We manage the process from start to finish so that processes run smoothly and together.


Sell Property With Sitting Tenants

The figures stated fluctuate according to market conditions and seasonal influences. The following information is intended as a guide only.
options to sell property with sitting tenants
NB. Because 1/3 of estate agents’ agreed sales collapse, the actual time spent with an empty property and no rental income when sold through a traditional estate agent could be significantly higher however as we only start vacating a property once it has been sold and the deposit has been paid, the time spent with an empty property when sold through National Residential is unlikely to change.

Contact us today to discuss our sales options and the best way to sell your tenanted property fast.

If you want to downsize your rental property portfolio (e.g. to reduce finance costs to avoid higher tax bills as a result of Section 24 aka The Landlords tax) and avoid prolonged periods of having empty properties with no rental income to offset finance/running cost then our FIXED PRICE option may be best for you.

We will agree a price you are happy to accept for the property then we will try to sell the property for a higher price within 28 days (there are no estate agency fees for this type of sale so we take our income from the difference between the price we agree with you and the price we can achieve).

The price we can offer will be lower than you might expect to achieve selling a vacant property through an estate agent however you pay ZERO FEES/SALE COSTS (we do not charge fees or commission and we pay for the EPC, searches and legal packs etc) NOR WILL YOU PAY ANY COSTS INVOLVED IN VACATING THE PROPERTY and we pay £600 towards the legal costs to complete the sale.

If you sell a rental property through us, the time you will be liable for finance / running costs while the property is empty will be dramatically shorter than if you have to vacate your property before a sale is agreed (in order to sell it through an estate agent). Add that to legal/court costs involved in vacating a rental property to sell it through an estate agent and the accumulated savings could easily be MORE than the compromised sale price.

Our longevity depends on providing people with great value, great options and total transparency. If you choose to sell through us we will provide a detailed account of our expectations and if we do not achieve our targets, you can refuse all offers. As all our options are ‘no sale, no fee’, it is a risk free option.

Added to the financial sense of selling property with sitting tenants through National Residential; we sell property in 28 days or less and usually complete in 56 days because we only sell to chain free buyers (though completion may take slightly longer if there are lots of complications) so not only do you get a great deal and a total solution, you also get the money in your bank faster than by selling tenanted property through traditional methods at an estate agent.

And finally, if you need some money from the sale sooner than the time it takes to complete, we can arrange a CASH ADVANCE (to be repaid with interest/fees from the final sale amount) once we have secured a buyer – i.e. within 28 days.

What you choose to do with the money (if you take it) is of course up to you but it is intended as an option that empowers people to solve urgent problems and/or maximise the value of the property and the offer we can make – e.g. you can use it to secure a purchase or pay off debts or extend a leasehold or organise repairs to secure a sale etc etc.

We also have other sales options including a 7 day sale (where we can offer you appx 70% of the estimated value in return for a fast, guaranteed sale) and a 28 day sale where you take the full sales price but pay your own fees and all legal costs). Contact us now to decide which is the best option for you.

1) Contact us to discuss how we can selling property with sitting tenants.

We will provide an approximate valuation of your property based on surrounding properties and recent sales prices. We will explain our sales options and if you are happy to provide us with any other information, based on your reasons for selling and any complications involved we will present the advantages and disadvantages of each option.

2) Decide if you are happy to take your enquiry further (no sale, no fee and no obligation to sell)

If you are happy with the theory and provisional figures, we will visit your property to refine the numbers (which are of course dependent on the condition of your property) and take photographs (if appropriate)

3) We will confirm or revise our expectations in writing for you to decide if you are happy to use our services.
If you agree, we will prepare a contract for you to sign. If you are not, there’s nothing more to discuss – you simply walk away.

4) If you want us to sell your property:

  • If you want a 7 day sale, we will begin proceedings to buy your property and we will deposit the agreed amount in your bank within 7 days from our offer being accepted.

  • If you are happy to wait for a 28 day sale, we will advertise your property locally and online (on property boards such as RightMove, Zoopla etc) and list your property in a 28 day auction style sale (using either our Modern Auction or our Registered Auction platforms dependent on your preferences).


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Selling Property With Sitting Tenants

Case Study


Our client came to use after being unable to sell their property through traditional methods. He could not afford to have the property empty for long periods of time and didn’t have accessible funds to prepare the flat for sale. We sold the flat with the full cooperation of sitting tenant in place and helped to secure him suitable alternative accommodation. With the cash advance we loaned to the seller, he was able to extend the leasehold on the flat enabling him to get a far better price than if it was offered with a short leasehold.

sell property with sitting tenants case study



Frequently Asked Sellers’ Questions

Please call us on 01244 341066 (local rate, mobile friendly) or 0800 6123694 (Freephone). One of our sales staff will be happy to help you immediately

Our buyers are chain free and pay deposits resulting in over 95% of agreed sales completing – and quickly! Our buyers also complete in an average timescale of 78 days and many buyers complete within just 56 days. This compares to much longer timescales of 200 days with a local estate agent where appx 40% of sales fall through!

