What happens if new landlord buys property.

Kaykayday

Hi,
I've had allot of landlords view the property and wondered what would happen if a landlord bought it whilst I'm still here. I have been issued with a section 21 which ends in 3 weeks. But I have been unable to secure another property at the moment, the estate agents keep telling the landlords that I'm a fabulous tenant in the hope one of them lets me stay... They ain't gonna rush in getting a possession order as they are trying to pass me on to another landlord.

Anyway what happens if one takes me in? Can they increse the rent to what ever they like? I'm totally confused I wish I could just find somewhere else, but there simply isn't anywhere.

Guest101

They literally become your new landlord, same terms and conditions.


Same rights to increase rent

HappyMJ

Kaykayday wrote: »

Hi,
I've had allot of landlords view the property and wondered what would happen if a landlord bought it whilst I'm still here. I have been issued with a section 21 which ends in 3 weeks. But I have been unable to secure another property at the moment, the estate agents keep telling the landlords that I'm a fabulous tenant in the hope one of them lets me stay... They ain't gonna rush in getting a possession order as they are trying to pass me on to another landlord.

Anyway what happens if one takes me in? Can they increse the rent to what ever they like? I'm totally confused I wish I could just find somewhere else, but there simply isn't anywhere.

If a landlord buys it they will most likely want to keep you as a tenant and will not activate the section 21 notice. I would ask for it to be withdrawn in writing.

Yes they can increase the rent and if it's above market rates you can choose to either pay it or not.