Damn Them Tenants!
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I rented many years ago and swore I would never be like the landlords I had! Well, to be fair, there was only one who was really bad, but a couple who just didn't care and one who was a diamond in the rough. Now that I am the other side of the relationship I decided what sort I would be and have generally stuck to it. I charge £650 pcm ($1000) for a 2 bed ground floor flat (Apartment as the USians would say) and keep it well maintained. The tenants I have had over the years have all been ok, no real nightmares and this is the first time I have had to deal with a 'Breaker'. (There have been cases where I have let them go a few weeks early but not five months!) Still, so long as they pay up then all is well.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
Dalek Dave wrote:
there was only one who was really bad,
I only had one real bad one too but it's amazing how it sticks in your memory.
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Dalek Dave wrote:
there was only one who was really bad,
I only had one real bad one too but it's amazing how it sticks in your memory.
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Dalek Dave wrote:
Are you looking for somewhere to rent?
Not at the moment but I could be anywhere in the country for my next contract unless I can get one in the midlands soon. I'll look you up when they want me somewhere and its 'Of course you can start next week can't you'. :)
"The secret of happiness is freedom, and the secret of freedom, courage." Thucydides (B.C. 460-400)
Matthew Faithfull wrote:
you can start next week can't you
Isn't that always the case... but I guess "more work, now" is better than no work at all.
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My tenants have recently signed a 6 month lease and now they want to be released early. I could force them to fulfil the contract, the law is on my side, but one must be practical. They would resent being tied there and I suspect damage would be done and a lot of ill-feeling. However, I do not wish to be out of pocket, so I think the best compromise is to let them go, but make them pay the fees generated on installing the next bunch. They would also have to be responsible for the property until the new tenants sign and take over. I don't suppose they would be entirely happy about this but a) I have a £1000 in deposit and b) it beats being forced into contractual obligations. Morally and Legally I am in the right, but these things so often break down into squabbles and recriminations. Being a landlord is so much hassle that I sometimes wonder if it is worth it. (Until rent day, and when the money hits the account I realise that it is!) I am going to see them this evening to make my proposal, I hope they just accept it and we can all move on.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
You could ask them to bring in successors.
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Matthew Faithfull wrote:
you can start next week can't you
Isn't that always the case... but I guess "more work, now" is better than no work at all.
It certainly is, I'll be suitably grateful when it comes my way, I'm always busier when I'm not doing paid work anyway.
"The secret of happiness is freedom, and the secret of freedom, courage." Thucydides (B.C. 460-400)
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You could ask them to bring in successors.
I prefer to vet who goes in the property. (Credit checks and references etc). If they just put in anyone it could lead to trouble.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
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I prefer to vet who goes in the property. (Credit checks and references etc). If they just put in anyone it could lead to trouble.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
That's presumed. The task would be to bring someone you'd accept. (It's a common practice over here if you want to get out of a lease early. Not a good one, but common...) On second thought, that seems like a bit too much to ask :)
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My tenants have recently signed a 6 month lease and now they want to be released early. I could force them to fulfil the contract, the law is on my side, but one must be practical. They would resent being tied there and I suspect damage would be done and a lot of ill-feeling. However, I do not wish to be out of pocket, so I think the best compromise is to let them go, but make them pay the fees generated on installing the next bunch. They would also have to be responsible for the property until the new tenants sign and take over. I don't suppose they would be entirely happy about this but a) I have a £1000 in deposit and b) it beats being forced into contractual obligations. Morally and Legally I am in the right, but these things so often break down into squabbles and recriminations. Being a landlord is so much hassle that I sometimes wonder if it is worth it. (Until rent day, and when the money hits the account I realise that it is!) I am going to see them this evening to make my proposal, I hope they just accept it and we can all move on.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
My 12-month lease says I can exit it at any time... I just have to pay 2-months worth of rent if I choose to do so (and I lose any deals I got when I signed the lease, such as a monthly discount).
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Rhys Gravell wrote:
You can choose to break the tenancy by suggesting that a financial settlement be made i.e. if they owe 7 months – you will settle for 4 months
This is one option I am looking at.
Rhys Gravell wrote:
You can find a new tenant, and hold the tenant liable for the costs of finding the tenant (advertising, agency fees etc).
This is the preferred option and the one that I am proposing.
Rhys Gravell wrote:
I'd be wary of witholding deposit as it will be protected[^] and there could be all kinds of muck and nonsense about that though I'm not entirely clear on that front.
I am aware of this, but I can make applications for costs against it to the holding company and can force delays in release until handover signing is complete. It is very much like Escrow, neither of us can get the money unless we both agree.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
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As a tenant, it's my understanding that a landlord has only a few options regarding ending a tenancy early. You can agree to early ending of the tenancy or you can; Continue to enforce payments from the tenant, as the tenant is liable until the tenancy is legally terminated The tenant can provide a new tenant BUT the tenant has to be acceptable to you, and until then the tenant is completely liable You can choose to break the tenancy by suggesting that a financial settlement be made i.e. if they owe 7 months – you will settle for 4 months You can find a new tenant, and hold the tenant liable for the costs of finding the tenant (advertising, agency fees etc). If at any point you approve the actions of the tenant vacating early, then they can legally stop paying the rent. I'd be wary of witholding deposit as it will be protected[^] and there could be all kinds of muck and nonsense about that though I'm not entirely clear on that front. [edit]Just a thought but yes, you could with agreement agree to break the tenancy by suggesting that a financial settlement be made that is equal to the deposit and that the deposit be utilised for this purpose, but if you do that, get a signature on it[/edit]
Rhys "If you ever start taking things too seriously, just remember that we are talking monkeys on an organic spaceship flying through the Universe"
Rhys Gravell wrote:
As a tenant, it's my understanding that a landlord has only a few options regarding ending a tenancy early
Depends both on the lease and on local laws. The latter could have an impact if some relevant section becomes unenforceable due to a local ordinance.
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Rhys Gravell wrote:
As a tenant, it's my understanding that a landlord has only a few options regarding ending a tenancy early
Depends both on the lease and on local laws. The latter could have an impact if some relevant section becomes unenforceable due to a local ordinance.
We're both in England and I've always had the type of tendency agreement referred to in an earlier post. I got screwed over a deposit by a landlord when I was about 24 and decided that would never happen again so have kept up to date on relevant housing law in regards the tenancies I have had, and always paid attention to the tenancy details too.
Rhys "If you ever start taking things too seriously, just remember that we are talking monkeys on an organic spaceship flying through the Universe"
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I prefer to vet who goes in the property. (Credit checks and references etc). If they just put in anyone it could lead to trouble.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
I had my cat vetted. Not sure you have the authority to do that to people, though.
I wanna be a eunuchs developer! Pass me a bread knife!
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My tenants have recently signed a 6 month lease and now they want to be released early. I could force them to fulfil the contract, the law is on my side, but one must be practical. They would resent being tied there and I suspect damage would be done and a lot of ill-feeling. However, I do not wish to be out of pocket, so I think the best compromise is to let them go, but make them pay the fees generated on installing the next bunch. They would also have to be responsible for the property until the new tenants sign and take over. I don't suppose they would be entirely happy about this but a) I have a £1000 in deposit and b) it beats being forced into contractual obligations. Morally and Legally I am in the right, but these things so often break down into squabbles and recriminations. Being a landlord is so much hassle that I sometimes wonder if it is worth it. (Until rent day, and when the money hits the account I realise that it is!) I am going to see them this evening to make my proposal, I hope they just accept it and we can all move on.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]