Short answer：A tenanted property may provide an existing income arrangement, but rights and obligations depend on the lease, sale contract and law. Immediate possession or a rent increase should not be assumed.
Examine documents and collections
Obtain the lease, amendments, deposit, arrears and payment records. Check expiry, breaks, renewal, repairs and use. Advertised rent is not proof of collection, and deposit transfer needs completion arrangements.
Check intended use and financing
For occupation, establish lawful possession timing; for continued letting, confirm loan and insurance terms. Budget for limited inspection, default or delay and obtain advice on transfer and notices.
Before deciding
- Check supplemental arrangements
- Confirm deposit and rent apportionment
- Do not assume a sale ends the tenancy
Sources and method
Sources support the specific rules described. Checklists and hypothetical calculations are editorial explanations, not measured market results or individual approvals.
Revision：Removed unsupported experience, case outcomes and statistics; corrected the topic-specific rules and limitations described above.
Scope：General information only, not personalised legal, tax, immigration, admissions or investment advice.