We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
help : Sitting tenant !!
homeworker
Posts: 84 Forumite
I am looking to purchase a property but I am not looking to evict the sitting tenant but I am not too sure whether I can change her succession rights! Does anyone know where I could get advice on this !
Nice to save.
0
Comments
-
The shelter website would be the first point of call.
You need to find out what type of tenancy they have first.Well life is harsh, hug me don't reject me.0 -
with a sitting tenant you have two options beyond the obvious.
1. ride it out
2. offer them something to go
not ideal really. do you know what kind of tenancy she was on and for how long she has been there? basically the longer she has been there (and age) the more rights she will have."enough is a feast"...old Buddist proverb0 -
she has been living there for over 40 years , there has been no agreement. The lady who owned the property has died and we are wishing to buy the house but she lives in the majority of the house and she is 80 years old. Nobody knows what aggreement was taken out.Nice to save.0
-
This is likely to be a protected tenancy and, as theGrinch says, you don't have many options. She's probably paying 7/6 a week rent too. You need serious heavy duty advice on tenancy succession in this situation. Landlord and property websites may help but you'd still need to run it passed a suitable solicitor too IMHO.A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
was the property marketed for sale at an estate agency?
who owns the property?
chances are she has the right to remain their for the remainder of her days. the question is whether you could live in the remaining part of the house (is it self-contained?) The question you need answering is whether she has the right to install a relative to look after her and if this relative then succeeds to the sitting tenancy?I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
she will have very strong rights on two counts; time there and age. if she is a sitting tenant then you should be buying the property at a significant discount; typically 25% below market value and it could be more here as the space occupied is significant. People weigh this up against life expectancy tables (annuity tables) and arrive at costs and benefits of the purchase.
if you are buying this anywhere near market value, think twice!
I have dealt with sitting tenants before and they come in many shapes and forms but all know their rights.
some move onto without a fuss, some die in situ without a fuss (you need to make sure she cant pass on her sitting rights!), others will take money to move on from a few thousand to tens of thousands of pounds.
Have the existing owners had any discussions with her about moving on? I am sure they have but whether they will disclose it is another thing unless you remind them they are obliged to address questions.
The critical factor is the price you are paying."enough is a feast"...old Buddist proverb0 -
Thank you all for highlighting several issuses. I think I need to go back and talk to my solicitor to draw up a letter to the vendor. Unfortunatly so far my solictor has spoken with the other party's solictor and both have come to the conculsion that there is no aggreement. I am not too sure if I am allowed to amend this to highlight that there is no succession rights. The house is good price but comes with a serveral setbacks. 1. she occupies two floors therefore majority of the house 2) if and when she passes away there is major work to that side of the house and we could be talking 10 - 20 years.Nice to save.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
