Question regarding tenant

Blackpool_Saver

Just to put my two penny worth in, if I was a landlord I would rather try new tenants out for 6 months, than be stuck with bad ones for at least 12

SuzieSue

McKneff wrote: »

Could you negotiate and ask if they would sign an agreement for them to give yo 2 months notice.

If they are good tenants I would be hesitant to risk getting some tenants the like of which youve had before.

As above. I can't see why you can't ask them to sign a 12 month contract but with a clause saying that they can give you 2 months' notice to leave any anytime and you can also give them 2 months' notice at any time.

redskyatnight_2

Thanks everyone. It seems like an overwhelming majority opinion, that I should let the tenants stay on periodic. The more posts I read, the more I think I should just let them stay there until they're ready to go. I mean, even the property agent thinks a periodic tenancy is a good idea.

Thanks again all. You have helped me make up my mind. They are good tenants and good people, and they don't deserve to have an 'eviction notice' served.'

By the way, aren't we all wage slaves? LOL

BitterAndTwisted

If your tenants do go on to a periodic tenancy and do give you at least a month's notice, how long do you think any new tenants will be looking for another property and be ready to move in?

They rarely start looking months ahead of time, as they won't want to pay two lots of rent.

Hold on to your good tenants and be glad you've still got them. If you agree to a periodic tenancy and keep them on-side you might be able to persuade them to be flexible about viewings once they've given you notice and you may not suffer a void-period at all.

bitsandpieces

You've made the right decision to keep the good tenants in, I think! Hope they stay a long time.

In the longer term, if you're in a situation where you couldn't cope with even a short void then you need to get some contingency planning done ASAP. You could end up with a bad tenant in - who stops paying rent, takes months to evict, insists you fix the boiler when that breaks and then trashes the place before leaving. You need to have some funds in place to deal with things when they don't go to plan.

redskyatnight_2

bitsandpieces wrote: »

You've made the right decision to keep the good tenants in, I think! Hope they stay a long time.

In the longer term, if you're in a situation where you couldn't cope with even a short void then you need to get some contingency planning done ASAP. You could end up with a bad tenant in - who stops paying rent, takes months to evict, insists you fix the boiler when that breaks and then trashes the place before leaving. You need to have some funds in place to deal with things when they don't go to plan.

I am struggling a bit lately yes I know I need to try and sort this and make a contingency plan in case I am without a tenant for a while. Thanks again everyone xxx

theartfullodger

redskyatnight wrote: »

... ...

By the way, aren't we all wage slaves?

Certainly not!!!

Me, I'm retired (largely..)..

There's the rich... not me..

There's those on benefits... including those in receipt of civil list £££... not me, not me...

There's the crooks.... not me,, though some might hold alternative views...

There's students ... not me...

There's those at school or pre-school.... not me...

Contingency plan: Ah, yes: Always have one, including coping the the tenant (or letting agent...) who doesn't pay for (say..) 7 months whilst you pay legal fees and the mortgage.... compared to that a short void is easy...

Stormchaser_2

Agree with the majority. KEEP THESE TENANTS. You have nothing to gain by insisting that they go, and being pedantic enough to say 'I will only accept people who sign 12 month contract.' You will give yourself a reputation as an inflexible and unreasonable landlord, the property agent will not be very pleased that you drove the tenants off, and as several here have said, you could end up with new tenants that are awful.

Also, (again as people here have said,) these people may end up staying after all. What's more, a periodic tenancy is beneficial to you as well, as you're not stuck in a long contract either. What if someone suddenly wanted to buy your house, and you were only a month into a 12 or 18 month contract? A periodic tenancy is the best answer all round.

What are you going to gain by saying no?