Landlord selling property can’t afford to move

xxChellexx

@Zoe02 I understand increased costs etc but prices shouldn’t be raised to unrealistic levels because of demand? 

I am just waiting for him to contact me, he has told me he is selling and that’s it, nothing since. 

I will continue to pay rent, I don’t want to make this difficult for anyone. 

So even if I did find somewhere the chances of me getting it aren’t very high? I will have an excellent reference covering the past 14 years, but I’m a lone parent so my income is not as attractive as others.

[Deleted User]

xxChellexx said:

@Zoe02 I understand increased costs etc but prices shouldn’t be raised to unrealistic levels because of demand? 

I am just waiting for him to contact me, he has told me he is selling and that’s it, nothing since. 

I will continue to pay rent, I don’t want to make this difficult for anyone. 

So even if I did find somewhere the chances of me getting it aren’t very high? I will have an excellent reference covering the past 14 years, but I’m a lone parent so my income is not as attractive as others.

Tru.e my price is set in line with going rate and also takes into consideration all costs.

Some landlords have not increased prices in so long and want  to increase a huge amount at once.

My rent went up 10% as was charging LHA rate which is below going rate.

If the landlord has not started eviction process then nothing you can do but to have a plan and start looking for alternatives but don't have to leave.

It depends on your location demand, supply etc. Also check you are getting all the help you are entitled to.

Sometimes the councils can also help they offer incentive payments to landlords to accept people.

Everyone is different but haven had a bad experience, life is too short don't want to be dealing with avoidable issues all the time so been very selective going forward and not taking the council incentive again as when there were problems they didn't want to get help out or intervene.

All the very best. 

bunnygo

xxChellexx said:

@bunnygo thank you for the information that’s really helpful.
so I will be expected to cover court costs too… as if things aren’t hard enough and if that’s the route I have to go down it will be forced as I don’t want that for either myself and family or the landlord.

It is awful, isn't it. There was allegedly legislation to stop councils forcing you to wait for the bailiff, but with no money for that and no extra council houses it is meaningless. The landlord should have legal expenses insurance so you have to think of yourself first. Covering eviction costs needs to be enforced separately, to be honest it rarely happens but it is a possibility.

I really hope things improve, but you must think of yourself first rather than the landlord. And I say that as a landlord.

silvercar

If the estate agent is also the letting agent they may be helpful in finding a property for you in order to speed up the sale. 

xxChellexx

@bunnygo it really is, it isn't fair on either party and can imagine a very uncomfortable way to live waiting around for the bailiffs. Thank you, I will put my family first I’m sure this is going to be a very long and hard process. 

@silvercar I never went through an estate agent, was direct through the landlord from what I can gather the estate agent he is using to sale are willing to help me find a property as I am an easy tenant who pays on time….however I cannot afford the current rental prices so kind of pointless.

diystarter7

xxChellexx said:

ce. 

I will continue to pay rent, I don’t want to make this difficult for anyone. 

So even if I did find somewhere the chances of me getting it aren’t very high? I will have an excellent reference covering the past 14 years, but I’m a lone parent so my income is not as attractive as others.

Hi

Honestly, I'm really pleased you have now decided that. It is best all round and there is a chance they could sell it with you in it

Either way, good luck

Bonniepurple

xxChellexx said:

@Bonniepurple do you know the reason why they’ve stopped this? And for how long? I have looked at S glos, and banes every where is similar. 

The landlord said the estate agents dealing with the sale will be in touch, and also help me with rental properties as he has told them I have been a good tenant. No mention of an S21 and no contact from the estate agent yet . If this property went to another landlord then they will no doubt up the rent to match everywhere else and without doing the work needed to the place. 

I’m assuming overwhelm and lack of funds.  In Gloucestershire the waiting list has been horrendous and they started using a private provider to assess, who, in fairness, moved very quickly.  I’m in a support group for parents around the area and they’re up in arms - as I would be if I lived a few miles further south.

ayupmeduck

diystarter7 said:

Martico said:

It's insane. When I came back to in Bristol in 2016, while looking for a place to buy I rented a 2-bed house in (expensive) Southville at £850. When I moved out end-2016 having found a place to buy, the rent for that place shot up to around 1,200. That kind of property is now rented for 2,000 or more. 
I know this doesn't help your cause, it just shows that things have been bonkers here. I've got friends that have moved to Newport, others that have moved to van-living. Neither are options for you I suspect, I feel for you

Hi

I want to keep this OT to help the OP. The rents you talked about and people moving. In London this has been happening not to renters but kids that grew up with parents and as early as the 70's a couple of workmates where their parents lived in Fulham had to move to se and or east london, greater London and this has been typical when house buying and renting for years.

Where we live you can get more for your money retal wise and owner occupier wise and the areas that were deemed run-down in the 80's early 90' like Brixton, Croydon, Dulwich, etc etc in ceratin areas have skyrocketed. Therefore, its not just Bristol but I guess most big towns and cities in England

As the other poster stated, this is an unfortunate situation for the OP & their nice LL

Thnaks

2 bed flats to rent in my area is mostly £12000+ most £1400+. TO buy new 2 bed flat is min £320k!!! I feel for the OP, i dread the idea of having to move anytime soon.
How council operate is understandable with the amount of people awaiting housing but not nice for those waiting.

macman

Is your LL willing to sell it with the tenancy in place? As you are aware, but he may not be, that the sale of the property does not end the tenancy.
Has he actually told  you that he is seeking vacant possession before marketing it?
It does seem from local social media that a large number of LL's simply believe that a tenancy is magically ended when they sell the property.

xxChellexx

macman said:

Is your LL willing to sell it with the tenancy in place? As you are aware, but he may not be, that the sale of the property does not end the tenancy.
Has he actually told  you that he is seeking vacant possession before marketing it?
It does seem from local social media that a large number of LL's simply believe that a tenancy is magically ended when they sell the property.

I doubt it but even then, the new landlord would want to raise the rent no doubt. He hasn’t told me much just that he has no choice but to sale and that as I have been a good tenant he has spoken with the rental team at the estate agent dealing with the sale who will help find a new let… like it’s that easy! I think he does just think I’ll be able to up and leave within a month or something which is really not the case