I rent out a property to 4 students (one of whom is my son).
On the 10th April, new individual tenancy agreements (for the academic year 05/06) were issued and hand delivered. I issued new tenancy agreements (to replace the existing ones when they expired) due to a small rent increase. This rise had been previously discussed and all had indicated their desire to remain in the property.
The new tenancy agreements (two copies) had been signed by myself and independently witnessed and the covering letter from me asked that they sign both copies, retain one and return the other to me "as soon as possible". I live 250 miles away. A 'polite reminder' was issued by email on the 25th April asking for them to return the signed tenancy agreement at the earliest opportunity.
I have still to get a response from two of the tenants. On the 3rd May I made a formal request for the return of the signed tenancy agreement. I stated that it was a very important legal document that contractually binds both them and myself (the landlord) to certain conditions. I said that failure on their part to provide a signature would invalidate the new tenancy agreement and would therefore no longer guarantee their continued stay at the house.
I further stated that I would be grateful if this documentation could be returned to me by Thursday 12th May (in 3 days time). Todate I have received nought!! I said that if they had a problem with this then they should ring me to discuss. I have heard nothing!! In the absence of the signed tenancy agreement by the due date I then said that I would assume they wanted to find alternative accommodation for the next academic year and I would be at liberty therefore to look for new tenants.
Am I being unreasonable?
If I don't hear from them by the 12th May, do I have to do anything. Their current tenancy agreement expires on the 31st July or do I need to issue them with notice to quit regardless.
Please don't flame me for my ignorance (I realise that already) but buying a property was not meant as an investment for myself... more a means to help my son (who is a medic) clear his debts at the end of his course.