Landlords - sell with the tenants in place. No eviction needed.
We buy tenanted properties from landlords across South Wales. You don’t have to evict anyone, you don’t have to wait for a tenancy to end, and you don’t have to pay agent fees on a sale where mortgage buyers can’t bid anyway.
Get my free offer → or call 02920 001331
Why selling a tenanted property via an agent rarely works
The mortgage market for buy-to-let buyers is much smaller and slower than the residential market:
- Most BTL mortgages require the property to be vacant on completion - eliminating “tenant in situ” buyers
- Buyers who do want a tenanted property are usually existing landlords looking for portfolio adds, and they want to pay 15-25% below open-market value because they’re locked into the existing tenancy terms
- Estate agents struggle to market a tenanted property because they can’t do open-house viewings (tenants have to consent, often don’t want to)
- Your buyer’s mortgage lender will require a certified rent schedule, EPC compliance, EICR, deposit protection certificates - and any gap delays the sale
So it usually takes 6-9 months and ends with a heavily-discounted offer anyway. We skip all that.
How we work with you and your tenants
Tenant stays in place. We become the landlord on completion. We’re members of the NLA and Rhentu Doeth Cymru. We know how to be good landlords - your tenants are in safe hands.
No notice required. No Section 21, no Section 8. The tenancy carries over to us automatically (Landlord and Tenant Act 1985, plus standard assignment of tenancy on sale).
Deposit transferred per TDS rules. We arrange the deposit transfer to our scheme (DPS or MyDeposits) and send the legally required prescribed information to the tenants on completion day. You don’t have to do this manually.
Compliance documents transfer with the sale. EPC, EICR, gas safety certificate, fire alarm log - we take all of it on. If anything is missing or expiring soon, we factor it into the offer (we’ll need to commission it ourselves) but we don’t refuse the sale over it.
Rent arrears. If the tenants are in arrears, we factor it in fairly. We don’t refuse the sale, but we account for the realistic recovery cost. Tell us up front.
Welsh rental law specifics
Wales operates differently to England since the Renting Homes (Wales) Act 2016 came into force in December 2022. Standard “occupation contracts” replaced ASTs, with new notice requirements (6 months minimum for no-fault possession, 12 months for periodic standard contracts).
We’re up to date on the Welsh framework. Two practical implications:
- You can’t end a tenancy quickly to “deliver vacant possession” for a sale to a residential buyer - the timeline is months, not weeks
- Selling with the tenant in situ to us is faster than ending the tenancy - we complete in 7-21 days, no notice needed
What about HMOs?
Yes, we buy HMOs. Most we’ve bought have been in Cardiff (Cathays, Roath, Splott) for the student rental market. We need:
- Current HMO licence (or evidence of application in progress)
- Tenant list with deposits + tenancy dates
- HMO compliance documents (fire safety, gas, EICR, room sizes)
If your HMO licence is expiring soon or has issues, tell us up front - we can usually work around it.
A real example
A landlord in Caerleon wanted to exit a portfolio of three NP18 properties in late 2024. Two were tenanted, one was empty. He’d had two estate agents try to sell over 11 months without a completed offer because mortgage buyers couldn’t get terms on tenanted properties.
We bought all three on the same completion date. The tenants stayed in place. The deposit was transferred to our scheme on completion day. The tenants got prescribed information letters introducing us as the new landlord. Total cost to the seller: nothing. He pocketed the agreed price 14 days after our visit.
Things people ask us about tenanted sales
Do tenants have a right to be told? On completion day, yes - they need a “Section 3” letter telling them you’ve sold and we’re the new landlord. We send this on the day, with the new payment details for rent. They don’t have a right of refusal - the sale doesn’t need their permission.
What if the tenant won’t cooperate with a viewing? We don’t need a viewing in most cases. If the property has been let for years and we know the area, we’ll buy on the basis of comparable sales + the rent schedule + any photos you have. If we do want to see it, we agree a time with the tenants - if they refuse, we usually still buy.
What if there’s a dispute or rent arrears? Tell us up front. We factor it in. We don’t refuse a sale over arrears or disputes - those are landlord problems we’re paid to absorb.
Are you HMO-friendly? Yes. See above.
What about Section 21 abolition (in Wales it’s already happened, in England soon)? We don’t rely on Section 21 to manage our properties. We’re long-term landlords who keep good tenants long-term.
Get a free no-obligation offer
Fill in the form - takes 2 minutes. Tell us “tenanted property” or “portfolio sale” in the reason field.
Or call 02920 001331 between 8am and 8pm.
