10:17 AM, 9th November 2015, About 6 years ago 5
We are a family with good income, who just moved to UK and we see ourselves living here for another 10 or 20 years, but unlikely forever.
I do not have the patience to deal with whimsical landlords, but I neither have interest in buying a property in UK. I’m therefore looking for a contract, that would would give us an exclusive use of a property for a long term, i.e. 10 or 20 years at a fixed price.
The landlord would forfeit their right to evict us (modulo some normal good tenant safeguards) and we would have complete freedom to do with property as we wish (renovate, change flooring, install new bathroom, sublet, etc.) and we would also take care of any maintenance that is required on the unit.
Basically, I would buy all the rights of an owner for a fixed amount of time, but the investor would reap the gains (or loses) of the market.
I was looking around and such contracts do not seem to exist, either you do 1 year leases or buy a property, except for commercial spaces.
Do such contract type exists and if not, why not?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Advice and implementation provided by a practising Barrister-At-Law with £10,000,000 of Professional Indemnity InsuranceBook Now
Previous ArticleTenants have created HMO and now council insist on licence?
|“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|