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My landlord is selling our house
Comments
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justworriedabit said:Edenbridge said:justworriedabit said:Poster_586329 said:If he wants you out through the courts, though, it will probably take him a year!
Re lack of gas safety cert - if you are a LL, use a letting agent so middle party has unbiased evidence that you tried but could not get access/etc and if you are a T, as soon as LL fails gas cert report them to the council for help/advice they will sort them out.
Looking at this scenario to me I am pretty confident the new LL will serv a no fault eviction notice ie 21. My sibling bought a property with a sitting T who had been there for a few years paid rent on time/etc and was nice as pie. As soon as my sibling go the property and tried to get them to sign a new contract, the T refused and then started claiming there was not enough heating etc - sbiling has it checked out at cost and it was well above the rquired levels - then claimed damp but it was condensation by drying clothes in a small room not turning on heating or open a windpw - get the T evicted on a section 21 I think you call ie the one mentioned above and T was not happy and was taken to court and within three months from the point of sec 21 the T was out - a lick of paint, good clean, new flooring all round, new hob, sink cost about 2k my sibling was able to rent it out for about 4k more per year and has grea T's that sign a new yearly contract every year. My sibling uses a fully managed letting route as do everyone I know.
So if you are a T or a LL, try and go via a letting agent and usually you get better results for BOTH SIDES
From the information provided by the OP it is highly likely that any Section 21 would be invalid.
The notice period required by landlords to give notice of repossession has currently been extended to a period of 6 months as per The Coronovirus Act 2020.
Courts are currently hearing few,if any cases.Once the Courts fully reopen the backlog of cases is likely to take months and months to clear.......I suspect a year from issuing a valid S21 to eviction is a very conservative estimate!
Yes, Covid, quite a few LL's are in desperate trouble as they are getting no rent, property trashed and the LL still has to carry out the repairs and it may go on for months. This in turn may mean the LL not only losing the rental/s but the roof over their/family's heads. All thanks to this Government.
You can have a good T but circumstances with the LL's can change it is their property, their money and the T may not be happy but they have to do what they need to do.
We are planning on buying 2 rentals but looking into HMO in a nice location near a station/tube as we want high returns, working professional and hope this situation where LL's can't kick out those that don't pay rent, sublet, trash a property is soon over.
It it the LL's property, but it is also the tenant's home, which you seem to ignore.
No free lunch, and no free laptop4 -
caprikid1 said:"The tenant/s may also be in a desperate situation. Letting will always have a risk associated to it, as do all investments."
I agree that all business is a risk but normally you work those risks within the regulatory framework you offer, with Landlords though it was thrown out the Window for Covid, Landlords were expected to home the nation for free whilst other business's got loans and assistance. It is very much a business but not in the government's eyes !1 -
moneysavinghero said:caprikid1 said:"The tenant/s may also be in a desperate situation. Letting will always have a risk associated to it, as do all investments."
I agree that all business is a risk but normally you work those risks within the regulatory framework you offer, with Landlords though it was thrown out the Window for Covid, Landlords were expected to home the nation for free whilst other business's got loans and assistance. It is very much a business but not in the government's eyes !0 -
[Deleted User] said:moneysavinghero said:caprikid1 said:"The tenant/s may also be in a desperate situation. Letting will always have a risk associated to it, as do all investments."
I agree that all business is a risk but normally you work those risks within the regulatory framework you offer, with Landlords though it was thrown out the Window for Covid, Landlords were expected to home the nation for free whilst other business's got loans and assistance. It is very much a business but not in the government's eyes !No free lunch, and no free laptop2
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