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Welcome to Wise Owl Property.
2026-03-07
What Forms Do You Need to Issue when Buying a Tenanted Property
Wise Tip: Always conduct thorough research before making any investment.
What Forms Do You Need to Issue when Buying a Tenanted Property
by John Smith
Buying a property with sitting tenants can be a savvy move for an investor – instant rental income without the hassle of finding tenants. But what paperwork needs to be sorted when you step into the landlord’s shoes? Do you need to issue a brand-new tenancy agreement, or is there an easier route? Let’s break it down.
Wise Tip: Always conduct thorough research before making any investment.
Forms and Notices You Need to Serve
Under the Landlord and Tenant Act 1985, you must inform the tenant in writing that you are now their landlord.
Details of New Landlord (Section 48 Notice)
The Landlord and Tenant Act 1987 requires you to provide an address where tenants can send legal notices (e.g., repair requests or disputes).
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