Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
Hi I have decided BTL is no longer for me. I wish to sell ahead of the upcoming accountancy changes (I.e. mortgage no longer deductible etc).
Before I enlist an estate agent to sell the property, I have a few hurdles to overcome:
– Council has served an improvement notice with 2 mo this for compliance (to repair the heating situation).
– My tenants first signed a 12 month AST on 14th March 2016.
I am wondering if I should try sell my property before:
A) The council notice improvement deadline in April 2017
B) If the 12 month AST started March 2016 then when should I serve section 21? I imagine having to give 2 month notice period may mean I have to comply with the council’s notice
C) I imagine the tenant (rightfully) complained to the council and whilst I am regretful of the situation, I have provided “temporary” heating which has lasted much longer since the heating conked in after Christmas and between NY.
Coincidental but I don’t want it to appear as a revenge eviction, its simply the changes in today’s BTL world, which I would like to bail whilst minimising any negative consequences. Tenants seem happy with the explanation and are OK to start looking elsewhere, however I will call the council tomorrow to explain I will look to comply (worst case I recoup the cost of the heating repair from the sale).
Appreciate guidance as I am unsure whether I can evict without this appearing vengeful, are there any other aspects I need to consider. I have protected the deposit and prescribed in the first 40 days, have all the necessary checks and tests (per the initial on boarding of the tenant etc) so all in shape except recent events.
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