.
Can I view?
Yes. Please just contact the letting agent and they will arrange. A letting agent naturally has a lot of communication with the tenants and the job of arranging viewings is already an everyday part of their job.
Do I have to pay any extra fees?
Some letting agents will charge a Souring Fee and is usually because the vendor isn’t paying a fee. Offering a deal like this to their landlord is often a good way for a letting agent to bring these properties to the market.
Can I get a home report?
Yes. Please just hit the request button on the property detail page. If you have any problems then then please contact the relevant letting agent.
Do you have any brochures?
We made the decision not to incorporate an elaborate brochure but we will soon be adding a PDF with property details that you will be able to download from the property details page.
Do I have to keep the current tenants?
No you don’t. The speed at which you can change/remove the tenants depends on length of lease and the letting agent can supply more details.
Can I find out more about the current tenants?
Yes. It’s important you’re confident the tenants are not in arrears and/or are not partaking in anti-social behaviour. Letting agents are prohibited from selling property with bad tenants on Portolio.