In process of buying a house but tenancy up in two months

Shellsey84

Hi I hope someone can help.

I am currently in the process of buying a house. No exchange/completion date as yet but my 1 year fixed term is up in September.

I have been contacted by the letting agent with regards to renewing the tenancy, and to let them know if I want to renew or not. They have said if I have not contacted them with 1 month to go ‘they will take steps to remarket the property’

My question is when is best to contact them about going onto a rolling contract at the end of the tenancy? (I know it automatically happens). At the moment I have no idea when exchange will take place and completion.
I have looked in my tenancy agreement and there’s no mention of transferring to a rolling contract.

Many thanks

G_M

See

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

Since a S21 Notice takes a minimum 2 months, if you respond in their time-frame (ie a month befoe the end of your fixed term) you will immediately have an additional month.

Tht assumes of course that they don't amicably agree to a periodic tenancy once they understand your intentions.

Communicating with the landlord often is more efffective, as agents are often driven by their own internal 'rules', their desire for renewal fees, &/or an unbending belief that they must 'protect' their client (the landlord).

Pixie5740

Shellsey84 wrote: »

Hi I hope someone can help.

I am currently in the process of buying a house. No exchange/completion date as yet but my 1 year fixed term is up in September.

I have been contacted by the letting agent with regards to renewing the tenancy, and to let them know if I want to renew or not. They have said if I have not contacted them with 1 month to go ‘they will take steps to remarket the property’

My question is when is best to contact them about going onto a rolling contract at the end of the tenancy? (I know it automatically happens). At the moment I have no idea when exchange will take place and completion.
I have looked in my tenancy agreement and there’s no mention of transferring to a rolling contract.

Many thanks

If the tenancy agreement does not mention a periodic tenancy then you will automatically start a Statutory Periodic Tenancy.

I'd hold off saying anything to them until at least August, that's if you even want to tell them you're happy with a periodic tenancy. Hopefully, by then you'll have a better idea of how the house purchase is progressing because if it falls through or the vendors are dithering you might need to stay where you are a bit longer.

Shellsey84

Many thanks for your advice both. I think I’ll contact the letting agent towards the end of the month.

As you say Pixie I may have a bit more info by then with regards to progress of the purchase.
It appears the searches are complete and the solicitor has sent me a copy.

If it is slow, let’s hope they allow the rollover as I have too much stuff to try and move house twice! Once is stressful enough!

Slithery

Shellsey84 wrote: »

If it is slow, let’s hope they allow the rollover as I have too much stuff to try and move house twice! Once is stressful enough!

It's not up to them whether or not they allow it, it's statutory (ie defined by law).