When it comes to real estate transactions, especially in the case of an existing assured tenancy, it is essential that you work with a specialist. This means that, for example, if you want to sell the property without affecting the situation of the sitting tenant it is recommended that you request assistance from an expert in such matters. There are many companies that invest in properties of this kind. In other words, they are experts in preparing the papers, organising the sale, offering you important benefits and advantages. Not to mention that the sale procedures will go much smoother than if you were preparing everything.

Selling a property with a sitting tenant is not a facile business. On the contrary, it is a delicate situation and it requires specific knowledge on current legislation. The situation is a little bit complicated when there is an assured tenancy involved in the procedures. A brief, simple definition of this type of tenancy would sound something like this: is a lease that offers tenants protection from precarious eviction. Regulated by the Housing act of 1988, assured tenants are granted the so-called security of tenure. This means that they cannot be evicted unless they break the clauses of the renting contract.

So, when selling the house where there is a sitting tenant you should pay attention to all the legal aspects implied by the transaction. Luckily, there are companies investing exclusively in this segment of the real estate market. According to them, the procedures are not complicated at all, even if it’s an assured tenancy in the middle. All you need is to follow their instructions and pay attention to all the details.

The first step is to value the property to be sold. Some owners choose to announce the sitting tenant while others prefer to postpone until the closing of the affair. As a seller, you need to provide not only a gas safety inspection certificate but also an energy performance certificate, as required by current legislation. The next phase is to search in the data bases of the Land Registry and the Local Authority for the property. Once these phases are concluded, the transaction will be quickly closed.

Most of these companies have a professional team of agents in handling the sale procedures. Once the transaction has been concluded, the situation of the sitting tenant will not change at all. The contract will respect the clauses of the existing assured tenancy, thus making sure that nothing changes as far as your former tenants are concerned. All in all, the biggest advantage is not only a smooth procedure but also low legal costs and fees. So, if you had any doubts about such a sell, don’t think twice and contact them today.

For detailed information on sitting tenants, sale procedures or types of contracts, please visit assured tenancy http://www.squireshouse.co.uk . The site sitting tenant http://www.squireshouse.co.uk provides you with details on advantages and benefits resulting from selling a property with a sitting tenant.