13:47 PM, 3rd June 2020, About 2 years ago 6
I signed a 5 year rent to Rent lease for a large property consisting of several flats. I decided to terminate the rent to Rent agreement and gave one years notice, even though the contract was silent on termination, to expire on the contract end date.
The sub-landlord failed to serve notice on time for one tenant, and granted a new tenancy for another tenant to expire after the contact end date. I have agreed terms with a new sub-landlord at a much higher rate, But can’t let 2 flats as they are still occupied.
Until the old tenants go, what rent can I charge the sub-landlord (Rent to Rent landlord). I would argue the new rent is at market rates, and therefore the old landlord should pay this. He wants to pay old rent which was massively discounted, and agreed 7 years ago at a fixed rate for the term.
This is looking like it will go to court, I think market rates as proven by new landlord is fair, but is there anything in law to back this or goes against this?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|