I haven't signed new tenancy can I get out ..

G_M

Anxiousannie wrote: »

Start of Tenancy (08/11/2017) 07/12/2017 Payment of £1550.00 per
calendar month
08/12/2017 End of Tenancy (07/11/2018) Payment of £1550.00 per
calendar month

As the rent quoted is per calender month, you have a monthly periodic, not annual. The fact that you agreed to pay a year upfront is irrelevant.


The dates seem strange: what are the dates in brackets? why are there 2 different start dates and 2 different end dates?


Your tenancy periods run seem to run from the 8th to the 7th of each month
Assuming you have a monthly Statutory Periodic Tenancy now, your notice must include a full period and end on the 7th of the month.

Anxiousannie

Ok thank you very much for replying. I am now feeling less stressed as I've also just sound in with the contract information for tenants and it says if we are out of contract we enter into a perodoic period and we can give the landlord 1 months notice and if he wants us to leave he needs to give us 2 months notice!

G_M

Anxiousannie wrote: »

Ok thank you very much for replying. I am now feeling less stressed as I've also just sound in with the contract information for tenants and it says if we are out of contract we enter into a perodoic period and we can give the landlord 1 months notice and if he wants us to leave he needs to give us 2 months notice!

Please quote this section in full.

AnotherJoe

I think we can be very confident that if rent was payable one year in advance then at this point after 4 months of monthly payments the agents and landlord would be screaming for their years rent !

Anxiousannie

We only paid the first year in advance as we didn't earn enough on paper (We get dividends and salary) so they wanted a year in advance. Then last year we were able to prove we now earnt enough to pay monthly and then we're happy to do so!

ThePants999

Comms69 wrote: »

I would hedge my bets at it being monthly.

Since you've admitted to a little pedantry on the thread, I'll point out that you mean "I would place my bet..." - hedging your bet means entirely the opposite, it means taking an action to mitigate your losses if you lose the bet, such as also betting the other way (http://www.betsmart.co/what-does-hedging-your-bets-mean/ is a neat explanation.)

Comms69

ThePants999 wrote: »

Since you've admitted to a little pedantry on the thread, I'll point out that you mean "I would place my bet..." - hedging your bet means entirely the opposite, it means taking an action to mitigate your losses if you lose the bet, such as also betting the other way (http://www.betsmart.co/what-does-hedging-your-bets-mean/ is a neat explanation.)

Fair point, and I should have known better.

bopsybunny

Hi, if it helps I recently bought my first house (YAY!), moving from rented. We were on a 12 month contract which then automatically switched to periodic after 12 months when we chose not to pay to sign another fixed term contract, knowing it was our intention to buy soon. We paid rent monthly. There was nothing in the original contract about notice period when out of the fixed term. I contacted the agent who told us it was 30 days.

We gave our notice on the day we exchanged on the new house (same day as completion unfortunately...), and moved out the following day. This meant we overlapped on rent and mortgage for a month, which wasn't ideal but the only risk-free way. They ended up finding new tenants who moved in after 2 weeks, so we got a refund on that portion of rent!