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Moving from rental to purchased house
elvenlomadia
Posts: 36 Forumite
My husband and I are currently renting and have had our offer accepted on a house we want to buy today. The person we are buying the house from is moving to a new-build flat, and we are FTB so no chain. It is looking like his flat will be ready late April/early May.
The issue we have is that we are currently coming to the end of our 6-month contracted rental period (due to end 17 March). Obviously we don't want to sign another 6 month contract when we are probably going to need another 2 months, but we're concerned about doing nothing and letting the tenancy go periodic as the letting agent serves a new s21 notice on us as a matter of course every time we sign a contract for the next 6 months (so there is an s21 currently in place from when we renewed last September).
I would really appreciate help with what our position is - I don't want to end up homeless if the sale falls through!
The issue we have is that we are currently coming to the end of our 6-month contracted rental period (due to end 17 March). Obviously we don't want to sign another 6 month contract when we are probably going to need another 2 months, but we're concerned about doing nothing and letting the tenancy go periodic as the letting agent serves a new s21 notice on us as a matter of course every time we sign a contract for the next 6 months (so there is an s21 currently in place from when we renewed last September).
I would really appreciate help with what our position is - I don't want to end up homeless if the sale falls through!
0
Comments
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Do nothing. If you're sent a new 6 month tenancy agreement explain to the LA that you just want a periodic tenancy. If the LA doesn't listen contact the LL as that is who your contract is with.
Even if the Section 21 is valid, it doesn't end a tenancy. A tenancy can only be ended by the tenant or a court. So if the LL and LA both say no to the periodic tenancy (which will automatically start come 18th March anyway) they would have to go to court to get an eviction notice which could take weeks if not months and would buy you some extra time.
You could also look at short term rental accommodation for a few months if that works out cheaper than another 6 month AST.
New builds tend to be delayed so I wouldn't count on the vendor's next home being ready late April/early May.
Depending on how strong a position you are in you could try and get the vendor to agree to exchange and a completion date and he could move into rented accommodation if his new home isn't ready but that's a more risky strategy.0 -
* Ending/renewing a fixed term: what happens when a fixed term ends? How can a LL or tenant end a tenancy?0
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