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Giving notice to landlord - new build home
Jodz24
Posts: 15 Forumite
Hi
Today we've exchanged on our new build home which isn't finalised just yet - we have been given an approximate date for completion from the developer - 1st November, but not guaranteed at the moment.
We have to give 2 months' notice to our landlord on the rented property we're currently in. At what stage should we give notice? When we have a more confirmed build complete date? We don't mind there being some crossover, perhaps a month of paying rent AND mortgage, but not any more than that ideally.
Anyone else been in this situation? I don't want to tell them too early in case we have no where to live!
Today we've exchanged on our new build home which isn't finalised just yet - we have been given an approximate date for completion from the developer - 1st November, but not guaranteed at the moment.
We have to give 2 months' notice to our landlord on the rented property we're currently in. At what stage should we give notice? When we have a more confirmed build complete date? We don't mind there being some crossover, perhaps a month of paying rent AND mortgage, but not any more than that ideally.
Anyone else been in this situation? I don't want to tell them too early in case we have no where to live!
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Comments
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Talk to your landlord. They may well be happy with being flexible about the notice in the circumstances.
Even if the newbuild is delayed, and even if your landlord is uncooperative, you are not going to be out on the street the day after your notice expires.0 -
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you really should not give up one home before you are sure the other one is ready.
What is the max period between the builder saying the place is ready and you having to complete?
If that is less than 2 months you will have an overlap
have you been round to see the place since the 1 Nov estimate was put up, what needs doing are people working on your place
what are the delays on the other properties on the site0 -
This is all I know at the moment: The anticipated completion period as inserted into the contract is the 1st – 29th November and completion should take place during this window. There is also a two month termination date which means that completion has to take place on or before 29th January 2020.
I will double check my contract with my landlord/current estate agent.
They're making good progress - I think it's appliances, carpets/flooring to go in and then get connected up to water etc.0 -
Your contract will also tell you when you get notice from the builder of the actual completion date - typically 14 days or so. That's when you're safe to give notice for your current place. Everything else is just a non-binding estimate.This is all I know at the moment: The anticipated completion period as inserted into the contract is the 1st – 29th November and completion should take place during this window.0 -
I have the opposite problem! I'm the LL and have suggested to my tenant that they move onto just a periodic tenancy instead of paying the agents fees every 12 months but they insist they want to keep renewing.
I know they are short of money and it saddens me that they keep lining the EA's pockets like this, but hey-ho. It's up to them0 -
I would highly highly suggest not giving notice until you have a set completion date.0
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*~Zephyr~* wrote: »I have the opposite problem! I'm the LL and have suggested to my tenant that they move onto just a periodic tenancy instead of paying the agents fees every 12 months but they insist they want to keep renewing.
I know they are short of money and it saddens me that they keep lining the EA's pockets like this, but hey-ho. It's up to them
Did you mean to reply in this thread? (I think it was the one about ASTs that this is more relevant to)
Out of interest OP, are you in a periodic tenancy? In that has your contract run out?The smaller the monkey the more it looks like it would kill you at the first given opportunity.
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You may well be right, but just to be clear:We have to give 2 months' notice to our landlord on the rented property we're currently in.
* are you in a fixed term contract? If yes, exact dates please, and is there a Break Clause? If Break Clause, what is the exact wording?
* Or is your tenancy periodic (rolling)? If yes, was it fixed term previously which has now expired? If yes, what does your original tenancy ageement say (if anything) happens when the fixed term ends? Exact wording please.0
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