Papitogrande Posted October 1, 2008 Share Posted October 1, 2008 Hi there, I am about to sign a 12 month tenancy on a really nice place that I would one day like to buy - it's humorously overpriced right now but one day it may be worth it. It's simultaneously up for sale and rent and although the agent 'believes' that it will be off the market after I move in I can't be certain. My question is simple, what happens if 3 months into the 12 month tenancy the landlord agrees a sale? Quote Link to comment Share on other sites More sharing options...
Wad Posted October 1, 2008 Share Posted October 1, 2008 (edited) Hi there,I am about to sign a 12 month tenancy on a really nice place that I would one day like to buy - it's humorously overpriced right now but one day it may be worth it. It's simultaneously up for sale and rent and although the agent 'believes' that it will be off the market after I move in I can't be certain. My question is simple, what happens if 3 months into the 12 month tenancy the landlord agrees a sale? Stipulate in the contract that it will be taken off the market when you sign the tenancy and also stipulate when and what conditions (i.e 24 hour email notice) the LL may show prospective buyers/renters the property in the last two months of your tenancy. If they will not agree to this in writing - they are not serious. You may as well know now. I as in a similar sitiation recently. I rented a flat where the LL was prepared to do the right thing. On the other I dropped him like a hot brick. I would not agree to any tenancy where the LL will not agree more than a 6 months term and wants to also keep it on the sales market. Some LL seem to be trying to use tenants as a paying house sitter while they try and sell it. Edited October 1, 2008 by Wad Quote Link to comment Share on other sites More sharing options...
Guest anorthosite Posted October 1, 2008 Share Posted October 1, 2008 My question is simple, what happens if 3 months into the 12 month tenancy the landlord agrees a sale? You have a new landlord for the last 9 months. They certainly can't evict you before the agreement is up. Of course the landlord probably won't sell if you don't let anyone in to view it - which is your right no matter what the tenancy agreement states. Quote Link to comment Share on other sites More sharing options...
Matt Henson Posted October 1, 2008 Share Posted October 1, 2008 Hi there,I am about to sign a 12 month tenancy on a really nice place that I would one day like to buy - it's humorously overpriced right now but one day it may be worth it. It's simultaneously up for sale and rent and although the agent 'believes' that it will be off the market after I move in I can't be certain. My question is simple, what happens if 3 months into the 12 month tenancy the landlord agrees a sale? Unless you stop paying rent the LL can not evict you for any reason in the first six months, thereafter you can only be evicted on ground 1 of the 1988HA if the property was the former family home or ground 2 if the bank reposesses.... other than that you will be safe for the full 12 months Quote Link to comment Share on other sites More sharing options...
Papitogrande Posted October 4, 2008 Author Share Posted October 4, 2008 Thanks for the replies guys, we are moving in today so we'll see how it goes. I think if the worst comes up in a few months I'll ask for compensation, might be a nice little earner. Quote Link to comment Share on other sites More sharing options...
Flopsy Posted October 4, 2008 Share Posted October 4, 2008 Check your rental agreement to see if there is a clause about paying a fee to the agent if you do decide to pay the house at a later stage. This does sound like a strange thing to say but I have had this clause in previous contracts. There is of course some debate on how enforceable this it, but it may be worth looking out for. Quote Link to comment Share on other sites More sharing options...
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