Looking to sell your tenanted property, but worried about the potential loss of income?
Sometimes thinking of selling your buy-to-let property can make you feel like you’re stuck between a rock and a hard place - but it doesn’t have to be that way.
At Portolio, we specialise in helping you sell your buy-to-let without having to remove your tenants, for a smooth and seamless process. It also means your rental income won’t stop until your sale is completed.
The result? Happy tenants, and a happy you!
Why sell your property with sitting tenants?
There are so many great reasons to sell a property with the tenants still in place (despite not everyone being aware it's even an option):
With over 30 years’ experience in the buy-to-let property market between us, and our insider knowledge, we can seamlessly guide you through the process from start to finish.
Get in touch today to book a no-strings chat, and get your free property appraisal
The various costs involved when it comes to selling an empty buy-to-let tend to add up... whereas selling your property with sitting tenants may actually save you quite a few pennies
This is how we like to roll (it's pretty simple).
Step 1: Get in touch with us for a no-strings chat One of our friendly team will have a chat with you, take the time to understand your goals, and give you some free, impartial advice to help you determine if selling with sitting tenants is the best option for you. We’ll also conduct a full appraisal that looks into the value of your property, and email you the results.
Step 2: We’ll help in communication with your tenant Whether it’s communicating directly with your tenant, or your letting agent, we’ll explain what’s happening and help to sort out access arrangements for the home report survey, and marketing photos.
Step 3: We’ll market your property We’ll market your property online via our website, across our social media channels, and on sites such as Zoopla, On the Market and Prime Location - not to mention through our extensive list of 800+ property investors.
Step 4: We’ll negotiate the best price We’ll use all of our industry knowledge, experience and savvy tactics to ensure you get the best price - usually fixed and above survey value - for your property, as well as taking a proactive role to ensure the missives start with your chosen solicitor.
Step 5: We’ll get you over the finish line We’ll guide you through the entire process and do our utmost to ensure the sale completes and you receive the funds. We’ll keep things on track, and keep you in the loop at all times - as well as resolving any issues that might crop up.
Psst! You won't have to pay us a penny until your property is sold
This is how we like to roll (it's pretty simple).
Step 1: Get in touch with us for a no-strings chat One of our friendly team will have a chat with you, take the time to understand your goals, and give you some free, impartial advice to help you determine if selling with sitting tenants is the best option for you. We’ll also conduct a full appraisal that looks into the value of your property, and email you the results.
Step 2: We’ll help in communication with your tenant Whether it’s communicating directly with your tenant, or your letting agent, we’ll explain what’s happening and help to sort out access arrangements for the home report survey, and marketing photos.
Step 3: We’ll market your property We’ll market your property online via our website, across our social media channels, and on sites such as Zoopla, On the Market and Prime Location - not to mention through our extensive list of 800+ property investors.
Step 4: We’ll negotiate the best price We’ll use all of our industry knowledge, experience and savvy tactics to ensure you get the best price - usually fixed and above survey value - for your property, as well as taking a proactive role to ensure the missives start with your chosen solicitor.
Step 5: We’ll get you over the finish line We’ll guide you through the entire process and do our utmost to ensure the sale completes and you receive the funds. We’ll keep things on track, and keep you in the loop at all times - as well as resolving any issues that might crop up.
Psst! You won't have to pay us a penny until your property sale is complete
We’ve answered some of your burning questions, below:
What will happen to my tenants? One of the real positives of selling your property with a sitting tenant is the ability to lengthen the tenant's stay indefinitely. Almost all of Portolio's sales are to property investors and this new owner will become the landlord, with little or no change to the tenant's situation.
What sale price will I be able to get by selling with my tenants in situ? Our typical sale price is close to - but slightly above - the surveyor's property valuation. We aim for fairness, and we’ll always endeavour to get you the best sale price possible.
Do I need to remove any furniture or redecorate? In a word; no. Selling tenanted property means you don't have any of this hassle or expense. When a property investor buys a tenanted property, they are also bound to buy the furniture, fittings and equipment - and take the property as is, with no need to get it ‘market-ready’. It's actually one of the positives for the buyer, as any furniture, fittings and equipment are included in their purchase price.
Do you sell property portfolios? Yes, we sell individual properties and portfolios of different sizes. All of our portfolio sales are sold off-market, i.e. not on any website, and sometimes we can sell an individual flat or house in that same off-market style.
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We’ll be in touch within half a business day, and one of our friendly team will talk you through your options before providing you with your free appraisal and sale price estimate
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