Terrible time with council tenant and shock at how law treats landlords15:32 PM, 9th January 2019
About A week ago 40
17:24 PM, 22nd June 2015
About 4 years ago
I am first time landlord looking to buy freehold property around Luton. The property is currently rented to young lady (aged 25-30) with her 2 children aged below 10. As far as I am aware, she is on council benefit but the property is rented on basis of periodic tenancy.
So far I’ve managed to gather following information; 3 tenants changeovers in last 7 years, current tenant living there from 15th June 2013, rent is paid by housing benefit so can be slightly behind due to method of payment (every 4 weeks against PCM but I was made aware that its up to date now), deposit is with TDS, type of tenancy is Periodic Tenancy.
Could someone suggest what other information will I require before going ahead with this property?
Current landlord wants to sell this property tenanted only so will it be easy for me to replace the tenants by serving her 2 months’ notice (as per tenancy agreement) once I have keys of the property.
As mentioned this is my first BTL property so apologies if I am asking very basic questions.
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|
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More