Beeber
28-08-2006, 17:32 PM
Hi,
My 3 tenants are on a joint 6 month AST which expires at the end of October.
2 have indicated that they will only renew if the 3rd tenant is not on the next agreement and are happy to find a replacement tenant on the proviso that they pass the usual tenant and credit checks to my satisfaction.
They desire this because of household tensions and social problems of the last tenant.
So my natural query is whether it is a good idea to do this? I can understand why they don't enjoy living with the other person but I am mindful that I may be setting a precedent whereby there is a regular change of tenant for one reason and another. On the other hand, these 2 are model tenants whereas the last is not.
Also, how can I prepare for a worse case scenario of the 3rd tenant should he resent their actions and not wish to leave at the end of the tenancy, for example?
thanks in anticipation of your response
My 3 tenants are on a joint 6 month AST which expires at the end of October.
2 have indicated that they will only renew if the 3rd tenant is not on the next agreement and are happy to find a replacement tenant on the proviso that they pass the usual tenant and credit checks to my satisfaction.
They desire this because of household tensions and social problems of the last tenant.
So my natural query is whether it is a good idea to do this? I can understand why they don't enjoy living with the other person but I am mindful that I may be setting a precedent whereby there is a regular change of tenant for one reason and another. On the other hand, these 2 are model tenants whereas the last is not.
Also, how can I prepare for a worse case scenario of the 3rd tenant should he resent their actions and not wish to leave at the end of the tenancy, for example?
thanks in anticipation of your response