I have a signed a private tenancy for 12 months in the uk, i was wondering what would happen if i chose to buy somewhere before the tenancy was up anybody know???
2006-07-24 03:55:09 · 9 answers · asked by jules 4 in Business & Finance ➔ Renting & Real Estate
Often in 12 month tenancies, there will be a break clause (i.e. a clause allowing you to end the tenancy early). This will usually be after 6 months.
It is at the descretion of the Landlord to allow you to leave early. However, remember that a Landlord cannot claim rent for the same property over the same period of time from different people. So, if you leave and a new tenant takes on the property, you will not have to pay rent after they move in.
Just let your Landlord know when you want to leave and see what he wants to do.
2006-07-24 04:02:16 · answer #1 · answered by Lewiy 3 · 1⤊ 0⤋
im not 1100% sure but i believe that because you signed the tenancy contract for 12 months, then its a legally binding contract and the landlord could take legal action against you as you would have broken the contract... you would also lose the deposit which you put down at the begainning of the lease (if applicable) and all court fees etc would have to be paid by yourself..... or the landlord would make you still pay rent up until the end of the lease.. even if you were not living there still... if in doubt, talk to a solicitor to conform the above.
2006-07-24 04:00:15 · answer #2 · answered by Littleme 2 · 0⤊ 0⤋
depends if its fixed or not, if its a fixed tenancy then you are bound to pay rent until the term of the tenancy is up. if its not then you can get out of the tenancy by sending notice in writing (the amount of notice required depends on the lease, check the terms and conditions to be sure)
2006-07-24 04:03:31 · answer #3 · answered by ladyjinx 3 · 0⤊ 0⤋
unless u hav a nice landlord u will hav to pay the remainder of the 12 months that is still owing or find someone else to take over the tenancy
2006-07-24 03:57:51 · answer #4 · answered by aimeeshopaholic 2 · 0⤊ 0⤋
Read your lease. If it has an option to break the lease (generally on 2 months notice from you, or 1 month from landlord). If not you gotta pay the whole 12 months
2006-07-24 03:59:03 · answer #5 · answered by OriginalBubble 6 · 0⤊ 0⤋
Depends if you have a break clause in the agreement, if so then from the fourth month onwards you should be able to serve 2 months notice and then leave the property without any problems once that notice expires!
2006-07-24 03:58:29 · answer #6 · answered by Nick B 3 · 0⤊ 0⤋
There should be a length of notice you can give to end your tenancy written into your contract. read through it. otherwise just stop paying rent and get evicted.
2006-07-24 06:36:12 · answer #7 · answered by busted 2 · 0⤊ 0⤋
The best thing to do is approach the landlord, explain things and ask them to advertise the flat. Then if someone agrees to rent it you wont have to stay - as long as you are honest and the rent is going to be paid by someone the landlord will be fine xxx
2006-07-24 04:51:26 · answer #8 · answered by Anonymous · 0⤊ 0⤋
check your agreement you will probably have a notice period (probably 4 weeks) if you do then you can leave anytime provided you give them due notice.
2006-07-24 03:59:15 · answer #9 · answered by Angel 3 · 0⤊ 0⤋