completion dates, giving notice on rental, some advice needed

stolt

Hi, looking for a bit of advice regarding my house purchase. We are due to exchange contracts tomorrow. We are in rental accomodation and we pay our rent on the 17th of each month. So I need to give one months notice so that will be the 17th of May now when that will be calculated from, so I'm assuming our official leaving date would be the 17th June.

The tenacy agreement states that either party must give 2 months notice to quit after four months of the initial tenacy has elasped. The original contract was for 6 months starting in septemember 2007 and ever since it has just rolled over without another contract being signed. I was obviously only going to give one months notice as I thought the law was.

Couple of questions, I'm due to speak to the solicitor tomorrow regarding completion dates as she said he could be as soon as a couple of weeks away.

We need to get a builder into close a doorway up between the lounge and dinning room and plaster over the artex in the rooms of the house before we move in. But i'm not sure if we say we complete first week of may, giving us til the 17th of june to do that work is enough time. Do you think those timescales are plausible. I appreciate we will have the rent and mortgage payments which we can cover, but as we have 3 children under 7 then we thought it would be best to get as much done before we move in.

pipo

stolt wrote: »

The tenacy agreement states that either party must give 2 months notice to quit after four months of the initial tenacy has elasped. The original contract was for 6 months starting in septemember 2007 and ever since it has just rolled over without another contract being signed. I was obviously only going to give one months notice as I thought the law was.

In bold up above is key to your questions. If you give notice on 17 May then you will be obliged to pay rent until 2 months after, so 17 July. But by the sounds of the work you need doing to the property you bought you could do with that overlap anyway.

Obviously there will be rent AND mortgage to pay within that overlapping period but I guess you knew that already...

N79

pipo wrote: »

In bold up above is key to your questions. If you give notice on 17 May then you will be obliged to pay rent until 2 months after, so 17 July. But by the sounds of the work you need doing to the property you bought you could do with that overlap anyway.

Obviously there will be rent AND mortgage to pay within that overlapping period but I guess you knew that already...

This is not correct.

The law defines the notice period of a statutory periodic tenancy to be one month for the T. Nothing in a tenancy agreement (AST) can overide this. Thus if you give notice before the 17th May the earliest this notice can expire is 17th June.

pipo

_pale_

I hold my hand up for the bad advice given.

Going sheepishly back to your other concern. Why don't you get your builder to get you a timescale quote as well.

stolt

pipo wrote: »

In bold up above is key to your questions. If you give notice on 17 May then you will be obliged to pay rent until 2 months after, so 17 July. But by the sounds of the work you need doing to the property you bought you could do with that overlap anyway.

Obviously there will be rent AND mortgage to pay within that overlapping period but I guess you knew that already...

hi i'm sure just because it states it in the contract is set by law, i'm sure its only a month. i subscribed to a thread on here sometime ago where there was somebody that knew a fair bit on this and stated it was only a month.

EDIT. was replying and then got caught up on something then posted and N79 posted.

stolt

thanks for the replies, yes once we are in i will speak to a builder and get some timescales from them because they havent seen the job at hand yet, everyone is reluctant to be tied down. i suppose I could put a scenario to him and say would it be possible to be done before the 17th of June (i'm sure it would be).

thanks