  • If you have 200 days to wait for a sale and are hoping for an unrealistic price and are prepared to accept an almost 40% risk of your sale falling through, then use a local estate agent because you don’t need us!
  • However, if you are happy to sell for a realistic market price, and complete in just 78 days (or even quicker), with a 95% success rate of your sale completing then you simply can’t beat us!

Estate agents tell you they will sell your property for a price far higher than they will eventually achieve to win your business over their competition. They rely on you sticking with them as they reduce the price until the eventually get a sale. This strategy is completely uninspiring, and completions take 200 days on average when you could have achieved the same price with us within just 78 days!

Most people know deep-down the high price promised by the estate agent is unrealistic but are enticed to go with it – after all there is just a chance it will sell for that high price, right?

Wrong! Properties do not sell for unrealistic high prices and after no or few viewings over many months you become increasingly frustrated at not being able to sell and move on with your life.

You eventually reach the point where you must make a decision! Do I reduce the price? Do I change my estate agent? Or, do I call a ‘quick sale company’ because I am running out of time and I need a guaranteed quick-sale now?

The risk for you now is making the wrong decision and either remaining on the market for many more months or selling your property under-value because you cannot afford any more delays.

Worse still, you eventually get a sale only for it to fall through because the buyer:

  1. Cannot get a mortgage;
  2. Simply pulls out, or
  3. Tries to reduce the price just before completion!

Rather than accepting this dreadful status-quo and experiencing these avoidable frustrations, there is a better way! National Residential will achieve the best possible price for you and in the quick timescales you require through our unique pricing strategy and processes. Furthermore, all our buyers have the proven funds to buy and we put in measures to ensure they complete within **56 days. Buyers also pay non-refundable deposits which they risk of losing if they pull out or try to reduce the price.

National Residential therefore achieve Best Prices, Quickest Sales and Certain Completions – these are the main reasons why sellers opt for National Residential versus using a normal estate agent.

What happens if buyers pull out and sales fall through?
Although our buyers are chain-free, pay deposits and have proven funds, there remains the low risk that they pull out or cannot complete for some reason. If this happens, buyers will lose their deposit so long as the reason is not the responsibility of the seller (for example; there are no problems with title or structure of the property).
If buyers do withdraw and lose their deposit, we will agree to pay 50% of this deposit to sellers so long as they agree to sell with us again.

Are your prices guaranteed?
We are unable to guarantee sale prices when we sell though our auction but we are able to offer a guaranteed price when we agree to purchase for cash.*

28 Day Auction Sale – when we sell properties, we cannot guarantee the price they will sell for through our auction. Although we cannot guarantee sale prices, what we can guarantee is there are ZERO costs for sellers if we do not achieve the price they need and are unable to agree a sale with one of our buyers. We provide a no-sale-no-fee service so sellers have nothing to lose.

*7-Day Cash Sale – once we have confirmed valuations with local agents and RICS surveyor, our cash offer is 100% guaranteed.

We will get you the best possible price that people are willing to pay for your property at that moment in time. We will market your property using our unique pricing scheme to get maximum buyer interest so we can get the offers flowing in. Our experienced sales team will squeeze the very best prices that buyers are willing to pay so we get you the best price possible.
We combine maximum marketing exposure for your property with an aggressive pricing strategy to generate maximum buyer-interest in your property. Our experienced sales team is incentivised to get you the best price possible and to sell quickly. Our average time on market to sell and complete properties is less than 78 days versus 200 days with normal estate agents and we are achieving the full market price for properties in this timescale!
All our buyers have proven funds and use our Accelerated Purchasing Scheme – that means we put in measures to ensure they complete within 28-56 days and do not reduce the price before completion. We have the best ‘sales progression’ system in our industry for ensuring buyers complete quickly, and at the agreed prices, with minimum sales falling through.
We will manage viewings in the best way possible for you depending on your circumstances. We will agree this with you at the start.

We use the UK’s leading conveyancing solicitors who are experienced in achieving extremely fast completions and providing the best customer service. You want a quick and guaranteed sale and the lowest costing legal fees, so why pay slow local solicitors high prices and receive a slow poor service because solicitors fail to perform?

In our experience when buyers or sellers use their own solicitors a high proportion of these sales drag on or fail to complete at all because their solicitors are either ill-experienced and/or under-motivated to prioritise completing in the quick timescales buyers and sellers require.

We are in the business of providing the highest possible service standards and achieving fast and certain completions for both our buyers and sellers. We only recommend the best solicitors in the UK because they have proven time and time again that they can complete sales quickly, and because they provide buyers and sellers with the best experience and service standards possible and at the lowest prices.

Our sales progression team provide the best service standards in our industry because we use super-efficient solicitors for both sides. This means both sellers and buyers benefit from a fast efficient service and avoid the costs, stress and delays of sales falling through.

Whilst we work to extremely high standards and deadlines to ensure that all sales complete within 56 days, in some exceptional circumstances the Vendor may require more time than this to resolve issues required by the Buyer’s conveyancer, so completion can take place.

In these circumstances, the Buyer and the Vendor will both agree to extend from 56 days for a reasonable time up to a maximum of 12 months to enable issues to be resolved and for exchange and completion to take place. We encourage you to refer to the Online Bidding Terms for more information.

In all sales, we endeavor to get any issues resolved as fast as possible.


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