Multi-decade rental lease required?Make Text Bigger
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?
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