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What if tenants wreck house before completion?

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  • G_M
    G_M Posts: 51,977 Forumite
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    Mankysteve wrote: »
    Geenie wrote: »
    Don't ever buy a house with tenants in that have not gone before completion. It is the owners obligation to give the property to you as a buyer in the state you agree to. I would pull out before paying for a house in this situation.
    /QUOTE]

    Unless you buying the property with the intention of renting.;)

    Don't ever buy a house with tenants in that have not gone before Exchange of Contracts.

    Talking about the obligations/penalties for the seller if the tenants don't move out by Completion is only half the story. The other half is the stress, inconvenience etc of enforcing the penalties and finding somewhere to live in the meantime.

    Tenants do not have to move out just because the landlord/seller asks them to. They only have to move when a court orders them to. So there is no guarantee they'll go. Therefor buyers should make sure they go before Exchange.

    A seller who wants his rental income right up to the date of Completion is just being unrealistic.
  • cashferret
    cashferret Posts: 239 Forumite
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    Thanks, everyone, for the excellent advice - my friend has been following the thread and is very grateful. She's definitely not going to exchange contracts before the tenants are out!
  • Marvel1
    Marvel1 Posts: 7,172 Forumite
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    edited 18 March 2011 at 8:12PM
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    When I bought my house there was a tenant living there and I made it a condition they were out before I signed, and it was easy for me to know as I lived in the same street. I even bought the cooker off the tenant (I checked with the seller first it wasn't theirs) and they left a wardrobe, it was better than mine.

    The house was not left in a horrible state, it was clean.
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