Landlord wants to sell

astroL

wizzywizard65 said:

Stubod said:

A lot of landlords are looking to get out, could be they just want to cash in their asset and sell it with a sitting tennant. It does not look like they have given you any indication that they want you to vacate?

No indication..... Just a text saying she needs to sell and sorry for causing any stress..... anxiety is through the roof right now

Just so that you can understand the probable full situation:  my daughter is the landlady of a semi in East Anglia and can no longer afford to pay the mortgage and all the extra payments that go to keep a property fully licenced.  She therefore is going to have to sell the house.  She has had a good relationship with the tenants but the reality is that she can no longer afford to maintain the house.  She is very likely to have to sell it when the tenancy expires.  She has been extremely upset about this situation for weeks - so it is not just the tenant that might feel upset.  The national situation has caused many of the problems now faced by landlords/landladies.

theartfullodger

ButterCheese said:

m0bov said:

You don't have to let them into YOUR home.

It is not the tenant's home, it's the landlady's home

No, it's the tenant's home and the landlord's investment.

You don't have to permit the valuation visit unless your tenancy agreement says so.

Which country?  Different country different rules and laws.

Tenancy doesn't end until either court says so ; bailiffs arrive or tenant gives notice which is valid then expires.

(Landlord 25 years).

Good luck, best wishes.

wizzywizard65

saajan_12 said:

How far is what you're paying vs what the market rent would be for a similar property? If its very low, its less likely your LL will find another LL buyer who's happy for you to stay. So either your rent would be increased or they'll be serving a S21 notice to eventually evict you. 

So you need to start looking now, and get in touch with council too. 

I am paying about £200 below the market rate and quite willing to pay a rent increase. I have been here for 18 years and all that time I have always paid my rent and never been in arrears.

FlorayG

ButterCheese said:

m0bov said:

You don't have to let them into YOUR home.

It is not the tenant's home, it's the landlady's home

Please do not become a landlord...

freesha

ButterCheese said:

m0bov said:

You don't have to let them into YOUR home.

It is not the tenant's home, it's the landlady's home

Wrong. LL's property; T's home.

theartfullodger

FlorayG said:

ButterCheese said:

m0bov said:

You don't have to let them into YOUR home.

It is not the tenant's home, it's the landlady's home

Please do not become a landlord...

Seconded....

silvercar

wizzywizard65 said:

saajan_12 said:

How far is what you're paying vs what the market rent would be for a similar property? If its very low, its less likely your LL will find another LL buyer who's happy for you to stay. So either your rent would be increased or they'll be serving a S21 notice to eventually evict you. 

So you need to start looking now, and get in touch with council too. 

I am paying about £200 below the market rate and quite willing to pay a rent increase. I have been here for 18 years and all that time I have always paid my rent and never been in arrears.

In your first post you say you can't afford the rent in the area. So which is it? If you can afford the market rate at £200 more than currently, you could find somewhere else to rent. If £200 increase is unaffordable then you need to assess what you want to do.

Eventually the landlord will be able to evict. It could take time, it will be hassle for you, but it will happen. So you need to decide what you want to do. Speak to the council, put your name on the council waiting list. Look in cheaper areas nearby. 

Olinda99

FlorayG said:

ButterCheese said:

m0bov said:

You don't have to let them into YOUR home.

It is not the tenant's home, it's the landlady's home

Please do not become a landlord...

very little likelyhood  of anyone becoming a landlord once the RR bill becomes law

wizzywizard65

astroL said:

wizzywizard65 said:

Stubod said:

A lot of landlords are looking to get out, could be they just want to cash in their asset and sell it with a sitting tennant. It does not look like they have given you any indication that they want you to vacate?

No indication..... Just a text saying she needs to sell and sorry for causing any stress..... anxiety is through the roof right now

Just so that you can understand the probable full situation:  my daughter is the landlady of a semi in East Anglia and can no longer afford to pay the mortgage and all the extra payments that go to keep a property fully licenced.  She therefore is going to have to sell the house.  She has had a good relationship with the tenants but the reality is that she can no longer afford to maintain the house.  She is very likely to have to sell it when the tenancy expires.  She has been extremely upset about this situation for weeks - so it is not just the tenant that might feel upset.  The national situation has caused many of the problems now faced by landlords/landladies.

I really do understand what you are saying, she said she held off for weeks before deciding that she is going to sell... she is a good landlady, any maintenance that needed do was done quickly and she said to me she can no longer afford it. I don't think really wanted to put the apartment on sale but she does not have a choice. I know it's not just me feeling stressed about it she must be too having to decide to sell in the first place.

wizzywizard65

silvercar said:

wizzywizard65 said:

saajan_12 said:

How far is what you're paying vs what the market rent would be for a similar property? If its very low, its less likely your LL will find another LL buyer who's happy for you to stay. So either your rent would be increased or they'll be serving a S21 notice to eventually evict you. 

So you need to start looking now, and get in touch with council too. 

I am paying about £200 below the market rate and quite willing to pay a rent increase. I have been here for 18 years and all that time I have always paid my rent and never been in arrears.

In your first post you say you can't afford the rent in the area. So which is it? If you can afford the market rate at £200 more than currently, you could find somewhere else to rent. If £200 increase is unaffordable then you need to assess what you want to do.

Eventually the landlord will be able to evict. It could take time, it will be hassle for you, but it will happen. So you need to decide what you want to do. Speak to the council, put your name on the council waiting list. Look in cheaper areas nearby. 

I can afford it if I dig into my savings but I am already doing that to pay my bills. At the moment I am receiving treatment for a serious health condition and not fit for work. I was also make redundant and have to claim Universal Credit. It is very difficult to find a place to rent when you are on benefits. When I am fit for work I will find another job... I am 60 so that's going to be another problem.

I will contact the council to put me on the waiting list but the council won't do anything till I get evicted. Some people I know have been on the waiting list for over 2 years as with most parts of England there is not enough housing to go round.