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!
Selling a property with tenants in
Comments
-
theartfullodger wrote: »If the tenants have any sense they will demand serious £££ for being "accommodating". How would you like people traipsing round your home, your privacy, when you gain nothing from it??
My goodness there are some angry people around.
They informed me they wanted to leave because they are expecting a baby and want to upgrade to a larger property. They will move onto a periodic tenancy once the AST expires in February.
It is actually me being flexible. I would put it up for sale today as per my contractual right but have given them the option to stay if they desire so.
It was a question about marketing a property. Tenants are cool about it. Landlord (me) is cool about it.
Careful you don't fall of that high horse :beer::beer:0 -
My goodness there are some angry people around.
They informed me they wanted to leave because they are expecting a baby and want to upgrade to a larger property. They will move onto a periodic tenancy once the AST expires in February.
It is actually me being flexible. I would put it up for sale today as per my contractual right but have given them the option to stay if they desire so.
It was a question about marketing a property. Tenants are cool about it. Landlord (me) is cool about it.
Careful you don't fall of that high horse :beer::beer:
How are you being flexible exactly?
So they gave no notice? neither have you?
They have the right to stay on, probably for the next 6 months...
Think theres only 1 high horse here....0 -
Sorry crystal ball on the fritz again. Obviously I'm supposed to know all this from your original post?
The fact is that you are lucky that they are cooperative and not asking for a financial incentive.
U say they're moving soon, but I'm confused if u gave notice or they did.
Good luck with the sale. But beware relationship like this break down very quickly, any good will on your part isn't worth the non existent paper it's written on.
They told me they wanted to move and were expecting to be gone by March. They now prefer a periodic tenancy whilst they look for somewhere.
I have helped them in the past now they are in theory going to help me. If they don't c'est la vie.0 -
How are you being flexible exactly?
So they gave no notice? neither have you?
They have the right to stay on, probably for the next 6 months...
Think theres only 1 high horse here....
Forget it mate.
I asked a question re marketing. You went on a moral crusade for my tenants who do not share your opinion or require your support.0 -
The problem is even if they allow viewings etc whenever you want, they are going to be preparing to move so there will be packing going on and probably a lot of clutter around. Whereas if you wait until they leave you can show people round a nice, clean, empty property with no chain or complications.0
-
Forget it mate.
I asked a question re marketing. You went on a moral crusade for my tenants who do not share your opinion or require your support.
?
I was simply pointing out that you are lucky to have cooperative tenants and that this may change.
Unless your tenants are reading this post, there's no support offered to them. More a practical example if what can happen.0 -
OP, there have been many, many threads here about tenants not leaving when they have given notice or when a S21 expires. Your tenants may be planning to leave in March, but circumstances and plans can change.
If tenants change their minds what is your plan?
It can get months to gain vacant possession through the courts if the tenants decide they don't want to go (for whatever reason) and any solicitor worth their salt will not let a buyer exchange without vacant possession (unless a BTL).
So things maybe fine and work out as both you and your tenants plan. But potential buyers don't know that, and it is a unquantifiable risk for them to assume vacant possession will occur when anticipated.
ETA this is a very useful post about ending a tenancy http://forums.moneysavingexpert.com/showpost.php?p=52421475&postcount=6
It is as well to be aware of the legal situation. Have you protected the tenants deposit within the requisite time frame and issued the prescribed information?It is a good idea to be alone in a garden at dawn or dark so that all its shy presences may haunt you and possess you in a reverie of suspended thought.
James Douglas0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards