RDH66
31-01-2008, 07:49 AM
I recently let one of my properties to joint tenants and authorised the letting agent to sign the AST agreement on my behalf. I now wish to sell the property and have contacted the tenants who have recently moved into the property to allow access for a viewing. I have also advised them that I would like them to leave the tenancy in about three month’s time.
The AST agreement has no break clause and the tenants have taken legal advice and advised me that we could come to a mutual surrender of the tenancy. They have been advised that they could be eligible for compensation? Or be bought out of the tenancy agreement?
I insist that I have not signed the agreement and do not agree with the agreement not having a break clause.
They have suggested two options:
We either mutual agree to surrender the tenancy (which could incur costs)
Or that they move in and continue with 12 month fixed term?
I desperately want to sell the property, could anyone please advise me on my best course of action?
Thank you
The AST agreement has no break clause and the tenants have taken legal advice and advised me that we could come to a mutual surrender of the tenancy. They have been advised that they could be eligible for compensation? Or be bought out of the tenancy agreement?
I insist that I have not signed the agreement and do not agree with the agreement not having a break clause.
They have suggested two options:
We either mutual agree to surrender the tenancy (which could incur costs)
Or that they move in and continue with 12 month fixed term?
I desperately want to sell the property, could anyone please advise me on my best course of action?
Thank you