10:14 AM, 26th October 2020, About 2 years ago 4
I rented my flat to a friend, and he recently got fired from his job. He’s about £1,600 in rental arrears. Given that he is currently unemployed and broke I suggest the best course of action for us both is for him to vacate the flat and stay in my place (as I have a spare bedroom) I told him that he can stay in my place rent free until he manages to find another job – that way I can rent out my BTL flat to someone else and at the same time he won’t be buried in rental arrears and bills.
He agreed, and we both sign a Deed of Surrender, he even started moving a few of his belongings to my flat. However, all of a sudden he decided that he no longer wants to vacate my BTL flat and wants to stay.
He obviously can no longer pay rent and with the new 6 month notice restriction, I don’t know where I stand? Does our Deed of Surrender agreement have any bearing?
Can I charge him double rent for not honouring our agreement? Obviously not to get more money but to show him that staying there will be more problematic for him?
Previous ArticleI have done my own conveyancing - CGT costs?