16:17 PM, 17th February 2016, About 6 years ago 23
My family have a property in Hackney, which comprises of a commercial property and a flat above which is accessed by a separate entry to the side of the street.
I need some serious advise how I can repossess the flat as I have protected tenants who have been living there since 1986! They are a husband and wife in their early 50’s with a son age 14.
I have spoken to several solicitors who basically say its virtually impossible to rid of them, unless they are not paying the rent. They are protected under the 1977 Rent Act. I realise protected tenants are becoming a thing of the past, but in my case this could go on forever as it can be handed down to their son.
Unless I can do something which is legal I am in a position where I may have no alternative but to pay them out, which I know that is what they wish and are hanging on for.
If the property is worth for instance £500,000, what percentage should I offer the tenants as I have not got a clue and really begrudge going down this route. I realise I would have to negotiate with them, but I need an indication of what is a reasonable offer to make.
Over the years these tenants have been a nightmare which I wont bore you with, but the time has come for them to go!!
I would really appreciate if somebody out there who has had this nightmare situation can advise me what action I should take or point me to a relevant person that may be able to help.
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