PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

Subletting clause - what does it really mean?

Hello all, 

I am having a little trouble understanding my lease about subletting.

I am thinking of renting my flat out so I have been reading my lease over and over but I am not really sure what its saying.

 

The lease says:

Not at any time during term hereby granted to divide the possession of the flat by an assignment or underletting or parting with possession of part only nor assign underlet or part with possession of garage save in conjunction with the like disposition of the flat and not during the last seven years of the termhereby granted without the previous consent in writing of the lessor assign underlet or part with the possession of the demised premises or the said fixtures.

 

I read this clause as:

1: I cannot sublet a part of my flat or garage but I can sublet the whole of my flat.

2: I need written consent from the freeholder (my neighbour as I own a share of the freehold flat with him, just 2 flats in the building) if I want to rent my flat during the last seven years of the lease.

 

My lease has 900+ years left and if my understanding is right, I don’t need written consent from my neighbour, is that right? Does that mean that i also don't need to tell them?

 

I don’t mind asking my neighbour for consent but when I bought this flat, my solicitor sent me a letter saying that I can sublet under a short lease or tenancy agreement. I checked this online and it says that it lasts 6 months or less so I just thought that I need to ask my neighbour for consent every 6 months, that seems annoying

Many Thanks

Comments

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.8K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.7K Work, Benefits & Business
  • 619.5K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.