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Buying a property that’s occupied with tenants
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Deleted User said:macman said:steve866 said:I find it interesting that on this thread and others on here, everyone assumes that all tenants reactions to being asked to move out will be met with refusal and it dragging out for a long time. Is this really the case in general? In my circle of friends none of us would have stayed for months on end if a landlord wanted to sell, we would all have moved out in a reasonable timeframe, is this unique?I’ve rented a few times in the past and my contract has always stated the landlord can evict me with XYZ notice and no reason.
Remember, a landlord is legally never allowed to end a tenancy. The only 2 parties that can do so are the tenant(s) or the court.1 -
74jax said:badger09 said:74jax said:EndlessStruggle said:Okay so the tenants are now the least of my problems as the house next door which is almost identical (a few modifications and extra land) is up for sale for 70k more than my accepted offer
If you want to wait till next year (time for them to look, view, offer etc) go ahead. If not pull out. Don't spend any money at all until the tenants have started to pay money for searches.
Why didn't they offer on the house they are renting?
I'm going to speak with my solicitor on Monday and then speak to the estate agent and decide what to do.
I haven't seen anything else yet I like since looking from May but I'll have a think about next door over the weekend.
It's over what I ideally wanted to spend but not over what I can borrow and my deposit would cover that one too as I have a 25% deposit on the current house.0 -
74jax said:badger09 said:74jax said:EndlessStruggle said:Okay so the tenants are now the least of my problems as the house next door which is almost identical (a few modifications and extra land) is up for sale for 70k more than my accepted offer
If you want to wait till next year (time for them to look, view, offer etc) go ahead. If not pull out. Don't spend any money at all until the tenants have started to pay money for searches.
Why didn't they offer on the house they are renting?1 -
I'm confused it's OK.
Are endless struggle (post on page 3) and op the same?Forty and fabulous, well that's what my cards say....0 -
74jax said:I'm confused it's OK.
Are endless struggle (post on page 3) and op the same?EndlessStruggle said:I'm in the same boat as I've offered on a house with tenants in.EndlessStruggle said:74jax said:badger09 said:74jax said:EndlessStruggle said:Okay so the tenants are now the least of my problems as the house next door which is almost identical (a few modifications and extra land) is up for sale for 70k more than my accepted offer
If you want to wait till next year (time for them to look, view, offer etc) go ahead. If not pull out. Don't spend any money at all until the tenants have started to pay money for searches.
Why didn't they offer on the house they are renting?1 -
steve866 said:I find it interesting that on this thread and others on here, everyone assumes that all tenants reactions to being asked to move out will be met with refusal and it dragging out for a long time. Is this really the case in general? In my circle of friends none of us would have stayed for months on end if a landlord wanted to sell, we would all have moved out in a reasonable timeframe, is this unique?
Then we'll get an idea based on that of how likely it is they will move out as agreed/clean as opposed to stay until the bailiffs come/rip the boiler off the wall.0 -
robatwork said:steve866 said:I find it interesting that on this thread and others on here, everyone assumes that all tenants reactions to being asked to move out will be met with refusal and it dragging out for a long time. Is this really the case in general? In my circle of friends none of us would have stayed for months on end if a landlord wanted to sell, we would all have moved out in a reasonable timeframe, is this unique?
Then we'll get an idea based on that of how likely it is they will move out as agreed/clean as opposed to stay until the bailiffs come/rip the boiler off the wall.0 -
lookstraightahead said:robatwork said:steve866 said:I find it interesting that on this thread and others on here, everyone assumes that all tenants reactions to being asked to move out will be met with refusal and it dragging out for a long time. Is this really the case in general? In my circle of friends none of us would have stayed for months on end if a landlord wanted to sell, we would all have moved out in a reasonable timeframe, is this unique?
Then we'll get an idea based on that of how likely it is they will move out as agreed/clean as opposed to stay until the bailiffs come/rip the boiler off the wall.I think robatwork was suggesting that there's no difference between the proportion of scummy people in the population as a whole, and the proportion of scummy tenants.So if 10% of the general population are scummy, there's a 10% chance the tenants will rip the boiler off the wall......2 -
canaldumidi said:lookstraightahead said:robatwork said:steve866 said:I find it interesting that on this thread and others on here, everyone assumes that all tenants reactions to being asked to move out will be met with refusal and it dragging out for a long time. Is this really the case in general? In my circle of friends none of us would have stayed for months on end if a landlord wanted to sell, we would all have moved out in a reasonable timeframe, is this unique?
Then we'll get an idea based on that of how likely it is they will move out as agreed/clean as opposed to stay until the bailiffs come/rip the boiler off the wall.I think robatwork was suggesting that there's no difference between the proportion of scummy people in the population as a whole, and the proportion of scummy tenants.So if 10% of the general population are scummy, there's a 10% chance the tenants will rip the boiler off the wall......0 -
canaldumidi said:I think robatwork was suggesting that there's no difference between the proportion of scummy people in the population as a whole, and the proportion of scummy tenants.So if 10% of the general population are scummy, there's a 10% chance the tenants will rip the boiler off the wall......1
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