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Relatedly, does anyone know the best way to sell a flat to tenants?
Ask them if they want to buy it. If they do, present them with a fair price and Negotiate. You don’t have to involve an EA, or the agent obvs. Your contract with KFH will detail any exit fees if applicable.
Howard-
I guess we don't want to scare them off. I have no desire to be a landlord – we just rented out our London flat when we moved to Manchester because at the time the move was still a bit tentative. On the other hand, if they want to stay for 10 years, I don't want to kick them out. If we did sell to them, I'd also want to take into account the fact they have been paying the mortgage somehow (no idea how the maths would work out).
fizzy.bleach
Relatedly, does anyone know the best way to sell a flat to tenants? I thought there would be a restriction in the tenancy agreement entitling the letting agency to a cut, but there is not.
We've not approached anyone about this. Tenancy has a year left to run.