One student tenant wants to replace another on an existing tenancy
Our student property is currently rented under a 12 month tenancy starting 1.8.2013 for 12 months.
One of the students, who has signed the above tenancy (and is guaranteed by her parents) has decided not to go ahead with her postgraduate course (and move to Australia) but has found a friend who wants to live in the property.
I don’t want to alter the original lease, so how do I secure the rent from the new tenant?
What about his deposit and our deposit scheme?
Any ideas what I should do?
Thanks
Mike McGuire
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Member Since January 2011 - Comments: 12205 - Articles: 1401
10:08 AM, 22nd August 2013, About 13 years ago
Reply to the comment left by “Mike” at “22/08/2013 – 09:33”:
Links to Deeds of Assignment can be found in comments above.
Did you mean to delete your profile Mike? the reason I ask is that I’ve just been deleting some spam profiles and I’m wondering whether I might have accidentally deleted yours at the same time. Sorry if I have, a new one will be created next time you post a comment if that is the case.
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Member Since September 2011 - Comments: 882 - Articles: 30
11:31 AM, 22nd August 2013, About 13 years ago
Reply to the comment left by “Yvette Newbury ” at “22/08/2013 – 00:11”:
Thank you Yvette I did not know that we did not need to do a new deposit protection with MyDeposits – I learn something new every day.
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My book, where I warn about the storm clouds that are gathering for landlords is here >>> http://www.amazon.co.uk/dp/1484855337
Member Since September 2011 - Comments: 882 - Articles: 30
11:33 AM, 22nd August 2013, About 13 years ago
Reply to the comment left by ” ” at “22/08/2013 – 09:33”:
NLA now offer free Associate membership – you just have to register and you will have access to the forms.
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My book, where I warn about the storm clouds that are gathering for landlords is here >>> http://www.amazon.co.uk/dp/1484855337
Member Since July 2013 - Comments: 293
3:59 PM, 22nd August 2013, About 13 years ago
Reply to the comment left by “Mary Latham” at “22/08/2013 – 11:31”:
Mary – thanks but I should clarify my comment that this is only for tenants who are still within the fixed term of the AST. A new protection must be paid for if all joint tenants leave/are added after the expiry of the fixed term of the AST. .Mydeposits have a form that can be used instead of sending the deed of assignment to them called a Joint Tenant Transfer Form. I will certainly ask tenants to sign this in future if the same situation arises, as well as the Deed of Assignment and inventory.
Member Since July 2013 - Comments: 19
11:18 AM, 23rd August 2013, About 13 years ago
Just a thought everybody
if you read proposed changes to regulations it will become compulsory to have a periodic inspection of the electrical system every five years or at change of tenancy
this year i had two changes of tenant in five weeks in a seven person student house only one tenant out of the seven changed in both cases
question is would i need three electrical inspections any body know
Member Since September 2011 - Comments: 882 - Articles: 30
11:58 AM, 23rd August 2013, About 13 years ago
Reply to the comment left by “Yvette Newbury ” at “22/08/2013 – 15:59”:
Thank you again Yvette I did not know about the MyDeposits JT Transfer Form & yes you are right this would only apply to the fixed term – most students tenancies are of course a fixed term because we don’t want a mid-year void but if they were not students this is really important to note
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My book, where I warn about the storm clouds that are gathering for landlords is here >>> http://www.amazon.co.uk/dp/1484855337
Member Since September 2011 - Comments: 882 - Articles: 30
12:12 PM, 23rd August 2013, About 13 years ago
Reply to the comment left by “Anthony Altman” at “23/08/2013 – 11:18”:
The proposal is for a full inspection every 5 years and a visual inspection at the turn of each tenancy in a non-HMO, this is in line with HMO regulations where it applies now.
DCLG will no doubt be making changes in the near future but nothing has changed yet.
Follow me on Twitter@landlordtweets
My book, where I warn about the storm clouds that are gathering for landlords is here >>> http://www.amazon.co.uk/dp/1484855337