Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 4 weeks ago 48
My elderly aunt and uncle have rented a property for 12 years with no tenancy agreement and paid the landlord £500 cash each month, no receipts. (£72,000!!)
He has now asked them to leave them with 2 months’ notice in order to sell the property. They asked for a reference in order to find alternative accommodation, which he has failed to provide.
She has misguidedly not paid the last 3 months rent to cover initial bond (£1,000) but do intend to pay the balance of £500. They have now moved form the property with much sadness.
Landlord has now issued CCJ for £1,500 for the 3 months’ rent and issued to each of them.
Any advice to avoid stress of court appearance appreciated.
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