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Worried about renting crisis
Comments
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user19860331 said:Yes but who says my LL will event want me on a periodic tenancy? If they wanted to sell the place, surely they would just tell me that I have to leave once my original tenancy runs out
I agree it's best to know what's possible and think about what you want to do but don't panic. Friends who've always rented were told by their landlady that she was selling up (at a stupidly high price that meant they weren't interested) so they started looking around for another rental and then eventually a place to buy. Process took 18 months.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Martico said:user19860331 said:Jude57 said:user19860331 said:MultiFuelBurner said:If your landlord has a buy to let mortgage that is up for renewal in the next 12-17 months then yes they may well consider selling up as an extra £200 probably won't leave them with the return they need.
It sounds like you have a letting agent barrier so you can't ask your LL outright.
There's a sticky at the top of this sub-forum with guides for tenants which I'd recommend you read so that you have a better idea of your rights as a tenant.
OP
As stated when your fixed term.tenancy gets to the end of the fixed term.it automatically rolls over onto periodic. You can choose to move out before or on the last day of the fixed term or stay. If you stay you have a periodic tenancy. Your landlord cannot throw you out and would have to navigate the court process which can be very difficult and very easy for landlord to make a mistake doing.2 -
Martico said:user19860331 said:Jude57 said:user19860331 said:MultiFuelBurner said:If your landlord has a buy to let mortgage that is up for renewal in the next 12-17 months then yes they may well consider selling up as an extra £200 probably won't leave them with the return they need.
It sounds like you have a letting agent barrier so you can't ask your LL outright.
There's a sticky at the top of this sub-forum with guides for tenants which I'd recommend you read so that you have a better idea of your rights as a tenant.
https://www.gov.uk/evicting-tenants/section-21-and-section-8-notices#:~:text=A Section 21 notice must,continue as a periodic tenancy.
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user19860331 said:_Penny_Dreadful said:user19860331 said:I currently pay £600PCM living in West Yorkshire, but my tenancy runs out in a few months and I'm worried that my landlord might decide to sell up and therefore kick me out
I could afford a rental increase of approx £200 without too much trouble.
But if I get kicked out I will probably struggle to find anywhere else, going by what I've heard about massive waiting lists for viewings.
Im also hoping to apply for a job in York, and saw there was NOTHING available in the whole city for less than £1000PCM on Rightmove
I would ideally buy my own place but I only have 5K savings so I doubt I'd be able to get a deposit that cheap
Does anyone have any advice on what I can do?What happens at the end of the fixed term is covered in the How to Rent booklet you’ll have received at the start of your tenancy.
This happened to me once before because the landlord wanted to sell the place, so ever since then I've been worried when renting other places
The agreement can be ended only either by you or a court, not any other party involved.
This is the law, which will override any conditions you may have in the agreement as a court will deem these unfair.💙💛 💔3 -
user19860331 said:jimbog said:user19860331 said:MultiFuelBurner said:If your landlord has a buy to let mortgage that is up for renewal in the next 12-17 months then yes they may well consider selling up as an extra £200 probably won't leave them with the return they need.
It sounds like you have a letting agent barrier so you can't ask your LL outright.
Even if they do sell, it doesn't change your tenancy - that continues. Indeed a new owner may be happy to have a tenant like you already in place
Yes I am thinking it might be better to not say anything as I dont wanna give them ideas (it might also encourage them to up the rent).
But who's to say the new owner (if it is sold) will consider letting it out? Maybe they would wanna live here themselvesThey may have no intention of wanting to live there but instead continue to have it let out ( to you).Gather ye rosebuds while ye may1 -
Good grief! I don’t know how much clearer I or other posters can make this to you, your landlord does not have a choice whether you start a periodic tenancy or not and an AST can only be ended by you (the tenant) or a court.Tenants like yourself are the reason why landlords like myself have to give tenants a How to Rent booklet at the start of your AST. It spells out what happens at the end of the fixed term in plain English. I urge you to RTFB.6
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user19860331 said:Martico said:user19860331 said:Jude57 said:user19860331 said:MultiFuelBurner said:If your landlord has a buy to let mortgage that is up for renewal in the next 12-17 months then yes they may well consider selling up as an extra £200 probably won't leave them with the return they need.
It sounds like you have a letting agent barrier so you can't ask your LL outright.
There's a sticky at the top of this sub-forum with guides for tenants which I'd recommend you read so that you have a better idea of your rights as a tenant.
https://www.gov.uk/evicting-tenants/section-21-and-section-8-notices#:~:text=A Section 21 notice must,continue as a periodic tenancy.
Read it again. Carefully. You need to correctly understand your rights.
Post 4: Ending/renewing an AST: what happens when a fixed term ends? How can a LL or tenant end a tenancy? What is a periodic tenancy?
As for approaching the LL/agent about the LL's plans- it's a bit early. Maybe 6 weeks before the fixed term ends, unless he/they contact you first.
BTW - if you want to know your LL's name, it's on the tenancy agreement.
If it's not, or you want his address also, you have the right to both, if you ask in writing. See
Landlord & Tenant Act 1985
S1.
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The posters who state you are don't have to leave if the landlord asks you whilst they are correct only a court can evict you and that takes time.
Please bear in mind you will not be able to get a reference from your landlord and other landlords will be reluctant to take you if you this happens. Exerting your legal rights is not going to work to your advantage , it will just delay the inevitable.
Whilst everything being stated is technically correct it probably is unwise unless you are buying a house and don't need to worry about references etc.
The rental market is getting worse due to appalling misguided government policy towards landlords without any suitable alternative being provided. If the plans to abolish Section 21 come in this will only make it worse.2 -
_Penny_Dreadful said:caprikid1 said:The posters who state you are don't have to leave if the landlord asks you whilst they are correct only a court can evict you and that takes time.
Please bear in mind you will not be able to get a reference from your landlord and other landlords will be reluctant to take you if you this happens. Exerting your legal rights is not going to work to your advantage , it will just delay the inevitable.
Whilst everything being stated is technically correct it probably is unwise unless you are buying a house and don't need to worry about references etc.
The rental market is getting worse due to appalling misguided government policy towards landlords without any suitable alternative being provided. If the plans to abolish Section 21 come in this will only make it worse.1 -
Hi, I can’t help with the rental questions, but are you in a position to get a mortgage? There are some 95% mortgages out there and even though York has shot up recently there’s still cheaper properties available outside the walls? If you can afford an extra £200 per month that will help save quicker, you can always come over to the mortgage free board, it’s not only for those overpaying but those saving for a deposit, lots of support and money saving tips 😊MFW 67 - Finally mortgage free! 💙😁1
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