Buying a Property with Tenant in Situ

you won't get a mortgage without vacant possession, so unless you have cash. its not even an option

Why buy with a tenant, if you want to use the property, better to buy with vacant status.

Sound like a good plan in theory, but you need a willing tenant, to move out for the new owner.

If the RTB makes a Determination Order properly, judges have no discretion to allow a tenant remain in brach of the Determination Order.

Might be better betting on a horse!

I remember viewing a house (to live in not to rent out), that was rented. The EA assured us with hand on heart that the tenant was moving out by the time we would close on the house.

When we went into the house it was really untidy with hardly anywhere to walk. Then my other half noticed there were cameras on the mantlepiece, kitchen counter, and the landing all pointed at us. As we got upstairs the EA said to wait while she knocked on a door calling someones name. After a couple of minutes this woman came out glaring at us. I thought she was going to lunge at me at one point. In her room was a laptop setup with views of the cameras on the screen.

She didnt say a word and just followed us around the house and the garden. I said to the EA, sorry, this isnt going to work out and the EA said dont be worried about her that she was leaving in the next few weeks and we could pull out if she didnt move out. I kept an eye on that house and it was still on daft for over a year after we finally bought a house.

I would say if you are selling a house and you dont get vacant possession before selling it can put buyers off and you wont get near market price for it even if someone did want to buy it. At the time also there were a lot of houses that looked really cheap on bidx1 and when you read the blurb it would say that there is a tenant there and the income is x amount per year. That would be a red flag to me. Do you really want the problems of a tenant bad enough to make a landlord want to sell with them still there? They might be lovely but you dont know. And is it more likely that they already wont leave or that the landlord is just being nice and taking a loss out of the kindness of their heart?

Ohhhhhhhh an Estate Agent will tell you anything he needs to make you buy the house. Christ, imagine inheriting a tenant like that with a property. Imagine the cost? Imagine strong arming her out and back in court with case against you and paying compensation?

Like I say these this housing situation make normal people both tenant and landlord unreasonable to deal with.