Tenant moving out and has a friend who wants to move in.

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    Tenant moving out and has a friend who wants to move in.

    Hi,

    I have had a great tenant in a property I rent for the last 3 years. His family is about to get bigger and my flat is thus too small for him. A close friend of his (also where he works) would like to take over the flat. The LA has asked for commision from the new tenant and is asking me for a signing fee of GBP 300 for the new contract. What should / can I do? The LA has been good as far as I knew untill I got an email from my old tenant complaining about their bad service. They also manage my property and charge me GBP 60 / month.

    Kind regards

    #2
    What do you want to do???
    Allow tenants to protect their own deposits. I want free money when they do it wrong

    Comment


      #3
      End the current tenancy with the current tenant on mutually agreeable timescales. Also immediately write to agent canceling his management agreement (check terms carefully...).

      ..after a "suitable" gap (read your agreement with current agent - no, not the tenancy agreement) sign new contract with new tenant with no involvement of agent. £300 & £60/month better off, less your own management costs...
      I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

      Comment


        #4
        I would like the new tenant to replace/takeover the old tenant because I trust the old tenant's judgment and character. Also not be charged all the extras (signing fee etc,) to both me and the new tenant that the LA will charge.

        The LA did not find the new tenant, I do not require any references, credit checks, cleaning, the new tenant agrees the flat is as the old tenant took it. Basically I am happy for him to just change the name on the contract.

        FYI: The old tenant upgraded my flat with a nice new carpet at no expense to me. He asked me what I can do for his friend.

        Comment


          #5
          What are the agents charging you for? since you want nothing from them as far as the start of the tenancy is concerned (credit checks, referencing, drafting a new AST, check-in inventory, deposit protection, etc) what is the £300 for? Whether you keep the monthly management could be a separate issue
          All views posted reflect my personal opinion only and do not constitute professional advice which I am not qualified or knowledgeable enough to provide.

          Comment


            #6
            Originally posted by stefanos View Post
            I trust the old tenant's judgment and character.

            [...]

            I do not require any references, credit checks, cleaning, the new tenant agrees the flat is as the old tenant took it.
            Personally, I wouldn't care how much I trusted an old tenant's judgement and character, the new arrival would not get his foot in my door without being referenced and credit-checked. Same would apply if this replacement was introduced by a close friend or relative of mine. (You can do it yourself, no need to involve this agent if you don't want to)

            Comment


              #7
              Originally posted by Ericthelobster View Post
              Personally, I wouldn't care how much I trusted an old tenant's judgement and character, the new arrival would not get his foot in my door without being referenced and credit-checked. Same would apply if this replacement was introduced by a close friend or relative of mine. (You can do it yourself, no need to involve this agent if you don't want to)
              I agree totally with this. If the tenant turns out to be a bad'un you will not be able to hold the ex-tenant liable - so check to be confident that tis won't be a bad'un.

              Comment


                #8
                I agree, too.

                But definitely extricate yourself from the agreement with your agent. Give notice asap.
                'Pause you who read this, and think for a moment of the long chain of iron or gold, of thorns or flowers, that would never have bound you, but for the formation fo the first link on one memorable day'. Charles Dickens, Great Expectations

                Comment

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