What happens when an inherited property has tenants in place.
What happens when an inherited property has tenants in place.
Executors should establish whether the property is occupied and what tenancy agreement is in place.
Some investors and direct buyers may buy tenanted probate property, but owner-occupier buyers may not be suitable.
Landlord responsibilities continue while the estate owns the property. Rent, deposits, safety certificates and notices may need review.
A direct buyer familiar with tenanted property can sometimes make the sale simpler where the estate does not want to manage a tenancy long-term.
Probate Home Buyer can review inherited properties across England and provide a confidential, no-obligation response. If you are dealing with a probate property, send us the details and we will come back to you quickly.
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