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When to give tenant notice during house sale?
Comments
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Another thought, could you sell to your tenant?0
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G_M - we are already talking to each other. I have already been round and sat down with my tenant face to face and told her that I will be putting the house on the market next Spring. This is over and above my contractual duties as a landlord. I have put the query on here because I want other people's opinions about my legal position.0
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kissprudence wrote: »G_M - we are already talking to each other. I have already been round and sat down with my tenant face to face and told her that I will be putting the house on the market next Spring. This is over and above my contractual duties as a landlord. I have put the query on here because I want other people's opinions about my legal position.
And for those who doubt their cake-baking skills, let me be clear - the cake is a metaphor!0 -
As others have said. You can't have the best of both worlds. Now your tenant knows she will have to be moving she may want to move sooner than you want to sell.
I am going through the same thing. Landlord decided out of the blue he wanted to sell. So have to be out in 7 weeks. We have just bought somewhere and now in a rush to push it through. Had I known he was even thinking of selling I would of looked earlier of course. And then he might of had a void period.0 -
As others have said. You can't have the best of both worlds. Now your tenant knows she will have to be moving she may want to move sooner than you want to sell.
I am going through the same thing. Landlord decided out of the blue he wanted to sell. So have to be out in 7 weeks. We have just bought somewhere and now in a rush to push it through. Had I known he was even thinking of selling I would of looked earlier of course. And then he might of had a void period.
Why do you need to be out in 7 weeks? Have you served notice? The tenancy can only be ended by you, the tenant, or a court so if it's just the case that your LL has served you with a Section 21 notice you don't need to move anywhere in 7 weeks. You can stay put, and let your LL go to court for an eviction order. Even then you don't need to leave until bailiffs come and physically remove you from the property. That might just buy you enough time to complete and move into your new home. Yes, you'd need to pay the course costs but that could work out a lot cheaper than moving twice.0 -
In my opinion the tenant needs to be out before you start marketing.
As a buyer I wouldn't invest any money into purchasing a tenanted property until I knew the tenant was no longer there.0 -
I'd agree with Hutch100UK and add a slight variation on reducing the rent, which is its reduced in retrospect.
For example you could draw up an agreement, £100 a month off her rent as long as she stays until (say) April 2017, and the money payable as a lump sum upon leaving, eg she continues to pay the normal rent but you put this aside and pay it only when and if she leaves on the agreed date.
That way you both have some skin in the game and she has a definite date to work to. I'd probably give her 4-6 months notice unless you think there's a danger she might be looking now in which case I'd make the offer now.0
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