I'm considering a property going to auction that's currently tenanted on a periodic AST. What are my legal obligations as the buyer regarding the existing tenants, and what's the fastest, most cost-effective way to gain vacant possession if I plan essential refurbishment for a BRRR strategy?
Quick Answer
As the buyer, you inherit the existing periodic AST. Gaining vacant possession legally requires either mutual agreement (preferred) or serving a valid Section 21 or Section 8 notice, which has strict timelines and criteria.
About This Topic
Buying a tenanted UK property at auction? Understand your legal obligations, tenant rights, and strategies for gaining vacant possession for refurbishment.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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