Buying a tenanted lot at auction

Read the tenancy schedule

Deposits protected? Rent arrears? Break clauses? The legal pack should attach tenancy agreements; if it does not, push for them before you commit.

Lender view

Buy-to-let mortgages often want a minimum remaining term and evidence rent covers stress-tested interest. Bring your broker into the loop early.

After completion

You inherit statutory duties as landlord from day one. Budget for safety certificates and compliance checks even if the outgoing owner promised everything was “fine.”