PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Landlord changing to managed let after 2.5 years + other changes

Options
Our landlord has decided to change to managed let after 2.5 years of us living there. At the same time the landlord has decided to have the letting agent "review our contract" - which likely means they will want to up the rent significatly and get us to sign for a set number of months.

My question is - is this allowed? I guess if we refuse the ll could give us notice of 2 months and we will be up the creek with no paddle.

We have been trouble free tennents and always paying the rent on time.

Also - where do we stand if they want to charge us for this??? Im sure they will also want to inspect the property every 3 months etc.

Not a happy person - stressed enough as it is without this hassle!! :mad::mad::mad:
Being bored is so boring Im bored of it... :rotfl:

Comments

  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    Why don't you stop worrying about maybes and wait until the landlord or their agent actually make some proposals?
  • Babbler
    Babbler Posts: 3,084 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Why don't you stop worrying about maybes and wait until the landlord or their agent actually make some proposals?


    Thanks - but Id like to know where I stand with the maybes for when the discussion takes place. If I dont know where I stand how can I discuss? :o
    Being bored is so boring Im bored of it... :rotfl:
  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    Are you currently on a fixed-term or periodic tenancy?
  • Babbler
    Babbler Posts: 3,084 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    We signed for 6 months to start with at beginning of the let and now it on rolling I guess. Ie 2 months notice from the ll and 1 from us...
    Being bored is so boring Im bored of it... :rotfl:
  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    The agents cannot compel you to sign a new fixed-term agreement once you are on a periodic tenancy. They will want you to because they can charge you (and very possibly the landlord) for it.

    They will most probably also be looking to increase the rent as they make more commission for collecting it. You need to garner all the evidence you can that the rent you are currently paying is a fair one compared to other similar properties in the area. In any case, should they want to increase the rent they will have to serve you with the appropriate notice. This is either a Section 11 or a Section 13, I can't remember which.

    Also another thing to bear in mind is that it suits agents to serve notice on existing tenants, as they can up their fee income by charging new tenants for credit-referencing, getting more commission for letting at a higher rent, and charging the landlord for tenant-finding.

    However, it's going to cost the landlord money to go through the process to regain possession with a possible void period between tenancies so you should anticipate using all of your powers of persuasion should it come to it.
  • jjlandlord
    jjlandlord Posts: 5,099 Forumite
    In any case, should they want to increase the rent they will have to serve you with the appropriate notice. This is either a Section 11 or a Section 13, I can't remember which.

    section 13.

    Does not apply if tenant agrees to sign up for a new term, thouggh, in which case the rent is freely negotiated.
  • Babbler
    Babbler Posts: 3,084 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Yeah - I think the ll has shot themselves in the foot here. Im hoping its just a case of reviewing the contract and maybe a little on the rent - but somehow I doubt it. Unless its what the ll has planned - to get us to leave perhaps. As can see no other reason after 2.5 years trouble free for this to be required. Costing the ll lots of money after all!
    Being bored is so boring Im bored of it... :rotfl:
  • Mrs_pbradley936
    Mrs_pbradley936 Posts: 14,571 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I can see another reason - we have some properties and have recently changed from non-managed to fully managed because the agent gave us a very good incentive to do so. We have not increased any rents and do not intend to give anyone Notice to quit.

    We use two agents and give the property to the one that finds the tenant first. I think the agent that offered us the deal was hoping that the other agent would never get one of ours again because the tenant would only ever contact them and not us.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.