As a landlord what would you think?

steveouk

Ok fair points. The 9 month works out better as I go away for work and return in September and would then be in the same situation at least with a 9 month contract we have the flexibility.


Anyway looking at the floor plan of the house on right move it is essentially an improved version of what we are renting now. It is just around the corner from us and it put me onto an idea.


I wonder if our landlord would consider selling the property to us!! The market value of this one is about 20k less than the one I am looking at and we could then take our time to make this place how we want it!!

steveouk

How would we persuade the LL its a good idea to sell to us. Also how much would an extension cost so we could add another bedroom to this house?!

SerialRenter

steveouk wrote: »

Also how much would an extension cost so we could add another bedroom to this house?!

10% of GDP ± RPI / (PPI * CPI)

Also known as the length of a piece of string.


Invite the landlord around for a cup of tea to discuss the possibility of buying, or send them a nice letter. I personally wouldn't leave it to the letting agents. They'd probably be after commision if you did.

steveouk

ok sorry it is a silly question

G_M

* Ending/renewing an AST: what happens when a fixed term ends? How can a LL or tenant end a tenancy?

steveouk

If we sign for a new agreement I presume we would be liable for the cost of the entire period should we exit early

steveouk

Could we consider asking that an exit clause be inserted should we wish to leave before the end of the agreement?

G_M

You can ask for anything you like.

the LL can agree or refuse.

Once you sign you are committed to whatever the contract says.

Have you yet read:

* Ending/renewing an AST: what happens when a fixed term ends? How can a LL or tenant end a tenancy?

steveouk

Yes. We can give one month's notice. He can end for any reason providing he has served a correct section 21 notice and that this notice is that he requires possession not that we have to leave. However we don't want to end up letting him take us to court. By the time he did I would be away and my other half would be in a tricky situation.
We looked at alternative rental properties last week and almost went for one but our current LL agreed to this 9 month contract and we decided that it would work out best for us and that we would be able to have longer to save more of a deposit then.
That was based on the fact we may have to pay more for what we wanted and not that a nice property would come up five mins from where we live now at what seems to be a reasonable price. Price being 150k for 3 bed room and two reception room a few mins from the train station and modern throughout.


It all seems too much I should not have looked and just signed the new agreement!!

franklee

View the house asap and then you will be in a better position to judge what to do.

Personally you should have taken the advice on your last thread and kept your head down and you would have had a periodic tenancy automatically. If you'd agreed to a rent increase in tandem with that it's highly unlikely the landlord would have actioned the section 21 notice. Why evict a proven good tenant just to get in an unknown one losing rent during the switchover and having more agent's fees to pay? Why want a new fixed term that ends at Christmas which is the hardest time of year to get new tenants in? It's likely just the agent being over pushy.

If the house is for you remember to ask the vendor's position, see if they are likely to be ready to move sooner or later. Did you write to the landlord as you said you would in the last thread?