We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Section 21
Options
babe_ruth_3
Posts: 279 Forumite
Anyone know if you still have to get new tennants to sign a section 21 at the begining of the tenancy?
It is unwise to pay too much but it's worse to pay too little. When you pay too much, all you lose is a little money... that is all. When you pay too little, you sometimes lose everything because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot...it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run and if you do that you will have enough to pay for something better (John Ruskin - 19 ctry author, art critic & social reformer)
0
Comments
-
Tenants don't sign the S21, landlords do.Well life is harsh, hug me don't reject me.0
-
thanks thesaint. So do you have to give it to the tenants when they move in?
Also, is it essential?It is unwise to pay too much but it's worse to pay too little. When you pay too much, all you lose is a little money... that is all. When you pay too little, you sometimes lose everything because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot...it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run and if you do that you will have enough to pay for something better (John Ruskin - 19 ctry author, art critic & social reformer)0 -
I have downloaded a copy of the section 21 and the thing I'm unsure of is - do I have to give it to them at the start of the tenancy or to be given to them when you want them to leave.
Anyone?It is unwise to pay too much but it's worse to pay too little. When you pay too much, all you lose is a little money... that is all. When you pay too little, you sometimes lose everything because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot...it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run and if you do that you will have enough to pay for something better (John Ruskin - 19 ctry author, art critic & social reformer)0 -
You can give it to them at the start or any time in the meantime. As long as they are getting the necessary notice.
What are you trying to achieve?Well life is harsh, hug me don't reject me.0 -
Have a few people coming today to view the property and I just wanted to be prepared when I have chosen who to take on.
I thought I had read a while ago that if you didn't give it to them at the start of the tenancy then you couldn't use it at a later date if you need to get them out quickly.It is unwise to pay too much but it's worse to pay too little. When you pay too much, all you lose is a little money... that is all. When you pay too little, you sometimes lose everything because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot...it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run and if you do that you will have enough to pay for something better (John Ruskin - 19 ctry author, art critic & social reformer)0 -
This might help you http://www.lettings-landlords.co.uk/info/sec_21.html0
-
thats great - thanks bossyboots :TIt is unwise to pay too much but it's worse to pay too little. When you pay too much, all you lose is a little money... that is all. When you pay too little, you sometimes lose everything because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot...it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run and if you do that you will have enough to pay for something better (John Ruskin - 19 ctry author, art critic & social reformer)0
-
Get a copy of it signed by the tenants at the start, if possible.Don't see the point anymore in offering advice to people who only want to be agreed with...0
-
Dont forget to get tenants to sign tenacy agreement first!!
Also, i think Section 21 Notices are only valid for 12 months so if issuing 12 month tenancy would be invalid if served now.0 -
I am also still searching about when to issue a Section 21. There seems to be differences of opinion on this. I heard one recently that a judge has viewed it as a contradiction and invalidated the section 21. The reasoning was: Why would a LL tell a tenant he can have a lease, but, at the same time, tell him he has to leave?
Another story I have heard is that if you issue a section 21 at the start, the tenant can turn around and leave without notice, because you have already issued him a Section 21.
So, I am still confused as to which is the best way to go, but will get to the bottom of it someday. At the moment, I don't issue a Section 21 at the start. I will only issue one if and when it becomes necessary. Not taking any risksFREEDOM IS NOT FREE0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards