Unsure what to think...

Tygermoth

We had been renting for ten years when the LL advised some people were coming around to 'value the properties for insurance reasons' at the time i asked the agent what was up as it didn't seem right as our LL was a penny pinching mealy mouthed landowner of a large estate falling into disrepair while he funded his lifestyle ......who i very much doubt had insurance for any of the houses.

After being told, rather rudely, by the agent that i was worrying over nothing as his mothers will did not allow the houses to be sold. I was reassured.

A few months later they sent a letter, admitted it was estate agents that had visited, a sale had been finalised and we were to be evicted - the whole row of us (some were tenancies over 45 years old so they got spanked when advised they couldn't)

After an almighty scrap with the local housing officer the landowner had to sell some the houses with tenants in situ. (no one had the right to tell him what he could do with his tenants, land and houses, apparently - the housing officer dissuaded him of that notion rather rapidly!)

I was angry they were not more upfront but apparently he needed the revenue of the rents till he got his hands on his sale money so didn't want anyone giving notice and leaving until the deal was finalised and he could evict us all.

(Yes, it still stings - the houses and the tenants were run by his mother who was a lovely lady - as such it was a great place to live. Good neighbours and a street of great civic minded people - most had lived there as ex staff from the estate and the peppercorn rent was part of their thanks from the estate after dedicating their whole working lives to the service of the family (normally for low or no pay as was the norm at the time).

She was passionate that the cottages remain as they were and they were to be held as part of the estate on her death and our tenancies to continue unabated - however he got round the will and in his words 'got his payday')

Smodlet

Indeed, Tygermoth, some LLs are lower forms of life than the common EA.

Tygermoth

Smodlet, I have had a few poor landlords and some great ones.

They, like every walk of life, have some undesirables i like to think the nasty ones are the exception to the rule and most are decent human beings.

Thrugelmir

JanetTee76 wrote: »

Does this sound right? I dont know if we are looking into it too much?

Landlord is letting the property as a business venture. You'll never know what they might be thinking. Might decide to sell at any time. One day they will.

robatwork

Either way I would guess he's selling up soon

Thrugelmir

Tygermoth wrote: »

I was angry they were not more upfront but apparently he needed the revenue of the rents till he got his hands on his sale money so didn't want anyone giving notice and leaving until the deal was finalised and he could evict us all.

I doubt that you would shoot yourself in the foot on a personal level. You wouldn't tell your employer you were leaving your job until you hard a firm written offer of another.