Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 2 weeks ago 35
I became a landlord in July 2012 due to a need to move for my job. Initially a 6 month company let it has now been extended to January 2014. My tenants are lovely and are normally in the house during the week so wear and tear is low and they pay a good rent.
I would like to sell the house and can give 2 months’ notice from end May.
Is it best to sell the house to an investment buyer who could buy it now knowing that there are good tenants in there until Jan 2014 or to sell it at the end of the tenancy?
The tenancy could be extended beyond Jan 2014.
The house is valued at £350K.
What are the pros and cons and obstacles of doing either/both?
Thanks in advance for sharing your thoughts – Samantha Armstrong
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More