Landlord is selling the property we live in | The Tenants' Voice
Cookies must be enabled for this site to function properly

Topics / Eviction and notice 

start a new discussion

Landlord is selling the property we live in

0 helpful votes
This is the number of people who have indicated that they have found this discussion useful.
421 views 1 replies latest reply: 12 May 2016
Photo
Tenant

Hi there, I hope someone has some ideas.  We are in a fixed term contract until Decmber 2016.  Our current contract with a letting agent says that, should we want to end the tenancy early, we are required to pay rent until a new tenant is found, and then 10% for every month we leave early.  We want to leave in August which would be 3 months early.

As we get on well with the the landlady, I decided to contact her directly to see if she would allow us to leave the property early without the penalty fee and she has infored us that she is now intending on selling the property.  She has said that she will le tus out early under the condition she secures a sale.

My question is, if we now give notice under the tenacncy agreement with the letting agent, what would the conditions be as the landlady would not be looking to replace us as tenants?  Would we be able to simply give notice of the intended leaving date and pay the penalty fee?  We are concerned that the house won’t sell in 3 months and are still waiting for clarification as to what ‘sell’ actually means.

Any advise would be much appreciated.

Get up to £120 in discounts !

Save 10% on 25+ services for your home and garden when you book with Fantastic Services !

Book now and use promo code FTTV10* to receive 10% OFF the price of 25+ services for your home and garden !

Get 10% OFF the price of your service with our promocode:

  • 10% OFF End of tenancy cleaning
  • 10% OFF Removals
  • 10% OFF Handyman services
  • 10% OFF Garden Maintenance
  • 10% OFF Carpet cleaning
  • 10% OFF 25+ more services for your home and garden
cleaner

*Use code: FTTV10 to get 10% OFF all services (Excluding Locksmith Services).

Minimum charges and T&C apply! Can not be combined with other offers and discounts. No expiry date.

Photo
Agent

Hi Sarah- the Landlord can decide to release you if they wish but, as the average sale takes around 3-4 months from agreeing an offer, I dont see that this will help you. Likewise, the fee relates to what they have paid the agency (we employ an almost identical fee structure when tenants want to vacate early) and does NOT relate to re-letting/selling.

Unfortunately, as she is now looking to sell, they almost certainly wnot re-let it and, without a replacement tenant, they are very unlikely to release you from the contract.

All you can really do is talk to the Landlord and see if there are any terms you can agree to on which basis she would allow you to surrender the tenancy. However, if an agreement cant be reached, you will have to see out the rest of your tenancy or pay it off (full rent).

Hope that helps

Showing 1 - 1 of 1 Comments
start a new discussion

Post a reply